Indonesia Fertilizer Industry Research Report
Limited number of firms in the fertilizer industry along with higher subsidies on urea fertilizer is enhancing the production and demand of the product in the country.
New Delhi (I-Newswire) January 27, 2014 - The fertilizer industry of Indonesia has played a significant role in the country's economy by augmenting the production of food crops in the country. Agriculture sector has been one of the most important sectors with its contribution reaching USD 119,041.2 million growing at a CAGR of 18.2% during 2006-2012. However the fertilizer market of Indonesia is highly concentrated with five major firms being subsidiaries of state owned firm PT Pupuk Indonesia Holding Company. Concentration of competition in the fertilizer industry of Indonesia has resulted in limited innovation and increased production and consumption of urea and lesser focus on compound or complex fertilizers. The leading players in the urea fertilizer market include namely PT Pupuk Pusri, PT Pupuk Kujang, PT Pupuk Kaltim, PT Pupuk Iskandar Muda. Urea accounted for a tremendous 82.7% of the share in the nitrogen fertilizer market in 2012 growing at a CAGR of 4.3% during 2006-2012. However in the more recent years, these companies have been educating the farmers on the optimum usage of urea fertilizers which would help to decline the demand for urea and increase demand for phosphate and potash fertilizers in the country.
"Consolidation would be an important area of focus of the government in the coming years as the top ten phosphate fertilizer producers in China accounted for just about 50.0% of the total output in 2012 which was far below the target of the Chinese government of 70.0%." - According to the research report 'Indonesia Fertilizer Industry Outlook to 2017- Escalating Usage of Organic Fertilizers' by Ken Research.
In the coming years, urea would continue to be the leading fertilizer product of the Indonesia fertilizer market as the subsidy of the government is expected to swell in the coming years 2013-2017. This would drive the overall consumption of urea in the Indonesia fertilizer market to ~ thousand tons nutrients in 2017 growing at a CAGR of 4.0% during 2012-2017.
The report provides detailed overview on the fertilizer market in Indonesia and help reader to identify the ongoing trends in the key segments of the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will aid industry consultants, fertilizer companies and marketing companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in future.
For More Details Please Click On Following Link:
Contact Person: Ankur Gupta
Designation: Head-Marketing & Communication
Contact: 01147017199, +91 9015378249
About Ken Research Pvt Ltd
Ken Research is a fast growing information service provider which offers an integrated suite of glob More..al industry reports gathered from a wide range of sources, advanced information management tools, sophisticated analytical systems and methodologies and dedicated professional client service to help our clients.Less..
Ken Research Pvt Ltd
Ken Research Pvt. Ltd. 109-110, NDM II
Netaji Subhash Place, Pitampura
Phone : 911147017199
Tags:Indonesia Fertilizer Industry Research Indonesia Fertilizer Industry Size Repo Indonesia Fertilizer Market
Published On:January 27, 2014
Print Release:Print Release
If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.
New VapoScrubEX5 from Envent Corporation Absorbs Up to 25% More VOCs and Toxic Air Pollutants Than Competing Scrubber Chemicals
Overview of Material Handling System in the Crane Manufacturing Industries
Industrial Temperature Embedded PoE MODULE with Ultra High DC/DC Converting Efficiency - Befact Technologies
Pvc Strip Curtains Bangalore @ Cosystdevices.com Are Best Solution For You
Easy to Store, Easy to Buy - Plastic Beakers