China's ten-month agchem trade sees double-digit growth in 2014

Date:12-11-2014

According to the data released by the Chinese General Administration of Customs, pesticides import volume in October increased by 72.3% to 7 thousand tons, with import value down by 5.2% to $39.34 million. Pesticide export volume in October down by 1.0% to 72 thousand tons, with value down by 2.1% to $266 million.

In the first ten months of 2014, the total volume of imported pesticides was up by 22.1% to 77 thousand tons, with value increased by 10.6% to $647 million. The export volume increased by 6.1% to 990 thousand tons, with value up by 12.6% to $3,546 million.

Import specifics

In October, herbicide import largely increased by 244.6% to 2 thousand tons,with value down by 18.1% to $10.37 million. Insecticide volume was up 2.9% and value dropped by 14.9% to $4.34 million. Fungicide volume and value decreased by 2.9% and 16.0% to 2 thousand tons and $13.65 million respectively.

During the first ten months of 2014, the volume and value of fungicide import showed double-digit growth. The volume of fungicide was up by16.5% to 26 thousand tons, with value increased 12% to $279 million. Herbicide volume was up by 22.4% to 23 thousand tons, recording a 6.9% increase in value to $139 million. Import volume of insecticide was 9,000 tons (up 0.7%) and value was $139 million (up 1.8%).

Import (000 tons, $M)
Category	Oct.		Ten-month
	Volume	Value	Volume	Value
Herbicide	2.0	10.37	23	139.22
Insecticide	0.0	4.34	9.0	139.36
Fungicide	2.0	13.65	26	279.30
Total	7.0	41.7	77	646.85

Export specifics

In October, herbicide volume was down by 4.4% to 46 thousand tons ,with value down by 16.1% to $144 million. The export volume of insecticide grew by 8.3% to 18 thousand tons. For fungicide, the volume decreased by 3.3% to 6000 tons, with value of $31.23 million.

During the first ten months of 2014,the export of herbicides was up 6.5% to 689 thousand tons and 10.7% to $2,209 million, in terms of volume and value respectively. Insecticide export volume recorded a 6.0% increase to 203 thousand tons,with value up 18.6% to $906 million. The export of fungicide increased by 4.3% in volume and 9.4% in value.

Export (000 tons, $M)
Category	Oct.		Ten-month
	Volume	Value	Volume	Value
Insecticide	18	83.6	203	905.6
Fungicide	6	31.2	63	344.3
Herbicide	46	144.6	689	2,209.2
Total	72	266.2	990	3,546.0