Product Code: ETC211180 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Indonesia Phosphate Rock market currently, in 2023, has witnessed an HHI of 5551, Which has increased moderately as compared to the HHI of 4650 in 2017. The market is moving towards 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.
Indonesia is the tenth largest producer of phosphate rock globally, with an estimated annual production capacity of 700,000 tons. The country is also a major importer and exporter of this mineral resource. About 75% of the total phosphate rock produced in Indonesia comes from Kalimantan province located on the island of Borneo. Due to its abundance, Indonesia has become one of the key players in global phosphate rock markets.
The demand for phosphorous fertilizers has been increasing over the years as more farmers move towards using chemical-based fertilizer to increase their crop yield. In addition, Indonesia population growth and urbanization have created greater demand for food products which increases soil fertility requirements hence leading to increased use of phosphorus - based fertilizers such as triple superphosphate (TSP). As a result, there is an upward trend in both domestic consumption and exports of Indonesia phosphate rocks. Moreover, environmental regulations regarding mining activities are becoming stricter throughout Southeast Asia; this could potentially lead to higher quality standards for Indonesia producers as well as more investments from foreign companies that wish to take advantage of these regulations.
The main drivers behind the growth in demand for Philippine Rock include rising global population levels and growing need for agricultural inputs like phosphorous-based fertilizers worldwide. This has resulted in increased investment from foreign companies into Indonesia operations due to its abundant resources and lower costs compared to other countries such as China or India. Additionally, government subsidies are available for those involved in producing/selling agricultural inputs like phosphorus-based fertilizers which further boost sales figures within this sector domestically. Finally , manufacturers have increasingly adopted new technologies & innovative approaches towards extracting & processing Phosphate Rocks efficiently which helps them gain market share against competitors while keeping production costs low at same time.
As with most industries across world , COVID-19 pandemic has taken its toll on Indonesia Phosphate Rock Market too ? with supply disruptions caused by lockdowns & restrictions imposed by authorities impacting availability & prices significantly. Furthermore , international travel bans affected import/export operations adversely resulting into decline overall trade volumes especially during early months when situation was at peak. However , subsequent relaxation measures coupled with recovery efforts being undertaken by government have started bringing back positivity around industry?s prospects going forward ? although it will still take some time before things return back normalcy completely again.
Despite its abundance of resources, Indonesia faces various challenges when it comes to the phosphate rock industry. These include issues related to infrastructure such as inadequate rail networks for transportation and limited port capacity for export; environmental concerns due to mining activities; low productivity due to insufficient access to technology; lack of knowledge about new technologies and best practices; unreliable energy supply in some areas; rigid labor laws infringing on foreign investment opportunities; difficulty obtaining financing from banks or investors due to lack of historical data on project success rates; limited access to markets outside Southeast Asia because production costs are higher than those abroad ;and regulations limiting private investment involvement in certain sectors like mining.
Key players in this sector include PT Indo Fertilizer & Chemical (IFC), Pupuk Kaltim, PT Petrokimia Gresik, and Yara International ASA.
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 Indonesia Phosphate Rock Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Phosphate Rock Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Phosphate Rock Market - Industry Life Cycle |
3.4 Indonesia Phosphate Rock Market - Porter's Five Forces |
3.5 Indonesia Phosphate Rock Market Revenues & Volume Share, By By Applications, 2021 & 2031F |
3.6 Indonesia Phosphate Rock Market Revenues & Volume Share, By By Grade, 2021 & 2031F |
4 Indonesia Phosphate Rock Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Phosphate Rock Market Trends |
6 Indonesia Phosphate Rock Market, By Types |
6.1 Indonesia Phosphate Rock Market, By By Applications |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Phosphate Rock Market Revenues & Volume, By By Applications, 2021-2031F |
6.1.3 Indonesia Phosphate Rock Market Revenues & Volume, By Fertilizer Industry, 2021-2031F |
6.1.4 Indonesia Phosphate Rock Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.1.5 Indonesia Phosphate Rock Market Revenues & Volume, By Metallurgy, 2021-2031F |
6.1.6 Indonesia Phosphate Rock Market Revenues & Volume, By Others, 2021-2031F |
6.2 Indonesia Phosphate Rock Market, By By Grade |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Phosphate Rock Market Revenues & Volume, By Fertilizer Grade, 2021-2031F |
6.2.3 Indonesia Phosphate Rock Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.2.4 Indonesia Phosphate Rock Market Revenues & Volume, By Industrial Grade, 2021-2031F |
7 Indonesia Phosphate Rock Market Import-Export Trade Statistics |
7.1 Indonesia Phosphate Rock Market Export to Major Countries |
7.2 Indonesia Phosphate Rock Market Imports from Major Countries |
8 Indonesia Phosphate Rock Market Key Performance Indicators |
9 Indonesia Phosphate Rock Market - Opportunity Assessment |
9.1 Indonesia Phosphate Rock Market Opportunity Assessment, By By Applications, 2021 & 2031F |
9.2 Indonesia Phosphate Rock Market Opportunity Assessment, By By Grade, 2021 & 2031F |
10 Indonesia Phosphate Rock Market - Competitive Landscape |
10.1 Indonesia Phosphate Rock Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Phosphate Rock Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |