Thursday, January 9, 2014

The global agrochemical industry recession in 2014

According to statistics, in 2013, the global agrochemical products sales rose 10.1% from a year (to dealer standard meter), to $59.16 billion.The increase of exchange rate changes on market share has played a significant role (in addition to the euro, the yuan and the Australian dollar, the dollar last year for the majority of the currencies in the world are rising).Most of the agrochemical market benefited from glyphosate rise in prices, especially in the americas and Asia.
    
In 2013, the global crop pesticide sales rose 1.9% year-on-year, to $6.495 billion, the crop protection market share has increased 11.2%, to $52.665 billion.In real terms, the inflation and currency factors into account, the crop protection market sales increased by 9%, compared to the same extent as in 2012.
    
For a long time, Europe is the world's biggest agrochemical products in the market, in 2013, the region has completed beyond, at the same time, it becomes important to the growth of the global agrochemical market pull factors.
    
Most of Asia market is better than in 2012, sales increased 1.3% (14.6%).The growth of the agrochemical market mainly pulled by countries such as China, Indonesia and India.
    
Outlook, according to Phillips McDougall predicted that in 2014 the global agrochemical industry or worse than in 2013.Crop harvest in 2013 (especially), led by corn and soybeans, and crop prices or will decline.Cotton and rice prices are falling, wheat and rape is slightly better than other major crops, in the European market release a positive signal.Farm economy is now in the global positive, but the short-term outlook is unclear.

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