| Product Code: ETC8846973 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines continues to rely on imports for nutrients and micronutrient fertilizers, with top exporters in 2024 being Taiwan, USA, Indonesia, Canada, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 shows a significant decline of -24.49%, with a sharp decrease in the growth rate from 2023 to 2024 at -71.59%. These trends suggest a challenging market environment with potential shifts in supply dynamics impacting the industry in the coming years.

The growing emphasis on sustainable agriculture and improved crop yields is driving the demand for nutrients and micronutrient fertilizers in the Philippines. With the depletion of soil nutrients due to intensive farming practices, farmers are increasingly adopting fertilizers enriched with essential micronutrients such as zinc, iron, and boron. Government initiatives promoting sustainable farming practices and food security further support the expansion of this market.
The increasing need for higher agricultural productivity is driving the demand for micronutrient fertilizers in the Philippines. Farmers are becoming more aware of soil nutrient deficiencies and the role of micronutrients in improving crop yields and quality. Government initiatives promoting sustainable farming practices and subsidies for advanced fertilizers are further supporting market growth. Additionally, technological innovations in precision agriculture and soil testing are enhancing the adoption of micronutrient fertilizers.
The nutrients and micronutrient fertilizers market in the Philippines faces obstacles related to high production costs and fluctuating raw material prices. Many farmers cannot afford micronutrient-rich fertilizers, leading to limited adoption. Additionally, lack of awareness about the benefits of micronutrient fertilizers results in slow market growth. Regulatory restrictions on fertilizer imports and distribution further complicate supply chain operations.
The demand for high-yield crops and sustainable farming practices is driving growth in the micronutrient fertilizers market in the Philippines. Investors can explore opportunities in producing and supplying nutrient-rich fertilizers that enhance soil fertility and crop productivity. Innovations in organic and precision agriculture solutions also offer potential for investment. Government policies promoting agricultural sustainability and food security further support the expansion of this market.
In the Philippines, the government has developed policies to support the agricultural sector through the use of nutrients and micronutrient fertilizers. The Department of Agriculture (DA) provides subsidies and technical assistance to farmers to improve the quality and yield of crops using micronutrient fertilizers. Additionally, the government promotes the use of sustainable farming practices and the development of locally-produced fertilizers, encouraging the use of environmentally-friendly options that help improve soil health and agricultural productivity.
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 Nutrients and Micronutrient Fertilizers Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Nutrients and Micronutrient Fertilizers Market - Industry Life Cycle |
3.4 Philippines Nutrients and Micronutrient Fertilizers Market - Porter's Five Forces |
3.5 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume Share, By Nutrient Type, 2021 & 2031F |
3.6 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
3.8 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Nutrients and Micronutrient Fertilizers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of using nutrients and micronutrient fertilizers for crop yield and quality improvement |
4.2.2 Government support and initiatives to promote sustainable agriculture practices |
4.2.3 Growing demand for high-quality agricultural products in domestic and international markets |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting the production costs of nutrients and micronutrient fertilizers |
4.3.2 Lack of awareness and education among farmers regarding the proper use and application of these fertilizers |
4.3.3 Environmental concerns and regulations related to the use of chemical fertilizers |
5 Philippines Nutrients and Micronutrient Fertilizers Market Trends |
6 Philippines Nutrients and Micronutrient Fertilizers Market, By Types |
6.1 Philippines Nutrients and Micronutrient Fertilizers Market, By Nutrient Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Nutrient Type, 2021- 2031F |
6.1.3 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Zinc, 2021- 2031F |
6.1.4 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Manganese, 2021- 2031F |
6.1.5 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Copper, 2021- 2031F |
6.1.6 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Boron, 2021- 2031F |
6.1.7 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Molybdenum, 2021- 2031F |
6.1.8 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Iron, 2021- 2031F |
6.2 Philippines Nutrients and Micronutrient Fertilizers Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Chelated, 2021- 2031F |
6.2.3 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Non-Chelated, 2021- 2031F |
6.3 Philippines Nutrients and Micronutrient Fertilizers Market, By Crop Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Grains and Cereals, 2021- 2031F |
6.3.3 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Pulses and Oilseeds, 2021- 2031F |
6.3.4 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Commercial Crops, 2021- 2031F |
6.3.5 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Fruits and Vegetables, 2021- 2031F |
6.3.6 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Philippines Nutrients and Micronutrient Fertilizers Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Soil, 2021- 2031F |
6.4.3 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Foliar, 2021- 2031F |
6.4.4 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Fertigation, 2021- 2031F |
6.4.5 Philippines Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Nutrients and Micronutrient Fertilizers Market Import-Export Trade Statistics |
7.1 Philippines Nutrients and Micronutrient Fertilizers Market Export to Major Countries |
7.2 Philippines Nutrients and Micronutrient Fertilizers Market Imports from Major Countries |
8 Philippines Nutrients and Micronutrient Fertilizers Market Key Performance Indicators |
8.1 Adoption rate of advanced farming techniques incorporating nutrients and micronutrient fertilizers |
8.2 Soil health improvement indicators such as organic matter content and pH levels |
8.3 Farmers' satisfaction and feedback on the effectiveness of the fertilizers on crop yield and quality |
9 Philippines Nutrients and Micronutrient Fertilizers Market - Opportunity Assessment |
9.1 Philippines Nutrients and Micronutrient Fertilizers Market Opportunity Assessment, By Nutrient Type, 2021 & 2031F |
9.2 Philippines Nutrients and Micronutrient Fertilizers Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Philippines Nutrients and Micronutrient Fertilizers Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
9.4 Philippines Nutrients and Micronutrient Fertilizers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Nutrients and Micronutrient Fertilizers Market - Competitive Landscape |
10.1 Philippines Nutrients and Micronutrient Fertilizers Market Revenue Share, By Companies, 2024 |
10.2 Philippines Nutrients and Micronutrient Fertilizers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |