With production value of USD20.5 billion, India accounts for 12.5% of the Asia Pacific total in 2023. The industry’s exports share increases in 2023 to 1.3% of total production output. The industry’s profitability increases and stands at 15.7% of production value in 2023, the sixth highest regionally. The costs of the industry increase by 0.1% in 2023, largely driven by rising labour costs. The total number of companies increases in 2023, to 172,289 units. The industry is concentrated, with the top five companies generating 50.7% of total production value in 2023. Indian Farmers Fertilisers Cooperative Ltd is the largest company in India, generating 17.7% of the industry’s total production value in 2023. India has the second largest market size for fertilisers and nitrogen compounds regionally, with demand reaching USD36.2 billion in 2023. B2B drives market demand, with B2B spending representing 94.9% of total demand in 2023. The market is dominated by foreign suppliers, as imports account for 54.6% of total market size in 2023.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Fertilisers and Nitrogen Compounds in India: ISIC 2412. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Fertilisers and Nitrogen Compounds in India: ISIC 2412 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!