Insecticide Industry Trend in China

The market size of insecticide kept an uptrend all around the world in the past decade, owing to the use of seed-treating agent and planting of GM crops. In the global pesticide market, the sales value of insecticide reached USD 14 billion in 2011, up 15.5% YoY, and captured about 28% of the total sales value in 2013, thanking to the rising demand from soybean and cotton industries in Brazil. All these will be good news for China's insecticide industry for its large export volume.Though the whole Chinese pesticide industry witnessed a growth in 2013, insecticide industry suffered a decline by output because of the decreasing demand in China. In the next few years, affected by biological and physical control over pest, and the use of high effective insecticide, etc., the demand of insecticide in China will continue to decline to some extent. However, things may be different by various crops. For example, the demand of rice insecticide may increase because of more serious occurrence of pest and diseases. In this report, the current situation has been described and analyzed in detail in the following aspects: - Market situation of global insecticide industry (including market size, market distribution, consumption structure and product structure) - Production situation in China （including output, output value and geographical distribution of production） - Consumption situation in China (including domestic demand, import and export） - Product structure - Industry trend analysis