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    Home > Agriculture News > Pesticide News > Decline in output, increase in profit, better-than-expected economic situation in the pesticide industry

    Decline in output, increase in profit, better-than-expected economic situation in the pesticide industry

    • Last Update: 2022-02-21
    • Source: Internet
    • Author: User
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    Last week, the 6th Pesticide Industry Economic Operation Analysis Conference and Agrochemical Industry Ranking Conference hosted by China Pesticide Industry Association was held in Hefei
    .
    The data shows that with the implementation of the New Pesticide Management Policy, industry safety supervision and environmental protection pressures continue to increase, and the supply-side structural reforms are further deepened, the profitability of pesticide companies has further improved
    .
    At the same time, sales increased and output decreased, and the goal of reducing pesticide volume and increasing efficiency was also achieved
    .
    ? In recent years, the pesticide industry has undergone in-depth reforms and adjustments, and the economic situation is constantly refreshed
    .
    Sun Shubao, president of the China Pesticide Industry Association, said that in 2018, both the supply side and the demand side of the pesticide industry were under tremendous pressure
    .
    On the supply side, under the pressure of environmental safety, some companies were forced to suspend work and production, which tightened the supply of some pesticide technical materials, which in turn affected the global supply chain.
    On the demand side, the policy of reducing pesticide use continued to deepen, which was affected by Sino-US trade frictions.
    Due to exchange rate fluctuations and other influences, China's pesticide exports are restricted
    .
    Under the influence of multiple factors, the economic situation of the pesticide industry is still better than expected
    .
    In 2018, the output of pesticides was 2.
    083 million tons, a year-on-year decrease of 9.
    5%.
    The industry’s main business income was 232.
    373 billion yuan, a year-on-year increase of 12.
    9%; the total profit reached 22.
    704 billion yuan, a year-on-year increase of 37.
    9%, and industry concentration and profitability were further improved
    .
    The increase and decrease in sales and output have fulfilled the goal of reducing pesticide volume and increasing efficiency
    .
    ? The participating experts put forward expectations for the development of the pesticide industry
    .
    Yan Duanxiang, deputy director of the Pesticide Inspection Institute of the Ministry of Agriculture and Rural Affairs, said that the new "Pesticide Management Regulations" have been implemented for more than two years.
    The starting point of the new regulations is to improve the quality of China's pesticide products
    .
    Therefore, for enterprises, they must first improve the quality of their products to meet the agricultural production needs of China and the world to the greatest extent, secondly, ensure the safety of agricultural products and food, and finally reduce the harm of pesticides to the ecological environment
    .
    In addition, as a special product, the state must implement necessary administrative management methods for pesticides, which requires a three-pronged approach of law, administration, and market management to alleviate the difficulties faced by enterprises in the development of new products.

    .
    Zhu Fang, director of the Information and Marketing Department of the China Petroleum and Chemical Industry Federation, said that like the petrochemical industry, the high-quality development of pesticide companies must grasp several major trends, that is, technological innovation must break through the commanding heights, and the industrial structure must be at the high end of the industrial chain.
    Upward extension, the development method must focus on green chemistry, resource allocation must be optimized in the global market, and economic efficiency must be ahead of the international benchmarking
    .
    An Liru, Senior Vice President of Adama Co.
    , Ltd.
    , head of the China region, emphasized that in just two or three years, the world's six major agrochemical giants merged and reorganized to become the top four, and the industry business concentration has increased significantly and competition has become more intense
    .
    The current global agrochemical industry presents four major trends: the slow recovery of the global pesticide market; the gradual decline in the market share of R&D companies; the acceleration of the development and application of biotechnology; affected by the fluctuation of food and crude oil prices and environmental pressures, the demand for pesticides is sluggish and the supply is tightening
    .
    Enterprises should attach great importance to it
    .
    ? At the same time, the list of the top 100 sales companies in China's pesticide industry in 2019 and the list of top 50 formulation sales in China's pesticide industry in 2019 were released at the same time
    .
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