Azoxystrobin China Report 2018-Production and Market of Azoxystrobin in China
China’s azoxystrobin industry has made great progress during the past few years, and is playing a more and more important role in the world’s azoxystrobin market. It is noteworthy that the Chinese government is now actively strengthening the pesticide industry by releasing stricter environmental protection policies and raising threshold to enter the industry. Some companies who cannot reach the standard were ordered to shut down, and whose production of some pesticides that cannot reach the standard was ordered to stop. Besides, the Chinese government is planning to realize zero growth in the use of pesticide by 2020.
This report is a value analysis of azoxystrobin and its raw material trimethyl orthoformate. The whole report is an integrated analysis and a professional forecast to guide investments and business movements for the players who pay close attention to azoxystrobin industry or try to find opportunities from it.
Azoxystrobin is an important strobilurin fungicide in China. As an effective and environmental friendly fungicide, azoxystrobin plays a more and more important role at home and abroad in recent few years. After years' development, the competition in China's azoxystrobin market has become increasingly intense. The number of registrations of azoxystrobin has increased and more azoxystrobin producers come out accordingly. From 2011 to 2016, the annual ex-works price of azoxystrobin technical decreased in China. However, affected by the increasing production cost and tight supply, the annual ex-works prices of azoxystrobin increased in 2017.
Thanks to increasing demand for azoxystrobin at home and abroad, from 2011 to 2016, China exported azoxystrobin products to more and more countries and regions and the number of exporters increased year by year. In 2016, the top five destinations of China’s azoxystrobin are India, Vietnam, Paraguay, Argentina and Uruguay, to which the export volume was accounted for nearly 50% of the total.
From 2012 to 2016, the domestic apparent consumption of azoxystrobin in China increased sharply. It's noteworthy that from 2012 to 2014 the CAGR of the consumption of azoxystrobin was 2.76% and that was 13.39% from 2014 to 2016, showing that China's consumption growth of azoxystrobin has been going faster. In 2016, the domestic apparent consumption of azoxystrobin in China increased by 14.62% year on year. Additionally, thanks to the consumption volume growth, the domestic market value of azoxystrobin (at ex-works level) increased accordingly.
This report provides an overview of the azoxystrobin industry in China in the following aspects:
Supply and demand of azoxystrobin in China, 2012–2016
Raw materials of azoxystrobin in China, 2012–2016
Price and consumption of azoxystrobin in China, 2012–2016
Exports of azoxystrobin from China, 2011–2016
Key factors affecting the development of azoxystrobin in China
Technology of azoxystrobin production in China
Forecast on demand and price for azoxystrobin in China, 2017–2021
Profiles of major Chinese azoxystrobin producers
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