AgroPages-Italian 2006 market down 10%-Agricultural news

The Italian agrochemical market fell by around 10% last year. Sales on that basis would have amounted to Euro 666 million ($837 million). High stock levels and poor weather impacted on sales. Farmers' disposable income was down slightly in the previous year. Despite subsequent higher commodity prices, the expectations at the start of the season were negative. The country's agrochemical industry association, Agrofarma, has yet to provide its annual sales survey.

Seasonal factors led to lower fungicide use in the summer, especially on grapevines. Agreements at EU level led to a large fall in the sugar beet area to around 70-80,000 ha. Despite crop substitution, pesticide product sales fell by around Euro 20 million due to the reduction, the report says. Another notable impact on the market was the drop in the durum wheat area. It fell by 45% compared to the 2003/04 season to 1.2 million ha.

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Italian 2006 market down 10%

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