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China pesticide sales up 23% in eleven months of 2012qrcode

Dec. 25, 2012

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Dec. 25, 2012
According to the statistics of China National Bureau of Statistics, total 804 Chinese pesticide enterprises above designated size whose data were collated realized a total industrial output value of Yuan 23.1 billion in November 2012, with an increase of 27.5% on the same period last year. Sales of pesticides grew by 26.9% to Yuan 22.3 billion. Among them, output value and sales growth of biopesticides both exceeded 40%.

In the first eleven months, accumulative total industrial output value of pesticide rose by 23.3% to Yuan 219.4 billion, and sales of pesticides increased by 22.6% to Yuan 212.7 billion. Due to higher domestic demand, fast growing market overseas and higher price, the profit of pesticide industry rose by 33.9% to Yuan 11.7 billion in the first ten months. The industry loss fell by 5.2% to Yuan 650 million, which showed the better performance this year.

Major economic indicator (Yuan billion)
Category
Number of company
Industry output value
%change
sales
%change
November
chemical pesticide
680
19.72
+25.0
18.96
+23.9
biological pesticide
124
3.39
+44.5
2.93
+47.2
Total
804
23.10
+27.5
22.29
+26.9
Eleven months
chemical pesticide
680
189.99
+21.1
184.03
+20.4
biological pesticide
124
29.36
+39.3
28.66
+38.5
Total
804
219.35
+23.2
212.69
+22.6
Source: National Bureau of Statistics
Source: AgroNews

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