Global pesticide market is still in
downturn and the global pesticide giants also performed badly in their sales.
The five major pesticide giants in the globe, Syngenta AG (Syngenta), Bayer
CropScience AG (Bayer CropScience), BASF SE (BASF), Dow AgroSciences LLC (Dow
AgroSciences) and E. I. du Pont de Nemours and Company, Inc. (DuPont), all
can’t still pick themselves up from the bottom regarding to no matter the third
quarter sales performance or that of the first three quarters.
However, these five pesticide giants still
shone for their star products in the pesticide market in the world in 2016.
CCM is here to share the analysis on the
performance of these five giants.
Source: Baidu
Bayer: Pesticides sales value goes down
4.2% YoY in first three quarters
On pesticide sales performance in Q3
In Q3 2016, pesticides sales value went
down 4% YoY in Bayer CropScience, with the sales value of EURO1.759 billion. In
its four major businesses, the fungicide business increased in its sales value
and the sales value of seed and traits was EURO152 million, up 22.6% YoY as
well.
In Q3 2016, Bayer CropScience’s sales value
of fungicide was EURO615 million, up 6.6% YoY. The sales value of herbicide was
EURO480 million, down 1.4% When it comes to insecticide, in Q3, its sales value
was EURO385 million, down 18.3% YoY. And the sales value of seed treatment
formulation was EURO279illion, down 6.4% YoY.
In Q3 2016, the total sales value including
pesticide and seed in Bayer CropScience reached EURO1.911 billion, down 2.4%
YoY.
On pesticide sales performance in Q1-Q3
2016
In Q1-Q3 2016, the total pesticides sales
value in Bayer CropScience reached EURO5.996 billion, down 4.2% YoY.
The sales value of fungicide was EURO2.282
billion, up 2.1% YoY. The sales value of herbicide was EURO2.094 billion, down
3.9% When it comes to insecticide, its sales value was EURO917 million, down
16.7% YoY. And the sales value of seed treatment formulation was EURO649
million, down 4.8% YoY.
In Q1-Q3 2016, the total sales value
including pesticide and seed in Bayer CropScience reached EURO7.093 billion,
down 3.1% YoY.
On sales markets
In Q3 2016, Bayer CropScience’s pesticide
sales value decreased 5.3% in Latin America, Africa and Middle East, with the
sales value of EURO859 million, which was caused by huge fall from the demand
in Brazil. According to Bayer CropScience, the Brazil government provided low
limits for their credit facility, which affected the market demand. The sales
value of insecticide and herbicide declined a lot and that of fungicide
increased in the said areas. And the sales value of soybean seed was very
inspiring for Bayer CropScience.
In Q3 2016, the total sales value of
pesticides was EURO463 million in Europe, up 5.8% YoY. Specifically, the sales
value of fungicide, herbicide and rape seed business all increased while that
of seed treatment formulations fell.
In Q3 2016, the sales value of pesticides
was EURO368 million in North America, up 5.7% YoY. Specifically, the sales
value of seed business and herbicide used in corn both increased greatly while
that of fungicide and insecticide both decreased.
In Q3 2016, the sales value of pesticides
was EURO367 million in Asia Pacific, up only 1.1% YoY. The climate helped to
push the fungicide market while the sales value of herbicide, insecticide and
seed business went down.
On acquiring Monsanto
The most important news for Bayer
CropScience belonged to its plan to acquire Monsanto and both parties have
reached agreement on the issue currently. Bayer CropScience had already
received a syndicated loan of USD57 billion provided by different banks in
early Oct. Bayer CropScience predicted that the acquisition would be completed
at the end of 2017.
On prospect
Bayer CropScience believes that the sales
value may remain the same in 2016 as that in 2015 but the EBITDA of some
special projects would fall a little bit this year.
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Tag: Pesticide