The fifth edition of the Simpleza Strategic Forum, held on December 11, revealed insightful data about the current state of the agricultural chemicals market. The event, which has become a key space for analysis and idea exchange among leaders in the agricultural sector, featured a prominent presentation by Guillermo Pérez, a figure with over two decades of experience in the agrochemical market.
The agricultural chemicals market closed 2024 with a 30% decline, representing a loss of more than $1 billion compared to the previous year. According to Guillermo, herbicides led the contraction in sales, followed by fungicides. One of the main reasons for this decline is the oversupply caused by a 19% increase in glyphosate imports during the first quarter. This rise, driven by the lifting of customs restrictions following the change in government, led to a drop in prices that, although beneficial to producers, has put pressure on companies in the sector by reducing their margins to historic lows.
Guillermo also emphasized that this context is forcing companies to rethink their strategies. “Hasty decisions are no longer viable; the focus must be technical and efficient,” he stated. Furthermore, he pointed out that the market shows signs of increased regulation and competition, which could lead to greater concentration in distribution, similar to what happens in markets like the United States and Brazil, where large players dominate.
The Simpleza Strategic Forum, held on the second Monday of every month, continues to establish itself as a key space for reflection and networking in the agricultural sector. In this edition, it was clear that 2025 will be a year of redefinition for Argentina’s agrochemical industry. Companies that manage to adapt to this new normal will be able to survive and eventually thrive in an environment marked by caution and efficiency.
