Indonesia Complex (NPK) Fertilizer Market Overview
According to SPER Market Research, the Indonesia Complex (NPK) Fertilizer Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
Complex fertilizers, commonly referred to as NPK fertilizers, are fertilizers that include a combination of the three vital minerals that plants need: nitrogen (N), phosphorous (P), and potassium (K). These nutrients are essential for the growth and development of plants, and a lack of them can cause stunted growth, poor crop yields, and disease susceptibility.
NPK fertilizers are created by combining varied ratios of nitrogen, phosphorous, and potassium in the form of diverse substances such ammonium nitrate, urea, superphosphate, and muriate of potash. A set of three digits, such as 20-20-20 or 10-20-10, are displayed on the fertilizer package to indicate the percentage of each nutrient in the fertilizer. These figures show each nutrient's weight-based percentage in the fertilizer. NPK fertilizers contain nitrogen, which is important for plant growth and is also a component of proteins, DNA, and chlorophyll. Potassium is needed for overall plant health, including water regulation, disease resistance, and fruit development, whereas phosphorus is needed for flowering and root development.
The three main nutrients that plants require to thrive are nitrogen, phosphorus, and potassium, collectively referred to as NPK fertilizer. Indonesia has a strong fertilizer sector and is one of the world's top manufacturers of NPK fertilizer. Because they give plants a balanced supply of nutrients and eliminate the need for several applications of various fertilizers, complex fertilizers are advantageous to farmers. In addition to saving time and money on labour, this reduces the possibility of over-fertilizing, which could harm the environment and the plants.
Impact of COVID-19 on the Indonesia Complex (NPK) Fertilizer Market
The Indonesian complex (NPK) fertilizer market has been impacted by the COVID-19 outbreak in a variety of ways. On the one hand, the epidemic has hampered global supply lines, delaying the shipment of finished fertilizers and raw materials. Particularly in the early months of the pandemic, this has caused considerable shortages in the Indonesian market. On the other side, as people stocked up on necessities and home gardening gained popularity, the pandemic also led to an increase in demand for food and agricultural products. Farmers' desire to increase crop yields and productivity has fueled the need for sophisticated fertilizers.
The Indonesian government has also taken action to assist the agriculture industry throughout the pandemic, including giving farmers subsidies and lending assistance. This has supported the demand for fertilizers, including complex fertilizers. The epidemic has generally caused some difficulties for Indonesia's complex fertilizer sector, but the country's overall need for fertilizers is still very high. The market is anticipated to gradually return to normal levels as the world supply chain heals and vaccine efforts continue.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Product Form, By Product Type, By Crops, By Grade
|
| Regions covered | Sumatra, Java, Kalimantan, Sulawesi, Papua
|
| Companies Covered | Agrifert-Kucks, Petrokimia Gresiki, Pupuk Kalimantan Timur, Pupuk Kujung, Pupuk Sriwidjaya Palembang, Wilmar International, Yara International
|
Target Audience-
- Agronomist
- Farmers
- Agriculture Professionals
Indonesia Complex (NPK) Fertilizer Market Segmentation:
1. By Product Form:
2. By Product Type:
- Nitrogen
- Phosphorous
- Potassium
3. By Crops:
- Cereals
- Fruits
- Oilseeds
- Vegetables
4. By Grade:
- NPK 15-15-15
- NPK 15-7-20
- NPK 12-11-20
- Others
5. By Region:
- Sumatra
- Java
- Kalimantan
- Sulawesi
- Papua
Key Topics Covered in the Report:
- Indonesia Complex (NPK) Fertilizer Market Size (FY’2019-FY’2032)
- Overview of Indonesia Complex (NPK) Fertilizer Market
- Segmentation of Indonesia Complex (NPK) Fertilizer Market By Product Form ( Blended, Granulated, Fused)
- Segmentation of Indonesia Complex (NPK) Fertilizer Market By Product Type ( Nitrogen, Phosphorous, Potassium)
- Segmentation of Indonesia Complex (NPK) Fertilizer Market By Crops ( Oilseeds, Fruits, Vegetables, Cereals)
- Segmentation of Indonesia Complex (NPK) Fertilizer Market By Grade ( NPK 15-15-15, NPK 12-11-20, NPK 15-7-20, Others)
- Statistical Snap of Indonesia Complex (NPK) Fertilizer Market
- Growth Analysis of Indonesia Complex (NPK) Fertilizer Market
- Problems and Challenges in Indonesia Complex (NPK) Fertilizer Market
- Competitive Landscape in the Indonesia Complex (NPK) Fertilizer Market
- Impact of COVID-19 and Demonetization on Indonesia Complex (NPK) Fertilizer Market
- Details on Recent Investment in Indonesia Complex (NPK) Fertilizer Market
- Competitive Analysis of Indonesia Complex (NPK) Fertilizer Market
- Key Players in the Indonesia Complex (NPK) Fertilizer Market
- SWOT Analysis of Indonesia Complex (NPK) Fertilizer Market
- Indonesia Complex (NPK) Fertilizer Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Indonesia Complex (NPK) Fertilizer Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Indonesia Complex (NPK) Fertilizer Car Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Indonesia Complex (NPK) Fertilizer Market
7. Indonesia Complex (NPK) Fertilizer Market, By Product Form, 2019-2032 (USD Million)
7.1 Blended
7.2 Fused
7.3 Granulated
8. Indonesia Complex (NPK) Fertilizer Market, By Product Type, 2019-2032 (USD Million)
8.1 Nitrogen
8.2 Phosphorous
8.3 Potassium
9. Indonesia Complex (NPK) Fertilizer Market, By Crops, 2019-2032 (USD Million)
9.1 Cereals
9.2 Fruits
9.3 Oilseeds
9.4 Vegetables
10. Indonesia Complex (NPK) Fertilizer Market, By Grade, 2019-2032 (USD Million)
10.1 NPK 15-15-15
10.2 NPK 15-7-20
10.3 NPK 12-11-20
10.4 Others
11. Indonesia Complex (NPK) Fertilizer Market, By Region, 2019-2032 (USD Million)
11.1 Indonesia Complex (NPK) Fertilizer Size and Market Share by Region (2026-2032)
11.2 Indonesia Complex (NPK) Fertilizer Size and Market Share by Region (2019-2025)
11.3 Sumatra
11.4 Java
11.5 Kalimantan
11.6 Sulawesi
11.7 Papua
12. Company Profiles
12.1 Agrifert-Kucks
12.1.1 Company details
12.1.2 Financial outlook
12.1.3 Product summary
12.1.4 Recent developments
12.2 Petrokimia Gresiki
12.2.1 Company details
12.2.2 Financial outlook
12.2.3 Product summary
12.2.4 Recent developments
12.3 Pupuk Kalimantan Timur
12.3.1 Company details
12.3.2 Financial outlook
12.3.3 Product summary
12.3.4 Recent developments
12.4 Pupuk Kujang
12.4.1 Company details
12.4.2 Financial outlook
12.4.3 Product summary
12.4.4 Recent developments
12.5 Pupuk Sriwidjaya Palembang
12.5.1 Company details
12.5.2 Financial outlook
12.5.3 Product summary
12.5.4 Recent developments
12.6 Wilmar International
12.6.1 Company details
12.6.2 Financial outlook
12.6.3 Product summary
12.6.4 Recent developments
12.7 Yara International
12.7.1 Company details
12.7.2 Financial outlook
12.7.3 Product summary
12.7.4 Recent developments
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
