Market Size of china fertilizers Industry
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 55.79 Billion |
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Market Size (2030) | USD 79.08 Billion |
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Largest Share by Crop Type | Field Crops |
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CAGR (2024 - 2030) | 5.99 % |
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Fastest Growing by Crop Type | Turf & Ornamental |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
China Fertilizers Market Analysis
The China Fertilizers Market size is estimated at 55.79 billion USD in 2024, and is expected to reach 79.08 billion USD by 2030, growing at a CAGR of 5.99% during the forecast period (2024-2030).
55.79 Billion
Market Size in 2024 (USD)
79.08 Billion
Market Size in 2030 (USD)
5.74 %
CAGR (2017-2023)
5.99 %
CAGR (2024-2030)
Largest segment by Product
54.49 %
value share, Urea, 2023
Urea is the most popular nitrogenous fertilizer in the country. China consumes close to a third of the world's urea output being the largest consumer of urea in the globe.
Largest Segment by Crop Type
67.72 %
value share, Field Crops, 2023
Arising nutrient deficiencies in soils with adoption of intensive and monocultural practices and rise in cereal cultivation making filed crops fertilizers consumption more
Fastest Growing Speciality Type
7.05 %
Projected CAGR, CRF, 2024-2030
Country's Zero growth policy and need for higher food production increasing the adoption of high efficient fertilizers like CRFs, reduces the fertilizers utilization
Largest segment by Application Mode
74.97 %
value share, Soil, 2023
Soil application mode leading the market with growing adoption of advanced and high efficiant fertilizers like CRFs, SRFs and rise in conventional fertilizers usage.
Leading Market Player
4.45 %
market share, Sinofert Holdings Limited, 2022
Sinofert emerged as the prominent player by increasing product portfolio with parntership strategy and enhanced distribution network of 2110 outlets across the country
Intensive cultivation and monoculture necessitating the fertilizers use
- Due to continuous long-term cultivation without crop rotation, farmland fertility has been depleted and has become more deficient, increasing the need for fertilizers, especially in South China. Due to growing concerns about environmental pollution, there is a rising demand for sustainable fertilizers in field crops.
- Field crops often utilize the greatest nitrogen fertilizers. Due to their extensive cultivation, grains and cereals deplete soil nutrients, requiring the application of additional fertilizers to make up for it. Conventional fertilizers accounted for about 73.3%, and specialty fertilizers accounted for about 26.7% of the total field crops fertilizer market value in 2022.
- Horticultural crops utilize more specialty fertilizers than field crops since they are grown all year long and benefit from superior watering methods like sprinkler and drip irrigation, which encourage the use of water-soluble and liquid fertilizers. About 18.7% of the market value of fertilizers used in horticultural crops was made up of specialty fertilizers in 2021.
- In 2022, less than 1% of the country's total fertilizer market was made up of turf and ornamental products. Over recent years, the government put greater emphasis on self-sufficiency and established a number of methods, such as the production of ornamental flowers in greenhouses, which are expected to support sectoral growth.
- Therefore, it is projected that the segmental growth will be boosted throughout 2023-2030 due to the rising demand from field crops and increased focus on self-sufficiency to reduce the import of ornamentals. The country is the leading producer of fertilizers.
China Fertilizers 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.
- Due to continuous long-term cultivation without crop rotation, farmland fertility has been depleted and has become more deficient, increasing the need for fertilizers, especially in South China. Due to growing concerns about environmental pollution, there is a rising demand for sustainable fertilizers in field crops.
- Field crops often utilize the greatest nitrogen fertilizers. Due to their extensive cultivation, grains and cereals deplete soil nutrients, requiring the application of additional fertilizers to make up for it. Conventional fertilizers accounted for about 73.3%, and specialty fertilizers accounted for about 26.7% of the total field crops fertilizer market value in 2022.
- Horticultural crops utilize more specialty fertilizers than field crops since they are grown all year long and benefit from superior watering methods like sprinkler and drip irrigation, which encourage the use of water-soluble and liquid fertilizers. About 18.7% of the market value of fertilizers used in horticultural crops was made up of specialty fertilizers in 2021.
- In 2022, less than 1% of the country's total fertilizer market was made up of turf and ornamental products. Over recent years, the government put greater emphasis on self-sufficiency and established a number of methods, such as the production of ornamental flowers in greenhouses, which are expected to support sectoral growth.
- Therefore, it is projected that the segmental growth will be boosted throughout 2023-2030 due to the rising demand from field crops and increased focus on self-sufficiency to reduce the import of ornamentals. The country is the leading producer of fertilizers.
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| Complex | ||||||||||||||||||||||||||||||||
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| Form | ||||||
| Conventional | ||||||
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| Application Mode | |
| Fertigation | |
| Foliar | |
| Soil |
| Crop Type | |
| Field Crops | |
| Horticultural Crops | |
| Turf & Ornamental |
China Fertilizers Market Size Summary
The China Fertilizers Market is poised for significant growth, driven by the increasing demand for fertilizers due to depleted soil fertility from continuous cultivation practices, particularly in South China. The market is characterized by a substantial reliance on conventional fertilizers, with a notable portion dedicated to specialty fertilizers, especially for horticultural crops that benefit from advanced irrigation methods. The government's focus on self-sufficiency and the production of ornamental flowers in greenhouses is expected to further stimulate market expansion. As the leading producer of fertilizers, China is witnessing a shift in its agricultural landscape, with field crops like corn, rice, and wheat dominating the cultivation area. The seasonal division of crop production into spring and winter cycles, along with the challenges posed by climatic conditions, underscores the critical role of fertilizers in maintaining crop yields and soil health.
The market landscape is fragmented, with major players such as Henan XinlianXin Chemicals Group Company Limited, ICL Group Ltd, Sinofert Holdings Limited, Xinyangfeng Agricultural Technology Co., Ltd., and Yara International ASA holding significant shares. The application of primary nutrients, particularly nitrogen, potassium, and phosphorus, is crucial for enhancing plant growth and mitigating soil nutrient depletion. However, environmental concerns related to nutrient runoff and groundwater contamination highlight the need for improved fertilizer application practices. Strategic partnerships and product innovations, such as ICL's agreements and new NPK formulations, are indicative of the industry's efforts to optimize yields and expand internationally. As China continues to lead in global agricultural production, the demand for fertilizers is expected to rise, aligning with the country's goals to support its growing population and maintain its agricultural dominance.
China Fertilizers Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
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1.1 Type
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1.1.1 Complex
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1.1.2 Straight
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1.1.2.1 Micronutrients
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1.1.2.1.1 Boron
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1.1.2.1.2 Copper
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1.1.2.1.3 Iron
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1.1.2.1.4 Manganese
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1.1.2.1.5 Molybdenum
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1.1.2.1.6 Zinc
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1.1.2.1.7 Others
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1.1.2.2 Nitrogenous
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1.1.2.2.1 Urea
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1.1.2.2.2 Others
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1.1.2.3 Phosphatic
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1.1.2.3.1 DAP
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1.1.2.3.2 MAP
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1.1.2.3.3 SSP
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1.1.2.3.4 TSP
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1.1.2.3.5 Others
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1.1.2.4 Potassic
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1.1.2.4.1 MoP
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1.1.2.4.2 SoP
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1.1.2.4.3 Others
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1.1.2.5 Secondary Macronutrients
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1.1.2.5.1 Calcium
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1.1.2.5.2 Magnesium
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1.1.2.5.3 Sulfur
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1.2 Form
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1.2.1 Conventional
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1.2.2 Speciality
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1.2.2.1 CRF
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1.2.2.2 Liquid Fertilizer
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1.2.2.3 SRF
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1.2.2.4 Water Soluble
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1.3 Application Mode
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1.3.1 Fertigation
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1.3.2 Foliar
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1.3.3 Soil
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1.4 Crop Type
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1.4.1 Field Crops
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1.4.2 Horticultural Crops
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1.4.3 Turf & Ornamental
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China Fertilizers Market Size FAQs
How big is the China Fertilizers Market?
The China Fertilizers Market size is expected to reach USD 55.79 billion in 2024 and grow at a CAGR of 5.99% to reach USD 79.08 billion by 2030.
What is the current China Fertilizers Market size?
In 2024, the China Fertilizers Market size is expected to reach USD 55.79 billion.
