Investor Presentaiton
9
2021 Global AgChem Market
Projected to Grow Low-Single Digits
North America Market - Up Low-Single Digits
■ U.S.: Strong commodity prices and acre recovery support grower
volumes for row crop products. Distributors and retailers signal a
strategic reduction of inventory levels. Specialty crop market
projected stable; demand to be determined by pace of economic
recovery.
■ Canada: Outlook for commodity prices trending positive. Some
specialty crop acre growth.
Latin America Market - Up Low-Single Digits
■ Brazil: Slow recovery from pandemic. Expectation of more
stable exchange rate. Market projected to recover AgChem price
losses from 2020. Positive commodities scenario and profitability
on key crops expected to help demand on the field.
Argentina: Higher soybean area, lower corn area.
■ Mexico: Increase in F&V exports. Strong F&V crop prices
leading to increasing on-the-ground demand for high-value CP
products.
FMC
An Agricultural
Sciences Company
EMEA Market - Up Low-Single Digits
■ Western EUR: Positive commodity prices to drive higher CP
use. Specialty crop demand recovery post-COVID.
UK, Baltics: Partial recovery versus 2020 market decline, due to
improved weather and crop conditions.
■ Eastern EUR: Partial recovery from dry conditions seen in 2020
in cereals, corn, and OSR.
■ Middle East & Africa: Partial recovery of cotton area and
normal pest pressure projected.
Asia Market - Up Low- to Mid-Single Digits
■ India: Good rains supporting the Rabi season (Q4-Q1), major
Kharif season to be normal (Q3). Reduced issues with COVID.
▪ Australia/ASEAN: Strong market conditions in Australia. La
Nina projected in Q1, above normal rainfall.
■ China: Crop area stable and produce consumption expected to
improve. Reduced issues with COVID.
■ North Asia: Market projected stable, Japan & South Korea rice
planting area continuing to decline due to lower consumption.View entire presentation