According to statistics from National Bureau of Statisicis, in 2014, the main business revenue of 843 enterprise above the designated size in the Chinese pesticide industry was RMB300.841 billion, up 7.5% year on year (YoY); the total profit was RMB22.592 billion, down 1.2% YoY, while the growth rate last year was 30.8%. The total profit of chemical pesticides fell 3.6%, while that of biochemical and microbial pesticides grew significantly by 23.7%, with a growth rate much higher than chemical pesticides.
Industry sector |
Number of enterprises (No.) |
Total assets (RMB100 million) |
Main business revenue (RMB100 million) |
Total profit (RMB100 million) |
||||
2014 |
YoY (%) |
2014 |
YoY (%) |
2014 |
YoY (%) |
|||
Chemical pesticide manufacturing |
843 |
2110.26 |
9.4 |
3008.41 |
7.5 |
225.92 |
-1.2 |
|
Pesticide Technical manufacturing |
713 |
1931.34 |
8.9 |
2724.07 |
7.5 |
200.94 |
-3.6 |
|
Biochemical and microbial pesticide manufacturing |
130 |
178.92 |
15.3 |
284.34 |
7.5 |
24.99 |
23.7 |
|
In 2014 the profits of the Chinese pesticide industry fell and the losses increased significantly. Among the 843 enterprise above the designated size, the number of the loss-making enterprises fell 0.7% YoY, while the losses were RMB575 million, up 24.9% YoY. The proportion of loss-making enterprises dropped to 7.1% from last year’s 7.8%.
Industry sector |
Number of enterprises |
Number of loss-making enterprises (No.) |
Amount of losses (RMB100 million) |
Proportion of loss-making enterprises (%) | |||||
(No.) |
2014 |
Last year |
YoY (%) |
2014 |
Last year |
YoY (%) |
2014 |
Last year | |
Chemical pesticide manufacturing |
843 |
60 |
65 |
-7.7 |
5.75 |
4.6 |
24.9 |
7.1 |
7.8 |
Pesticide Technical manufacturing |
713 |
52 |
59 |
-11.9 |
5.62 |
4.35 |
29.3 |
,
7.3 |
8.4 |
Biochemical and microbial pesticide manufacturing |
130 |
8 |
6 |
33.3 |
0.12 |
0.25 |
-51.2 |
6.2 |
4.5 |
In 2014 the investment in the Chinese pesticide industry was overheated, and the capacity expansion of bulk products represented by glyphosate almost went mad. The actually completed investment in the pesticide industry grew up to 28.7%, of which, that of chemical pesticides grew as high as 30.0%, accounting for 59.6% of the total completed investment in the industry (which was 56.5% last year), and that of biogenic pesticides increased significantly by 26.1%.
Industry sector |
Planned investment (RMB10,000) |
YoY % |
Actually completed investment (RMB10,000) |
YoY % |
Number of construction projects (No.) |
YoY % |
Chemical pesticide manufacturing |
8715298 |
6.7 |
5187804 |
28.7 |
550 |
7.2 |
Chemical active ingredient manufacturing |
5202350 |
12.8 |
3433507 |
30.0 |
378 |
8.6 |
Biochemical and microbial pesticide manufacturing |
3512948 |
-1.2 |
1754297 |
26.1 |
172 |
4.2 |