Indian Fertilizer Industry










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FertilizerINDIAN FERTILIZER INDUSTRY AT A GLANCE IN 2018 - 2019 Fertilizer



India is the 3rd largest producer and consumer of fertilizers in the world. Overall production of fertilizers during FY18 has been 413 LMT. The Indian fertilizer market was worth INR 5,437 Billion in 2018.


2018-2019 Indian Fertilizer Industry

Urea Production

Domestic production of urea has decreased marginally by 0.7%, and imports have increased by 9.0% during FY18. Urea imports started increasing from the second half of year 2018 onwards. Import dependence of urea slightly increased from 18.5% in FY17 to 19.9% in FY18 while share of domestic production decreased marginally from 81.5% to 80.1% during this period. Presently India mainly imports Urea from Oman (42%), Iran (34%) and China (13%)

DAP

Diammonium Phosphate (DAP) production has risen on account of expansion of domestic capacity and easy availability of acid, which has partly substituted imports that decreased by 3.8% during FY18. India mainly imports DAP from China (45%), Saudi Arabia (31%), USA (13%) and Jordan (5%).

Potash

India meets its Potassium chloride also called as Potash or MOP requirements completely through imports from Canada (23%), Russia (22%), CIS+ Belarus (15%), Israel (15%), Jordan (11%) and Lithuania (10%). MOP imports have increased by 26.8%.

Industry Forecast

The Indian Fertilizer market is projected to reach INR 11,116 Billion by 2024, growing at a CAGR of 12.3% during 2019-2024. The demand of fertilizers in India has witnessed double digit growth rates over the past several years thanks to sustainable agriculture industry

Fertilizer  INDIAN fertilizer INDUSTRY AT A Glance IN 2017 - 2018

Fertilizer  INDIAN fertilizer INDUSTRY AT A Glance IN 2016 - 2017

Fertilizer  INDIAN fertilizer INDUSTRY AT A Glance IN 2015 - 2016

Fertilizer  INDIAN fertilizer INDUSTRY AT A Glance IN 2014 - 2015

Fertilizer  INDIAN fertilizer INDUSTRY AT A Glance IN 2013 - 2014

Fertilizer  INDIAN fertilizer INDUSTRY AT A Glance IN 2012 - 2013

Fertilizer  INDIAN fertilizer INDUSTRY AT A Glance IN 2011 - 2012

Fertilizer  Fertilizers Association of India

Fertilizer  INDIAN FARMERS FERTILIZERS COOPERATIVE LIMITED (IFFCO)

Indian Industry  back to fertilizer INDUSTRies