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Indonesia Fertilizer Market Size

The Indonesia Fertilizer Market is experiencing growth, with its market size expected to expand significantly over the forecast period. The field crops segment, particularly rice, dominates the market, reflecting Indonesia's status as a leading rice producer. Conventional fertilizers hold a substantial share within this segment, while specialty fertilizers are also gaining traction. The horticultural crops segment shows potential for growth due to low fruit and vegetable consumption levels, and the turf and ornamental crops segment is on the rise, driven by increased demand from sports facilities.

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Market Size of indonesia fertilizer Industry

Indonesia Fertilizer Market Summary
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svg icon Study Period 2017 - 2030
svg icon Market Size (2024) USD 8.47 Billion
svg icon Market Size (2030) USD 12.15 Billion
svg icon Largest Share by Crop Type Field Crops
svg icon CAGR (2024 - 2030) 6.19 %
svg icon Fastest Growing by Crop Type Horticultural Crops
svg icon Market Concentration Medium

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Indonesia Fertilizer Market Analysis

The Indonesia Fertilizer Market size is estimated at 8.47 billion USD in 2024, and is expected to reach 12.15 billion USD by 2030, growing at a CAGR of 6.19% during the forecast period (2024-2030).

8.47 Billion

Market Size in 2024 (USD)

12.15 Billion

Market Size in 2030 (USD)

7.99 %

CAGR (2017-2023)

6.19 %

CAGR (2024-2030)

Largest segment by Form

95.76 %

value share, Conventional, 2023

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Conventional fertilizers are the most widely used in Indonesia. The nitrogenous segment is considered the largest segment of the primary nutrients and accounts for a major share.

Largest Segment by Crop Type

90.17 %

value share, Field Crops, 2023

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Field crops dominating the market due to nutrinent deficiencies by continuous floods and droughts, and higher cultivation areas under these crop lead higher market share

Fastest growing by Speciality Type

7.41 %

Projected CAGR, CRF, 2024-2030

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Controll released fertilizers are growing faster with the adoption of sustainable agricultural practices and their efficiency in reducing nutrient leaching and volatilization

Largest segment by Application Mode

95.80 %

value share, Soil, 2023

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The dominance of soil application mode attributed to the rise in adoption of conventional fertilizers, CRFs, and SRFs resulted in the soil mode higher market share

Leading Market Player

28.59 %

market share, Pupuk Indonesia (Persero), 2022

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Pupuk Indonesia (Persero) emerged as the prominent player in the market with extensive distribution network and its retail program called kiosk and Pe'i shop initiative

Field crops dominate the consumption of fertilizers in the country

  • In 2022, field crops dominated the fertilizer market in Indonesia, representing 92.3% of the market's value, which amounted to USD 3.93 billion. Notably, rice is the primary field crop in the country, with Indonesia ranking as the world's third-largest rice producer, trailing only China and India. Key regions for rice cultivation in Indonesia include South Sumatra, West Java, Central Java, East Java, and South Sulawesi.
  • Conventional fertilizers held the highest share in the field crop segment, accounting for 76.0% in 2022, while specialty fertilizers made up the remaining 24.0%. Within the specialty fertilizers category, the conventional segment is projected to record a CAGR of 6.1% between 2023 and 2030.
  • Horticultural crops constituted 9.3% of Indonesia's fertilizer market in 2022. Given the importance of fruits and vegetables in a balanced diet, it is worth noting that in 2016, Indonesians consumed only 43% of the recommended intake. Furthermore, over the past five years, this consumption has declined, falling below half of the recommended levels. On average, Indonesians consumed 173 grams of fruits and vegetables per day, significantly lower than the recommended 400 grams, indicating potential for growth in this segment.
  • In 2022, turf and ornamental crops made up less than 1.0% of Indonesia's fertilizer market, primarily due to their limited cultivation area, accounting for a mere 0.03% of the country's total crop area.
  • The turf and ornamental fertilizer market in Indonesia is witnessing an upward trajectory, driven by rising demand, particularly from sports stadiums like football fields. This segment is projected to witness a CAGR of 6.2% between 2023 and 2030.
Indonesia Fertilizer Market

Indonesia Fertilizer Industry Segmentation

Complex, Straight are covered as segments by Type. Conventional, Speciality are covered as segments by Form. Fertigation, Foliar, Soil are covered as segments by Application Mode. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type.

  • In 2022, field crops dominated the fertilizer market in Indonesia, representing 92.3% of the market's value, which amounted to USD 3.93 billion. Notably, rice is the primary field crop in the country, with Indonesia ranking as the world's third-largest rice producer, trailing only China and India. Key regions for rice cultivation in Indonesia include South Sumatra, West Java, Central Java, East Java, and South Sulawesi.
  • Conventional fertilizers held the highest share in the field crop segment, accounting for 76.0% in 2022, while specialty fertilizers made up the remaining 24.0%. Within the specialty fertilizers category, the conventional segment is projected to record a CAGR of 6.1% between 2023 and 2030.
  • Horticultural crops constituted 9.3% of Indonesia's fertilizer market in 2022. Given the importance of fruits and vegetables in a balanced diet, it is worth noting that in 2016, Indonesians consumed only 43% of the recommended intake. Furthermore, over the past five years, this consumption has declined, falling below half of the recommended levels. On average, Indonesians consumed 173 grams of fruits and vegetables per day, significantly lower than the recommended 400 grams, indicating potential for growth in this segment.
  • In 2022, turf and ornamental crops made up less than 1.0% of Indonesia's fertilizer market, primarily due to their limited cultivation area, accounting for a mere 0.03% of the country's total crop area.
  • The turf and ornamental fertilizer market in Indonesia is witnessing an upward trajectory, driven by rising demand, particularly from sports stadiums like football fields. This segment is projected to witness a CAGR of 6.2% between 2023 and 2030.
Type
Complex
Straight
Micronutrients
Boron
Copper
Iron
Manganese
Molybdenum
Zinc
Others
Nitrogenous
Ammonium Nitrate
Anhydrous Ammonia
Urea
Others
Phosphatic
DAP
MAP
SSP
TSP
Others
Potassic
MoP
SoP
Others
Secondary Macronutrients
Calcium
Magnesium
Sulfur
Form
Conventional
Speciality
CRF
Liquid Fertilizer
SRF
Water Soluble
Application Mode
Fertigation
Foliar
Soil
Crop Type
Field Crops
Horticultural Crops
Turf & Ornamental
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Indonesia Fertilizer Market Size Summary

The Indonesia Fertilizer Market is poised for significant growth, driven by the country's substantial agricultural sector, particularly in field crops like rice, corn, and cassava. As the third-largest rice producer globally, Indonesia's rice cultivation is concentrated in key regions such as Java, Sumatra, and Sulawesi, with a focus on enhancing productivity to reduce import dependency. The market is characterized by a dominant share of conventional fertilizers, which are essential for supporting the nutrient needs of these major crops. The demand for fertilizers is further bolstered by the country's efforts to improve self-sufficiency and increase crop yields through the application of nitrogen, phosphorus, and potassium, which are crucial for plant growth and development.

The market landscape is moderately consolidated, with major players like Pupuk Indonesia, Asia Kimindo Prima, and Yara International ASA leading the charge. Recent developments include significant investments in production capacity expansions and the introduction of new fertilizer products to meet the growing demand. The horticultural segment, although smaller, presents opportunities for growth, particularly in fruits and vegetables, as dietary consumption patterns evolve. The turf and ornamental segment is also experiencing upward momentum, driven by increasing demand from sports facilities. Overall, the Indonesia Fertilizer Market is set to expand, supported by strategic initiatives and a focus on enhancing agricultural productivity.

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Indonesia Fertilizer Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)

    1. 1.1 Type

      1. 1.1.1 Complex

      2. 1.1.2 Straight

        1. 1.1.2.1 Micronutrients

          1. 1.1.2.1.1 Boron

          2. 1.1.2.1.2 Copper

          3. 1.1.2.1.3 Iron

          4. 1.1.2.1.4 Manganese

          5. 1.1.2.1.5 Molybdenum

          6. 1.1.2.1.6 Zinc

          7. 1.1.2.1.7 Others

        2. 1.1.2.2 Nitrogenous

          1. 1.1.2.2.1 Ammonium Nitrate

          2. 1.1.2.2.2 Anhydrous Ammonia

          3. 1.1.2.2.3 Urea

          4. 1.1.2.2.4 Others

        3. 1.1.2.3 Phosphatic

          1. 1.1.2.3.1 DAP

          2. 1.1.2.3.2 MAP

          3. 1.1.2.3.3 SSP

          4. 1.1.2.3.4 TSP

          5. 1.1.2.3.5 Others

        4. 1.1.2.4 Potassic

          1. 1.1.2.4.1 MoP

          2. 1.1.2.4.2 SoP

          3. 1.1.2.4.3 Others

        5. 1.1.2.5 Secondary Macronutrients

          1. 1.1.2.5.1 Calcium

          2. 1.1.2.5.2 Magnesium

          3. 1.1.2.5.3 Sulfur

    2. 1.2 Form

      1. 1.2.1 Conventional

      2. 1.2.2 Speciality

        1. 1.2.2.1 CRF

        2. 1.2.2.2 Liquid Fertilizer

        3. 1.2.2.3 SRF

        4. 1.2.2.4 Water Soluble

    3. 1.3 Application Mode

      1. 1.3.1 Fertigation

      2. 1.3.2 Foliar

      3. 1.3.3 Soil

    4. 1.4 Crop Type

      1. 1.4.1 Field Crops

      2. 1.4.2 Horticultural Crops

      3. 1.4.3 Turf & Ornamental

Indonesia Fertilizer Market Size FAQs

The Indonesia Fertilizer Market size is expected to reach USD 8.47 billion in 2024 and grow at a CAGR of 6.19% to reach USD 12.15 billion by 2030.

In 2024, the Indonesia Fertilizer Market size is expected to reach USD 8.47 billion.

Indonesia Fertilizer Market Report Snapshots

Indonesia Fertilizer Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030