Brazil agchem market trebled in 2000s
Sales of pesticides had increased almost three-fold from 2000 to 2010 in Brazil, official news agency Agencia Brasil reports. It cites a study from the Ministry of Health’s national health surveillance agency, the Anvisa. That study revealed earlier this month that the market had risen to some $7,300 million in 2010. The Brazilian agrochemical market is “deeply concentrated” among few companies, with the ten largest accounting for around three-quarters of sales, it adds. The six majors made up some 66%. The study also reveals that 45% of the Brazilian market was made up of herbicide sales, and just 14% of fungicides, some 12% insecticides, and 2% were sales of acaricides. The herbicide, glyphosate, accounted comfortably for over a quarter (29%) of the market. Sales of agrochemicals rose by double digits again last year to over $9,000 million ( Agrow No 662, p 21).