Company News Bioinputs market moves $827 million in Brazil
09/11/23

Bioinputs market moves $827 million in Brazil

tractor spraying soybean

FarmTrak’s bioinputs survey highlighted a leap of 51% in bioinputs value during harvest year 2022-3, moving the Brazilian bioinputs market to US$827 million, from $547 million in the previous harvest year.

Market Importance - Biologicals
Total Market - Biologicals

bioinputs-brazil-graph-1

Indications in %. Basic per indicators

As well as growing in value, biological pesticides also advanced in market share from 3.6% to 4% of the total transactions in the entire crop protection sector, which rose from $15.071 billion to $20.772 billion, a growth of nearly 38% in US currency.
Market Importance - Chemical and Biological
Total Market - Crop Protection Products

bioinputs-brazil-graph-2

Indications in %. Basic per indicators

Drilling down into product category use, we see that bionematicides and bioinsecticides dominate with 35% share and sales of $291 million and $286 million, respectively. Bioinoculants accounted for 17% of the total $140 million. Biofungicides represented 13% of the market or $111 million.
Market Importance - Biologicals
Total Market - Biologicals

bioinputs-brazil-graph-3

Indications in %. Basic per indicators

In terms of area treated, biologicals were used in 33% of the planted area of soybeans (112 million hectares), in addition to covering 50% of sugarcane (4.6 million hectares) and 40% of second-crop corn (6.6 million hectares).

They also reached 899,000 hectares of summer corn and 1.046 million hectares of cotton, corresponding to 20% and 66% of these crops, respectively.

Quote

The area treated with biological products had registered significant growth in the main crops in the 2022-23 period. Second-crop corn has seen biological product use rise from 20% to 40%, and continues to evolve harvest to harvest. Bioinputs treated an area equivalent to 112.831 million hectares in the 2022-23 period, in the central producing regions in Brazil, compared to 94.736 million hectares in the 2021-22 harvest. Soybeans accounted for 69% of the total biological PAT (product area treated) of 77.108 million hectares. Second crop corn accounted for 18% of the total or 20.6 million hectares, and sugarcane, 7% or 7.5 million hectares.
Lucas Alves, Account Manager and Research Specialist

The study also included cotton, coffee, fruits and vegetables, rice, peanuts, and other crops.

Additional farmer-driven insights on the biopesticide market are available via Kynetec’s BioLogika online platform.

Visit www.kynetec.com/biologika

For further information contact

Lucas Alves

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