India - Herbicides - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHerbicide Price in India - 2023
Contents:
- Herbicide Price in India (FOB) - 2023
- Herbicide Price in India (CIF) - 2023
- Herbicide Exports in India
- Herbicide Imports in India
Herbicide Price in India (FOB) - 2023
In July 2023, the average herbicide export price amounted to $11,180 per ton, reducing by -11% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 22% month-to-month. The export price peaked at $12,568 per ton in June 2023, and then fell in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($71,902 per ton), while the average price for exports to Cote d'Ivoire ($1,965 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Herbicide Price in India (CIF) - 2023
In July 2023, the average herbicide import price amounted to $4,573 per ton, shrinking by -22.1% against the previous month. In general, the import price saw a noticeable descent. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 46% against the previous month. As a result, import price reached the peak level of $12,886 per ton. From February 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($7,891 per ton), while the price for Taiwan (Chinese) ($2,741 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Israel (+0.5%), while the prices for the other major suppliers experienced a decline.
Herbicide Exports in India
In 2022, after three years of growth, there was significant decline in shipments abroad of herbicides, when their volume decreased by -41.4% to 204K tons. In general, exports showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 41% against the previous year. As a result, the exports attained the peak of 349K tons, and then fell notably in the following year.
In value terms, herbicide exports declined markedly to $2.2B in 2022. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. As a result, the exports attained the peak of $3.3B, and then shrank remarkably in the following year.
Export of Herbicide in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 473 | 443 | 590 | 966 | 26.9% |
Brazil | 116 | 182 | 260 | 292 | 36.0% |
Argentina | 77.3 | 65.8 | 88.6 | 107 | 11.4% |
Australia | 30.4 | 56.2 | 47.4 | 81.5 | 38.9% |
Belgium | 21.8 | 26.9 | 57.8 | 69.8 | 47.4% |
France | 35.3 | 35.2 | 36.6 | 64.2 | 22.1% |
United Kingdom | 16.3 | 22.7 | 52.1 | 53.2 | 48.3% |
Indonesia | 17.0 | 10.4 | 20.2 | 43.6 | 36.9% |
Israel | 30.6 | 36.3 | 18.7 | 37.8 | 7.3% |
Turkey | 10.8 | 12.8 | 15.8 | 23.9 | 30.3% |
Thailand | 6.8 | 7.4 | 16.9 | 17.7 | 37.6% |
South Africa | 15.7 | 15.9 | 26.4 | 16.5 | 1.7% |
Ethiopia | 17.8 | 8.9 | 10.3 | 6.7 | -27.8% |
Others | 1,400 | 1,572 | 2,014 | 468 | -30.6% |
Total | 2,269 | 2,496 | 3,255 | 2,247 | -0.3% |
Top Export Markets for Herbicide from India in 2022:
- United States (70.1K tons)
- Brazil (31.1K tons)
- Australia (13.4K tons)
- Argentina (9.0K tons)
- France (4.5K tons)
- Thailand (4.4K tons)
- Turkey (4.1K tons)
- Belgium (3.7K tons)
- United Kingdom (3.6K tons)
- Indonesia (3.2K tons)
- Israel (2.9K tons)
- South Africa (2.6K tons)
- Ethiopia (1.8K tons)
Herbicide Imports in India
After three years of growth, supplies from abroad of herbicides decreased by -53.2% to 46K tons in 2022. Overall, imports recorded a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 38%.
In value terms, herbicide imports declined markedly to $442M in 2022. Over the period under review, imports, however, posted noticeable growth. The growth pace was the most rapid in 2021 with an increase of 43%. As a result, imports attained the peak of $796M, and then fell remarkably in the following year.
Import of Herbicide in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 59.3 | 75.5 | 123 | 205 | 51.2% |
Japan | 27.3 | 23.0 | 33.2 | 53.9 | 25.5% |
Israel | 34.0 | 43.9 | 58.9 | 51.2 | 14.6% |
United States | 26.7 | 33.4 | 47.9 | 40.5 | 14.9% |
United Kingdom | 10.1 | 8.7 | 11.9 | 15.4 | 15.1% |
Taiwan (Chinese) | 3.3 | 10.3 | 9.1 | 11.3 | 50.7% |
Italy | 3.3 | 5.4 | 7.2 | 7.7 | 32.6% |
Germany | 20.3 | 47.7 | 39.5 | 5.4 | -35.7% |
Others | 216 | 309 | 465 | 51.9 | -37.8% |
Total | 401 | 557 | 796 | 442 | 3.3% |
Top Suppliers of Herbicide to India in 2022:
- China (26.7K tons)
- Israel (6.4K tons)
- Taiwan (Chinese) (2.7K tons)
- United Kingdom (2.2K tons)
- United States (2.0K tons)
- Japan (1.8K tons)
- Italy (1.5K tons)
- Germany (0.2K tons)
This report provides an in-depth analysis of the herbicide market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20201220 - Herbicides based on phenoxy-phytohormone products, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201230 - Herbicides based on triazines, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201240 - Herbicides based on amides, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201250 - Herbicides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201260 - Herbicides based on dinitroanilines derivatives, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201270 - Herbicides based on urea, uracil and sulphonylurea, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201290 - Herbicides p.r.s. or as preparations/articles excluding based on phenoxy-phytohormones, triazines, amides, carbamates, d initroanaline derivatives, urea, uracil, sulphonylurea
- Prodcom 20201350 - Anti-sprouting products put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201370 - Plant-growth regulators put up in forms or packings for retail sale or as preparations or articles
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In May 2023, Herbicide exports experienced a significant growth rate of 28% compared to the previous month. By October 2023, the value of Herbicide exports reached $118M, showcasing a remarkable increase in sales.
In March 2023, there was a significant rate of growth as exports increased by 36% compared to the previous month. In terms of value, Fungicide and Bactericide exports slightly rose to $73M in July 2023.
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In February 2023, the insecticide price amounted to $10,741 per ton (FOB, India), waning by -7.2% against the previous month.
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