Australian herbicide sales increase significantly

Statistics released by the Australian Pesticide and Veterinary Administration (APVMA) recently showed that Australia’s pesticide product sales totaled 2.42 billion Australian dollars for 2010–2011 (up to June 30, 2011) ($2.62 billion at the current exchange rate), Compared with the same period of last year, it increased by 13%. Herbicides accounted for the largest amount of sales in several categories, accounting for about 52% of total pesticide sales, reaching 1.25 billion Australian dollars (1.35 billion US dollars), a slight increase of 5% over the previous period. Pesticides and fungicides increased significantly. Sales of pesticides increased by 32.6% to A$360 million (US$390 million), and fungicides surged by 46.8% to A$230 million (US$250 million). Domestic insecticides also received an increase of 6.9%, with sales reaching A$140 million (US$156 million), and other categories such as acaricides and growth promoters/regulators have also increased significantly.

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