AgroPages-Paraguayan agrochemical market sales boosted in 2013-Agricultural news

The total sale of pesticide in Paraguay in 2013 was $299.33 million; 41% corresponds to herbicides, 36% to insecticides and 23% for fungicides. Market increase in Paraguay is related to increasing new areas being developed. Beef and rice production are the activities responsible for increasing new productive regions. Regional economy also helps to be attractive for foreign capital investments.

Paraguayan pesticides market result ($ million)
Category	Sales of 2013	Sales of 2012	Change%
Herbicides	121.94	83.51	+46.01%
Insecticides	107.44	94.72	+13.42%
Fungicides	69.94	60.42	+15.75%
Source: Import Custom House Information

Paraguayan agrochemical sales per crop ($ million)
Crop	Sales of 2013	Sales of 2012	Change%
soybean	367.63	294.1	+20%
Corn	34.97	29.72	+15%
Sunflower	4.09	2.86	+30%
Wheat	39.33	32.25	+18%
Rapeseed	5.31	5.04	+5%
Total	451.36	369.98	+22%
Source: El Tejar Paraguay SRL

This article is adapted from AgroPages' business magazine "2014 Latin America Focus", Please click here to download and view the full text.

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Paraguayan agrochemical market sales boosted in 2013

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