Best Selling Grades Complex Fertilizer Thailand, Thailand Complex Fertilizer Manufacturers - Ken Research - PowerPoint PPT Presentation

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Best Selling Grades Complex Fertilizer Thailand, Thailand Complex Fertilizer Manufacturers - Ken Research

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The report covers Thailand Complex Fertilizer Market aspects such as complex fertilizer market by its key segments including market size, consumption of complex fertilizers by product form, product type, application by crops and by grades.. For more information on the research report, refer to below link: – PowerPoint PPT presentation

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Title: Best Selling Grades Complex Fertilizer Thailand, Thailand Complex Fertilizer Manufacturers - Ken Research


1
Thailand Complex Fertilizer Market expected to
Reach over USD 740 Million by 2022 Ken Research
2
Thailand 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 16-16-8, NPK 16-8-8, NPK
10-10-16 and Others), company profile of major
players including Thai Central Chemical Public
Company, Yara International, ICL Fertilizers,
Chia Tai, Terragro Fertilizer Company, Ajinomoto,
Rayong Fertilizer Trading Co. Net irrigated area
in Thailand is expected to rise from 7.3 million
hectares in 2017 to 8.1 million hectares by 2022.
Thailands fertilizer usage is very low at
around 153 kgs per hectare of arable land as
compared to around 530 kgs per hectare of China
and 400 kgs per hectare of Vietnam. The
fertilizer consumption in Thailand has remained
at low levels as compared to other Asian
countries such as China, India, Vietnam and
Indonesia. However, inclining population and food
demand has resulted in increase in consumption of
complex fertilizers in the country.
3
Despite rise in demand, Thailand has not been
able to achieve sufficient production levels of
complex fertilizers. Thus, imports play a crucial
role in the Thailand complex fertilizer industry.
The country is likely to remain highly dependent
on imports to meet the domestic demands for
complex fertilizers. Despite dependence on
external factors as machinery, raw materials and
energy, Thailand's complex fertilizer industry
will remain just as indispensable to the future
of economic development as it has been during the
past decades. Thailand, after all, is an
agricultural country. Establishment of new
manufacturing sites and capacity expansion of
existing facilities will fuel the domestic
production of complex fertilizers in the near
future and drive the demand for NPKs in the
country. Growing emphasis on use of balanced
chemical fertilizers, curbing soil pollution and
urgent need to improve agricultural productivity
is expected to augment the demand for complex
fertilizers in Thailand, according to Analyst at
Ken Research.
4
Ken Research in its latest study, Thailand
Complex (NPK) Fertilizer Market Outlook to 2022
Highly Competitive and Import Based Market
suggested NPK 15-15-15 was the most widely used
complex fertilizer in Thailand, recording fastest
growth during the last 5 years. Going forward,
utilization of NPK 15-15-15 is most likely to
remain strong owing to high consumer trust in
this particular grade. Manufacturers should
emphasize on deteriorating soil health and
encourage government bodies to increase subsidy
on complex fertilizers. Establishing mobile soil
testing labs which would access the soil
conditions, crop nutrient requirements and
subsequently recommend the best possible complex
fertilizer grade that would improve yield and
income would help a great deal in establishing
brand value. Key Topics Covered in the
Report Thailand Complex Fertilizer Demand
Thailand Complex Fertilizer Consumption Thailand
Complex Fertilizer Production Thailand Complex
Fertilizer Market Thailand Granulated NPK
Consumption Thailand Blended NPK
Consumption Thailand NPK Fertilizer Demand
5
Thailand NPK Fertilizer Consumption Thailand NPK
Fertilizer Production Thailand NPK Fertilizer
Market Thai Central Chemical Installed
Capacity Production Capacity Complex Fertilizer
Thai Chia Tai Complex Fertilizer Sales Terragro
Fertilizer Complex Fertilizer Grades Best Selling
Grades Complex Fertilizer Thailand Thailand
Complex Fertilizer Manufacturers Forecast Sales
Complex Fertilizer Thailand Thailand NPK Sales
Trends NPK Export Thailand Complex Fertilizer
Import Thailand Cereal Complex Fertilizer Use
Thailand Fertilizer Consumption Thailand
6
For more information on the research report,
refer to below link https//www.kenresearch.com/a
griculture-and-animal-care/crop-protection/thailan
d-complex-fertilizer-market/143970-104.html Relat
ed Reports by Ken Research https//www.kenresearch
.com/agriculture-and-animal-care/crop-protection/a
sia-complex-npk-fertilizer-market/143884-104.html
https//www.kenresearch.com/agriculture-and-anima
l-care/crop-protection/indonesia-complex-fertilize
r-market/143969-104.html https//www.kenresearch.
com/agriculture-and-animal-care/crop-protection/in
dia-complex-fertilizer-market/143968-104.html Con
tact Us Ken Research Ankur Gupta, Head
Marketing Communications Sales_at_kenresearch.com
91-124 423 0204
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