Product Code: ETC063223 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Phosphate Fertilizers market currently, in 2023, has witnessed an HHI of 9085, Which has increased slightly as compared to the HHI of 5536 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
India is one of the largest producers and consumers of phosphate fertilizers in the world. The demand for phosphates has been growing steadily over the last few years, driven by increased food production and soil fertility needs. Phosphate fertilizers are used to improve crop yields, increase water retention capacity and reduce nutrient losses during cultivation. India?s total fertilizer consumption was estimated at about 35 million tons in 2020-21, with 16 million tons being phosphatic fertilizers alone; making it an important segment for agricultural production.
Growing population coupled with increasing demand from agricultural industry will drive growth of the market in India, Increasing awareness regarding sustainable agriculture practices has resulted into higher adoption of modern farming techniques which require phosphatic fertilizer use, and Government initiatives & subsidies to promote balanced use of nutrients such as phosphorus & nitrogen through their respective nutrients based subsidy (NBS) scheme will further support market growth.
Limited availability/shortage of raw materials such as rock phosphate due to lack of infrastructure development may hinder market growth
Specialty/slow release products are increasingly gaining traction among farmers due to its low initial cost & long term efficacy benefits
Major players operating in India`s phosphate fertilizers market include Coromandel International Ltd., Chambal Fertilisers & Chemicals Ltd., IFFCO , Deepak Fertilisers, Zuari Agro Chemicals Ltd., Phosagro CJSC etc..
COVID-19 pandemic has adversely affected Indian economy including agribusiness sector leading to decline in overall demand for agricultural inputs including fertilizer products. Although government interventions have helped mitigate some impact on agro chemical industries, supply chain disruptions still remain a major concern inhibiting efficient functioning of these companies across different.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Phosphate Fertilizers Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Phosphate Fertilizers Market Revenues & Volume, 2020 & 2027F |
3.3 India Phosphate Fertilizers Market - Industry Life Cycle |
3.4 India Phosphate Fertilizers Market - Porter's Five Forces |
3.5 India Phosphate Fertilizers Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.6 India Phosphate Fertilizers Market Revenues & Volume Share, By Applications, 2020 & 2027F |
4 India Phosphate Fertilizers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Phosphate Fertilizers Market Trends |
6 India Phosphate Fertilizers Market, By Types |
6.1 India Phosphate Fertilizers Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Phosphate Fertilizers Market Revenues & Volume, By Product, 2018 - 2027F |
6.1.3 India Phosphate Fertilizers Market Revenues & Volume, By Monoammonium Phosphate (MAP), 2018 - 2027F |
6.1.4 India Phosphate Fertilizers Market Revenues & Volume, By Diammonium Phosphate (DAP), 2018 - 2027F |
6.1.5 India Phosphate Fertilizers Market Revenues & Volume, By Superphosphate, 2018 - 2027F |
6.1.6 India Phosphate Fertilizers Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 India Phosphate Fertilizers Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Phosphate Fertilizers Market Revenues & Volume, By Cereals & Grains, 2018 - 2027F |
6.2.3 India Phosphate Fertilizers Market Revenues & Volume, By Oilseeds, 2018 - 2027F |
6.2.4 India Phosphate Fertilizers Market Revenues & Volume, By Fruits & Vegetables, 2018 - 2027F |
6.2.5 India Phosphate Fertilizers Market Revenues & Volume, By Others, 2018 - 2027F |
7 India Phosphate Fertilizers Market Import-Export Trade Statistics |
7.1 India Phosphate Fertilizers Market Export to Major Countries |
7.2 India Phosphate Fertilizers Market Imports from Major Countries |
8 India Phosphate Fertilizers Market Key Performance Indicators |
9 India Phosphate Fertilizers Market - Opportunity Assessment |
9.1 India Phosphate Fertilizers Market Opportunity Assessment, By Product, 2020 & 2027F |
9.2 India Phosphate Fertilizers Market Opportunity Assessment, By Applications, 2020 & 2027F |
10 India Phosphate Fertilizers Market - Competitive Landscape |
10.1 India Phosphate Fertilizers Market Revenue Share, By Companies, 2020 |
10.2 India Phosphate Fertilizers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |