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Tuesday 6 January 2015

China Glyphosate Market Size, Share, Analysis And Forecasts To 2020 - According To Radiant Insights

As of 2013, there had been about 200 glyphosate manufacturers in China, in which, over 30 manufacturers were maintaining normal production, with capacity of about 720,000 ton. In 2013, the total output of glyphosate in China was about 504,000 ton, accounting for 80% of the total one in world. 

In 2010, the rise of glyphosate price was forcefully supported by the planting of GM rice and maize (approved by China Government), continue increasing of oil price and development of low-carbon economy etc. since 2010, the demand for glyphosate grow fast, in 2013, it had reached 74,000 ton, the application fields are extending from fruit trees and non-cultivated land weeding to genetically modified crops weeding. 


In the first half year of 2014, the overall market of glyphosate takes on downward trend, in which, takes on upward trend from Jan. to Mar., reaches the highest in early Apr., and takes on downward trend from middle Apr. to Now; by the end of Jun, the price has decreased to CNY 31100 /ton, the Lowest point in the first half year. 

In 2013, the stable capacity of glyphsoate was about 720,000 ton in China, in which, Zhejiang, Sichuan, Jiangsu, Shandong, Hubei, and Anhui were 210,000, 165,000, 155,000, 40,000 and 20,000 and 28,000 ton respectively.

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