Global Water Soluble Fertilizers Market

Description

The global water soluble fertilizers market is estimated to be valued at US$ 11.3 Bn in 2017 and is expected to grow at a CAGR of 5.5% over the forecast period. The water soluble fertilizers market size and consumption in North America, Latin America, Europe and Asia Pacific is covered in the report.

In the year 2017, North America is estimated to have a 44.7% market share in the global water soluble fertilizers market followed by Europe (40.6%), Asia Pacific (10.2%) and Latin America.

Water soluble fertilizers are those types of fertilizers that are completely soluble in water, with a high level of purity and no (or very negligible) amounts of inert matter. Water soluble fertilizers are primarily delivered to plants in two methods – foliar and fertigation.

Water soluble fertilizers are available as either soluble powders (granular) or as liquids. They mostly consist of Nitrogen, Phosphate (P2O5) and Potash (K20) as primary nutrients but also include products that deliver primary nutrients (N, P, K) in other formulations such as sulphates and nitrates. Most water soluble fertilizers also consist of added secondary and micronutrients such as Magnesium, Zinc, Iron, Calcium, Manganese and Boron.

Water Soluble Fertilizers Market Segmentation

The market has been segmented on the basis of crop type, mode of application, product type and product form.

• Water Soluble Fertilizers Product Type: Straights, NPK Blends, NPK Blends High Quality (presence of micronutrients), and NPK Blends High Quality +
• Product Form: Solid, Liquid Fertilizers
• Crop Type: Fruits, Vegetables & Melons (FVM), Horticulture, Turf and Landscape, Industrial Crops, and Food Crops
• Mode of Application: Foliar and Fertigation

Key Impact Factors

The water soluble fertilizers market in a particular region or country is influenced by several macro factors such as:

• Global Crop Production & Yield Statistics
• Agriculture Producer Price Index
• Net Agriculture Production Values
• Fertilizer Use Per Hectare Cropland
• Fertilizer Nutrients Demand

Demand Drivers

• Meat & Dairy Consumption: Modern farms, which employ efficient production components such as water soluble fertilizers, are an ideal source for efficient feed inputs. Integration and penetration of fertigated farmlands into the meat supply chain is an inevitable phenomenon.
• Growth in Fertigation: Fertigation is an agro-technique wherein crops are supplied with fertilizers through irrigation systems. Although there are several types of irrigation systems, fertigation generally refers to irrigation that delivers nutrients to the plant roots. Drip irrigation is the dominant type of fertigation system. The key advantages of using fertigation is the control the cultivator gets over input variables such as nutrient concentrations, dosage timings and frequency of application.
• Soluble Fertilizers – Increase in Profitability and Yield: The primary attributes of water soluble fertilizers are the increased nutrient uptake, quick results, increased yield and profitability.
• Energy Prices and Bioethanol Production: It is estimated that over 90% of ammonia production costs (cash) are due to natural gas. Therefore, any changes in energy prices have a direct result on the fertilizer industry. It is estimated that nearly 3% of global nitrogen consumption in the year 2013 was used in biofuel crops. Therefore, the growth in biofuel production has a net positive impact on nitrogen consumption.

Government Schemes and Support

Similar to other agricultural inputs, fertilizers are also significantly dependent on government subsidies and support. This support often takes the form of reduced retail prices, lowered import tariffs, last-mile retail distribution support, introduction of new products, awareness campaigns, research project funding, and in some cases direct cash transfers to end–users (farmers). The approach a country or region takes is dependent on the broader policy and strategic goals adopted by it.

China is aiming to drastically reduce usage of chemical fertilizers and pesticides by the year 2020. In view of this, they attached a 1% annual growth rate cap for chemical fertilizers in the country. This is expected to increase the adoption of organic fertilizers.

Pricing Analysis

China produces water soluble fertilizers at very low costs due to several factors such as – Poor Quality when compared to western products, Extensive use of coal as an energy source thereby escaping from natural gas price fluctuations, access to cheaper raw materials, low labor costs, lack of product specialization and negligible R&D spending. Such low prices can impact the sales of global brands in price sensitive countries such as India and ASEAN region.

Key Players

The major water soluble fertilizer manufacturing companies covered in the report include: Sociedad Química y Minera de Chile (SQM), Yara International ASA, Israel Chemicals Limited, KEMAPCO Arab Fertilizers & Chemicals Industries LTD, Coromandel International Limited, Haifa Chemicals, Timac Agro International, GreenHas Italia, Miller Chemical and Fertilizers, SIRIAC ITALY, CIFO ITALY, and CTS Group – Agrica.

Table of Contents

1. Market Introduction
   • Market Definition
   • Market Taxonomy
2. Research Methodology
3. Executive Summary
4. Global Water Soluble Fertilizers Market Analysis
   • Production Process
   • Fertilizer Consumption Seasonality
   • Industry Supply Chain Analysis
   • Consumption Function
5. Global Crop Production and Yield Statistics
6. Agriculture Producer Price Index
7. Net Agriculture Production Values
8. Fertilizer Use Per Hectare Cropland
9. Fertilizer Nutrients Demand
10. Global Water Soluble Fertilizers Market – Demand Drivers
    • Food Security Concerns
    • Increasing Meat & Dairy Consumption
    • Growth in Fertigation
    • Soluble Fertilizers – Increase in Profitability & Yield
    • Energy Prices and Bioethanol Production
11. Prominent Trends
12. Government Schemes and Support
13. Pricing Analysis
14. Global Water Soluble Fertilizers Market Analysis
    • Market Size and Analysis, By Region
      • North America
      • Latin America
      • Europe
      • Asia Pacific
    • Market Size and Analysis, By Mode of Application
      • Foliar
      • Fertigation
    • Market Size and Analysis, By Crop Type
      • Fruits, Vegetables & Melons (FVM)
      • Horticulture, Turf and Landscapes
      • Industrial Crops
      • Food Crops
    • Market Size and Analysis, By Form
      • Solid
      • Liquid
    • Market Size and Analysis, By Product Type
      • Straights
      • NPK Blends
      • NPK Blends High Quality
      • NPK Blends High Quality+
    • Market Share Analysis
15. North America Water Soluble Fertilizers Market Analysis
    • Introduction
    • Prominent Trends
    • North America Water Soluble Fertilizers Market Analysis, by Country
      • S.
      • Canada
    • Market Size and Analysis, By Mode of Application
      • Foliar
      • Fertigation
    • Market Size and Analysis, By Crop Type
      • Fruits, Vegetables & Melons (FVM)
      • Horticulture, Turf and Landscapes
      • Industrial Crops
      • Food Crops
    • Market Size and Analysis, By Form
      • Solid
      • Liquid
    • Market Size and Analysis, By Product Type
      • Straights
      • NPK Blends
      • NPK Blends High Quality
      • NPK Blends High Quality+
    • Market Share Analysis
      • By Country
      • By Product Type
      • By Crop Type
      • By Form
      • By Mode of Application

16. Latin America Water Soluble Fertilizers Market Analysis
    • Introduction
    • Prominent Trends
    • Latin America Water Soluble Fertilizers Market Analysis, by Country
      • Mexico
      • Brazil
      • Others
    • Market Size and Analysis, By Mode of Application
      • Foliar
      • Fertigation
    • Market Size and Analysis, By Crop Type
      • Fruits, Vegetables & Melons (FVM)
      • Horticulture, Turf and Landscapes
      • Industrial Crops
      • Food Crops
    • Market Size and Analysis, By Form
      • Solid
      • Liquid
    • Market Size and Analysis, By Product Type
      • Straights
      • NPK Blends
      • NPK Blends High Quality
      • NPK Blends High Quality+
    • Market Share Analysis
17. Europe Water Soluble Fertilizers Market Analysis
    • Introduction
    • Prominent Trends
    • Europe Water Soluble Fertilizers Market Analysis, by Country
      • Germany
      • K.
      • Spain
      • France
      • Italy
      • Russia
      • Others
    • Market Size and Analysis, By Mode of Application
      • Foliar
      • Fertigation
    • Market Size and Analysis, By Crop Type
      • Fruits, Vegetables & Melons (FVM)
      • Horticulture, Turf and Landscapes
      • Industrial Crops
      • Food Crops
    • Market Size and Analysis, By Form
      • Solid
      • Liquid
    • Market Size and Analysis, By Product Type
      • Straights
      • NPK Blends
      • NPK Blends High Quality
      • NPK Blends High Quality+
    • Market Share Analysis
18. Asia Pacific Water Soluble Fertilizers Market Analysis
    • Introduction
    • Prominent Trends
    • Asia Pacific Water Soluble Fertilizers Market Analysis, by Country
      • India
      • China
      • Australia & New Zealand
      • Japan
      • Others
    • Market Size and Analysis, By Mode of Application
      • Foliar
      • Fertigation
    • Market Size and Analysis, By Crop Type
      • Fruits, Vegetables & Melons (FVM)
      • Horticulture, Turf and Landscapes
      • Industrial Crops
      • Food Crops
    • Market Size and Analysis, By Form
      • Solid
      • Liquid
    • Market Size and Analysis, By Product Type
      • Straights
      • NPK Blends
      • NPK Blends High Quality
      • NPK Blends High Quality+
    • Market Share Analysis
19. Industry Structure
    • Strategic Analysis
      • Competitive Strategies
      • Mergers & Acquisitions Activity
      • Co-operative Agreements
    • Company Profiles (Overview, Product/Service Details, Geographic Scope, Financials, Strategic Intent & Approach, Core Competencies & Competitive Advantage and Key developments)
      • Israel Chemical Ltd. (ICL)
      • Sociedad Química Y Minera De Chile (SQM)
      • Yara International Asa
      • Haifa Chemicals Ltd.
      • Coromandel International Ltd.
      • KEMAPCO Arab Fertilizers & Chemical Industries
      • GreenHas Italia
      • TimacAgro International
      • CTS Group – Agrica
      • CIFO Italy
      • SIRIAC Italy
      • Miller Chemicals and Fertilizers

20. Prognosis for the Future

List of Tables

1. 1. Global Cereals Production Statistics (Metric Tons)
   2. Global Citrus Fruits Production Statistics (Metric Tons)
   3. Global Fruits Production Statistics (Metric Tons)
   4. Global Vegetable Production Statistics (Metric Tons)
   5. Global Agricultural Producer Price Index (2004-2006=100/Base Year)
   6. United States Net Production Value (constant 2004-2006 1000 I$)
   7. Canada Net Production Value (constant 2004-2006 1000 I$)
   8. Brazil Net Production Value (constant 2004-2006 1000 I$)
   9. Mexico Net Production Value (constant 2004-2006 1000 I$)
   10. France Net Production Value (constant 2004-2006 1000 I$)
   11. Germany Net Production Value (constant 2004-2006 1000 I$)
   12. Italy Net Production Value (constant 2004-2006 1000 I$)
   13. Spain Net Production Value (constant 2004-2006 1000 I$)
   14. K Net Production Value (constant 2004-2006 1000 I$)
   15. Russia Net Production Value (constant 2004-2006 1000 I$)
   16. India Net Production Value (constant 2004-2006 1000 I$)
   17. China Net Production Value (constant 2004-2006 1000 I$)
   18. Japan Net Production Value (constant 2004-2006 1000 I$)
   19. Australia Net Production Value (constant 2004-2006 1000 I$)
   20. New Zealand Net Production Value (constant 2004-2006 1000 I$)
   21. Indonesia Net Production Value (constant 2004-2006 1000 I$)
   22. Malaysia Net Production Value (constant 2004-2006 1000 I$)
   23. Philippines Net Production Value (constant 2004-2006 1000 I$)
   24. Thailand Net Production Value (constant 2004-2006 1000 I$)
   25. Viet Nam Net Production Value (constant 2004-2006 1000 I$)
   26. United States Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   27. Canada Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   28. Brazil Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   29. Mexico Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   30. France Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   31. Germany Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   32. Denmark Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   33. Ireland Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   34. Netherlands Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   35. Italy Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   36. Spain Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   37. K Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   38. Russia Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   39. Belarus Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   40. Poland Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   41. Ukraine Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   42. India Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   43. China Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   44. Japan Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   45. Australia Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   46. New Zealand Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   47. Indonesia Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   48. Malaysia Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   49. Philippines Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   50. Thailand Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   51. Viet Nam Fertilizer Agricultural Usage (Metric Tons), By Nutrient Type
   52. Global Credit to Agriculture, Forestry and Fishing (US$ Mn)
   53. Global Water Soluble Fertilizers Market Volume (‘000 Units), Region
   54. Global Water Soluble Fertilizers Market Value (US$ Mn), Region
   55. Global Water Soluble Fertilizers Market Volume (‘000 Units), Product Type
   56. Global Water Soluble Fertilizers Market Value (US$ Mn), Product Type
   57. Global Water Soluble Fertilizers Market Volume (‘000 Units), Crop Type
   58. Global Water Soluble Fertilizers Market Value (US$ Mn), Crop Type
   59. Global Water Soluble Fertilizers Market Volume (‘000 Units), Mode of Application
   60. Global Water Soluble Fertilizers Market Value (US$ Mn), Mode of Application
   61. Global Water Soluble Fertilizers Market Volume (‘000 Units), Form
   62. Global Soluble Fertilizers Market Value (US$ Mn), Form
   63. North America Water Soluble Fertilizers Market Volume (‘000 Units), Country
   64. North America Water Soluble Fertilizers Market Value (US$ Mn), Country
   65. North America Water Soluble Fertilizers Market Volume (‘000 Units), Product Type
   66. North America Water Soluble Fertilizers Market Value (US$ Mn), Product Type
   67. North America Water Soluble Fertilizers Market Volume (‘000 Units), Crop Type
   68. North America Water Soluble Fertilizers Market Value (US$ Mn), Crop Type
   69. North America Water Soluble Fertilizers Market Volume (‘000 Units), Mode of Application
   70. North America Water Soluble Fertilizers Market Value (US$ Mn), Mode of Application
   71. North America Water Soluble Fertilizers Market Volume (‘000 Units), Form
   72. North America Soluble Fertilizers Market Value (US$ Mn), Form
   73. Latin America Water Soluble Fertilizers Market Volume (‘000 Units), Country
   74. Latin America Water Soluble Fertilizers Market Value (US$ Mn), Country
   75. Latin America Water Soluble Fertilizers Market Volume (‘000 Units), Product Type
   76. Latin America Water Soluble Fertilizers Market Value (US$ Mn), Product Type
   77. Latin America Water Soluble Fertilizers Market Volume (‘000 Units), Crop Type
   78. Latin America Water Soluble Fertilizers Market Value (US$ Mn), Crop Type
   79. Latin America Water Soluble Fertilizers Market Volume (‘000 Units), Mode of Application
   80. Latin America Water Soluble Fertilizers Market Value (US$ Mn), Mode of Application
   81. Latin America Water Soluble Fertilizers Market Volume (‘000 Units), Form
   82. Latin America Soluble Fertilizers Market Value (US$ Mn), Form
   83. Europe Water Soluble Fertilizers Market Volume (‘000 Units), Country
   84. Europe Water Soluble Fertilizers Market Value (US$ Mn), Country
   85. Europe Water Soluble Fertilizers Market Volume (‘000 Units), Product Type
   86. Europe Water Soluble Fertilizers Market Value (US$ Mn), Product Type
   87. Europe Water Soluble Fertilizers Market Volume (‘000 Units), Crop Type
   88. Europe Water Soluble Fertilizers Market Value (US$ Mn), Crop Type
   89. Europe Water Soluble Fertilizers Market Volume (‘000 Units), Mode of Application
   90. Europe Water Soluble Fertilizers Market Value (US$ Mn), Mode of Application
   91. Europe Water Soluble Fertilizers Market Volume (‘000 Units), Form
   92. Europe Soluble Fertilizers Market Value (US$ Mn), Form
   93. Asia Pacific Water Soluble Fertilizers Market Volume (‘000 Units), Country
   94. Asia Pacific Water Soluble Fertilizers Market Value (US$ Mn), Country
   95. Asia Pacific Water Soluble Fertilizers Market Volume (‘000 Units), Product Type
   96. Asia Pacific Water Soluble Fertilizers Market Value (US$ Mn), Product Type
   97. Asia Pacific Water Soluble Fertilizers Market Volume (‘000 Units), Crop Type
   98. Asia Pacific Water Soluble Fertilizers Market Value (US$ Mn), Crop Type
   99. Asia Pacific Water Soluble Fertilizers Market Volume (‘000 Units), Mode of Application
   100. Asia Pacific Water Soluble Fertilizers Market Value (US$ Mn), Mode of Application
   101. Asia Pacific Water Soluble Fertilizers Market Volume (‘000 Units), Form
   102. Asia Pacific Soluble Fertilizers Market Value (US$ Mn), Form