Market Research Reports - Ken Research Indonesia Complex Fertilizer Market Research

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 / state-owned 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