Wednesday, March 13, 2013

The export volume of China's glyphosate products in 2012

Contributed by the high export growth of glyphosate technical and formulations, China's export volume of glyphosate A.I. in 2012 witnessed a big increase, up by about 26% over 2011.

Export volume
According to CCM's statistics, China has exported about 387,283 tonnes of glyphosate A.I. (as per 100% glyphosate acid) in 2012, including 245,876 tonnes of glyphosate acid technical, 336,008 tonnes of glyphosate formulations and 40,000 tonnes of glyphosate PMIDA (FIGURE 9).

In comparison, the export volume of glyphosate A.I. in 2012 increased by 26% over 2011, mainly attributed to the high export growth of glyphosate technical and glyphosate formulations. The export volume of glyphosate technical and glyphosate formulations in 2012 enjoyed a high growth rate of 29% and 24% respectively over 2011, whereas the export volume of PMIDA remained stable over 2011. In detail, the export volume growth of glyphosate 75.7% WSG experienced the highest figure in 2012, up by 184% over 2011. However, glyphosate 41% IPA still enjoyed the largest export volume in glyphosate formulations, accounting for about 66% of the total in 2012.

The export growth of glyphosate A.I. in 2012 reflected a rebound in overseas demand for glyphosate due to the rising adoption of glyphosate-resistant GM crops. Furthermore, the improved quality of Chinese glyphosate formulations has raised the acceptance of Chinese glyphosate formulations in overseas market.

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