The export volume of glyphosate A.I. in 2012 increased by 26% over 2011, mainlyattributed to the high export growth of glyphosate technical and glyphosate formulations.
PMIDA, Glyphosate technical, Glyphosate formulations, Export, Market dynamicsContributed by the high export growth of glyphosate technical and formulations, China's exportvolume of glyphosate A.I. in 2012 witnessed a big increase, up by about 26% over 2011.Export volumeAccording to CCM's statistics, China has exported about 387,283 tonnes of glyphosate A.I. (asper 100% glyphosate acid) in 2012, including 245,876 tonnes of glyphosate acid technical,336,008 tonnes of glyphosate formulations and 40,000 tonnes of glyphosate PMIDA (FIGURE9).In comparison, the export volume of glyphosate A.I. in 2012 increased by 26% over 2011,mainly attributed to the high export growth of glyphosate technical and glyphosate formulations.The export volume of glyphosate technical and glyphosate formulations in 2012 enjoyed a highgrowth rate of 29% and 24% respectively over 2011, whereas the export volume of PMIDAremained stable over 2011. In detail, the export volume growth of glyphosate 75.7% WSGexperienced the highest figure in 2012, up by 184% over 2011. However, glyphosate 41% IPAstill enjoyed the largest export volume in glyphosate formulations, accounting for about 66% ofthe total in 2012.The export growth of glyphosate A.I. in 2012 reflected a rebound in overseas demand forglyphosate due to the rising adoption of glyphosate-resistant GM crops. Furthermore, theimproved quality of Chinese glyphosate formulations has raised the acceptance of Chineseglyphosate formulations in overseas market.
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