Login | Register / Chinese

Industry news

Most Top 20 companies ahead in 2014, Several Chinese Enterprises Made the List
Source:China Crop Protection Industry Association  author: Ellie Xu
  date: 2015-08-11  
view:

Nearly all of the leading agrochemical companies posted sales gains last year, but only Monsanto and Nanjing Redsun recorded double-digit increases in dollar terms. That compared with a stronger performance in 2013 when all of the top 20 firms saw growth and half posted double-digit dollar gains. The top six multinationals recorded sales gains for the fourth consecutive year in 2014. The 20 leading players were unchanged from the 2013 ranking, with only two positions swapping among the top 15 and some shuffling of places in the bottom quarter of the table. Among the 20 companies, 4 Chinese pesticides manufacturers, Wynca Group, Huapont Nutrichem, Nanjing Red Sun and Jiangsu Yangnong Chemial have made the list. Furthermore, ChemChina Subsidiary Adama Agricultural Solutions maintained its position as the seventh-largest agrochemical company, with sales up by about 5%. The company recorded gains in each of its regions, with the strongest growth in Latin America.

 

Zhejiang Wynca Chemical remained the largest Chinese company in terms of agrochemical revenues, with sales up by about 7% in yuan and 8% in dollars. Huapont Nutrichem recorded a similar level of growth but Nanjing Redsun saw sales gains approach 20% due to strong demand in its herbicides. See the list below:

Agrochemical sales1

2014 ranking

(2013)

Company

$

(million)2

change(%)

1(1)

Syngenta3

11,381 (10,923)

4.2

2(2)

Bayer CropScience4

10,252 (9,556)

7.2

3(3)

BASF

7,239 (6,943)

4.3

4(4)

Dow AgroScience5

5,686 (5,546)

2.5

5(5)

Monsato6

5,115 (4,521)

13.1

6(6)

Dupoint7

3,700 (3,557)

4

7(7)

ADAMA8

3,029 (2,876)

5.3

8(9)

Nufarm9

2,237 (2,078)

7.7

9(8)

FMC

2,174 (2,146)

1.3

10(10)

Sumitomo Chemical10

2,122 (2,052)

3.4

11(11)

UPL10,11

1,838 (1,715)

7.2

12(12)

Arysta LifeScience

na (1,503)

na

13(13)

Cheminova12

1,204 (1,175)

2.5

14(14)

Zhejiang Wynca Chemical

619 (574)

7.9

15(15)

Huapont-Nutrichem13

608 (562)

8.3

16(19)

Nanjing Redsun

578 (482)

19.8

17(16)

Kumiai Chemical14

526 (506)

4

18(18)

Sipcam-Oxon

506 (501)

1.1

19(17)

Ishihara Sangyo Kaisha10

456 (503)

-9.3

20(20)

Jiangsu Yangnong Chemial

454 (480)

-5.6

×¢£º

1.unless otherwise stated£»2.converted using average annual exchange rates for 2014 and 2013£»3.excluds lawn and garden sales of $ 693 million in 2014 and $691 million in 2013,and seed and trait sales of $3155 million in 2014 and $3204 million in 2013; 4.exclues environmental science sales of € 974 million in 2013; 5.excludes seed and trait sales of some $ 1,604 million in 2014 and $ 1,591 million in 2013; 6.year ended August 31st 2013/14-excludes seed and trait sales of $ 10,740 7.excludes seed and trait sales of $7,604 million in 2014 and $ 8,128 million in 2013; 8.part of ChemChina, for which agrochemical sales are not disclosed; 9.year ended July31st2013/14-excludes seed technology sales of Aus$ 144million in 2013 and Aus$ 132 million in 2013; 11.exclueds seed and chemical sales of Rs 8,810 million in 2014 and Rs 9,260 million in 2013; 12.includes fine chemical sales-agrochemicals accounted for 93.7% of total sales in 2013; 13. 2013 figure restated£»14.year ended October 31st 2013/14.

 

Highlights