2017 Pesticide Market Status Analysis and Future Prospect Forecast
In recent years, agriculture has developed very rapidly, and the pesticide industry has been undergoing rapid changes along with it. Various new types of high-efficiency pesticide products and plant protection technologies have been researched, developed and applied. Below is a specific analysis of the current status and prospects of China's pesticide market:
The characteristics of a 2016 "off year" were obvious, with the pest and disease control area decreasing by 9.8%
In 2016, major crop pests and diseases in China were generally at a moderate occurrence level. The area affected by pests, diseases, weeds and rodents was nearly 6.3 billion mu-times, down 10.8% from the previous year, and the control area was 7.6 billion mu-times, down 9.8% from the previous year.
The pesticide industry continued to show "off year" characteristics
Specifically, revenue growth declined, demand was weak, prices of most products continued to run at low levels, pesticide prices were stable, and the pesticide market was oversupplied. Overall, in 2016 pesticides still hovered at the break-even point with meager profits.
Fungicide use increased
According to preliminary survey statistics from all provinces, autonomous regions and municipalities across the country, insecticide use declined, fungicide use increased, herbicide use rose slightly, rodenticide use remained flat, plant growth regulator use increased, and the proportion of imported pesticides used rose year by year.
In 2017, high-efficiency application equipment became the biggest growth point; next year's national pesticide demand is forecast to decrease by 2%
According to preliminary forecast statistical analysis by the plant protection systems of 31 provincial-level regions nationwide, the total national pesticide demand (commercial volume) in 2017 is expected to be 920,000 tons, equivalent to nearly 300,000 tons of active ingredient, a decrease of about 2% from the previous year. Total insecticide demand showed a downward trend, while biological pesticide use rose significantly.
The upgrading and replacement of plant protection application equipment will accelerate
It is expected that in 2017, demand for knapsack manual sprayers will continue to decline, and knapsack electric and powered sprayers will gradually replace knapsack manual sprayers. It is expected that in 2017, large and medium-sized application machinery will continue to grow, and specialized cooperative organizations and new-type business entities will become the main buyers. In 2017, China will once again implement a new round of the animal and plant protection project, which will certainly provide a good opportunity for the upgrading and replacement of China's plant protection machinery.
Plant protection drones will continue to grow
The operating area of plant protection drones has increased year by year, especially in rice field disease control, where their share is growing larger and larger. It is expected that plant protection drones will continue to grow in 2017. Drone manufacturers will certainly shift from selling machines to selling services. Drone pilots will become a popular occupation, with a serious market shortage that needs to be given high attention.