Latin American agrochemical supercycle endures despite regulators
The year started with news of the continuing rebound in Brazilian agrochemical sales on an already record 2009, and confidence of better things to come. The industry reported record sales of over $7,200 million for 2010. By late in the fourth quarter of 2011, the sector’s sales were rising at 10% above the previous year and were on target to top $8,000 million. Official figures also noted a boom in imports, rising some 14% for the major part of the year.