China - Herbicides - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHerbicide Price in China - 2023
Contents:
- Herbicide Price in China (FOB) - 2023
- Herbicide Price in China (CIF) - 2022
- Herbicide Exports in China
- Herbicide Imports in China
Herbicide Price in China (FOB) - 2023
The average herbicide export price stood at $2,677 per ton in June 2023, falling by -13.3% against the previous month. In general, the export price saw a deep reduction. The growth pace was the most rapid in January 2023 an increase of 4.8% against the previous month. Over the period under review, the average export prices reached the peak figure at $5,095 per ton in July 2022; however, from August 2022 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Uruguay ($5,377 per ton), while the average price for exports to Cameroon ($1,564 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (-1.3%), while the prices for the other major destinations experienced a decline.
Herbicide Price in China (CIF) - 2022
The average herbicide import price stood at $10,472 per ton in 2022, rising by 48% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, herbicide import price increased by +62.6% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($35,426 per ton), while the price for Malaysia ($3,757 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Herbicide Exports in China
In 2022, the amount of herbicides exported from China stood at 1.6M tons, picking up by 10% compared with 2021. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 25%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, herbicide exports skyrocketed to $7.8B in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Herbicide in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 380 | 387 | 813 | 2,250 | 80.9% |
Australia | 140 | 356 | 548 | 715 | 72.2% |
United States | 113 | 135 | 373 | 565 | 71.0% |
Nigeria | 200 | 198 | 278 | 342 | 19.6% |
Thailand | 134 | 109 | 216 | 291 | 29.5% |
Indonesia | 101 | 132 | 201 | 230 | 31.6% |
Canada | 33.2 | 38.8 | 128 | 200 | 82.0% |
Russia | 78.0 | 85.4 | 126 | 188 | 34.1% |
South Africa | 57.2 | 67.6 | 123 | 176 | 45.4% |
Ghana | 93.1 | 112 | 131 | 150 | 17.2% |
Argentina | 115 | 113 | 98.8 | 144 | 7.8% |
Vietnam | 91.1 | 29.9 | 68.3 | 129 | 12.3% |
Cambodia | 37.1 | 48.9 | 75.4 | 115 | 45.8% |
Others | 1,192 | 1,312 | 1,752 | 2,324 | 24.9% |
Total | 2,764 | 3,124 | 4,932 | 7,818 | 41.4% |
Top Export Markets for Herbicide from China in 2022:
- Brazil (304.8K tons)
- Australia (165.4K tons)
- United States (115.2K tons)
- Nigeria (97.7K tons)
- Thailand (71.7K tons)
- Indonesia (65.6K tons)
- Argentina (42.9K tons)
- Ghana (40.9K tons)
- Canada (38.4K tons)
- South Africa (32.8K tons)
- Russia (32.0K tons)
- Vietnam (28.4K tons)
- Cambodia (28.2K tons)
Herbicide Imports in China
In 2022, the amount of herbicides imported into China contracted notably to 13K tons, falling by -23.9% compared with the year before. Overall, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports reached the peak of 18K tons, and then shrank markedly in the following year.
In value terms, herbicide imports reached $141M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 39% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
Import of Herbicide in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 11.6 | 5.8 | 22.6 | 39.6 | 50.6% |
Malaysia | 24.7 | 28.1 | 35.9 | 32.6 | 9.7% |
United States | 24.7 | 27.0 | 20.1 | 24.9 | 0.3% |
Germany | 15.6 | 9.3 | 22.2 | 17.9 | 4.7% |
France | 4.1 | 2.4 | 5.2 | 6.3 | 15.4% |
Hungary | 6.9 | 2.7 | 3.9 | 5.1 | -9.6% |
Australia | 9.6 | 3.7 | 0.2 | 3.0 | -32.1% |
India | 1.5 | 1.0 | 2.7 | 2.9 | 24.6% |
Others | 13.4 | 10.2 | 12.4 | 8.9 | -12.8% |
Total | 112 | 90.2 | 125 | 141 | 8.0% |
Top Suppliers of Herbicide to China in 2022:
- Malaysia (8.7K tons)
- Indonesia (1.5K tons)
- Germany (0.9K tons)
- United States (0.8K tons)
- Hungary (0.5K tons)
- India (0.4K tons)
- France (0.2K tons)
- Australia (0.1K tons)
This report provides an in-depth analysis of the herbicide market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20201220 - Herbicides based on phenoxy-phytohormone products, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201230 - Herbicides based on triazines, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201240 - Herbicides based on amides, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201250 - Herbicides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201260 - Herbicides based on dinitroanilines derivatives, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201270 - Herbicides based on urea, uracil and sulphonylurea, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201290 - Herbicides p.r.s. or as preparations/articles excluding based on phenoxy-phytohormones, triazines, amides, carbamates, d initroanaline derivatives, urea, uracil, sulphonylurea
- Prodcom 20201350 - Anti-sprouting products put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201370 - Plant-growth regulators put up in forms or packings for retail sale or as preparations or articles
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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