FLOURISHING FIELDS
Beyond Market|January, 2024
Despite near-term hurdles like weather woes and Chinese dumping, India's agrochemical sector boasts robust long-term growth potential
FLOURISHING FIELDS

The global agrochemical sector is facing a downturn, impacted by elevated channel inventories, low product prices, and muted demand. This ripple effect is expected to hit Indian players as well, with revenue and profits of listed companies likely to decline for the first time in a decade in the current fiscal year.

Year 2022 saw inflated agrochemical prices, followed by an aggressive channel destocking in 2023. However, recent dumping by Chinese agrochemical companies has not only reversed these efforts but also raised concerns that it would take another six to nine months for channel inventory to get normalized.

So, will this impact India’s agrochemical sector? The answer is yes, in the near term. Uncertain weather conditions and Chinese dumping pose present challenges. However, despite these headwinds, the long-term growth prospects of India’s agrochemical sector remain robust, supported by several key growth levers.

India is poised to capture a larger share of the thriving global agrochemical market on the back of a numerous factors.

CONSOLIDATION

The global agrochemical industry is oligopolistic, with a handful of companies garnering most revenue. Consolidation appears to be occurring in the sector, with numerous mergers and acquisitions announced in recent years. Given its world-class manufacturing, innovation, and quality capabilities, India is best positioned to enter into strategic partnerships with global giants.

GLOBAL DEMAND

この蚘事は Beyond Market の January, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Beyond Market の January, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

BEYOND MARKETのその他の蚘事すべお衚瀺
PRUDENT PRACTICES
Beyond Market

PRUDENT PRACTICES

Banks worldwide navigate a complex balancing act, steering economies toward growth while safeguarding financial stability through thoughtful management of interest rates and credit risks

time-read
6 分  |
August 2024
RETAIN ROULETTE
Beyond Market

RETAIN ROULETTE

Inexperienced investors spin the market wheel, chasing dizzying valuations and risking a bubble burst

time-read
5 分  |
August 2024
UNRAVELED THREADS
Beyond Market

UNRAVELED THREADS

Bangladesh's crisis disrupts global textiles, offering India a potential opportunity, but production constraints limit its gains

time-read
4 分  |
August 2024
PASSING THE BATON
Beyond Market

PASSING THE BATON

Succession planning helps ensure uninterrupted leadership

time-read
4 分  |
August 2024
RISKY BUSINESS?
Beyond Market

RISKY BUSINESS?

SEBI's efforts to protect retail investors from derivatives market risks could inadvertently dampen market volumes

time-read
5 分  |
August 2024
INFLATION-PROOF YOUR CHILD'S FUTURE
Beyond Market

INFLATION-PROOF YOUR CHILD'S FUTURE

Inflation might be stealing your child's future, but children's mutual funds can be their superhero

time-read
6 分  |
August 2024
EMBRACE UNCERTAINTY, SAYS MARKS
Beyond Market

EMBRACE UNCERTAINTY, SAYS MARKS

Howard Marks urges investors to embrace uncertainty, long-term thinking, and focus on controllables, shunning in his memo “The Folly of Certainty”

time-read
7 分  |
August 2024
IMPORTANT JARGON
Beyond Market

IMPORTANT JARGON

70% OF INDIVIDUAL INTRADAY TRADERS IN THE EQUITY CASH SEGMENT MAKE LOSSES, FINDS SEBI STUDY

time-read
4 分  |
August 2024
AN ASCENT T'O NEW HEIGHTS
Beyond Market

AN ASCENT T'O NEW HEIGHTS

The IMF predicts India's economy to reach 55 trillion by 2047, driven by various economic indicators showing positive growth and government initiatives

time-read
5 分  |
August 2024
CARRY TRADE CRASH: GLOBAL MARKETS REEL
Beyond Market

CARRY TRADE CRASH: GLOBAL MARKETS REEL

Japan’s Policy Shift Sends Shockwaves Through Global Markets, Including India, as Yen Carry Trade Disintegrates

time-read
4 分  |
August 2024