Peruvian agrochemical market to touch US$220 mn in 2017

The sales of agrochemicals in Peru should reach US$220 million in 2017, according to CultiVida, a non-profit association maintained by the largest companies in the sector. 

 

If the projection is confirmed, the industry performance would represent an increase of 10%, compared with the $200 million reached in 2016.

 

Though there is a growth, the expansion rate is now estimated at a lower rate than projected earlier in 2017, when the sales estimate was $240 million. According to CultiVida, insecticides are the major agrochemical sold in Peru.

 

The association was also alerted for the fact that the country suffers from a high incidence of agrochemicals smuggled or altered in the national market. “Of the total sales of agrochemicals in Peru, the products that are smuggled, altered or faked represent 20%,” stated CultiVida executive, Mirna Zuzunaga.

 

In Peru, CultiVida is participating in programs like “Campo Limpio” (Clean Field), which promotes the recovery of used packaged of agrochemicals for recycling and “CuidAgro,” which stimulates responsible management and good agricultural practices.