The market decline in H1 was slightly offset by a rebound in H2;
The exportation of pesticide formulations is orientated around a few destinations;
The number of destinations sourcing 100 million USD or more from China has decreased from 22 in 2015 to 12 in 2016 and the total value of purchases from these destinations dropped from 5.18 billion USD in 2015 to 3.298 billion USD in 2016;
By the end of 2016, Chinese pesticide exportation totaled 1,373,452.93 million tons, amounting to some 5.6 billion USD, representing consecutive year-over-year declines of 9.08% and 22.88% respectively. During the first half of the year, the volume and value fell a further 21.8% and 33% compared with the same period a year earlier. Overall the market decline in H1 was slightly offset by a rebound in H2.
Fig 1.China Pesticide Exportaion-volume and value of techinical and formulations from 2011-2016
The value of exports has been enhanced by exportation of more formulated products than technical materials and the percentage of formulations has grown from 53.58% in 2011 to 64.07% in 2016. Another aspect to note is that purchases were clustered around a few key trade partners. The value percentage of formulated product imported by the top 10 export destinations saw a 7% increase over the last 3 years, indicating that Chinese producers are oriented toward several lucrative markets.
Fig 2.China Pesticide Exportation-value percentage of techinal and formulations sourced by top 10 destinations formulations(2014-2016)
Of all the 160 destination countries/regions worldwide, the top 30 destinations sourced over 80% of the pesticide. Asia sourced 45.293 tons or 1.74 billion USD of pesticides from China, followed by Latin America, Africa, North America, Europe and Australasia. The percentage of each continent varied little in both volume and value terms compared with the same period last year.
Fig.3 China Pesticide Exportation-Volume and Value Percentages of Pesticide Imported by Regions 2015vs2016
The top 14 Asian destination countries sourced 28.1% of the pesticides: India, Vietnam, Indonesia, Thailand, Pakistan, Japan, Malaysia, Israel, Turkey, Singapore, Iran, Korea, Philippine and Bangladesh;
The major destinations in Latin America were: Brazil, Argentina, Columbia, Uruguay and Paraguay, accounting for 20% of the exportation;
In North America, the United States and Mexico represented 14% of the exportation;
In Europe, Russia, Belgium, Ukraine and Italy accounted for 6.9% of the exportation;
Australia accounted for 6.7% of Chinese pesticide exports;
The number of destinations who sourced 100 million USD has decreased from 22 in 2015 to 12 in 2016 and the total value of these destination has dropped from 5.18 billion USD in 2015 to 3.298 billion USD in 2016. The top 10 destination sourced 3.09 billion USD pesticide from China, accounting for 55.1% of China’s total export. United Stated sourced 109 tons or 715 million USD of pesticide from China and the top 10 pesticides amounted to 63 tons and 344 million USD, accounting for 57.7% and 48.2% of the exportation to the United State. The top 10 pesticides sourced by Brazil accounted for 79% and 65% of the exportation to the countries. China exported over 400 active ingredients to the rest of the world and glyphosate accounted for 34.7% of the volume and 17.7% of the value, followed by paraquat, imidacloprid, chlorothalonil, atrazine, chlorpyrifos, sulfentrazone, clethodim, carbendazim and acephate.
Fig4.China Pesticide Exportation-Top Sourced Pesticides in the Top 10 Export Destinations
Fig.5 -China Pesticide Exportation-Top 10 Exported Destinations of the Top 10 Exported Pesticides
