China - Insecticides - Market Analysis, Forecast, Size, Trends and Insights
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View PricingInsecticide Price in China - 2023
Contents:
- Insecticide Price in China (FOB) - 2023
- Insecticide Price in China (CIF) - 2023
- Insecticide Exports in China
- Insecticide Imports in China
Insecticide Price in China (FOB) - 2023
In June 2023, the average insecticide export price amounted to $3,782 per ton, reducing by -5.1% against the previous month. In general, the export price recorded a perceptible curtailment. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 13% month-to-month. The export price peaked at $5,472 per ton in August 2022; however, from September 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($6,902 per ton), while the average price for exports to Myanmar ($873 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 the Philippines (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.
Insecticide Price in China (CIF) - 2023
In June 2023, the average insecticide import price amounted to $25,142 per ton, surging by 34% against the previous month. In general, the import price, however, showed a mild descent. The pace of growth appeared the most rapid in November 2022 an increase of 66% m-o-m. The import price peaked at $39,127 per ton in February 2023; however, from March 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($47,468 per ton), while the price for Belgium ($10,030 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Insecticide Exports in China
Insecticide exports from China stood at 387K tons in 2022, surging by 1.6% compared with 2021 figures. The total export volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 21%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, insecticide exports skyrocketed to $2B in 2022. The total export value increased at an average annual rate of +12.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Insecticide in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 144 | 162 | 200 | 375 | 37.6% |
Thailand | 67.0 | 75.4 | 122 | 101 | 14.7% |
Bangladesh | 41.4 | 56.7 | 79.5 | 87.8 | 28.5% |
Vietnam | 78.4 | 65.3 | 78.6 | 78.7 | 0.1% |
Indonesia | 53.8 | 71.1 | 68.0 | 76.3 | 12.4% |
Nigeria | 55.8 | 49.4 | 56.4 | 52.3 | -2.1% |
Philippines | 37.0 | 35.4 | 52.5 | 50.2 | 10.7% |
Myanmar | 4.4 | 33.4 | 29.9 | 49.7 | 124.4% |
Pakistan | 44.5 | 50.4 | 34.4 | 46.3 | 1.3% |
Peru | 40.9 | 48.2 | 52.2 | 45.9 | 3.9% |
Cambodia | 17.4 | 24.2 | 40.0 | 39.8 | 31.8% |
Ghana | 41.0 | 49.2 | 45.3 | 33.5 | -6.5% |
Togo | 7.7 | 6.3 | 9.0 | 11.9 | 15.6% |
Others | 746 | 815 | 850 | 932 | 7.7% |
Total | 1,380 | 1,542 | 1,716 | 1,980 | 12.8% |
Top Export Markets for Insecticide from China in 2022:
- Brazil (37.8K tons)
- Thailand (26.3K tons)
- Myanmar (20.5K tons)
- Philippines (17.5K tons)
- Vietnam (17.2K tons)
- Cambodia (15.9K tons)
- Indonesia (14.9K tons)
- Ghana (14.2K tons)
- Nigeria (13.7K tons)
- Bangladesh (13.2K tons)
- Pakistan (8.3K tons)
- Peru (8.0K tons)
- Togo (7.3K tons)
Insecticide Imports in China
In 2022, supplies from abroad of insecticides decreased by -26% to 8.3K tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2020 when imports increased by 8.7% against the previous year. As a result, imports reached the peak of 12K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, insecticide imports skyrocketed to $247M in 2022. The total import value increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 21%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
Import of Insecticide in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 6.5 | 8.7 | 9.4 | 55.5 | 104.4% |
Singapore | 43.1 | 47.0 | 47.4 | 46.9 | 2.9% |
United States | 49.7 | 51.1 | 69.5 | 45.5 | -2.9% |
South Korea | 21.3 | 18.3 | 31.1 | 24.1 | 4.2% |
France | 30.7 | 60.5 | 18.8 | 22.5 | -9.8% |
Japan | 10.4 | 10.5 | 14.0 | 22.2 | 28.8% |
Vietnam | 0.6 | 0.6 | 4.2 | 2.8 | 67.1% |
Others | 9.4 | 11.2 | 12.1 | 27.0 | 42.1% |
Total | 172 | 208 | 207 | 247 | 12.8% |
Top Suppliers of Insecticide to China in 2022:
- South Korea (2.5K tons)
- Indonesia (1.3K tons)
- United States (1.0K tons)
- Japan (0.9K tons)
- France (0.8K tons)
- Singapore (0.6K tons)
- Vietnam (0.3K tons)
This report provides an in-depth analysis of the insecticide 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 20201130 - Insecticides based on chlorinated hydrocarbons, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201140 - Insecticides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201150 - Insecticides based on organophosphorus products, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201160 - Insecticides based on pyrethroids, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201190 - Other insecticides
- Prodcom 20201100 -
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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