China Glyphosate Industry Report

Pesticide mainly consists of three categories: herbicide, insecticide and bactericide. In China, the most general pesticide we currently use is insecticide which occupies nearly 50% of the total use in pesticide. That totally differs from the international situation that the herbicide's use occupies 48% of the total and the insecticide 25%. With the internationalization of the production and sales of pesticide and domestic improvement on pesticide structure, herbicide will have more development space and develop more rapidly.

Glyphosate is a kind of highly effective broad spectrum herbicide with the characteristics of broad spectrum, low toxicity and no residue. It is the best selling herbicide around the world. No matter crop or weed, generally, all green plants can be ruined after we spray Glyphosate over them.

Glyphosate is mainly sold to United States of America, European Union, Argentina and other countries and areas. The consumption of Glyphosate in big agricultural countries such as China and India is small and has huge growth potential.

Glyphosate occupies more than 30% of the herbicide sales volume all around the world and has the trend of continuous increase. Recently, the market demand of Glyphosate increases rapidly, with the growth rate of approximately 15-20% each year.

Due to the fast growth in the demand and the biggest Glyphosate manufacturer of Mengshan shutting down part of the production capacity, Glyphosate is in short supply. The price rises accordingly.

According to the data of National Bureau of Statistics, General Administration of Customs, and related listed companies, this report makes a research on the status quo, supply and demand, production technique as well as key companies of China Glyphocate industries. It also contrasts the costs of Glyphosate by different production technique and analyzes the fluctuation risk of the raw materials made by different production lines.