Product Code: ETC8852627 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Sulfate of potash is used primarily in agriculture as a premium fertilizer, especially for chloride-sensitive crops. In the Philippines, the market is expanding due to the rising focus on sustainable farming practices and improving crop yields. Government initiatives to support agricultural productivity also play a critical role.
The sulfate of potash market in the Philippines is expanding due to the country`s strong agricultural sector. Sulfate of potash is a key fertilizer used to improve crop yields, particularly for crops like fruits, vegetables, and flowers. As the demand for higher-quality agricultural products increases and sustainable farming practices gain importance, the use of sulfate of potash is rising, helping farmers improve soil quality and crop production.
The sulfate of potash market in the Philippines is challenged by the high price volatility of potash and the dependence on imports. As a key agricultural input, sulfate of potash is primarily used in high-value crops, but its cost fluctuations due to global supply and demand issues can negatively impact farmers purchasing decisions. Moreover, there is limited local production capacity for potash in the Philippines, making the country reliant on international markets for supply. The lack of government subsidies or incentives to support the use of sulfate of potash further limits its accessibility to small-scale farmers, who are often more focused on lower-cost fertilizers.
The Philippines Sulfate of Potash Market is experiencing growth due to the increasing demand for potassium fertilizers in the agriculture sector. Sulfate of potash is a vital component for improving crop yield and quality, especially for fruits, vegetables, and tobacco. Investment opportunities in this market lie in increasing the local production of sulfate of potash to reduce dependency on imports. Furthermore, expanding the availability of specialized fertilizers, such as those tailored for specific crops or organic farming practices, can cater to the growing demand for sustainable agricultural solutions.
The Department of Agriculture (DA) supports the use of sulfate of potash as a high-value fertilizer, especially for chloride-sensitive crops. Subsidies and extension services promote its application in sustainable agriculture. The Fertilizer and Pesticide Authority (FPA) ensures product safety and efficacy.
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 Sulfate of Potash Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Sulfate of Potash Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Sulfate of Potash Market - Industry Life Cycle |
3.4 Philippines Sulfate of Potash Market - Porter's Five Forces |
3.5 Philippines Sulfate of Potash Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Sulfate of Potash Market Revenues & Volume Share, By Crop, 2021 & 2031F |
3.7 Philippines Sulfate of Potash Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Sulfate of Potash Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Sulfate of Potash Market Trends |
6 Philippines Sulfate of Potash Market, By Types |
6.1 Philippines Sulfate of Potash Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Sulfate of Potash Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Sulfate of Potash Market Revenues & Volume, By Standard SOP, 2021- 2031F |
6.1.4 Philippines Sulfate of Potash Market Revenues & Volume, By Granular SOP, 2021- 2031F |
6.1.5 Philippines Sulfate of Potash Market Revenues & Volume, By Soluble SOP, 2021- 2031F |
6.2 Philippines Sulfate of Potash Market, By Crop |
6.2.1 Overview and Analysis |
6.2.2 Philippines Sulfate of Potash Market Revenues & Volume, By Fruits, 2021- 2031F |
6.2.3 Philippines Sulfate of Potash Market Revenues & Volume, By Vegetables, 2021- 2031F |
6.2.4 Philippines Sulfate of Potash Market Revenues & Volume, By Cereals and Grains, 2021- 2031F |
6.2.5 Philippines Sulfate of Potash Market Revenues & Volume, By Oilseeds and Pulses, 2021- 2031F |
6.2.6 Philippines Sulfate of Potash Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines Sulfate of Potash Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Sulfate of Potash Market Revenues & Volume, By Agricultural, 2021- 2031F |
6.3.3 Philippines Sulfate of Potash Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.4 Philippines Sulfate of Potash Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Sulfate of Potash Market Import-Export Trade Statistics |
7.1 Philippines Sulfate of Potash Market Export to Major Countries |
7.2 Philippines Sulfate of Potash Market Imports from Major Countries |
8 Philippines Sulfate of Potash Market Key Performance Indicators |
9 Philippines Sulfate of Potash Market - Opportunity Assessment |
9.1 Philippines Sulfate of Potash Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Sulfate of Potash Market Opportunity Assessment, By Crop, 2021 & 2031F |
9.3 Philippines Sulfate of Potash Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Sulfate of Potash Market - Competitive Landscape |
10.1 Philippines Sulfate of Potash Market Revenue Share, By Companies, 2024 |
10.2 Philippines Sulfate of Potash Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |