China's rocketing crop protection industry: Opportunities and challenges coexist

 

Rapidly growing pesticide industry

 

China's pesticide industry has been developing quickly in recent years. Over the past decade, China's pesticide output has almost doubled, with pesticide varieties multiplied.


 

China's domestic demand for pesticide are being pushed up by several factors, such as the cancellation of agricultural land tax since 2006, the sustaining growth of farmer's average income, and rural labour's flow from farmland into urban areas.


 

With the adjustment of crop planting structure and prohibition of pesticides with high toxicity and low efficiency, China's pesticide industry will witness structural adjustment in the future years. Pesticides with high efficiency, good safety and reasonable price will show their tremendous potential in the market. It is forecasted about RMB 10 billion market left for new pesticides in the coming several years.


 

In export, China's pesticide has maintained a growth trend in general. Though the most varieties China has been exporting so far are pesticides with patent expired, new pesticides with China's own intellectual properties are gradually entering the global market.


 

 

Challenges

 

The booming pesticide industry in China also faces many challenges. For instance, China is gradually losing the predominance in producing products with good quality and low price, for the rise in labour cost, production cost and environmental protection cost, and RMB appreciation etc. Actually, other Asian countries like India are replacing China to become the world's manufacturing centers.


 

Besides, most Chinese enterprises can only produce the products of which the patents have expired overseas, since the expenditure is not high enough in R&D of new product. Chinese enterprises fall far behind the western developed countries in product variety and innovation.


 

In China's pesticide industry challenges and opportunities coexist, and it is essential to understand the latest market information, advanced technology, and progress in China's regulations on crop protection. CCM International now brings you to the Future of Crop Protection China to meet your need.



 

Events Organizer:

CCM International Ltd
CCM International Ltd extends the activities of Guangzhou CCM to consulting in the areas of technology transfer as well as news, events and publications. CCM International works in crop protection, chemicals, biotechnologies, food ingredients, pharmaceuticals, dyestuffs & pigments, flavors & fragrances, natural resources & extracts, packaging and materials based industries in the Asia-Pacific Rim

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