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Brazil to be the world's largest agchem market
Aug. 14, 2008
The Kleffman group says that US sales reached $6,500 million in 2007, which would have been a rise of 8% on the previous year’s $6,026 million. Sales rose by more than a third in Brazil in 2007 to top $5,300 million.
The US is a “mature market”, in which farmers already apply pesticides intensively, and has less available land for agricultural use, the research group says. Climate plays a role, according to Kelffman Brazil’s president, Lars Schobinger. There is a “much larger” range of diseases and pests to contend with in Brazil due to climatic conditions. “We [Brazilians] have a bigger challenge to control [pests and diseases],” he says. A significant consideration is what Kleffmann calls “the increasingly professional” profile of Brazilian farmers. Mr Schobinger notes several changes boosting the country’s pesticide market. They include: farmers applying insecticide as well fungicide treatments to soybean seeds; applying insecticides on soybeans earlier and more often since the practice of using fungicides to combat Asian soybean rust (Phakopsora pachyrhizi) started; and applying foliar fungicides on 20% of the maize area. The results include a 10% rise in soybean yields in the past three years and a 20% increase for out-of-season maize.
The Brazilian market rose by 15% in the first four months of this year.
Source: Agrow
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