According to data from China Customs, China exported 72,291.12 tons of 341,186.38 tons of herbicide formulations between January and February 2025, marking a 5% year-on-year increase in volume. However, export value declined by 1%, totaling USD 777 million, due to a 6% drop in average unit price.
Breakdown by Month:
January 2025:
- Export Volume: 208,609.51 tons (+21% YoY)
- Export Value: USD 490 million (+18% YoY)
- Average Unit Price: $2,353.06/ton (–3% YoY)
- Top Destinations by Volume:
- Australia – 20,891.39 tons
- United States – 20,766.73 tons
- Ghana – 15,968.19 tons
February 2025:
- Export Volume: 132,576.87 tons (–13% YoY)
- Export Value: USD 286 million (–23% YoY)
- Average Unit Price: USD 2,160.25/ton (–11% YoY)
- Top Destinations by Volume:
- Nigeria – 12,141.63 tons
- Ghana – 11,052.64 tons
- Australia – 10,843.77 tons
The sharp February downturn might indicate seasonal volatility, or could hint at overstocking and inventory digestion following a strong January.
