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General
- Agrichemical (or
agrochemical), a contraction of agricultural chemical, is a generic
term for the various chemical products used in agriculture.
- Agrichemical
refers to the broad range of insecticides, herbicides, and
fungicides, but it may also include synthetic fertilizers, hormones
and other chemical growth agents, and concentrated stores of raw
animal manure.
Process
- The Research and
Development process within the agrochemical industry encompasses
both the discovery of new agrochemical products and the research,
developmental and regulatory processes associated in managing and
maintaining the commercial and regulatory status of the products of
each company following their introduction.
- Laboratory
simulations can be done by Environmental assessment process for
measuring release and toxicity of residual agrochemicals is
performed.
- The measurement
of agrochemicals in waters and soils is expensive, which inhibits
monitoring, resulting in increased risk to agriculture and the
wider, natural environment.
Applications
- Agrochemical
treatments consisted of single or multiple applications integrated
into a commercial spray programme.
-
Agrochemicals play a decisive role in determining the profitability
and incomes of small-scale farmers in the tree fruits sub-sector.
-
Agro-chemicals application was encouraged through subsidies, tax
incentives and agricultural extension programmes leading to
increased outputs and was adopted as the quickest path to food
self-sufficiency.
Market
-
Pesticides are the
last input in the Agricultural operation, which protects all the
other inputs, when significant investment is already done.
- The
agrochemical market had been relatively static for almost 20
years, increasing in line with inflation.
- Herbicides
accounted for 45.4% of the agrochemical market, followed by
insecticides 27.5%, fungicides 21.7% and other products 5.4%(4).
- The global
agrochemical market increased by 6.2% in nominal dollar
terms, to be valued at $26,710 million, although in euro
terms this correlated to a decline of 11.1% to €23,638 million.
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