Product Code: ETC190840 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Indonesia Potassium Chloride Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 11.15% in 2025 and reaches 13.59% by 2029.
The Potassium Chloride market in Indonesia is projected to grow at a high growth rate of 12.53% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
Indonesia is one of the top 5 producers and exporters of potassium chloride in Southeast Asia. Potassium chloride, also known as Muriate of Potash (MOP), is a common fertilizer used to replenish essential nutrients needed for healthy plant growth. The country accounts for around 10% of global MOP production with output estimated at 6.5 million tonnes in 2025. Indonesia exports are mainly focused on countries located in the Asian region such as China, India, Malaysia and Vietnam due to their proximity and cost advantages from lower freight costs and cheaper labor costs compared to other regional markets such as Europe or North America. In terms of domestic consumption, the majority goes into agriculture sector with small quantities used by industries like pharmaceuticals, food additives etc.
The demand for potassium chloride has been increasing steadily over recent years driven by robust growth in agricultural activities across South East Asian countries including Indonesia. This trend is expected to continue going forward supported by government initiatives towards improving farm productivity which will result in increased use of fertilizers including potassium chloride based ones among farmers. Additionally, increasing urbanization coupled with rising disposable incomes among consumers have resulted in an increase demand for higher quality foods which require better nutrients support through fertilizers leading to further rise in adoption rate across all major crop categories grown within this region resulting strong outlook ahead for MOP market participants operating out here.
Growing agricultural activities : Increasing population along with growing awareness about healthier eating habits amongst consumers have led to boost up farming activity within this region leading to high usage rates when it comes down towards use of fertilisers including MOP based products aiding overall market growth prospects. Various governments across different Southeast Asian nations have implemented multiple programmes related towards improvement & enhance attainment levels when it comes down towards crop yields via usage efficient levels during application process thus providing additional impetus over here driving gains further.
The COVID-19 pandemic continues its impact on businesses around the world and Indonesia potassium chloride industry is no exception. The outbreak has resulted in reduced demand from overseas buyers due primarily due disruption caused while transporting goods amid nationwide lockdowns implemented globally limiting sales options available within this domain negatively impacting revenues generated thereby adversely affecting players present operating out here.
One of the major challenges faced by players operating in this market is that it?s highly dependent on import-export activities and international trade trends. In addition, production cost have increased due to expensive raw materials, labor costs as well as stringent government regulations which may hamper overall industry growth prospects. Furthermore, fluctuations of raw material prices such as oil & gas are likely to have an adverse impact on price margins for producers operating in this particular sector.
Some of the key players identified in the Indonesia Potassium Chloride market include PT Kaltim Prima Coal (KPC), PT Agung Sedayu Group, Indo Bharat Rayon Corporation Ltd., PT Pupuk Sriwidjaja Palembang (Pusri), and PT Bakrie Sumatera Plantations Tbk among others.
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 Potassium Chloride Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Potassium Chloride Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Potassium Chloride Market - Industry Life Cycle |
3.4 Indonesia Potassium Chloride Market - Porter's Five Forces |
3.5 Indonesia Potassium Chloride Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 Indonesia Potassium Chloride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Potassium Chloride Market Trends |
6 Indonesia Potassium Chloride Market, By Types |
6.1 Indonesia Potassium Chloride Market, By By Application |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Potassium Chloride Market Revenues & Volume, By By Application, 2021-2031F |
6.1.3 Indonesia Potassium Chloride Market Revenues & Volume, By Fertilizer, 2021-2031F |
6.1.4 Indonesia Potassium Chloride Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.1.5 Indonesia Potassium Chloride Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.6 Indonesia Potassium Chloride Market Revenues & Volume, By Food, 2021-2031F |
7 Indonesia Potassium Chloride Market Import-Export Trade Statistics |
7.1 Indonesia Potassium Chloride Market Export to Major Countries |
7.2 Indonesia Potassium Chloride Market Imports from Major Countries |
8 Indonesia Potassium Chloride Market Key Performance Indicators |
9 Indonesia Potassium Chloride Market - Opportunity Assessment |
9.1 Indonesia Potassium Chloride Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 Indonesia Potassium Chloride Market - Competitive Landscape |
10.1 Indonesia Potassium Chloride Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Potassium Chloride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |