May. 9, 2012
2011 was the best year of China’s pesticide export since the 2008 downturn, export volume reached 1.40 million tons, 15.65% up year on year with the value amounting to $6.19 billion, 27.62% up year on year, according to the data from the Institute for the Control of Agrochemicals of Ministry of Agriculture (ICAMA).
In the year technical pesticides export reached 653,000 tons, up by 5.1%, accounting for 46.42% of the total quantity with value rose 25.3% to $3.91 billion, which accounting for 63.23% of the total value; pesticides formulation export reached 753,700 tons, 26.66% up year on year, accounting for 53.58% of the total quantity with value increased by 31.82% to $2.28 billion, accounting for 36.77% of the total value.
The statistics reveals a considerable growth of export of both pesticide technical and formulation in 2011, where formulation export growth appears to be noticeably higher than that of technical. The 53% formulation export exceeded half of the total export, which is a breakthrough in the past dominance of technical export, indicating a significant change of China’s pesticide export structure. Additionally the territory of export reached 181 countries and regions, which beat the record.
Also export varieties grew to a certain degree. Herbicides export accounted for 63.25% of the total quantity, reaching 891,200 tons, 15.15% up year on year, export value was $3.28 billion, up by 24.4%, accounting for 52.98% of the total value. Insecticides export reached 348,800 tons, up by 22.68%, which accounting for 24.8% of the total quantity with value amounting to US$1.848 billion, up by 34.4%, which accounting for 29.87% of the total value. Fungicides export reached 142,700 tons, 6.26% up year on year accounting for 10.14% of the total quantity. Plant growth regulator export reached 22,700 tons, 29.6% up, accounting for 1.61% of the total quantity.
More from AgroNews
Subscribe to daily email alerts of AgroNews.