| Product Code: ETC8838881 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines saw significant imports of crop micronutrients, with top suppliers being Taiwan, USA, Indonesia, Canada, and Germany. Despite high concentration levels, the industry experienced a notable decline with a CAGR of -24.49% from 2020 to 2024. The growth rate plummeted to -71.59% in 2024, indicating a challenging year for the market. Stakeholders should closely monitor these trends and adapt strategies to navigate the evolving landscape of crop micronutrient imports in the Philippines.

The crop micronutrients market is growing due to the need for balanced fertilization in degraded and nutrient-deficient soils. Farmers are turning to products like zinc, iron, and manganese-based supplements to boost yields. Government training programs and collaborations with agrochemical companies are encouraging adoption of micronutrient-enriched fertilizers.
Demand for specialized micronutrient blends is increasing with farmers adopting precision farming practices. Soil testing services and agronomic advisors support usage of tailored nutrient applications to boost crop quality and yields.
Micronutrient use in agriculture is hampered by limited awareness and cost sensitivity among farmers. The lack of soil testing infrastructure results in misuse or underuse of essential nutrients. Distribution networks are fragmented, especially in less developed regions, and counterfeit or substandard products are still a problem.
Deficiency in soil nutrients creates a robust market for crop micronutrients such as zinc, boron, and iron. Investors can establish formulation plants, supply chains, and B2B distribution networks for micronutrient blends. Customizing solutions for specific crop-soil combinations and integrating them with advisory services can offer competitive advantages.
Government policy supports the use of micronutrients through the DA`s soil health initiatives. The Fertilizer and Pesticide Authority regulates the formulation, registration, and import of micronutrient-based fertilizers, while training programs educate farmers on nutrient management practices.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Crop Micronutrients Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Crop Micronutrients Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Crop Micronutrients Market - Industry Life Cycle |
3.4 Philippines Crop Micronutrients Market - Porter's Five Forces |
3.5 Philippines Crop Micronutrients Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Philippines Crop Micronutrients Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Philippines Crop Micronutrients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness among farmers about the benefits of using micronutrients in crop production |
4.2.2 Government initiatives to promote sustainable agriculture practices |
4.2.3 Rising demand for high-quality crops in both domestic and international markets |
4.3 Market Restraints |
4.3.1 Limited availability of micronutrients in rural areas |
4.3.2 Lack of technical knowledge and expertise among farmers in optimizing micronutrient use |
4.3.3 Fluctuating prices of micronutrient products due to market volatility |
5 Philippines Crop Micronutrients Market Trends |
6 Philippines Crop Micronutrients Market, By Types |
6.1 Philippines Crop Micronutrients Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Philippines Crop Micronutrients Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Philippines Crop Micronutrients Market Revenues & Volume, By Chelated, 2021- 2031F |
6.1.4 Philippines Crop Micronutrients Market Revenues & Volume, By Non-chelated, 2021- 2031F |
6.2 Philippines Crop Micronutrients Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Crop Micronutrients Market Revenues & Volume, By Zinc, 2021- 2031F |
6.2.3 Philippines Crop Micronutrients Market Revenues & Volume, By Boron, 2021- 2031F |
6.2.4 Philippines Crop Micronutrients Market Revenues & Volume, By Iron, 2021- 2031F |
6.2.5 Philippines Crop Micronutrients Market Revenues & Volume, By Manganese, 2021- 2031F |
6.2.6 Philippines Crop Micronutrients Market Revenues & Volume, By Molybdenum, 2021- 2031F |
6.2.7 Philippines Crop Micronutrients Market Revenues & Volume, By Copper, 2021- 2031F |
7 Philippines Crop Micronutrients Market Import-Export Trade Statistics |
7.1 Philippines Crop Micronutrients Market Export to Major Countries |
7.2 Philippines Crop Micronutrients Market Imports from Major Countries |
8 Philippines Crop Micronutrients Market Key Performance Indicators |
8.1 Soil health improvement rate |
8.2 Crop yield improvement rate |
8.3 Adoption rate of micronutrient application techniques |
8.4 Farmer training participation rate |
8.5 Market penetration rate of micronutrient products |
9 Philippines Crop Micronutrients Market - Opportunity Assessment |
9.1 Philippines Crop Micronutrients Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Philippines Crop Micronutrients Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Philippines Crop Micronutrients Market - Competitive Landscape |
10.1 Philippines Crop Micronutrients Market Revenue Share, By Companies, 2024 |
10.2 Philippines Crop Micronutrients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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