A New Growth Point of Abamectin Family in China
As the abamectin market matured gradually and product categories of abamectin derivatives increased, abamectin will develop from a product into a complete product line, with production and sales further expanded and the price more stable, especially abamectin emamectin benzoate will become a new growth point of the market. Abamectin insecticide is broad-spectrum and high-efficiency as well as it can be used by mixing with most pesticides, which not only expands the insecticidal spectrum but also improves control effect and insecticidal speed, considered as one of the largest consumption and the most wide use insecticides in China at present. Abamectin production and sales have been steadily rising in recent years. Since 1995, abamectin original drugs have been increasing at an annual rate of around 50%. In 2008, China’s Ministry of Agriculture recommends abamectina as a substitute into the rice market, so many manufacturers have introduced series products of abamectin and emamectin benzoate to seize and occupy the rice insecticide market.
In 2009, due to more crop pests, abamectin manufacturers expand production capacity to meet market demand. Among them, the market demand for abamectin is greater in the first half year while declines in the second half year, with the actual production and sales of about 1,800 tons from January to August in 2010. Total demand for the year still grows, with an increase of more than 30% and an increment of about 2,400 tons. China is the largest producer and exporter of abamectin. This year, India, Thailand, Vietnam and other countries have increased imports of abamectin from China, more than one hundred tons. China is expected to further increase the number of exports. In terms of product categories, since abamectin is versatile and in large quantities, its series products such as insecticide, miticide, insect repellents of dual-use for crops and livestock and family health drugs will have a place in the future pesticide market . Currently, abamectin prices have experienced a rise after a long slump in China. However, industry insiders believe that abamectin prices are too underpowered to continue a bullish market outlook, and the overall market trends to stabilize.
As an emerging industrial system of pesticides, abamectin derivatives, such as ivermectin, acetyl abamectins, abamectin milbemectin, emamectin benzoate and other products, can be used in the prevention and control of a variety of important crops pests. With the emamectin benzoate and other products large-scale use in the rice, these products have opened up the abamectin market, and emamectin benzoate is expected to occupy a larger market space in the future.
Although abamectin has many advantages, it was still not popular a few years ago for higher toxicity and easy residues. It is understood that large dosage, excessive residues and strong pest resistance have appeared in some regions throughout China because of unreasonable dosage and usage. And most abamectin formulations are emulsifiable concentrate with a larger dosage of organic solvents, which not only increases the product cost, but also against environmental protection. However, abamectin emamectin benzoate is a high-efficient, low-toxicity and green bio-pesticide with high activity, low residue, low toxicity, excellent security and advanced formulations. According to statistics, there are 22 manufacturers registering to produce original drug in China; 227 manufacturers are relevant to emamectin benzoate; about 400 formulation permits are relevant to emamectin benzoate registration. Maximum content of emamectin benzoate single dose is of 5%. China’s actual production capacity of emamectin benzoate has increased to about 1,450 tons in 2009, with actual production and sales of 750 tons from January to August, about double compared to 2008. Currently, more than 30% of abamectin original drug have been used for the production of emamectin benzoate. With the promotion by the plant protection department and distributors, abamectin emamectin benzoate is expected to have a more promising market in the future.