echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Agriculture News > Pesticide News > Analysis of the market size and development trend of my country's pesticide industry in 2020

    Analysis of the market size and development trend of my country's pesticide industry in 2020

    • Last Update: 2022-02-19
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    China's pesticide industry revenue enters a low-speed growth stage.
    From the perspective of the economic operation of the pesticide industry, China's pesticide industry revenue and profits have bid farewell to the high-speed growth period (double-digit growth), and are currently entering a low-speed growth stage
    .
    Although the fundamentals of the industry have stabilized to a certain extent and the liquidity of the industry has been greatly improved at this stage, the increase in profitability is still showing stagflation.
    Affected by many factors such as supply-side reforms, environmental protection inspections, and RMB depreciation, supply-side prices have risen , But the demand side appears to be very calm, and we must be alert to the deterioration of demand for some time in the future
    .
    According to the National Bureau of Statistics, in 2019, the main business income of 719 enterprises above designated size in the pesticide industry across the country was 214.
    643 billion yuan, a year-on-year increase of 4.
    8%.
    Among them, the main business income of 586 above-scale chemical raw drug manufacturers was 179.
    03 billion yuan, a year-on-year increase.
    4.
    3%; 133 above-scale biochemical pesticide and microbial pesticide manufacturing enterprises have their main business income of 25.
    68 billion yuan, a year-on-year increase of 8.
    4%
    .
    China's agricultural industry profits continue to grow but the growth rate has narrowed.
    From the perspective of corporate profits, the profits of enterprises above designated size in the pesticide industry across the country have continued to grow.
    However, due to the multiple factors of the external environment and industrial policies, the production costs of enterprises have increased, and the increase in product prices has been limited.
    The growth rate of total profits of enterprises above designated size has narrowed
    .
    According to data from the National Bureau of Statistics, in 2019, the total profit of 719 enterprises above designated size in the pesticide industry across the country reached 19.
    78 billion yuan, a year-on-year decrease of 0.
    2%.
    Among them, the total profit of chemical crude drugs fell by 4.
    2% year-on-year, and biochemical pesticides and microbial pesticides increased by 26.
    8 year-on-year.
    %
    .
    The total profit in 2019 was 19.
    78 billion yuan, a year-on-year increase of 0.
    2%
    .
    From the perspective of the average profit performance of enterprises, the average profit in 2019 was 27,510,400 yuan, a year-on-year decrease of 6.
    6%, and a year-on-year decrease for two consecutive years
    .
    According to the data of the National Bureau of Statistics, the assets of 721 enterprises above designated size in the pesticide industry in China totaled 276.
    404 billion yuan in 2018, a year-on-year increase of 11.
    1%; in 2019, there were 719 enterprises above designated size in the national pesticide industry.
    The total assets of the company are 266.
    052 billion yuan, of which the number of chemical raw drug manufacturers is 586, and the asset scale is 236.
    605 billion yuan, an increase of 4.
    7% year-on-year; the asset scale of biochemical pesticide and microbial pesticide manufacturing is 29.
    447 billion yuan, an increase of 13% year-on-year.
    Faster
    .
    The overall price of pesticides in China is on a downward trend.
    From 2017 to 2020, the price index of Zhongnong Lihua Technical Materials is on a downward trend
    .
    In 2019, the price index of technical materials experienced a deep correction, mainly due to the sharp decline in the prices of bulk-weighted herbicides and pesticides.
    The downward trend is obvious.
    Most products are unavoidable.
    The year-on-year decline in varieties has expanded to 63%, and the month-on-month decline is also Gradually increase
    .
    At present, domestic enterprises are in the new cycle of production and stocking, and the demand for rigid demand and safety stock is superimposed
    .
    Transaction volume is steadily increasing, and the industry is actively purchasing .
    Under the new cycle, with the gradual launch of the peak season of the agrochemical terminal market, the cost transmission of all links in the industrial chain will be smoother
    .
    As of December 20, 2020, Zhongnong Lihua technical price index reported 98.
    88 points, up 4.
    46% month-on-month, and more varieties increased month-on-month
    .
    Note: The base period index is 100.
    00 points on July 1, 2014
    .
    According to monitoring data from the China Pesticide Industry Association, China's pesticide price index fell in volatility in 2019, showing a pattern of opening higher and lowering lower as a whole
    .
    From the highest point of 102.
    69 at the beginning of January, it gradually fell to the lowest point of 92.
    44 at the end of December, down 9.
    98% and 11.
    23% year-on-year, reflecting the continued decline of China's pesticide price index
    .
    Among them, the herbicide price index in December was 70.
    31, a year-on-year decrease of 20.
    51%, and a decrease of 16.
    60% from January; the price index of pesticides was 118.
    29, a year-on-year decrease of 8.
    48%, and a decrease of 9.
    42% from January; the price index of fungicides was 139.
    86, a year-on-year increase of 12.
    98 %, up 8.
    58% from January
    .
    Entering 2020, the new crown epidemic has restricted the start of work in the first quarter, and the operation of the supply chain has been blocked, which has a considerable impact on the normal production and operation of the pesticide industry
    .
    From the perspective of index performance, due to the continued downturn in global market demand, the pesticide price index in 2020 will continue to decline on the basis of continuing the low and steady trend of the previous year, and the overall level will be below 90.
    0
    .
    Note: The China Pesticide Price Index (CAPI) is calculated based on the weighted average price in February 2013; CAPI is based on the ex-factory price of the company's actual order production, which is different from the market quotation
    .
    For more data, please refer to the "Market Demand Forecast and Investment Strategic Planning Analysis Report of China's Pesticide Industry" by Qianzhan Industry Research Institute.
    At the same time, Qianzhan Industry Research Institute provides industrial big data, industrial planning, industrial declaration, industrial park planning, industrial investment promotion, and IPO.
    Invest in solutions such as feasibility studies
    .
    (Source: Forward-looking Economist)
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.