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    Home > Agriculture News > Pesticide News > The global pesticide industry gradually gets rid of the bottom industry will usher in an inflection point

    The global pesticide industry gradually gets rid of the bottom industry will usher in an inflection point

    • Last Update: 2022-03-04
    • Source: Internet
    • Author: User
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    In 2017, the pesticide industry is likely to recover and rise
    .
    First, the prices of agricultural products on the demand side and the global food price index have shown signs of bottoming out, and the destocking phase of the international agrochemical giants has basically ended, entering a new round of restocking cycle
    .
    On the supply side, as the domestic high-pressure environmental protection situation continues, the industry's competitive landscape is expected to further improve
    .
    On the cost side, with the short-term correction of international oil prices, the price increase of basic chemical products will be eased, which is conducive to the shift of profits in the industrial chain to the original drug manufacturers
    .
    Therefore, there is a high probability that the pesticide industry will recover in 2017, and related thematic investments will fully benefit
    .
    Pesticides are important chemicals to ensure global food security
    .
    The continuous growth of the world's population has led to an increasing demand for food.
    Due to frequent extreme weather, reduction of arable land and the occupation of agricultural resources by biofuels, the global per capita food occupation is gradually decreasing, and the trend of food shortage is becoming more and more obvious
    .
    Affected by the shortage of food and the reduction of arable land, increasing food production per unit area of ​​arable land is an important way to increase global food production and ensure food security.
    Pesticides have played a prominent role in maintaining and increasing crop production
    .
    The pesticide industry has bottomed out in 2015-2016
    .
    The world's six major pesticide giants have joined forces to keep warm.
    Dow Chemical and DuPont, Bayer and Monsanto, Syngenta and ChemChina have been carrying out or preparing to merge
    .
    In 2015, global sales of crop protection pesticides were US$51.
    835 billion, a year-on-year decrease of 8.
    5%
    .
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