Scale Change of Biopesticide Industry in China

According to the National Bureau of Statistics, in recent years, the main business income, total profit, and operation margin of enterprises above designated size (annual output value of more than RMB 20 million) in China’s biological pesticide industry.
From 2014 to 2016, the scale of China’s biopesticide industry gradually expanded, the number of enterprises above designated size increased steadily, and the corresponding main business income and total profit continued to increase. In 2017, China implemented new regulations and policies on pesticide industry, transformation of market supply and demand structure, integration and optimization of industry resources, and upgrading of environmental protection and safety supervision. The domestic market showed great changes, resulting in a downward trend of China’s biopesticide industry in 2017 and 2018. It gradually recovered in 2019, especially the total profit of enterprises above designated size has recovered to the level of 2017. At the same time, the operating margin of biopesticide industry has reached the highest point in recent years.

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