Mar. 4, 2008
Herbicides remained the largest segment despite relatively slow growth in 2007 (+17.1%). The performance was followed by that of fungicides, which more than doubled to reach Euro 5.3 million. Insecticide sales rose nearly five-fold to Euro 7.1 million.
Herbos' agricultural product sales by value (Euro 000)
2006 % change 2007
Herbicides 11,700 +17.1 13,698
Fungicides 2,500 > 100 5,286
Insecticides 1,500 > 100 7,101
Others 700 -56.1 307
Total 16,400 +60.9 26,392
Sales grew by 55.5% in volume to 2,727 tonnes. Insecticides led the way with a more than four-fold increase, reaching 927 tonnnes. The performance was followed by that of fungicides (+88.6%), amounting to 528 tonnes. Herbicide sales, however, dropped by 12.4% to reach 1,055 tonnes.
Herbos agricultural product sales by volume (tonnes)
2006 % change 2007
Herbicides 1,205 - 12.4 1,055
Fungicides 280 + 88.6 528
Insecticides 204 > 100 927
Others 65 > 100 217
Total 1,754 + 55.5 2,727
outlook
Following the strong growth of 2007, the company plans to further raise domestic sales and exports this year, Agrow's Croatian correspondent reports. Herbos plans to expand its market share in the Balkan area, specifically Bosnia and Herzegovina, Montenegro, Macedonia and Serbia.
Subscribe Email: | * | |
Name: | ||
Mobile Number: | ||
0/1200