Global agchem sales up 8% in 2012
Growth in all regions resulted in global agrochemical revenues rising by 8.2% to $49,935 million at the manufacturer level in 2012, according to UK consultancies Agranova and Cropnosis. Latin America was the only region to record double-digit growth last year, while other regions showed similar levels of expansion of about 6-7%. Combined sales in Latin America and Asia accounted for 49% of the total, while North America and Europe made up 44%. They were the same proportions as seen in 2011 ( Agrow No 639, p 22).