China's Top 100 Pesticide Companies in 2013

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CCPIAIn 2013 China produced 3.19 million tons of pesticide, continuing the impressive growth the industry has witnessed over the last five years. Import volumes have also grown over the past 5 years, which have diluted profit margins for domestic interests and greatly increased competition. (See ChemLinked News Release on 13 May 2014.

Domestic interests can take some solace in the fact that the increase in exportation has heavily outweighed importation. In the early 21th century, China mainly exported glyphosate and paraquat to the overseas market, but China become the major exporter of new generics and out of some profitable generic active ingredient, which includes azoxystrobin, kresoxim-methyl, mesotrione and glufosinate, etc.

Driven by favorable exportation importation ratios, the industry has seen growth and significant increase in both revenue and investment.

Major Economic indicator of Chinese Pesticide Industry in FY2013

Category

Assets(billion CNY)

Change (%)

Income(billion CNY)

Change (%)

Profit(billion CNY)

Change (%)

Chemical Pesticide

176.22

17.3

252.24

18.7

20.74

32.8

Biopesticide

15.22

12.6

28.72

22.3

20.74

13.7

Total

191.44

16.9

281.26

19.1

22.92

30.8

Fixed Asset Investment in FY2013

Category

Planned (billion CNY)

Change (%)

Achieved (billion CNY)

Change (%)

Number of Projects

Change (%)

Chemical Pesticide

46.12

13.0

26.41

27.3

348

6.4

Biopesticide

35.54

19.9

13.91

-1.5

165

-12.2

Total

81.67

15.9

40.32

15.6

513

-0.4

Most of the investments are in novel product R&D, environmental facilities and automated production facilities Total investment in the pesticide industry has increased by 15.6%, compared to 2012’s 7.6% increase.

CCPIA’s Top 100 list of Chinese Pesticide Enterprise in FY2013

Rk.

Province

Company

Revenue(million CYN)

Rk.

Province

Company

Revenue

(million CYN)

1

Zhejiang

Zhejiang Wynca Chemical Industrial Croup Co. Ltd.

3554

50

Shandong

Shandong A&fine Agrochemicals Co.,Ltd.

650

2

Zhejiang

Zhejiang Jinfanda Biochemical Co.,Ltd.

3540

52

Zhejiang

Zhejiang Xinnong Chemical Co.,Ltd.

645

3

Beijing

Nutrichem

3530

53

Sichuan

Sichuan Beier Chemical Group Co.,Ltd.

642

4

Sichuan

Sichuan Leshan Fuhua Tongda Agrochemical Technology Co.,Ltd.

3033

54

Jiangsu

Jiangsu Flag Crop Protection Co.,Ltd.

640

5

Jiangsu

Jiangsu Yangnong Chemical Group Co.,Ltd.

3005

55

Shandong

Shandong Kesai Jinong Chemical Co.,Ltd.

626

6

Jiangsu

Nanjing Red Sun Co.,Ltd.

2985

56

Zhejiang

Zhejiang Jiahua Group Co.,Ltd.

622

7

Hubei

Hubei Sanonda Co.,Ltd.

2874

57

Zhejiang

Zhejiang Heben Pesticide & Chemicals Co.,Ltd.

613

8

Shandong

Shandong Weifang Rainbow Chemical Co.,Ltd.

2772

58

Sichuan

Sichuan Guoguang Agrochemical Co.,Ltd.

602

9

Shandong

Shandong Binnong Technology Co.,Ltd.

2358

59

Guangdong

Guangdong Zhongxun Nongke Co.,Ltd.

595

10

Jiangsu

Jiangsu Lianhua Technology Co.,Ltd.

2216

60

Jiangxi

Jiangxi Tianren Ecological Co.,ltd.

591

11

Jiangsu

Jiangsu Nantong Jiangshan Pesticide & Chemical Co.,Ltd.

2173

61

Guangxi

Guangxi Yiduoshou Bio-technology Co.,Ltd.

589

12

Jiangsu

Jiangsu Huifeng Agrochemical Co.,Ltd.

2067

62

Hebei

Shijiazhuang Xingbai Bioengineering Co.,Ltd.

574

13

Jiangsu

Jiangsu Changlong Agrochemical Co.,Ltd.

2048

63

Jiangsu

Jiangyin Suli Chemical Co.,Ltd.

563

14

Zhejiang

Bayer CropScience(Beijing)

1768

64

Zhejiang

Jingma Chemical Co.,Ltd.

557

15

Guangdong

Shenzhen Noposion Agrochemicals Co.,Ltd.

1727

65

Shanghai

Shanghai DuPont Agrochemical Co.,Ltd.

547

16

Shanghai

Sinochem Agrochemical Co.,Ltd.

1609

66

Jiangsu

Jiangsu Yangnong Chemical Co.,Ltd.

535

17

Jiangsu

Jiangsu Good Harvest-Weien Agrochemical Co.,Ltd.

1605

67

Anhui

Anhui Fengle Agrochemical Co.,Ltd.

530

18

Jiangsu

Jiangsu Changqing Agrochemical Co.,Ltd.

1559

68

Hebei

Lianbao Crop Technology Co.,Ltd.

526

19

Shandong

Shandong Luba Chemical Co.,Ltd.

1510

69

Jiangsu

Jiangsu Tuoqiu Agrochemicals Co.,Ltd.

507

20

Sichuan

Lier Chemical Co.,Ltd.

1389

70

Beijing

Beijing Yoloo Pesticide Co.,Ltd.

469

21

Shandong

Shandong Qiaochang Chemical Co.,Ltd.

1316

71

Jiangsu

Jiangsu Suzhou FMC Plant Protection Agent Co.,Ltd.(FMC suzhou)

453

22

Jiangsu

Jiangsu Tianrong Group Co.,Ltd.

1266

72

Jiangsu

Jiangsu Fengdeng Pesticide Co.,Ltd.

445

23

Jiangsu

Jiangsu Sevencontinent Green Chemical Co.,Ltd.

1240

73

Jiangxi

Jiangxi Zhengbang Bio-Chemical Co.,Ltd.

441

24

Jiangsu

Jiangsu Fengshan Group Co.,Ltd.

1201

74

Shandong

Shandong Zibo NAB Pesticide & Chemical Co.,Ltd.

433

25

Zhejiang

Yongnong BioSciences Co.,Ltd.

1135

75

Jiangsu

Jiangsu Baoling chemical Co.,Ltd.

430

26

Jiangsu

Jiangsu Rotam Chemical Co.,Ltd.

1092

76

Shandong

Shandong Greenfeild Pesticide Co.,Ltd.

424

27

Jiangsu

Jiangsu Kesheng Group Co.,Ltd.

1086

77

Hebei

Hebei Shuangji Chemical Co.,Ltd.

412

28

Zhejiang

Zhejiang Zhongshan Chemical Industry Group Co.,Ltd.

1075

78

Hebei

Xuchang Dongfang Chemical Co.,Ltd.

401

29

Jiangsu

Syngenta (Suzhou) Crop Protection Co.,Ltd.

1025

79

Zhejiang

Zhejiang Ningbo Sinochem Chemical Product Co.,Ltd.

395

30

Jiangsu

Zhejiang Shenghua Biok Biology Co.,Ltd.

1019

79

Zhejiang

Hangzhou Udragon Chemical Co.,Ltd.

395

31

Guangxi

Guangxi Tianyuan Bio-Chemical Co.,Ltd.

1017

81

Hebei

Henan Yingtai Agrochemical Co.,Ltd.

390

32

Shandong

Shandong Vicome Greenland Chemical Co.,Ltd.

973

82

Jiangsu

Jiangsu Luye Agrochemical Co.,Ltd.

384

33

Jiangsu

Shanghai CAC Group

968

83

Jiangsu

Jiangsu Jialong Chemicals Co.,Ltd.

375

34

Shandong

Shandong Sino-agri Union Chemical Co.,Ltd.

967

84

Hebei

Haoyang Chemical Industry Co.,Ltd.

373

35

Anhui

Anhui Guangxin Agrochemical Co.,Ltd.

917

85

Zhejiang

Rosi Chemical Co.,Ltd.

369

36

Shandong

Shandong Qingdao Hansheng Biotechnology Co.,Ltd.

905

86

Anhui

Anhui Jiuyi Agriculture Development Co.,Ltd.

366

37

Hunan

Hunan Haili Chemical Industry Co.,Ltd.

902

87

Shaanxi

Shaanxi Shanggezhilu BioScience Co.,Ltd.

363

38

Jiangsu

Jiangsu Sword Agrochemicals Co.,Ltd.

857

88

Liaoning

Dalian Ruize Pesticide Co.,Ltd.

361

39

Jiangsu

Syngenta (Nantong) Crop Protection Co.,Ltd.

820

89

Hunan

Hunan Gofar Fine Chemical Industry Tech Co.,Ltd.

351

40

Jiangsu

Jiangsu Agrochem Laboratory Co.,Ltd.

814

89

Zhejiang

Zhejiang Weierda Chemical Co.,Ltd.

351

41

Shandong

Hailir Pesticides & Chemicals Group Co.,Ltd.

806

91

Hebei

Hebei Sannong Agrochemical Co.,Ltd.

343

42

Anhui

Anhui Huaxing Chemical Industry Co.,Ltd.

771

92

Sichuan

Sichuan Lifeng Chemical Co.,Ltd.

340

43

Shandong

Jingbo Agrochemicals Technology Co.,Ltd.

764

93

Chongqing

Chongqing Shurong Chemical Co.,Ltd.

333

43

Shandong

Shandong Cynda Chemical Co.,Ltd.

764

94

Jiangsu

Jiangsu Anpon Electrochemical Co.,Ltd.

329

45

Zhejiang

Zhejiang Shenghua Biok Biology Co.,Ltd.

722

95

Hebei

Hengshui Northern Pesticide & Chemical Co.,Ltd.

325

46

Shandong

Shandong Huayang Pesticide Co.,Ltd.

708

96

Guangxi

Guangxi Antai Chemical Co.,Ltd.

320

47

Hubei

Hubei Xianlong Chemical Industry Co.,Ltd.

705

97

Zhejiang

Yifan Biotechnology Group Co.,Ltd.

318

48

Hebei

Hebei Veyong Bio-Chemical Co.,Ltd.

677

98

Jiangsu

Jiangsu Jiangu Chem Co.,Ltd.

316

49

Jiangsu

Limin Chemical Co.,Ltd.

666

99

Shaanxi

Shaanxi Hentian Chemical Co.,Ltd.

310

50

Inner Mongolia

Qilu Pharmaceutical(Neimenggu) Co.,Ltd.

650

100

Jilin

Jilin Bada Pesticide Co.,Ltd.

297

It is clear from the above data that larger companies perform considerably better than SMEs indicating that the government’s natural selection by regulation  industry reforms are starting to show(See Agro Analysis on 8 Jul 2014). From a geographical point of view, Jiangsu, Shandong and Zhejiang were still the highest performing regions for the pesticide industry with companies from these three provinces accounting for over 68% of total sales. An interesting trend is shown in sales figures of companies from central and western regions in China which jumped by 25.1%, indicating that the industry is shifting to less developed areas.

Glyphosate Focus:

As the largest pesticide exporting country in the world, over one third of the pesticide exported out of China was glyphosate and the highest performers in the Top 100 companies were glyphosate producers. The three largest producers, Wynca, Jinfanda and Fuhua Tongda each ranked the first, second and fourth places of the Top 100 list. The growth of Jinfanda and Fuhua Tongda even exceed 60%. Four of the Top 5 companies have product capacities in excess of over 30, 000 tons per year. The volume and value of glyphosate export have grown by 55% and 49% respectively and over 85% of the herbicide was export to North America and Latin America.

Nevertheless, glyphosate is not the only sector whose rise and decline are at the mercy of global demand. Increased exportation throughout the pesticide sector has made global market forces hugely important for the Chinese industry as a whole. Zhang Yibin, Professor of the Shanghai Pesticide Research Institute, summarized the possible benefits and impacts brought about by increased trade and influence of overseas markets and MNCs during an industrial conference held by CCPIA.As the fifth largest pesticide market in the world, China enjoyed an average growth of 10% over the past five years.

Chinese_Pesticide_Companies

Photo taken by ChemLinked reporter Fang Lin on 6 May 2014.

 

Market Percentage of Crops

Global

China

Crop

%

Crop

%

Fruits &Vegetables

24.4

Rice

26.58

Cereals

17.7

Fruits &Vegetables

25.28

Soybean

12.1

Cereals

12.84

Maize

11.3

Maize

10.41

Rice

10.5

Cotton

9.41

Cotton

5.7

Soybean

5.07

Rape Seed

3.6

Rape Seed

4.34

Sugar Cane

2.9

Sugar Cane

1.39

Sugar Beet

1.8

Sunflower

0.17

Sunflower

1.2

Others

4.46

Others

8.8

The data of China is sourced from NATESC

Market Percentage of Three Major Product Category

Global(by value)

China(by Production Volume)

Product Category

%

Product Category

%

Herbicide

45

Herbicide

68.70

Insecticide

27

Insecticide

23.43

Fungicide

27

Fungicide

7.76

Over 80% of the global market is dominated by MNCs. China has become the largest pesticide producer and exporter in the world and the influence of these MNCs has a profound impacts on China’s crop protection market and pesticide industry.

Imported active ingredients introduced by the MNCs to the Chinese market have promoted diversification and update of China’s domestic industry. For example, China’s is the largest supplier of glyphosate and a major exporter of other generics such as paraquat, imidacloprid and chlorpyrifos, etc. Meanwhile, the patent or newly patent-off pesticides introduced by the MNCs have enriched the solution of Chinese growers:

Volume, Value, Patent Status of the Top 12 Imported and Exported Active Ingredients in China

Import

Export

Active Ingredient

Volume(tons)

Value(million USD)

Patent Expiry

Active Ingredient

Volume(000 tons)

Value(million USD)

chlorantraniliprole

588

39.3

2022.8

glyphosate

601.97

2,367.03

penoxsulam

1,729

28.91

2016.9

paraquat

162.014

449.25

tebuconazole

87

31.34

2000.5

imidacloprid

24.141

377.57

pyraclostrobin

1,509

30.36

2014.7

atrazine

50.933

195.48

mancozeb

4,949

24

-

acephate

30.717

158.36

thiamethoxam

530

21.43

2013.7

chlorpyrifos

30.424

157

methalaxyl-M

1,295

21.23

2011.6

methomyl

15.492

155.99

trifloxystrobin

298

20.78

2006.6

fipronil

2.864

123

fludioxonil

681

16.99

2002.6

carbendazim

26.304

113.69

difenoconazole

715

16.4

2002.5

2,4-D

36.525

108.39

cypermethrin

1,644

16.07

2002.5(cis-isomer)

Lambda-cyhalothrin

14.742

105.18

azoxystrobin

554

14.48

2010.1

tebuconazole

10.744

105.05

MNCs of these active ingredients not only import/export Chinese pesticides, but also establish subsidiaries or contract manufacturers in China bringing with them new concepts and technologies. The GLP management on labs and environmental awareness would likely be far less developed without the influence of these MNC’s. The business activities of these MNCs have also had negative impact on the Chinese pesticide industry. Of the approximately 600 active ingredients in widespread global distribution, about 300 of them are in widespread use in China, of which 90% were developed by MNCs. If calculated by value, the percentage would be 95%. In fact, China developed only 30 new active ingredients ( see ChemLinked News Release on 25 Feb 2014), which accounted for 10% of the active ingredients utilized in China. But the total market share of these active ingredients is less than 5% and none of them has ever been exported to overseas markets by a Chinese company. The active ingredients introduced by the MNCS has somewhat inhibited the commercialization of the new pesticides developed by Chinese industry and thus has hindered innovation on a domestic front. 

For more information about the active ingredients and formulation regstered in China and the manufacturing approval/license of Chinese producers, Please click here to explore our CPAD database.

Though China’s pesticide exportation statistics were robust, it should realize its disadvantaged position in the global supply chain. Most of China’s exportations were technical materials or important intermediates of some patented pesticide. Most of these chemicals generate heavy pollution during the production process. Most importations are proprietary formulations and patent pesticides. In fact on a unit per unit comparison the market value of exports in on average three times cheaper than imported pesticides. 

Average Import and Export Prices of China’s Pesticide(2009-2013)

Year

Import Price(USD/ton)

Export Price(USD/ton)

Ratio(import/export)

2009

7534

2795

2.70

2010

8284

2890

7.87

2011

9004

3036

2.68

2012

8592

3187

2.70

2013

9081

3419

2.66

MNCs demand for product precursors is not always a positive thing for the Chinese pesticide industry and can often negatively affect China’s domestic industry. When MNC precursor demand increases it often stimulates Chinese producers to increase production capacity which often leads to overcapacity ultimately leading to devalued product. The best example of this was seen in the glyphosate industry. The closer a patent active ingredient gets to the expiry, many Chinese producers apply for pesticide registration and production licenses, etc. (see ChemLinked News Release on 9 Apr 2013).

Encouragingly, some Chinese producers are seeking to address the trade imbalance by rationalizing their product line. The exportation of pesticide formulation has seen significant grown since 2011 and the value accounted for about 40% of the total exports in 2013. Professor Zhang forecasts that “Double- digit growth of formulation exportation is expected in 2014!” 

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