Product Code: ETC4901161 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The urea market in Taiwan is integral to the agricultural sector, where urea is widely used as a nitrogen fertilizer. It plays a crucial role in enhancing crop yields, supporting Taiwan agricultural productivity. The market is influenced by seasonal demand, global urea prices, and import-export dynamics, as Taiwan imports a significant portion of its urea needs. Additionally, the market is impacted by environmental policies aimed at reducing nitrogen pollution, which could affect the usage patterns of urea-based fertilizers in the future.
The Taiwan urea market is primarily driven by the increasing agricultural activities and the rising demand for nitrogen fertilizers to enhance crop yields. Urea, being one of the most widely used nitrogenous fertilizers, plays a critical role in improving soil fertility and productivity. The growth of the agricultural sector, along with government initiatives to boost food production and ensure food security, has significantly contributed to the demand for urea. Additionally, the industrial applications of urea in the production of resins, plastics, and animal feed are also supporting the market`s expansion.
The Taiwan urea market is challenged by the high volatility of urea prices, which are influenced by global supply-demand imbalances and raw material costs. Additionally, urea production is energy-intensive, making the market vulnerable to rising energy prices and carbon emission regulations. The market also faces increasing pressure from the shift towards organic fertilizers and sustainable farming practices, which have prompted a decline in demand for synthetic fertilizers like urea.
Taiwan`s urea market is primarily driven by the agricultural sector`s demand for fertilizers. The government plays a significant role in this market by implementing agricultural policies that promote the use of fertilizers to enhance crop yields. Initiatives aimed at improving fertilizer efficiency and reducing environmental impacts, such as subsidies for precision agriculture technologies, are being introduced. These policies not only aim to ensure food security but also address environmental sustainability by promoting responsible fertilizer usage.
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 Taiwan Urea Market Overview |
3.1 Taiwan Country Macro Economic Indicators |
3.2 Taiwan Urea Market Revenues & Volume, 2021 & 2031F |
3.3 Taiwan Urea Market - Industry Life Cycle |
3.4 Taiwan Urea Market - Porter's Five Forces |
3.5 Taiwan Urea Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Taiwan Urea Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Taiwan Urea Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for urea-based fertilizers in Taiwan due to increasing agricultural activities and focus on improving crop productivity. |
4.2.2 Favorable government policies and subsidies supporting the agricultural sector, leading to higher consumption of urea in the market. |
4.2.3 Technological advancements and innovations in urea production processes, enhancing efficiency and reducing costs for manufacturers. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices, such as natural gas and ammonia, impacting the overall production cost of urea in Taiwan. |
4.3.2 Environmental concerns and regulations related to urea production and usage, leading to potential restrictions and compliance challenges for manufacturers. |
5 Taiwan Urea Market Trends |
6 Taiwan Urea Market Segmentations |
6.1 Taiwan Urea Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Taiwan Urea Market Revenues & Volume, By Fertilizer, 2021-2031F |
6.1.3 Taiwan Urea Market Revenues & Volume, By Feed, 2021-2031F |
6.1.4 Taiwan Urea Market Revenues & Volume, By Technical, 2021-2031F |
6.2 Taiwan Urea Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Taiwan Urea Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 Taiwan Urea Market Revenues & Volume, By Chemical, 2021-2031F |
6.2.4 Taiwan Urea Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Taiwan Urea Market Revenues & Volume, By Medical, 2021-2031F |
6.2.6 Taiwan Urea Market Revenues & Volume, By Others, 2021-2031F |
7 Taiwan Urea Market Import-Export Trade Statistics |
7.1 Taiwan Urea Market Export to Major Countries |
7.2 Taiwan Urea Market Imports from Major Countries |
8 Taiwan Urea Market Key Performance Indicators |
8.1 Average selling price of urea in Taiwan, indicating market stability and pricing trends. |
8.2 Adoption rate of new urea production technologies in Taiwanese manufacturing facilities, reflecting industry innovation and efficiency improvements. |
8.3 Percentage of agricultural land in Taiwan utilizing urea-based fertilizers, demonstrating market penetration and demand for urea products. |
9 Taiwan Urea Market - Opportunity Assessment |
9.1 Taiwan Urea Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Taiwan Urea Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Taiwan Urea Market - Competitive Landscape |
10.1 Taiwan Urea Market Revenue Share, By Companies, 2024 |
10.2 Taiwan Urea Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |