CCM Data & Primary Intelligence World Outlook of Glyphosate 2009-2014
The First Edition
Researched & Prepared by:
Guangzhou CCM Information Science and Technology Co., Ltd Guangzhou, P. R. China
June 2009
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CCM Data & Primary Intelligence Description: World Outlook of Glyphosate 2009-2014 edited by CCM International is the world first research about global glyphosate. This report is comprised of 3 main sections including supply and demand, glyphosate situation in each country and flow research. 10 key players are profiled. From global insight, this report will present to readers a clear picture about production, distribution and application of glyphosate in the global market especially 28 countries including 8 Asian-Pacific countries (China, India, Indonesia, Malaysia, Thailand, Vietnam, Israel and Australia), 5 Europe countries (Belgium, Germany, Turkey, Russia and Ukraine), 2 North American countries (USA and Canada), 1African country (S. Africa) and all the South American countries. With more than 53,000 words and over 300 tables and figures, this report will enable readers to gain unrivalled understanding about global glyphosate market. Through this report, you can: Be well informed of the supply of intermediate and glyphosate⎫ formulations in these 28 countries including key players and brands; Get to⎫ know the application of glyphosate in these 28 countries breakdown by crop, growing periods (pre-seeding stage, pre-emergence stage and post-emergent stage); Gain intelligence on possible activities of Chinese glyphosate⎫ players; Understand the demand of glyphosate in each county and⎫ continent; Have a clear picture of glyphosate flow among some important⎫ countries Know the purchasing behavior of some key multinational players⎫ such as Monsanto, Dow, Syngenta, Nufarm As the largest pesticide, glyphosate has developed to be the main profit source for many companies, especially the top enterprises with broad sales channel in crop protection market. What is the market share of main players in glyphosate market? Which competitive strategies do they take to strengthen their position in glyphosate market? You can find answers in the report. Undoubtedly, GM crops and no-till farming are the main drivers for glyphosate consumption in the global. For the same reason, South America is the largest contributor to the world glyphosate application hike in the past 5 years. Will its glyphosate market Which region(s) will be the⎫still hold the growth trend in the near future? glyphosate market?
Which new GM crops are likely to be⎫next growth point for
What are the attitudes⎫approved in main countries for glyphosate consumption?
of main countries to GM crops and their impacts on glyphosate? CCM will give you an insightful analysis on the above questions. Besides, bio-fuel is another key factor for glyphosate consumption. Due to the global energy crisis, bio-fuel, recognized as an important substitute for petroleum, gains rapid development all over the world, causing the growth of demand for the feed stocks, such as cane, oil palm, cassava, etc. Those
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CCM Data & Primary Intelligence crops planted areas rise to meet the demand of bio-fuel. The main countries’ policies to bio-fuel and their impacts on glyphosate is comprised in the report. In a bid to figure out the glyphosate flow, CCM has dived deep into the global glyphosate supply chain, with glyphosate technical producers, glyphosate trade, key players and brands in main countries analyzed systematically. Moreover, an insightful research on the source and distribution of glyphosate of the top players in glyphosate market is provided in the report. It seems that glyphosate has enjoyed good days in most countries in the world, but it still faces some risks. What are they and how will they affect glyphosate in the future? You can also find answers to them.
Main content: No.
Content
Page
Executive summary
1
Introduction
3
Methodology and source
4
I
Market environment
6
I-1
World economic outlook
6
I-2
World demographic outlook
9
I-3
World agricultural outlook
12
I-4
World agricultural land usage
14
I-4.1
Global GM crops
16
- GM corn
19
- GM soybean
20
- GM cotton
20
- GM rape
21
I-4.2
Other major crops
21
I-5
Environmental & regulatory issues
22
II
Global supply & demand of glyphosate
22
II-1
Supply situation
23
II-2
Demand situation
26
II-2.1
Overview
26
II-2.2
Distribution
27
II-2.3
Use situation in crops
30
III
Glyphosate industry in major regions
31
III-1
Asia-pacific
31
III-1.1
P.R. China
31
III-1.1.1
Glyphosate supply
31
III-1.1.2
Glyphosate consumption
33
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CCM Data & Primary Intelligence III-1.2
Malaysia
38
III-1.2.1
Glyphosate supply
38
III-1.2.2
Glyphosate consumption
38
III-1.3
India
43
III-1.3.1
Glyphosate supply
43
III-1.3.2
Glyphosate consumption
43
III-1.4
Indonesia
48
III-1.4.1
Glyphosate supply
48
III-1.4.2
Glyphosate consumption
48
III-1.5
Thailand
53
III-1.5.1
Glyphosate supply
53
III-1.5.2
Glyphosate consumption
53
III-1.6
Vietnam
57
III-1.6.1
Glyphosate supply
57
III-1.6.2
Glyphosate consumption
58
III-1.7
Israel
62
III-1.7.1
Glyphosate supply
62
III-1.7.2
Glyphosate consumption
63
III-1.8
Australia
64
III-1.8.1
Glyphosate supply
64
III-1.8.2
Glyphosate consumption
65
III-2
Europe
69
III-2.1
Belgium
69
III-2.1.1
Glyphosate supply
69
III-2.1.2
Glyphosate consumption
69
III-2.2
Russia
73
III-2.2.1
Glyphosate supply
73
III-2.2.2
Glyphosate consumption
73
III-2.3
Germany
81
III-2.3.1
Glyphosate supply
81
III-2.3.2
Glyphosate consumption
81
III-2.4
Ukraine
86
III-2.4.1
Glyphosate supply
86
III-2.4.2
Glyphosate consumption
87
III-2.5
Turkey
92
III-2.5.1
Glyphosate supply
92
III-2.5.2
Glyphosate consumption
92
III-3
South America
96
III-3.1
Argentina
96
III-3.1.1
Glyphosate supply
96
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CCM Data & Primary Intelligence III-3.1.2
Glyphosate consumption
97
III-3.2
Brazil
102
III-3.2.1
Glyphosate supply
102
III-3.2.2
Glyphosate consumption
103
III-3.3
Paraguay
110
III-3.3.1
Glyphosate supply
110
III-3.3.2
Glyphosate consumption
110
III-3.4
Uruguay
115
III-3.4.1
Glyphosate supply
115
III-3.4.2
Glyphosate consumption
115
III-3.5
Columbia
119
III-3.5.1
Glyphosate supply
119
III-3.5.2
Glyphosate consumption
120
III-3.6
Bolivia
123
III-3.6.1
Glyphosate supply
123
III-3.6.2
Glyphosate consumption
123
III-3.7
Ecuador
127
III-3.7.1
Glyphosate supply
127
III-3.7.2
Glyphosate consumption
128
III-3.8
Peru
131
III-3.8.1
Glyphosate supply
131
III-3.8.2
Glyphosate consumption
131
III-3.9
Venezuela
135
III-3.9.1
Glyphosate supply
135
III-3.9.2
Glyphosate consumption
135
III-3.10
Chile
139
III-3.10.1
Glyphosate supply
139
III-3.10.2
Glyphosate consumption
139
III-3.11
Guyana
143
III-3.11.1
Glyphosate supply
143
III-3.11.2
Glyphosate consumption
143
III-3.12
The Republic of Suriname
146
III-3.12.1
Glyphosate supply
146
III-3.12.2
Glyphosate consumption
146
III-4
North America
150
III-4.1
US
151
III-4.1.1
Glyphosate supply
151
III-4.1.2
Glyphosate consumption
151
III-4.2
Canada
158
III-4.2.1
Glyphosate supply
158
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CCM Data & Primary Intelligence III-4.2.2
Glyphosate consumption
158
III-5
Africa
165
III-5.1
S. Africa
165
III-5.1.1
Glyphosate supply
165
III-5.1.2
Glyphosate consumption
166
IV
Flow research of glyphosate in global market and future trend
172
IV-1
Trade situation in major countries
172
IV-1.1
China
172
IV-1.2
US
176
IV-1.3
Argentina
178
IV-2
Global glyphosate flow
181
IV-2.1
Glyphosate technical and PMIDA
181
IV-2.2
Glyphosate formulation
184
IV-3
Trend
185
V
Price of glyphosate in international market and its future trend
187
VI
Forecast on the global glyphosate industry
190
VI-1
Driven forces and barriers
190
VI-1.1
Driven forces
190
VI-1.2
Barriers
194
VI-2
Future prospect of global glyphosate industry
195
- Supply
195
- Demand
195
VII
Conclusion and recommendation
198
VIII
Profiles of key glyphosate players
201
VIII-01
Monsanto
201
…
…
VIII-10
Anhui Huaxing
0 214
Executive summary: Glyphosate is the world's biggest selling herbicide, whose sales have grown sharply both in value and volume. By 2008, global glyphosate sales have reached USD xxxx billion, with consumption volume of xxxx tonnes. Global glyphosate technical supply is mainly distributed in China, USA, Argentina and Brazil and PMIDA is mainly produced in China, USA and Brazil. The total flow volume of glyphosate technical is about xxxx tonnes in 2008 in the world. Formulation production concentrates in China, USA, Belgium, Argentina, Australia, etc. China, taking up 70% of the world’s glyphosate technical output, is consolidating its position. Glyphosate capacity in China has increased crazily from xxxx tonnes in 2006 to xxxx tonnes in 2008, Website: http://www.cnchemicals.com Tel: +86-20-3761 6606
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CCM Data & Primary Intelligence and current xxxx t/a. The capacity will keep increasing in the coming few years. Monsanto continues to be the top player, though its market share is decreasing. About xxxx of Monsanto’s glyphosate technical is produced in its production sites in USA. Over xxxx of the production is exported to its production sites in Belgium and Malaysia to make glyphosate based products such as Roundup, which is then distributed all over the world. Driven by expansion of GM crops and no-till farming, the world glyphosate consumption has been soaring, with CAGR of about xxxx by volume in 2004~2008. However, the growth scenario varies largely by region. Asia Pacific is the region that has the greatest growth potential in the world. In this region, glyphosate is mainly used in traditional crops, no-till farming and economic crops. Though this region took up only xxxx of the world’s glyphosate market in 2008, it is expected to replace South America to be the main driver for glyphosate consumption in the next 5 years. Thanks to rapid expansion of GM crops, South America has become the largest driver for glyphosate consumption in the world, surpassing North America in 2007. However, as a mature market now, this region has little growth potential in the future, with its large coverage of GM crops and no-till farming. In Europe and North America, glyphosate market has been also growing fast with CAGR of about xxxx and xxxx respectively in 2004 ~ 2008. As to Europe, major contributors to glyphosate consumption growth include bio-fuel development and agriculture recovery in some countries, such as Russia. As to North America, the expansion of GM crops and evolution of glyphosate-resistant weeds are the main drivers to glyphosate consumption growth in 2004~2008. Capturing only 4.15% or so world glyphosate consumption, Africa is a small market for glyphosate. Limited by the undeveloped economy, glyphosate consumption will grow slowly in the region in the next 5 years.
Character of CCM' Report: The aim of this report is to provide powerful assistance to the strategy group and the management team in making correct decision as how to penetrate the ever-increasing China market and how to catch the maximum commercial opportunities. The report is formulated independently by CCM’s professional market researchers, based on the first-hand and primary data which are analyzed by scientific methodology, confirmed with both manufacturers/end users/traders and legal authorities, and presented in a logic way.
Sample pages：
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II
Global supply & demand of glyphosate
II-1 Supply situation - Glyphosate technical The glyphosate industry is undergoing changes in structure and operation in a way and at a speed that has not been witnessed previously. The drivers for such change have arisen from two main common themes namely regionalisation and brisk demand. Over XX glyphosate technical producers are distributed in China, with only X X outside China. Table II-1.1 shows the 2008 world rankings for glyphosate producers based on capacity. Table II-1.1 Key players of glyphosate technical in the world, ‘000 tonnes PMIDA Glyphosate producers
Source
Production 2008
Glyphosate technical
Captive
Outsourcing
Capacity
Production
2009
2008
Chinese (about 50 producers) Monsanto (US,
,
,B
e,
)
Total
- Glyphosate formulation Monsanto is the leading glyphosate formulation producer in the world, taking up XXX of the market share. Table II-1.2 Key players of glyphosate formulation in the world (convert to 95% technical, ‘000 tonnes) Key suppliers
Brand
Monsanto
Roundup
Nufarm
Credit
Total
-
Sales ($billion)
Sales volume ‘08
Share
II-2 Demand situation II-2.2 Distribution …… CCM International divides the investigation area in this report into North America, South America, Europe, Asia Pacific and Africa to research on the distribution of glyphosate. As there is no glyphosate consumed in Antarctica, Antarctica is not considered here. The most important glyphosate consumers are North America and South America, with the two totally consuming XXX tonnes glyphosate, accounting for XXX of world’s total in 2008. Table II-2.2.2 Major used field and characters of glyphosate consumption in different area Area
Major fields
Characteristics -
South America Europe
-
Asia Pacific
-
Africa
-
…… III-4 North America III-4.1
USA
…… There are dozens of glyphosate brands from more than xx companies in the United States, such as Roundup, Touchdown, xxx, xxx, xxx, xxx, xxx, xxx, xxx, xxx, xxx, etc. Table III-4.1.1.1 Basic information of key glyphosate producers in USA Key supplier Monsanto Mey
Technical capacity (t/a)
Brand
Market share
‌‌ III-4.1.2 Glyphosate consumption Glyphosate use in the United States is increasing rapidly with the introduction of glyphosate-resistant (Roundup-Ready) crops and the development of glyphosate-resistant weeds. The glyphosate consumption in USA is rising stably year on year, and the CAGR reached XXX from 2004~2008. And the growth rate still maintained at XXX in 2008, which indicated a flourishing glyphosate demand. Table III-4.1.2.2 Glyphosate consumption in major crops in USA, 2004-2008 (converted to 95% technical, tonne) Year
Corn
Soybean
Wheat
Cotton
Sorghum
Orchard
Rapeseed
Beet
Others
Total
2004 2005 2006 2007 2008
Table III-4.1.2.3 Glyphosate consumption in different growing periods of major crops, 2008 (converted to 95% technical, tonne) Crops Corn Soybean Wheat Cotton Sorghum Rapeseed Beet
Pre-seeding
Pre-emergence
Post-emergence
Total
Table III-4.1.2.4 Glyphosate consumption in major orchard, 2008 Area applied,
Applications,
Rate per application,
Rate per crop
Total applied (converted
percent
number
kg per ha
year, kg per ha
to 95% technical, tonne)
Apple
XX
XX
XX
XX
XX
Pear
XX
XX
XX
XX
XX
Orange
XX
XX
XX
XX
XX
Grape
XX
XX
XX
XX
XX
Orchard
IV
Flow of glyphosate in global market and future trend
IV-1 Trade situation in major countries
…… Table IV -1.2.1 Destinations of U.S. glyphosate and PMIDA, 2008 (tonne) Destination Belgium Argentina
Total
……
PMIDA
Gly. Tech.
41% IPA
62% IPA
Other formulations
Figure IV-1.2 Major overseas importers of Chinese glyphosate technical and PMIDA, 2008
V
Price of glyphosate in international market and its future trend
Figure V-2 Influencing factors on glyphosate technical price
price of imported chinese glyphosate Import tariff Price of leading brand Supply and demand Raw materials 0%
10%
20%
30%
40%
50%
60%
70%
80%
Very important
Relatively important
Ralevant but not obviously important
Not at all important
Not sure
90% 100%
VI-2 Future prospect of global glyphosate industry VI-1.1 Driven forces Figure VI-1.1.1 Growth rates of glyphosate consumption and related drivers, 2004-2008 40.00% 30.00% 20.00% 10.00% 0.00% 2004
2005
2006
2007
2008
-10.00% Global glyphosaet consum ption Global harvested area Herbicide tolerance+Herbicide tolerance/Insect resistance No-tillarge*
Table VI-1.1.1 No-till situation in different regions, 2008 Harvested area,
No-till area,
Share in
Share of
million hectares
million hectares
harvested area
no-till area
Area South America
xxx
49.00
xxx
xxx
North America
xxx
xxx
xxx
xxx
Asia Pacific
xxx
xxx
xxx
xxx
Europe
xxx
xxx
xxx
xxx
Africa
xxx
xxx
xxx
xxx
Global
xxx
xxx
xxx
xxx
Table VI-1.1.2 Comparison of glyphosate, paraquat and glufosinate Title
Glyphosate
Paraquat
Glufosinate
Price consumption per acre
xxx
xxx
xxx
Capacity
xxx
xxx
xxx
Technology
xxx
xxx
xxx
Resistant crops
xxx
xxx
xxx
Effect
xxx
xxx
xxx
Figure VI-2.3 Forecast of growth rate of glyphosate demand in different area, 2009-2014 60.00% 50.00% 40.00% 30.00% 20.00% 10.00% 0.00% 2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
-10.00% North Am erica
South Am erica
Europe
Asia Pacific
Africa
VII Conclusion and Recommendation
China will keep the position as key glyphosate technical supplier
China has taken up xx% of glyphosate technical market share in the world, with current capacity of over xxt/a. It is unlikely for overseas producers to newly engage in glyphosate technical production or expand capacity. China will keep the position as key glyphosate technical supplier in the world.
……