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Indonesia Complex Fertilizer Market Research Report: Ken Research

07-12-2022 09:43 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research

Indonesia Complex Fertilizer Market Research Report: Ken

The market research report titled "Indonesia Complex (NPK) Fertilizer Market Outlook to 2022 - Balanced Demand and Supply Equilibrium with High Level of Regulation" provides a comprehensive analysis of the complex fertilizer market in Indonesia. The report covers complex fertilizer market size, consumption of complex fertilizers by product form, product type, application by crops and by grades. The publication also includes detailed analysis of complex fertilizer market, trade scenario, competitive landscape, detailed profiles on major players and trend and developments. Future analysis of Indonesia complex fertilizer market with estimated production and consumption projections has also been discussed along with analyst recommendations.

Indonesia Complex Fertilizer Market
Indonesia complex fertilizer market is highly regulated and state-owned companies have a monopoly in this sector. Farmers are supplied NPK fertilizers at highly subsidized rate. Although only NPK 15-15-15 is subsidized by the government, the grade accounted for about ~% of overall NPK fertilizer consumption in the country in 2017. Indonesia lacks mineral resources of phosphate rock and potash to produce its NPK requirements locally. However, local companies are making efforts to lessen the countries dependence on importing finished NPKs. Indonesia has been increasingly focusing on utilization of complex fertilizers in the recent past. Consumption of NPKs has inclined from ~ million MT in 2012 to ~ million MT in 2017. This represents growth at a CAGR of ~% during the period 2012-2017. The market for complex fertilizers grew from USD ~ million in 2012 to USD ~ million in 2017, representing growth at a CAGR of ~% during the period 2012-2017.

Indonesia Complex Fertilizer Market Segmentation
By Product Form: Indonesia largely produced and utilized high quality granulated or fused complex fertilizers. The market was strictly regulated by the government and entities invested quite heavily in setting up manufacturing facilities and producing high quality complex fertilizers. Granulated or fused complex fertilizers comprised for ~% of the market share as compared to ~% by blended complex fertilizers.

Request for Sample Report: - https://www.kenresearch.com/sample-report.php?Frmdetails=MTQzOTY5

By Product Type: Complex fertilizers comprising of three primary nutrients (nitrogen, phosphorous and potassium) was very widely consumed in Indonesia and accounted for ~% market share in 2017. On the other hand, complex fertilizers comprising of two nutrients accounted for ~% market share in 2017.

By Grade: NPK 15-15-15 was by far the most widely used complex fertilizer in Indonesia since this NPK grade is subsidized by Indonesian government. NPK 15-15-15 accounted for ~% market share in overall complex fertilizer market in 2017. NPK 12-10-20, NPK 15-7-20, NPK 20-10-20 and others comprised for ~%, ~%, ~% and ~% market share respectively in 2017.

For More Information, Click on the Following Link: -
https://www.kenresearch.com/agriculture-and-animal-care/crop-protection/indonesia-complex-fertilizer-market/143969-104.html

By Crops: Complex fertilizers in Indonesia were majorly utilized for cultivation of cereals and comprised for about ~% of the market share in 2017, in terms of consumption volume. Oilseeds, Fruits and vegetables and all others accounted for ~%, ~% and ~% market share, respectively.
Competition Scenario.

Indonesian complex fertilizer market is highly competitive and very largely dominated by public sector. The market comprises of very few domestic manufacturers, with state-owned companies almost having a monopoly in this sector. The country's domestic production has been sufficient to meet the consumption demand in the last few years. Moreover, most NPK manufacturers utilized advanced technology and produced high quality granulated/fused complex fertilizers. Indonesian complex fertilizer market is very concentrated with top 4 players together comprising for ~% of the market share, in terms of revenue.

Petrokimia Gresik was the market leader by far, in terms of revenue, by accounting for ~% market share in 2017. Pupuk Kalimantan Timur emerged as the second largest player in this space followed by Pupuk Kujang and Pupuk Sriwidjaya Palembang. Several other players including Yara International, Wilmar International and Malaysian Agrifert-Kuoks comprised for the remaining ~% market share in 2017.

Indonesia Complex Fertilizer Market Future Outlook and Projections
Indonesia has a very balanced demand and supply equilibrium, with high level of regulation and participation from the government. Since the country has been steadily increasing its utilization of complex fertilizers over Urea and other mineral fertilizers and the government has been pushing local companies to develop more complex fertilizer plants, complex fertilizer manufacturers are expected to keep investing and expanding their manufacturing capabilities at least in the near future. Complex fertilizers market is anticipated to be worth USD ~ million by 2022 rising from USD ~ million in 2018. This represents growth at a CAGR of ~% during the period 2017-2022.

Key Topics Covered in the Report:
• Asia Complex Fertilizer Market Size by Revenue
• Indonesia Complex Fertilizer Market Size
• Indonesia Complex Fertilizer Market Segmentation by Form, By Type, By Grade, By Crops
• Trade Scenario
• Market Share Analysis of Major Players
• Company Profiles of Major Players
• Future Outlook and Projection for Indonesia Complex Fertilizer Market
• Analyst Recommendations
• Future Outlook and Projection for Asia Complex Fertilizer Market

Related Report: -
https://www.kenresearch.com/agriculture-and-animal-care/crop-protection/vietnam-fertilizer-market-research-report/451-104.html

Contact Us: -
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies.

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