China fungicides import up 57% in October

According to the data released by the Chinese General Administration of Customs, pesticide import/export in the first ten months of 2012 is shown in table 1.

It is shown from the table above that the imported and exported pesticide both increased in the first ten months. The volume of imported pesticide increased by 23.2% to 54,200 tons, which accounted for 1.9% of total domestic output; the value reached $482 million, increased by 18.0%, the imported average price decreased by 4.6% to $8,893.0/t. Among them, imported insecticide price was highest, rose by 5.2% to $ 15,775/t; imported fungicides went up by 36.3%.

In October, imported fungicides continued to grow, with an increase of 56.5%, while the imports of insecticides and herbicides declined.

Volume of exported pesticide grew by 12.6% to 748,900 tons, the exported pesticide value increased by 17.3% to $2,360 million, and the exported average price rose by 4.3% to $3151.3/t. The volume of exported pesticides accounts for 26.1% of the total output. Among them, exported herbicides volume grew by 21.0% to 497,900 tons, accounting for 66.5% of the total export, 37.7% of herbicide production. The exported herbicide value was $1,363 million; the average exported price was $2,737.5/t, increased by 6.4%. As carbendazim exports stumble due to the Brazil exported orange juice residue issues at the beginning of the year, fungicides exports volume and value continued to decline. The exported fungicide decreased by 7.5% to 59,600 tons, accounting for 8.0% of the total exported volume, 50.9% of fungicide production; the exported fungicide value reached $281 million, down by 9.9%, the average exported price was $4,714.8/t, decreased by 3.0%.