Total sales of China top 100 pesticide companies up 25% in 2011

By CnAgri2012-10-22 19:31:06 Print In 2011, China's pesticide industry maintained a steady growth in face of dramatic price rise for raw materials, the appreciation of RMB and rising labor costs. Among them, pesticide production has maintained double-digit growth, with an increase of 21.4%, which is higher than the average level of China's industrial economic development. Sales grew by 28.5%, the growth is higher compared with the output growth. Export rose by 29.9%, while export value climbed up 36.4% due to the higher export price; the growth of import price is rapid than that of import volume. Total profit grew by 21.4% to Yuan 12.6 billion, its growth is roughly similar compared with output growth, however, the margin is still very low, only 5.1%. The export of formulations is greater than the technicals for the first time. In this situation, larger domestic companies did well. In term of statistics and analysis, CCPIA issued the list of 2011 Top 100 pesticide companies.

For the performance of Top 100 in 2011, the threshold of Top 100 sustained uplift, which reflects the enhancement of enterprises’ strength. Sales of ranked 100th grew up 17.6% to Yuan 200 million in 2011 over Yuan 170 million in 2010. A total sale of Top 100 enterprises grew up 24.5% to Yuan 61.86 billion in 2011 over Yuan 49.7 billion in 2010, which shows that large enterprises play the increasingly important role in the economic and industrial structure adjustment and reflects the higher demand for pesticide.

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