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Brazil agchem market tops $11 bn

Agrochemical sales hit some $11,000 million in Brazil last year, according to media reports. "Unofficial figures" point to a 13% rise in the market in 2013, newswire Agrolink reports. It cites a larger crop area, higher prices, the exchange rate with the dollar, and above all the emergence of earworms (Helicoverpa spp) for the record sales. Growers had to buy more and newer products, as well as increase the number of applications, it notes. Insecticides led growth and dominated. Perspectives for 2014 are "positive", with growers earning sufficient to be able to invest, the newswire notes. However, results are not expected to follow the experience of 2013 due to "logistical chaos". The market was growing by over a third in national currency terms in the first nine months of the year, according to the agrochemical trade association, the Sindiveg (Agrow No 679, p 16).

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