Indonesia Complex Fertilizer Market Driven by Balanced Demand and Supply Equilibrium and High Level of Government Regulation: Ken Research
Indonesia Complex (NPK) Fertilizer Market by product form (Granulated/Fused or Blended), by type (two or three nutrients), by crops (cereals, oilseeds, fruits & vegetables and others), by grade (NPK 15-15-15, NPK 12-10-20, NPK 15-7-20, NPK 20-10-20 and Others), company profile of major players including Petrokimia Gresik, Pupuk Kalimantan Timur, Pupuk Kujang, Pupuk Sriwidjaya Palembang, Yara International, Wilmar International, Agrifert-Kuoks
All the largest complex fertilizer manufacturing companies in Indonesia are part of Indonesia Holding Company (public / stateowned enterprise) and over 90% of the domestic consumption of complex fertilizers were subsidized by the government as of December 2017. Indonesia has a very balanced demand and supply equilibrium, with domestic production largely sufficient to meet the consumption demands. 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. Most manufacturers produced high quality granulated/fused complex fertilizers in Indonesia since the government provided subsidy on
high-quality granulated/fused NPK 15-15-15 only. Hence, consumption of high quality complex fertilizers is only likely to grow going forward. Increasing government focus on improving fertilizer quality, curbing soil pollution, and improving agricultural productivity is expected to augment the demand for complex fertilizers in Indonesia, according to Analyst at Ken Research. Ken Research in its latest study, Indonesia Complex (NPK) Fertilizer Market Outlook to 2022 – Balanced Demand and Supply Equilibrium with High Level of Regulation suggested that Indonesian complex fertilizer market is highly competitive and is majorly dominated by public sector. The market consists of few domestic manufacturers with state-owned companies almost having a monopoly in this market. Domestic production in Indonesia has been sufficient to meet the consumption demand in the last few years. 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 majority of the market share, in terms of revenue. Key Topics covered in the report:Indonesia Complex Fertilizer Demand Indonesia Complex Fertilizer Consumption Indonesia Complex Fertilizer Production Indonesia Complex Fertilizer Market Indonesia Granulated NPK Consumption Indonesia Blended NPK Consumption Indonesia NPK Fertilizer Demand Indonesia NPK Fertilizer Consumption Indonesia NPK Fertilizer Production Indonesia NPK Fertilizer Market Supply Complex Fertilizer Indonesia
Indonesia Complex Fertilizer Market Outlook Indonesia Complex Fertilizer Market Size Indonesia Complex Fertilizer Market Share Indonesia Complex Fertilizer Market Research Indonesia Complex Fertilizer Market Growth Indonesia Complex Fertilizer Market Revenue Indonesia Complex Fertilizer Market Major Players Indonesia Complex Fertilizer Market Trends For more information on the research report, refer to below link: https://www.kenresearch.com/agriculture-and-animal-care/crop-pr otection/indonesia-complex-fertilizer-market/143969-104.html Related Reports by Ken Research https://www.kenresearch.com/agriculture-and-animal-care/crop-pro tection/asia-complex-npk-fertilizer-market/143884-104.html
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