Compared to 2011, domestic listed pesticide enterprises have enjoyed a good performance generally in 2012. Among the 20 pesticide listed enterprises, there are 17 of them reported revenue growth in 2012. The largest growth rate of revenue in these enterprises reached 507.65% and the smallest reached 1.49%. Only three of them witnessed revenue decline and one of them suffered deficit, according to China Crop Protection Monthly Report, issued by CCM in April.
China's pesticide TC output in 2012 firstly exceeded 3 million tonnes, reaching 3,549,090 tonnes, up 19% over that in 2011. The main reason for the large growth of pesticide output in this year is mainly because of the large increase output of herbicide, which is driven by the large demand of some bulk herbicides, namely glyphosate, paraquat, 2,4-D, etc. Total herbicide output in this period surged by 42.5% over 2011, reaching 1647,975 tonnes.
The price and demand increase of these bulk herbicides has directly helped some pesticide listed enterprises get on the top of the revenue list, such as Nanjing Redsun Co., Ltd., Zhejiang Wynca Chemical Industry Group Co., Ltd., Nantong Jiangshan Agrochemical & Chemicals Co., Ltd., etc.
However, although the revenue of most domestic listed pesticide enterprises has largely increased YoY, there is still a large gap between domestic listed pesticide enterprises and those multinational ones. According to Syngenta, its revenue in 2012 reached USD14,200 million, two times more than the total revenue of the 20 domestic pesticide listed enterprises.
Table of Contents of China Crop Protection Monthly Report 1304:
Listed pesticide enterprises in China
Detailed analysis of 20 financial reports in 2012
Nanjing Redsun
Zhejiang Wynca
Huapont-Nutrichem
Nantong Jiangshan
Lianhe Chemical
Sanonda
Jiangsu Yangnong
Shandong Shengli
Hebei Veyong
Jiangsu Huifeng
Shenghua Biok
Noposion
Lier Chemical
Jiangsu Changqing
Jiangsu Lanfeng
Hunan Haili
Anhui Huaxing
Qianjiang Biochemical
ABA Chemicals
Zibo Wanchang
China Crop Protection Monthly Report, a monthly publication issued by CCM, will keep an eye on the most important or the latest occurrences or the hottest topics in China’s crop protection industry, and select one or two topics out of these news and information to compose an in-depth feature article. You can obtain professional and insightful intelligence, covering market dynamic, industry development, government policies and more by going through the features articles every month.
About CCM
CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and consultancy service.
For more information, please visit http://www.cnchemicals.com.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China
Tel: 86-20-37616606
Email: econtact@cnchemicals.com