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WORLD'S LARGEST CROP PROTECTION COMPANIES RANKED
Oct. 17, 2022
by Liao Wang, Editor of AgroPage
Several days ago, AgroPages released its ″Top 20 Global Agrochemical Companies of 2021″ list. Looking at the list, all top 20 companies achieved growth amidst the repercussions of the COVID-19 pandemic and the complex international situation. On the list of top 20 companies, 17 achieved double-digit growth while nearly half achieved a 30% growth in business turnover.
The total pesticide sales of the top 20 companies in 2021 reached $72.569 billion, up 18.68% year-on-year, compared with $61.145 billion in 2020. The first-tier agrochemical giants,
Syngenta, Bayer CropScience, BASF and Corteva, accounted for 54.71% of the total sales in the top 20, while the business turnover of 16 companies exceeded $1 billion, accounting for a nearly 95% of total sales.
In 2021, 12 Chinese companies were ranked in the top 20, with sales totaling $29.117 billion, accounting for 40% of the total sales of the top 20. The newly ranked Chinese companies include Fuhua and Hebang. In terms of growth rate, Fuhua and Hebang achieved growth rates of 126.41% and 86.9%, respectively, staying in the front rankings of the top 20 list.
To read the entire report click here.
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