The “Top 20 Global Agrochemical Companies of 2021” study published by the online platform AgropPages highlights the good financial health of the world’s top twenty agrochemical companies, 17 having achieved double-digit growth while almost half achieved a 30% growth in turnover in 2021.
Growth achieved in a difficult environment with the disruption of supply chains, the lack and high cost of freight, the rise in the price of chemical raw materials and energy prices, etc.
AgropPages reports that the top 20 companies’ total pesticide sales in 2021 reached $72.569 billion, up 18.68% year-on-year from $61.145 billion in 2020.
Compared to the 2020 Agropage ranking, the top 11 companies remain in the lead. Tier one agrochemical giants Syngenta, Bayer CropScience, BASF and Corteva accounted for 54.71% of total sales in the top 20 in 2021. significant increases in their turnover. AgroPages points out that twelve Chinese companies are in the Top 20 with a cumulative turnover of $29.117 billion, or 40% of the total sales of the top 20 companies.
