Top 20 in the world: China accounts for 12 Jiangsu 2 on the list The sales performance of the Chinese Legion has reached a new high

Since 2018, the top 20 companies in the global pesticide market have maintained their growth momentum, and 2021 performed particularly well
.
According to IHS Markit statistics, the sales performance of the global TOP20 in 2021 is popular across the board, and sales in US dollars have increased significantly, with growth rates ranging
from 6.
2%~125.
9%.
Among them, 12 Chinese companies entered the top 20, a record high, and their performance growth was quite outstanding
.

The 12 Chinese companies and their year-on-year sales growth rates (in US dollars) were: Syngenta (+18.
5%), ADAMA (+16.
3%), Yangnong Chemical (+28.
4%), Shandong Weifang Runfeng (+43.
1%), Zhejiang Xin'an Chemical (+34.
4%), Liben Crop Technology (+73.
0%), Hubei Xingfa (+84.
0%), Beijing Yingtaijiahe (+26.
0%), Leshan Fuhua Tongda (+125.
9%), Lier Chemical (+38.
2%), Hebang Biotechnology (+86.
7%), Nanjing Red Sun (+25.
3%)
.

Among the top 20 companies, the market position of the top 11 companies remained in line
with the previous year.
Among the following 9 companies, Leshan Fuhua Tongda and Hebang Biotechnology joined due to the huge increase in sales; Compared with the previous year, Nissan Chemical and Limin shares were temporarily out
.

In 2021, Bayer CropScience maintained its number one market position in the world, with sales of €12,228 million (US$14,472 million; converted at average annual exchange rates in 2021, the same below), up 8.
5% year-on-year (+12.
6%; In US dollars, the same below).

Its sales are derived from herbicides, fungicides, insecticides, non-crop products (Environmental Science business) and other products (mainly seed treatment agents, rapeseed and cotton seed business).

In 2021, Syngenta ranked second in the world, with sales of non-crop pesticides in the company's crop pesticides and specialty solutions business of $13.
211 billion, up 18.
5%
year-over-year.
The company achieved sales growth
in all product types and in all regions.
Syngenta is part of the Syngenta Group, which includes Syngenta Crop Protection, ADAMA, Syngenta Seeds, and Syngenta Group China
.
In 2021, Syngenta Group achieved sales of $28.
2 billion, a year-over-year growth rate
of 22.
6%.

BASF, the world's third-largest pesticide company, generated sales of €6,521 million (USD 7,718 million) in 2021, up 5.
8 percent (+9.
8 percent)
year-on-year.
The company grew across
all product types and in all geographic markets.

Codihua achieved pesticide sales of 7.
253 billion US dollars, a year-on-year increase of 12.
3%.

This was mainly due to a 6% increase in volumes, a 5% price increase and a positive impact
of 2% currency effects.

UPL (Union Phosphide India) maintained its fifth market position in the world, achieving sales of Rs.
441,700 crore (US$5,963 million) in 2019, up 19.
3 per cent (+19.
3 per cent) year-on-year, including a 10 per cent price increase, an 8 per cent volume increase and a favorable impact
of 1 per cent currency effects.

Formeri's pesticide sales were $5.
045 billion, up 8.
7%
year-on-year.
With the exception of Europe/Middle East/Africa, the company achieved sales growth
in all regions.
Among them, sales increased by 7%, and prices and exchange rates contributed 1% each
.

In 2021, ADAMA's pesticide sales were $4.
349 billion, up 16.
3%
year-on-year.
Sales of all of the company's products, including non-crop products and intermediates, were $4.
8 billion, up nearly 17%
year-over-year.
Among them, sales volume increased by 12% and selling prices increased by 4%.

Sumitomo Chemical's pesticide sales were 381.
271 billion yen (US$3.
474 billion), up 9.
2% year-on-year (+6.
2%), mainly due to strong market demand, new product launches, and positive currency effects
.
With the exception of Japan, the company increased
sales in all major regions.

Newfam's pesticide sales were A$2,777 million ($2,088 million), up 6.
6% (+16.
4%)
year-on-year.
Increased demand for the Company's pesticides and seed products in all markets drove the Company's growth
.

In 2021, Yangnong Chemical maintained its tenth market position in the world, with sales of 11.
710 billion yuan (US$1.
816 billion), a year-on-year increase of 20.
0% (+28.
4%)
.
Among the world's top ten companies, Yangnong Chemical has the highest
growth rate.

According to S&P Global Commodity Insights' analysis of the crop science market, Albaugh of the United States should have ranked 11th in pesticide sales of more than $1.
6 billion in 2021, but was not included in
the list because the company's data is not publicly available.

Among the companies ranked 10th~20th, all of them are Chinese except
for combinatorial chemicals.
Despite a year-on-year increase of 12.
3% in sales of Combined Chemical Yen, its ranking fell sharply, from 14th in 2020 to 19th in
2021.
At the same time, due to the huge increase in sales, Hubei Xingfa jumped from 18th place in 2020 to 14th place
in 2021.

Table 1 Pesticide sales of the world's top 20 companies in 2021 (2020).

Note: 1 Unless otherwise specified; 2 Based on average annual exchange rates for 2021 and 2020; 3 Includes undisclosed sales of canola and cotton seeds; 4 Includes sales of non-crop pesticides for environmental science; 5 Includes sales of specialty solutions for non-crop pesticides; 6 Year ended 31 March 2021/2022; 7 Year ended 30 September 2020/2021; 8 Year
ended 31 October 2020/2021.