Top 10 Glyphosate Exporters in China for 2016

In December 2016, the last month of a fluctuating export year for glyphosate in China, China’s manufacturers exported 26,566 tonnes of glyphosate technical, 4,742 tonnes of PMIDA, and 45,852 tonnes of formulated glyphosate, according to Transanalysis.

These amounts round up the overall slightly increased export trend of glyphosate in 2016, which a month-on-month increase of 3.83%, 89.38%, and 16.76% respectively and a year-on-year change of +35.66%, -27.55%, and +36.75% respectively.

Tranalysis now reveals the top 10 Chinese exporters throughout the year 2016 with the data of China Customs, ranked by their export value:

China’s top glyphosate exporters in 2016, ranked by export value

 Rank Company Export value (USD) Export quantity (KG)
1 Fuhua Tongda Agro-chemical Technology 272,186,510 111,806,098
2 Shandong Weifang Rainbow Chemical 160,670,482 63,854,175
3 Nantong Jiangshan Agrochemical 154,679,944 72,651,085
4 Jiangsu Good Harvest-Weien Agrochemical 127,154,282 60,003,135
5 Zhenjiang Jiangnan Chemical 110,148,016 39,410,506
6 Zhejiang Wynca Chemical Group 85,825,434 47,201,069
7 Youth Chemical 80,958,504 26,240,000
8 Hangzhou Nutrichem 62,477,028 31,430,400
9 Zhejiang Jinfanda Bio-Chemical 48,149,008 31,415,785
10 Leshan Hebang Agricultural Technology 24,132,160 15,668,400

Source: Tranalysis and China Customs

As seen in the table, Fuhua Tongda was the biggest exporter of glyphosate in China in 2016. Even Shandong Weifang had a lower export quantity than Nantong Jiangshan, the total export value was higher, due to the higher unit price at which the company exported their commodities. According to Tranalysis, the average unit price of glyphosate exports of Shandong have been USD2.52/kg, while Nantong Jianshan exported their goods at an average unit price of USD2.13/Kg in 2016.

The share of the top 10 glyphosates exporters in the total glyphosate export from China is 56.85%. Hence, the top 10 exporters were only responsible for a bit more than half of the total exports, which demonstrates the high competitiveness in China’s glyphosate market. Unlike other industries in China, the glyphosate industry has no dominating companies to rule the pricing or policy. The total value of glyphosate exports has been more than USD1.8 billion in 2016, with a shipping quantity of almost 867 million kg.

The main destiny of the glyphosate exports from China has been Australia, Brazil, the USA, Argentina, and Thailand. Of those, Australia was the country with the highest import volume of glyphosate from China, importing almost 106 million kg. However, looking at the total value of imports, Brazil was in the first rank with almost USD267 million. Australia’s import value did barely reach USD220 million.

What’s more, bad news about the dangers of glyphosate still causes a decent demand for this herbicide in 2017 worldwide. Hence, the export volume is not likely to rise a lot in the new year. But, production limitations and costly environmental protection systems in China’s heavy-polluting industries are increasing the global acceptance of higher unit prices for glyphosate in China.

Finally, as a result of the limited oil production of the OPEC members, rising oil prices will likely increase the costs for pesticides worldwide, which China’s manufacturers are going to follow, leading to even higher unit prices once more.

Topics: ,

Leave a Reply

Agrichemicals

Agrichemicals

Syngenta Herbicide Cleared for Use with Dicamba Technologies

Fusilade DX herbicide has been cleared for tank mixing with both XtendiMax with VaporGrip Technology and Engenia herbicides.

Vineyard-grapes
Agrichemicals

Introducing Biostimulant CommerceCon

The $1.8 billion biostimulant market is expected to reach $2.9 billion by 2021. It’s little wonder why both traditional agchem

Agrichemicals

Talking Dicamba: Q&A with Heartland Co-Op’s Dave Coppess

Dave Coppess, Executive Vice President, Sales and Marketing, Heartland Co-op, West Des Moines, Iowa, chats about the company’s experience with dicamba-resistant cropping systems.

Adjuvants

Wilbur-Ellis Launches Diligence-EA

Wilbur-Ellis Co. announced the release of DILIGENCE-EA, a new deposition and drift reduction product powered by ACCUSTRIKE technology.

Agrichemicals

U.S. Approves Bayer-Monsanto Merger – WSJ

The U.S. Justice Department has approved Bayer AG’s acquisition of Monsanto Co. after the companies pledged to sell off additional assets to secure government antitrust approval.

Monsanto
Agrichemicals

Lower U.S. Corn Plantings, Prices in Brazil Impact Monsanto Results

Monsanto reports improved glyphosate pricing in the second quarter.

Agrichemicals

BASF Launches Spray Tool for Engenia

BASF on Wednesday launched its Engenia Herbicide Spray Tool to help growers make on-target applications.

Rice Closeup
Agrichemicals

Arysta Licenses Meiji’s Insecticide for Rice in India

Flupyrimin is a new proprietary active ingredient that provides effective control of damaging pests in rice and other important crops.

Agrichemicals

A Responsible Approach to Highly Hazardous Pesticides

"Our goal is now to encourage all stakeholders, including generic companies and governments in low income countries, to engage in a positive dialogue around pesticide use to ensure the sound management of highly hazardous pesticides globally."

Agrichemicals

ADAMA Reports Strong Sales; Sees Higher Costs

Adama: Procurement costs in the second half of 2017 were higher in comparison to 2016, which is expected to impact production costs going forward.

Agrichemicals

China’s Herbicide Formulation Export Values Rose 35% in 2017

The top 3 importing nations were Australia, Thailand and Nigeria.

Agrichemicals

Mitsui Merges European Crop Protection Subsidiaries

Certis Europe BV and Spiess-Urania Chemicals GmbH, two European crop protection subsidiaries of Mitsui & Co., Ltd., have announced their

Agrichemicals

Bayer: Enzymes in Honeybees Determine Neonic Sensitivity

A joint study by Exeter University, Rothamsted Research and Bayer has discovered enzymes in honey bees and bumble bees that determine how sensitive they are to different neonicotinoid insecticides.

Agrichemicals

Nichino America Launches Novel Fungicide

Flutianil, the active ingredient in Gatten, has specific activity against the fungal diseases that cause powdery mildew.

Nufarm-Photo-credit-Luis-Ascui
Agrichemicals

Nufarm Revenue Rises on North America Strength

The company is forecasting earnings growth for the full year.

Agrichemicals

Where Is Chinese Agchem Manufacturing Headed and How Should You Manage the Risks?

Exclusive insight from CS Liew, Managing Director of Pacific Agriscience Pte Ltd., Singapore

Agrichemicals

Crop Protection Product Resources to Help You Source Effectively

South Africa is days away from running out of water. Climate change is forcing growers to change the crops they

Agrichemicals

Kansas State Researchers Make Key Glyphosate Resistance Discovery

Kansas State University researchers have discovered how weeds develop resistance to the popular herbicide glyphosate, a finding that could have broad future implications in agriculture and many other industries.

Agrichemicals

Australian Authority to Greenlight Syngenta Fungicide

ChemChina reported that the Australian Pesticides and Veterinary Medicines Authority (APVMA) will approve the registration of Syngenta’s foliage fungicide MIRAVIS in April 2018.

Latest News

Europe

Spain, Italy: Tracking the EU Powers in Crop Protection

Three months into 2018, many of results of the Kleffmann end-user panels for 2017 are finalized. They confirm our view

Americas

U.S. Farm Bill Draft Defines Plant Biostimulants for First Time

Definition is a critical step in the legislative process to support the development of new sustainable technologies for agriculture and U.S. farmers.

Markets

Bayer Gains Russian Approval for Monsanto Deal

Bayer AG said Friday that Russian antitrust authorities have approved its proposed $57 billion acquisition of Monsanto Co. on the

Asia

Indian IoT Platform for Pre and Post Harvest Raises Seed Round

Indian startup AgNext has raised an undisclosed seed round led by India-focused Agtech VC Omnivore Partners along with Singaporean angel

Industry News

Verdesian Launches Renewed Focus on Grower Nutrient Use Efficiency

Verdesian Life Sciences has announced a reformulation of its mission, positioning statement and approach in order to create a more