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China agchem export value down by 15%

 Apr. 30, 2014    Source:Agropages.com

In Feb 2014, China’s agchem import volume grew 31.6% to 7,000 tons with import value significantly increasing 62.6% to $ 78 milllion y-o-y, according to the data released by the Chinese General Administration of Customs. Pesticide export in Feb decreased 14.9% to 69,000 tons, with export value at $ 228 million.

For the first two months of 2014, the country imported a total of 17,000 tons of pesticide, import volume grew by 23.1% and value reached $ 149 million. Pesticide export also registered double digit increase in volume and value terms of 10.8% and 14.8% to 193,000 tons and $ 663 million respectively.

Import specifics

Fungicide was the largest category of pesticide import in Feb, with import volume boosting by 94.4% to 3,000 tons. Insecticide import also rose 32.9% to 1,000 tons in volume terms, while herbicide import slid down by 2.7% to 2,000 tons of volume. 
 

Category
Import000 tons, $ M
Feb
Jan-Feb
volume
value
volume
value
Fungicide
3
32
5
60
Herbicide
2
22
7
42
Insecticide
1
19
2
35
Total
7
78
17
149


From Jan to Feb, total volume of herbicide import steadily grew 8% to 7000 tons, with value increasing 32.8% to $ 42 million. Fungicide and insecticide import volume grew 34% and 49.1% to 5,000 tons and 2,000 tons, valued at $ 60 million and $ 35 million respectively.

 

Export specifics

Herbicide continued to be the largest category of pesticide export in Feb, while export volume and value both decreased 11.8% and 7.8% to 54,000 tons and $ 170 million. Insecticide and fungicide exported also saw decreases of 9,000 tons and 4,000 tons respectively.
 

Category
Export000 tons, $ M
Feb
Jan-Feb
volume
value
volume
value
Herbicide
54
170
146
467
Inseticide
9
37
29
123
Fungicide
4
16
11
60
Total
69
228
193
663


Despite the decrease of herbicide export in Feb, the total herbicide export in Jan and Feb kept substantial growth with volume increased 12.2% to 146,000 tons and value of $ 467 million. Insecticide exported 29,000 tons, with value increasing 9% to $ 123 million. Fungicide export also registered a slight increase.

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