In
2023, China's domestic economy gradually recovered with the COVID-19
pandemic ending and strict pandemic control dismantled, the pesticide
market performance was barely satisfactory though. Under high prominence
and protection of agriculture by the government, China's pesticide
market on the whole maintained a stable developing trend, yet turbulence
on the globe, such as the sustained Russia-Ukraine conflict and the
outbreak of Israel-Hamas war, has posed side effect on the global
economy, plus the uncertainty factors such as increasing extreme weather
have laid certain brunt and negative influence on the pesticide
industry, leading to an unusual trend of agrochemical industry in H2
2023.
First
of all, the three main pesticide categories (herbicides, insecticides
and fungicides) continued the H1 price downtrend in H2 2023. Secondly,
total pesticide exports (actual volume) and value during H2 marked
double-digit half-year growths compared with those in H1, when the
export volume, no matter calculated by actual volume or 100% AI volume,
and the export value showed negative growths as results of over-hoarding
and excessively high price at abroad during the pandemic. Furthermore,
the slipping technical price also pared down the end formulation price,
causing large domestic consumers of pesticide technical such as
formulation producers and channel distributors to be more cautious about
procurement and winter stocking-up—most of which adopted
multiple-purchasing-and-low-amount mode, bringing much pressure to
technical enterprises.
In
2019–2023, the China Agrochemical Price Index (CAPI) marked yearly
growths in 2021 and 2022 while declines in the other three years.
Thereinto, herbicides registered the largest YoY change in the index
overall among the three main pesticide categories. In this report, CCM
will do analysis of the prices of pesticides in China from the following
aspects:
√ Overview of China's pesticide AI prices in 2023
√ Price analysis of herbicides
√ Price analysis of insecticides
√ Price analysis of fungicides
√ Forecast
Main contents:
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No.
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Content
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Methodology
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Executive Summary
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1
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Overview of China's pesticide AI prices
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1.1
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Review of China's pesticide price from 2019–2023
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1.2
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Price trend of China's pesticides in 2023
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1.3
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Ranking of major pesticide AI by YoY change
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2
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Five main herbicide AI ranked by YoY change in China
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2.1
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Glufosinate-ammonium
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2.2
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Glyphosate
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2.3
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Clethodim
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2.4
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Diquat
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2.5
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2,4-D
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3
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Five main insecticide AI ranked by YoY change in China
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3.1
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Chlorfenapyr
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3.2
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Acetamiprid
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3.3
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Bifenthrin
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3.4
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Imidacloprid
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3.5
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Emamectin benzoate
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4
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Five main fungicide AI ranked by YoY change in China
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4.1
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Hymexazol
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4.2
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Tebuconazole
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4.3
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Propiconazole
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4.4
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Azoxystrobin
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4.5
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Dimethomorph
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5
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Forecast
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List of tables:
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Table No.
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Table Title
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Table 1.1-1
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Annual China Agricultural Price Index (CAPI), 2019–2023
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Table 1.2-1
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China Agricultural Price Index (CAPI), Jan.–Dec. 2023
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Table 1.3-1
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Ranking of major herbicide AI by YoY decrease in China, 2023
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Table 1.3-2
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Ranking of major insecticide AI by YoY decrease in China, 2023
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Table 1.3-3
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Ranking of major fungicide AI by YoY decrease in China, 2023
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List of figures:
Email emarket1@cnchemicals.com with the report title to get a sample report now.
About CCM:
CCM is the leading market intelligence provider for China’s agriculture, chemicals, food &
feed and life science markets. Founded in 2001, CCM offers a range of
content solutions, from price and trade analysis to industry newsletters
and customized market research reports. CCM is a brand of Kcomber Inc.
For
more information about CCM, please visit www.cnchemicals.com or get in
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