Sales by Leading Pesticide Companies Declined in 1992
November 4, 1993
Seven of the world's ten leading pesticide
producers saw their sales decline in 1992 (in national
currencies). Swiss-based Ciba-Geigy led the world
market in pesticide sales once again. In general,
European countries did poorly last year, largely
because of the decline in the West European market.
Sandoz was the only European company that increased
its sales; German companies overall averaged an 8.5%
decline in sales. The performance of European
companies was slightly stronger in U.S. dollars.
Japanese companies had mixed results in yen terms, but
increased sales in dollar terms.
Rankings of top ten companies showed some
changes: Du Pont and Monsanto moved up to fourth and
sixth place, taking the positions of Bayer and
DowElanco, respectively. Possible consolidations would
shift these rankings again in the near future:
American Cyanamid will likely rise to seventh place
after acquiring Shell's agrochemical business, and a
possible joint venture between Hoechst and Schering
could boost the new company to second or third place.
Top 15 Agrochemical Companies
Rank Company '92 agchem sales % change
(US$ mill.) from '91
1 Ciba-Geigy 2,940 + 0.7
2 ICI 2,362 - 2.1
3 Rhne-Poulenc 1,939 - 1.0
4 Du Pont 1,930 + 9.2
5 Bayer 1,921 - 0.3
6 Monsanto 1,647 + 6.2
7 DowElanco 1,580 - 0.8
8 Hoechst 1,359 + 0.2
9 BASF 1,185 - 3.3
10 American Cyanamid 1,000 +12.4
11 Sandoz 874 + 8.4
12 Schering 818 -10.9
13 Shell 700 -10.9
14 FMC 455 + 2.2
15 Kumiai 437 + 7.9
Source: Agrow, August 20, 1993.
Contact: PANNA
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