As the world most populated continent with largest agriculture cultivated land, Asian agrochemical market value reached USD$14 billion, accounting for 34% of the global market. China and India are both world large pesticide producer and exporter, and Asia is also China’s largest export market. According to ICAMA, China exported over 580 thousand tons pesticides to Asian countries in 2014, and export value reached USD$ 2.968 billion covering 34% of the total, up 12.25%. Among China’s top 10 export markets, half are from Asia. Thailand, as China’s second largest formulation export country, imported 92.8 thousand tons of formulations from China in 2014, and her total import pesticide value from China reached USD$400 million.
With the implementation of "One Belt and One Road"(referring to the "Silk Road Economic Belt" and the "21st Century Maritime Silk Road”), agriculture development and coordination is bound to boom, which will prosper the economic & trade exchange and investment & cooperation of agrochemical products, equipments and technologies among Asian countries to a brand-new level.
CAC Asia Summit was held successfully in Mumbai（2010&2011）, Bangkok（2012&2013） and Jakarta（2014）with high reputation and strong influence in Thailand and Asian countries. It had over 300 agrochemical exhibiting companies from China, India, Thailand, Vietnam Indonesia, Malaysia, Australia and UK, and attracted more than 1000 professional visitors from over 50 countries and regions, becoming a well-known international agrochemical trade platform in Asia.
The 4th CAC Asia Summit returns to Thailand again. Thailand is a traditional agricultural country, whose pesticides mainly depend on import. Its pesticide import value accounts for 80% of the total market value, and keeps an annual growth rate of 11.1%. Thailand, with superior geographical advantages and convenient traffic, connects the surrounding countries including Malaysia, Myanmar, Laos, Cambodia, Indonesia and Vietnam. Supported by TABA, HMPN, PMFAI, VIPA, 4th CAC Asia Summit will enhance the communication and cooperation, and combine the synergy of the Agrochemical Industry.
