Key Market Indicators
Thailand's fertilizer exports are expected to reach 149,410 metric tons by 2026, up from 132,000 metric tons in 2021. This represents an average 2% year-on-year growth since 2007, when the country recorded a 1.1% year-on-year decline. In 2021, Thailand ranked 20th, while Romania overtook with 132,000 metric tons. Norway, Belgium, and Finland respectively ranked 2nd, 3rd, and 4th in the ranking. Thailand's fertilizer imports are projected to reach 698,240 metric tons by 2026, down from 749,150 metric tons in 2021. This translates to an average 1.1% year-on-year decrease since 2007, when the country saw a 3% year-on-year drop. In 2021, Thailand placed 5th in the ranking, with Spain overtaking at 749,150 metric tons. Brazil, Spain, and Thailand respectively ranked 2nd, 3rd, and 4th.
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Fertilizer Industry: A Comprehensive Examination of Prevailing Trends and Opportunities
Over time, an increase in global food demand, due to exponential population growth, has understandably led to a surge in the need for fertilizers. A pivotal element for the agricultural industry, a key trend identified is the rise of organic and bio-fertilizers, reflecting environmental-focused consumer preferences. The pressing need for...
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Fertilisers and Nitrogen Compounds: Navigating Dynamics of a Globally Influential Sector
The production and use of fertilisers and nitrogen compounds contribute significantly to the global agricultural sector, with a consequential impact on food security worldwide. These core components of modern agribusiness are relied upon to boost crop yields, increase farmer productivity, and ultimately, stimulate economic growth in countries with strong agricultural...
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Fertilizer Sector: Unveiling the Dynamics of Controlled Release Innovations
Controlled Release Fertilizers (CRFs) are advanced agricultural innovations that offer gradual or delayed nutrient release, improving plant health while concurrently minimizing environmental impact. Such innovative fertilizers promise high-efficiency uptake, reducing the necessity for frequent applications and improving cost-effectiveness for farmers, while also reducing over-reliance on conventional fertilizers and resulting ecological...
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Fertilizer Industry: Decoding Trends and Predicting Future Outcomes in Dynamic Environments
Vietnam's fertilizer market has witnessed steadfast growth marked by steady demand, particularly in the agricultural sector. The country has been gradually shifting towards the use of environmentally conscious products; biofertilizers, for instance, have gained significant popularity. Simultaneously, Vietnam has been increasingly reliant on imports to cover its domestic fertilizer needs,...
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Fertilizer Sector: Deep Dive into Comprehensive Market Reports
Primarily dominated by agriculture, the Vietnamese economy heavily relies on the fertilizer industry. The increasing need to satisfy its growing population has remarkably boosted crop production, driving the industry's growth. Year-on-year, the market has demonstrated encouraging progress, underpinned by the rise in domestic demand and strong export dynamics. Trade liberalizations...
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