In 2015, China’s pesticide market was depressed and prices of many kinds of pesticides kept falling under the influence of the depressed market conditions.
Imidacloprid, as one of the leading insecticides in China, has always been
playing an important role in China’s exports of pesticides. Then, under such
depressed market conditions, how imidacloprid technical performed in 2015?
According to data from General Administration of Customs of the People’s
Republic of China (China Customs) and CCM’s analysis on imports and exports
data, China exported 10,219.52 tonnes of imidacloprid technical, basically the
same as that in 2014, only increased slightly by 0.75% year on year.
Out of
them, export volume of 97% imidacloprid technical reached 6,301.87 tonnes, up
by 0.23% year on year and accounting for 61.67% of the total export volume of
imidacloprid technical; export volume of 95% imidacloprid technical hit
3,634.35 tonnes, increasing significantly by 66.39% year on year and accounting
for 35.56% of the total. Yet, export volume of 96% imidacloprid technical
dropped dramatically by 83.06% year on year to only 283.30 tonnes, making
China’s total export volume of imidacloprid technical essentially the same as
that in 2014.
However, China’s export value of imidacloprid technical collapsed in spite of
the export volume remained quite stable. Nevertheless, it is the dropping
export price that boosted the export volume. After all, low price can attract
purchasers to purchase or stockpile more goods.
According to data from China Customs, China’s average export price of
imidacloprid technical in 2015 was USD15.98/t, declining by 25.48% year on
year. Specifically, the average export price of 97% imidacloprid technical that
China exported the most was USD16.91/kg, dropping by 24.74% year on year; that
of 95% imidacloprid technical was USD14.48/t, down by 25.48% year on year and
that for 96% imidacloprid technical dropped most significantly by 33.24% year
on year to USD14.50/kg.
In 2015, among the top five imidacloprid technical manufacturers (by export
volume), only one had falling export volume. However, the average export prices
of imidacloprid technical of these top five manufacturers all dropped
significantly with YoY decrease rates all surpassed 20%.
As for export destinations, China’s exported imidacloprid technical to 56
countries and regions in 2015, with Brazil (up by 12.56% year on year), India
(up by 58.92% year on year) and the US (up by 35.04% year on year) as the top
three.
As a whole, export destinations of imidacloprid technical were quite
concentrated. Export volume to these top three destinations reached 5,158.97
tonnes, accounting for 50.48% of the total.
China's exports of imidacloprid technical, 2015
Source: CCM & China Customs
China's top five imidacloprid technical exporters by export volume, 2015
|
Exporter
|
Export volume, tonne
|
YoY change
|
Average export price, USD/kg
|
YoY change
|
|
Jiangsu Yangnong Chemical Group Co., Ltd.
|
2,031.48
|
11.55%
|
17.46
|
-24.61%
|
|
Jiangsu Changqing Agrochemical Co., Ltd.
|
1,709.28
|
30.93%
|
17.22
|
-22.57%
|
|
Hebei Yetian Agrochemicals Co., Ltd.
|
1,043.13
|
18.53%
|
14.22
|
-29.22%
|
|
Jiangsu Kwin Group Co., Ltd.
|
816.06
|
-32.30%
|
15.27
|
-28.56%
|
|
Shandong Qilin Agrochemical Co., Ltd.
|
650.23
|
222.45%
|
15.44
|
-28.78%
|
Source: CCM & China Customs
China's top 10 imidacloprid technical export destinations, 2015
|
No.
|
Export destination
|
Export volume, tonne
|
YoY change
|
Average export price, USD/kg
|
YoY change
|
|
1
|
Brazil
|
2,103.2
|
12.56%
|
15.29
|
-29.86%
|
|
2
|
India
|
1,594.8
|
58.93%
|
13.78
|
-36.82%
|
|
3
|
The US
|
1,460.97
|
35.04%
|
17.21
|
-22.06%
|
|
4
|
Germany
|
781.2
|
5.39%
|
19.55
|
-18.13%
|
|
5
|
Argentina
|
356
|
-8.88%
|
15.75
|
-24.17%
|
|
6
|
Paraguay
|
284.45
|
-23.72%
|
15.14
|
-31.74%
|
|
7
|
Colombia
|
264.63
|
-35.56%
|
19.27
|
-12.17%
|
|
8
|
Turkey
|
260.04
|
-14.66%
|
14.2
|
-22.36%
|
|
9
|
Russia
|
254.3
|
39.93%
|
18.5
|
-14.15
|
|
10
|
Pakistan
|
251.85
|
-31.97%
|
16.25
|
-21.57%
|
Source: CCM & China Customs
This article comes from Insecticides China News 1603, CCM
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Tag: pesticides imidacloprid