Indonesia - Nitrogenous Fertilizers (Mineral Or Chemical) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Indonesia - Nitrogenous Fertilizers (Mineral Or Chemical) - Market Analysis, Forecast, Size, Trends and Insights

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Nitrogenous Fertilizer Price in Indonesia - 2022

Contents:

  1. Nitrogenous Fertilizer Price in Indonesia (FOB) - 2022
  2. Nitrogenous Fertilizer Price in Indonesia (CIF) - 2022
  3. Nitrogenous Fertilizer Exports in Indonesia
  4. Nitrogenous Fertilizer Imports in Indonesia

Nitrogenous Fertilizer Price in Indonesia (FOB) - 2022

The average nitrogenous fertilizer export price stood at $569 per ton in 2022, with an increase of 49% against the previous year. Over the period under review, the export price recorded tangible growth. The pace of growth appeared the most rapid in 2021 an increase of 54% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($667 per ton), while the average price for exports to Peru ($254 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+34.8%), while the prices for the other major destinations experienced more modest paces of growth.

Nitrogenous Fertilizer Price in Indonesia (CIF) - 2022

In 2022, the average nitrogenous fertilizer import price amounted to $344 per ton, rising by 47% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 73%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($543 per ton), while the price for South Korea ($274 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Nitrogenous Fertilizer Exports in Indonesia

In 2022, overseas shipments of nitrogenous fertilizers (mineral or chemical) decreased by -4.8% to 2M tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. As a result, the exports attained the peak of 2.5M tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, nitrogenous fertilizer exports skyrocketed to $1.1B in 2022. Overall, exports, however, saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Nitrogenous Fertilizer in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia79.733.312625046.4%
India15420997.822613.6%
Philippines1001311091319.4%
Chile0.10.118.257.1729.6%
ArgentinaN/AN/A37.654.845.7%
Mozambique8.1N/A2.338.868.6%
Malaysia21.724.434.737.620.1%
PeruN/AN/A1.936.71831.6%
Vietnam42.79.573.632.9-8.3%
Sri Lanka14.714.911.429.325.8%
Thailand13.014.347.027.828.8%
China11.8N/A23.223.626.0%
Mexico7.666.770.422.744.0%
Others57.010413715339.0%
Total5116087891,12029.9%

Top Export Markets for Nitrogenous Fertilizer from Indonesia in 2022:

  1. Australia (373.9K tons)
  2. India (368.4K tons)
  3. Philippines (204.8K tons)
  4. Chile (150.8K tons)
  5. Peru (144.3K tons)
  6. Argentina (102.1K tons)
  7. Malaysia (66.2K tons)
  8. Mozambique (61.6K tons)
  9. Vietnam (58.9K tons)
  10. Sri Lanka (48.4K tons)
  11. Thailand (46.7K tons)
  12. Mexico (41.1K tons)
  13. China (40.6K tons)

Nitrogenous Fertilizer Imports in Indonesia

In 2022, approx. 1M tons of nitrogenous fertilizers (mineral or chemical) were imported into Indonesia; declining by -21% on the previous year. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of 1.3M tons, and then shrank notably in the following year.

In value terms, nitrogenous fertilizer imports surged to $346M in 2022. Over the period under review, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 104%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Nitrogenous Fertilizer in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13611826721015.6%
Vietnam3.10.20.339.7134.0%
South Korea3.41.20.426.397.8%
Egypt0.90.60.619.6179.3%
Russia1.90.30.217.5109.6%
Australia0.90.20.512.2138.4%
Taiwan (Chinese)6.72.76.83.1-22.7%
Iran18.29.46.7N/A-39.3%
Others13.713.816.318.09.5%
Total18514629934623.2%

Top Suppliers of Nitrogenous Fertilizer to Indonesia in 2022:

  1. China (657.1K tons)
  2. South Korea (96.0K tons)
  3. Vietnam (88.4K tons)
  4. Russia (44.9K tons)
  5. Australia (41.6K tons)
  6. Egypt (36.1K tons)
  7. Taiwan (Chinese) (12.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the nitrogenous fertilizer market in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 4001 - Urea
  • FCL 4002 - Ammonium sulphate
  • FCL 4003 - Ammonium nitrate (AN)
  • FCL 4004 - Calcium ammonium nitrate (CAN) and other mixtures with calcium carbonate
  • FCL 4005 - Sodium nitrate
  • FCL 4006 - Urea and ammonium nitrate solutions (UAN)
  • FCL 4008 - Other nitrogenous fertilizers, n.e.c.

Country coverage:

  • Indonesia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Indonesia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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