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8 Dec |
 Market
pesticides should end the year with 11% growth in sales
Sales of pesticides should end this year with a
growth of 11% over last year and reaching an estimated at US$ 8.1
billion, according to projections by the Dept of Defense of
Agricultural Products (Sindag ). This rate of increase was slightly
higher than observed between 2009 and 2010, when revenues grew from
US$ 6.6 billion to US$ 7.3 billion.
Traditionally, the greatest demand for these products occurs in the
second half, when farmers prepare for planting the summer crop.
According to the information manager Sindag Ivan Sampaio, 70% of the
market place in the second half and most of the products (80%) comes
from outside the country, with a predominance of pesticides
manufactured in China.
From January to October, sales grew 10%, with a turnover of US$ 10.2
billion compared to US$ 9.2 billion in the same period in 2010. The
fastest growing business segment was found in insecticides, up 21%,
followed by the acaricides (16%). This increase is due to the
increase in area planted to cotton and also due to the application
in plantations of sugar cane, soybeans, coffee, horticultural and of
wheat. As for the acaricides, 90% were for the production of citrus.
Herbicides, which until July had fallen 2.9%, did a turn-around and
by October were up 8%. The same was observed in the case of
fungicides, which had been falling until July dropping 9.8% but then
sales increase 3%.
In both cases, the reason for the low demand up to July had been a
prolonged drought, which reduces the appearance of fungi and weeds
in crops such as soybeans, fresh produce, potatoes and corn, Sampaio
justified. With the entry of the rainiest season, the situation is
reversed. Sindag data indicate increased demand for pesticides for
the crops of sugar cane, cotton and pasture.
source:
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