Product Code: ETC8848714 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The phosphoric fertilizer market in the Philippines is driven by the countrys growing agricultural sector, which relies heavily on chemical inputs to increase crop yields. The use of phosphoric fertilizers is particularly prominent in the cultivation of staple crops such as rice, corn, and sugarcane. The market is influenced by global phosphate rock prices and government subsidies promoting fertilizer use to enhance food security.
The phosphoric fertilizer market in the Philippines is vital for supporting the countrys agricultural productivity, especially for crops like rice, corn, and sugarcane. Phosphate-based fertilizers are favored for their ability to enhance root development and improve yields. Government subsidies and programs supporting local farmers help stimulate demand, while the country continues to import a significant portion of its fertilizer needs. Environmental concerns and efforts to promote sustainable agriculture may influence the adoption of alternative fertilizer blends in the future.
Phosphoric fertilizer usage is hindered by volatile global phosphate prices and limited local production. Smallholder farmers often lack awareness of the benefits of balanced fertilization and prefer cheaper urea-based alternatives. Furthermore, environmental concerns and weak enforcement of best agricultural practices challenge sustainable market growth.
The agricultural sector in the Philippines continues to rely heavily on fertilizers, particularly phosphoric ones, to boost crop yields. Investors can benefit from establishing production units, engaging in bulk imports, and providing value-added products that cater to smallholder farmers and government-supported programs.
The Fertilizer and Pesticide Authority (FPA) regulates the registration, quality, and distribution of phosphoric fertilizers. The government promotes the use of balanced fertilization under the National Rice and Corn Program, providing subsidies and training to farmers on the proper application of phosphate-based fertilizers.
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 Phosphoric Fertilizer Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Phosphoric Fertilizer Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Phosphoric Fertilizer Market - Industry Life Cycle |
3.4 Philippines Phosphoric Fertilizer Market - Porter's Five Forces |
3.5 Philippines Phosphoric Fertilizer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Phosphoric Fertilizer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Phosphoric Fertilizer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Phosphoric Fertilizer Market Trends |
6 Philippines Phosphoric Fertilizer Market, By Types |
6.1 Philippines Phosphoric Fertilizer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Phosphoric Fertilizer Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Phosphoric Fertilizer Market Revenues & Volume, By Diammonium Phosphate (DAP) Fertilizer, 2021- 2031F |
6.1.4 Philippines Phosphoric Fertilizer Market Revenues & Volume, By Monoammonium Phosphate (MAP) Fertilizer, 2021- 2031F |
6.1.5 Philippines Phosphoric Fertilizer Market Revenues & Volume, By NPKs Fertilizer, 2021- 2031F |
6.1.6 Philippines Phosphoric Fertilizer Market Revenues & Volume, By SSP Fertilizer, 2021- 2031F |
6.1.7 Philippines Phosphoric Fertilizer Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Phosphoric Fertilizer Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Phosphoric Fertilizer Market Revenues & Volume, By Cereals and Grains, 2021- 2031F |
6.2.3 Philippines Phosphoric Fertilizer Market Revenues & Volume, By Oilseeds, 2021- 2031F |
6.2.4 Philippines Phosphoric Fertilizer Market Revenues & Volume, By Fruits and Vegetables, 2021- 2031F |
6.2.5 Philippines Phosphoric Fertilizer Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Phosphoric Fertilizer Market Import-Export Trade Statistics |
7.1 Philippines Phosphoric Fertilizer Market Export to Major Countries |
7.2 Philippines Phosphoric Fertilizer Market Imports from Major Countries |
8 Philippines Phosphoric Fertilizer Market Key Performance Indicators |
9 Philippines Phosphoric Fertilizer Market - Opportunity Assessment |
9.1 Philippines Phosphoric Fertilizer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Phosphoric Fertilizer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Phosphoric Fertilizer Market - Competitive Landscape |
10.1 Philippines Phosphoric Fertilizer Market Revenue Share, By Companies, 2024 |
10.2 Philippines Phosphoric Fertilizer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |