Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Chemical Pesticide Manufacturing in China

China chemical pesticide manufacturing market: $51.1 billion industry by 2018


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-04-24 04:41:02 - Chemical Pesticide Manufacturing in China - a new market research report on companiesandmarkets.com

Revenue in the China chemical pesticide manufacturing market has been growing at an annualized rate of 14.1% in the five years through 2013. However, the industry experienced great fluctuations over the period. In 2009, affected by the global financial crisis, exports decreased by 23.0% for the year, which led to a drop of 9.9% of industry revenue, the greatest decrease in the past decade. Industry revenue showed a slight recovery in 2010, up 1.5% for the year.

A large volume of production during this period led to a great release in 2011, when domestic and international market grew strongly and revenue jumped 63.4%. In 2012, industry revenue increased 18.7% to $33.4 billion. In 2013, the chemical pesticide manufacturing industry will continue

 

 

suffering from output surplus as well as intense competition. Companies are pressed by increasing operating cost undermining profitability. Revenue of the industry is estimated at $36.5 billion in 2013, up 9.2% from 2012.

The Chinese government will continue to increase its support of downstream agricultural industries and is attempting to narrow the income gap between rural and urban residents. This will contribute to higher demand for chemical pesticides from the agricultural sector in the future. Highly toxic pesticides are being eliminated from the market, creating opportunities for the development of new low-toxic pesticides that will be better for the environment.

In the five years through 2018, industry revenue is forecast to grow at an annualized rate of 7.0% to $51.1 billion. Growth will be driven by the development of overseas business, with exports increasing at an annualized rate of 4.5%. The price of chemical pesticide products is also expected to increase slightly, in line with growing operating costs.

Click for report details: www.companiesandmarkets.com/Market/Chemicals/Market-Research/Che ..

Browse all Chemicals Market Research Reports www.companiesandmarkets.com/Market/Chemicals/Market-Research?aCo ..

Browse all Chemicals Company Profile Reports www.companiesandmarkets.com/Market/Chemicals/Company-Profile?aCo ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com