1.Overall Export Situation

In the second quarter of 2024, the export value of pesticides was 15.294 billion yuan, and the export quantity was 762,800 tons.
Among them, the export value of TC was 5.135 billion yuan, and the export quantity was 308,000 tons. The export value of formulations was 9.959 billion yuan, and the export quantity was 454,800 tons.
The export value in the second quarter was 1.335 billion yuan more than that in the first quarter, the export quantity was 66,700 tons more, and the average export price remained unchanged. This shows that the overall export environment in the first half of 2024 has not changed dramatically.

2.Exports by Category

The export situation in each month of the second quarter did not fluctuate much.

Herbicides - The export value was 9.417 billion yuan (accounting for 61.58%), and the export quantity was 557,000 tons (accounting for 73.06%).
Insecticides - The export value was 3.858 billion yuan (accounting for 25.22%), and the export quantity was 135,000 tons (accounting for 17.71%).
Fungicides - The export value was 1.799 billion yuan (accounting for 11.76%), and the export quantity was 58,000 tons (accounting for 7.66%).
Plant growth regulators - The export value was 220 million yuan (accounting for 1.44%), and the export quantity was 12,000 tons (accounting for 1.56%).
From the perspective of price response, the added value of herbicides and plant growth regulators is significantly lower than that of insecticides and fungicides.

3. Specific situation by category

3.1 Herbicides

In the second quarter, the export quantity of herbicide TC was 242,200 tons, with an export value of 3.489 billion yuan, and the average export price was stable from April to June.
The export quantity of formulations was 315,100 tons, with an export value of 5.928 billion yuan, and the average export price increased month by month.

3.2 racun serangga

In the second quarter, the export of insecticide was relatively stable.
The export quantity of insecticide TC was 32,900 tons, with an export value of 1.05 billion yuan, and the average export price was stable from April to June;
The export quantity of formulations was 102,200 tons, with an export value of 2.808 billion yuan, and the average export price was stable from April to June.

3.3 Fungicides

In the second quarter, The export quantity of fungicide TC was 23,900 tons , with an export value of 671 million yuan, and the average export price was relatively stable at 27,000-29,000 yuan/ton;
The export quantity of formulations was 34,600 tons, with an export value of 1.128 billion yuan, and the average export price was between 31,000-34,000 yuan/ton

3.4 Plant Growth Regulators

In the second quarter, the export of plant growth regulator TC was 9,000 tons, with an export value of 125 million yuan, and the average export price dropped from 15,000 yuan/ton in April to 12,000 yuan/ton;
The export of formulations was 3,000 tons, with an export value of 95 million yuan, and the average export price rose from 31,000 yuan/ton in April to 36,000 yuan/ton.

1.Overall Export Situation

In the second quarter of 2024, the export value of pesticides was 15.294 billion yuan, and the export quantity was 762,800 tons.
Among them, the export value of TC was 5.135 billion yuan, and the export quantity was 308,000 tons. The export value of formulations was 9.959 billion yuan, and the export quantity was 454,800 tons.
The export value in the second quarter was 1.335 billion yuan more than that in the first quarter, the export quantity was 66,700 tons more, and the average export price remained unchanged. This shows that the overall export environment in the first half of 2024 has not changed dramatically.
2.Exports by Category
The export situation in each month of the second quarter did not fluctuate much.
Herbicides - The export value was 9.417 billion yuan (accounting for 61.58%), and the export quantity was 557,000 tons (accounting for 73.06%).
Insecticides - The export value was 3.858 billion yuan (accounting for 25.22%), and the export quantity was 135,000 tons (accounting for 17.71%).
Fungicides - The export value was 1.799 billion yuan (accounting for 11.76%), and the export quantity was 58,000 tons (accounting for 7.66%).
Plant growth regulators - The export value was 220 million yuan (accounting for 1.44%), and the export quantity was 12,000 tons (accounting for 1.56%).
From the perspective of price response, the added value of herbicides and plant growth regulators is significantly lower than that of insecticides and fungicides.
3. Specific situation by category
3.1 Herbicides
In the second quarter, the export quantity of herbicide TC was 242,200 tons, with an export value of 3.489 billion yuan, and the average export price was stable from April to June.
The export quantity of formulations was 315,100 tons, with an export value of 5.928 billion yuan, and the average export price increased month by month.
3.2 racun serangga
In the second quarter, the export of insecticide was relatively stable.
The export quantity of insecticide TC was 32,900 tons, with an export value of 1.05 billion yuan, and the average export price was stable from April to June;
The export quantity of formulations was 102,200 tons, with an export value of 2.808 billion yuan, and the average export price was stable from April to June.
3.3 Fungicides
In the second quarter, The export quantity of fungicide TC was 23,900 tons , with an export value of 671 million yuan, and the average export price was relatively stable at 27,000-29,000 yuan/ton;
The export quantity of formulations was 34,600 tons, with an export value of 1.128 billion yuan, and the average export price was between 31,000-34,000 yuan/ton
3.4 Plant Growth Regulators
In the second quarter, the export of plant growth regulator TC was 9,000 tons, with an export value of 125 million yuan, and the average export price dropped from 15,000 yuan/ton in April to 12,000 yuan/ton;
The export of formulations was 3,000 tons, with an export value of 95 million yuan, and the average export price rose from 31,000 yuan/ton in April to 36,000 yuan/ton.