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Indonesia is the fourth most populous country in the world and an important agricultural country. The overall demand for fertilizers in Indonesia is showing an increasing trend. In 2021, Indonesia's agricultural land reached 64.6 million hectares, and the cultivated land area reached 26.3 million hectares. The cultivated land area accounted for 13.9% of the country's land area. According to statistics, 45% of Indonesia's population lives in rural areas, and more than 90% of those engaged in agriculture are small farmers.

According to CRI analysis, farms account for 32% of Indonesia’s total land area, and agricultural production accounts for 14% of the gross domestic product (GDP). Indonesia is also the world's third largest exporter of cocoa and rubber, and increased export-oriented crop cultivation has led to rising demand for fertilizers in Indonesia. In 2023, Indonesia's fertilizer imports reached US$ 2.03 billion, and Indonesia is one of the world's largest fertilizer importers.

In 2020-2022, the COVID -19 pandemic had an adverse impact on the Indonesian fertilizer industry. Fertilizer production in Indonesia fell by 20-30% due to supply constraints. In addition, due to the turmoil in the international situation, which has had a huge impact on the supply side of the fertilizer market, especially the potash fertilizer market, Indonesian fertilizer market prices have also increased.

CRI predicts that with the development of Indonesia's agriculture and planting industry, Indonesia's demand for fertilizers will continue to rise from 2024 to 2033.

Due to Indonesia's limited domestic fertilizer production capacity, annual fertilizer imports will continue to rise. CRI predicts that Indonesia's fertilizer imports will reach 7.54 million tons in 2033, with a compound annual growth rate of 3.1 % from 2024 to 2033.

Topics covered:

• Indonesia Fertilizer Industry Overview


• Economic environment and policy environment of fertilizers in Indonesia


• Indonesian fertilizer market size from 2019 to 2023


• Analysis of major Indonesian fertilizer manufacturers


• Key Drivers and Market Opportunities of Indonesia’s Fertilizer Industry


• What are the key drivers, challenges and opportunities for the Indonesian fertilizer industry during the forecast period 2024-2033?


• What is the expected revenue of the Indonesia Fertilizer market during the forecast period 2024-2033?


• What strategies are adopted by the key players in the market to increase their market share in the industry?


• Which segment of the Indonesian Fertilizer Market is expected to dominate the market in 2033?


• Indonesia Fertilizer Market Forecast from 2024 to 2033


• What are the main headwinds facing Indonesia’s fertilizer industry?