On March 6, the opening ceremony of the CAC 2018 in Shanghai revealed the list of 2017 China's Top 20 Pesticide Exporters. On top of the list are giant market players like Weifang Rainbow, Nutrichem and Jiangsu Chemical.
According to market insiders, the pesticides industry in China will continue rising in 2018, supported by the elimination of further excessive production capacity and outdated enterprises. This will lead to an upgrading of the industry domestically and enhance the competition in international pesticides markets.
As China is the largest pesticides exporter worldwide, the country is depending highly on the development of global markets and the demand for agrochemicals. Especially small enterprises have an uncertain future in China, not able to update their production and waste disposal technology to the required standards and lacking overseas clients for sufficient profitably of their sales. Hence, mergers and acquisitions will continue throughout China’s pesticides companies in 2018.
Environmental regulations have posed significant impacts on domestic pesticide industry in 2017. China's environmental policies always work well in regulating the market. Stringent administration helps cut out small-sized or even unlicensed producers and favours the development of leading enterprises.
What’s more, by 2025, hazardous chemical producers that do not meet safety standards have to move into designated industrial parks in China or shut down their facilities. This regulation is likely to affect the supply of pesticide intermediates in China for 2018, as small- and medium-sized enterprises, as well as large enterprises with major potential risks, have to start relocation before 2018 and finish before the end of 2020.
The year 2018 will benefit the Chinese pesticides manufacturers that already have upgraded their production processes and are in possession of a highly integrated supply chain, able to generate their needed raw materials by themselves to avoid high purchase costs.
Hence, leading enterprises in this industry are going to have more power in the market as environmental inspections and safety inspections become a normal routine in the foreseeable future. The main advantages of large pesticides enterprises are the self-sufficiency in raw materials and the resulting independence of market voluntarily, the implementation of new national standards for pesticides to fight fake and counterfeit products, as well as big overseas markets with growing demand and already existing clients.
China’s pesticides industry is facing a bunch of challenges that will continue to put pressure on enterprises in 2018. Overall, the recovery of the global economy will still be a major support to domestic supply.
Foreign traders have a great opportunity to collaborate with Chinese pesticide manufacturers and sell their products under local names. Especially traders with a good distribution network can profit highly from bringing the Chinese products in the local market, creating a win-win situation for Chinese manufacturers and themselves.
2017 China’s Top 20 Pesticide
|1||Shandong Weifang Rainbow Chemical Co., Ltd.|
|2||Nutrichem Laboratory Co., Ltd.|
|3||Jiangsu Yangnong Chemical Co., Ltd.|
|4||Sichuan Fuhua Tongda Agro-chemical Technology Co., Ltd|
|5||Zhejiang Wynca Chemical Industry Group Co., Ltd.|
|6||Nanjing Red Sun Co., Ltd.|
|7||Lier Chemical Co., Ltd.|
|8||Ninghua Group Co., Ltd.|
|9||Zhejiang Zhongshan Chemical Industry Group Co., Ltd.|
|10||Jiangsu Huifeng Bio Agricuture co., Ltd.|
|11||Nantong Jiangshan Agrochemical & Chemicals Co., Ltd.|
|12||Shandong Binnong Technology Co., Ltd.|
|13||Changzhou Dongyu International Trade Co., Ltd.|
|14||Jiangsu Good Harvest-Weien Agrochemical Co., Ltd.|
| 15||Jiangsu Sevencontinent Green Chemical Co., Ltd.|
|16||Jiangsu Trustchem Co., Ltd.|
|17||Ningbo Generic Chemical Co., Ltd.|
|18||Sinochem Agro Co., Ltd.|
|20||Jiangsu Changqing Agrochemical Co., Ltd.|
Source: CAC 2018
On 7-9 March 2018, the biggest contributors to the agrochemical industry in China and worldwide have gathered at one place, to place the tracks for the agrochemical market in 2018. The 19th China International Agrochemical & Crop Protection Exhibition (CAC 2018) was held in Shanghai.
The exhibition is an inevitable platform for all enterprises that do business in the agrochemical market in China. They serve as the meeting point for businesses to achieve trade, exchange, and cooperation with China’s agrochemical players.
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