According
to CCM’s monthly issue, China Crop Protection Monthly Report 1311, The CCPIA annual list of top 100 pesticide
companies was first published in 2011, making this the third year the ranking
has been in place. The three Top 100 Lists from 2011 to 2013 show the
significant improvement in the performance of the ranked companies as a whole,
and the growth of these large companies has led the development of China's
pesticide industry over these years.
Total pesticide
revenue of the top 100 companies has clearly increased in the period. With a
Compound Average Growth Rate (CAGR) of 26.38% (all calculations have been based
on values in RMB) from 2010 to 2012, the total pesticide revenues of the top
100 pesticide companies reached USD12.9 billion (RMB79.1 billion) in 2012. The
CAGR of the top 100 pesticide companies is higher than that of the total
pesticide sales revenue of China's pesticide industry in 2012.
The numbers also show
that the top 10 and top 30 in the list enjoyed even more remarkable growth
rates. The total pesticide revenue CAGR of the top 10 and the top 30 are 31.37%
and 29.11% respectively, a strong sign of the pesticide industry's development.
With rapid growth,
the top 100 pesticide companies accounted for 33.49% of the total sales revenue
of the industry in 2012, up by 2.23 percentage points compared with 2010. In
the meanwhile, the top 10 and the top 30 companies accounted for 9.52% and
19.53%, respectively, of China's total pesticide sales revenue in 2012.
The Top 100 List also
indicates that competition among pesticide companies is intensifying. Companies
must strive for improvement if they want to keep their positions in the Top 100
List, since the threshold is becoming higher. The 100th company in the 2011
list had a pesticide revenue of USD27.7 million (RMB170 million) in the
previous year (2010). Meanwhile, the last place in the 2013 Top 100 earned
USD42.4 million (RMB260 million) the previous year.
Competition among the
top companies in the list is even fiercer. It is estimated that as many as 24
pesticide companies brought in over USD163.13 million (RMB1.0 billion) in
pesticide revenue in 2012, 8 more than the number in 2011 and double of the
number in 2010 (10 companies).
Nantong Jiangshan
Agrochemical & Chemical Co., Ltd., for instance, had pesticide revenues of
USD166.1 million (RMB1,018 million) in 2010, placing it at number 10 in the
2011 list. However, if it had maintained the same revenue, the company would
only have ranked 24th in the 2013 list.
CCPIA announces the
Top 100 pesticide companies in China
Top 100 pesticide
companies' revenue rising fast
Geographical
distribution changes in the top 100
M&A and pesticide
industry recovery boost Top 100 growth
15 companies keep
their places in the top 20 for the past three years
Some companies could
not keep their ranking
Top 30 pesticide
formulations companies announced
Top 100 companies’
progress and challenges
China
Crop Protection Monthly Report, a monthly publication issued by CCM, will
keep an eye on the most important or the latest occurrences or the hottest
topics in China’s crop protection industry, and select one or two topics out of
these news and information to compose an in-depth feature article. You can
obtain professional and insightful intelligence, covering market dynamic,
industry development, government policies and more by going through the
features articles every month.
About
CCM
CCM is dedicated to
market research in China, Asia-Pacific Rim and global market. With a staff of
more than 150 dedicated highly-educated professionals, CCM offers Market Data,
Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export
Analysis, and Consultancy Service.
For more information,
please visit http://www.cnchemicals.com.
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Information Science & Technology Co., Ltd.
17th Floor, Huihua
Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070,
China
Tel: 86-20-37616606
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