Market Forecast By Type (Straight Fertilizers, Complex Fertilizers), By Crop Type (Grains and Cereals, Pulses and Oilseeds, Commercial Crops, Fruits and Vegetables, Other) And Competitive Landscape
| Product Code: ETC043205 | Publication Date: Jul 2023 | Updated Date: Jan 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In the Asia region, the Fertilizer market in Thailand is projected to expand at a stable growth rate of 4.25% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

According to 6Wresearch internal database and industry insights, the Thailand Fertilizer Market is projected to grow at a compound annual growth rate (CAGR) of 5.4% during the forecast period (2026-2032).
Below mentioned are the evaluation of years-wise growth rate along with key growth drivers:
| Years | CAGR (%) | Growth Drivers |
| 2021 | 2.8 | Recovery in farm input purchasing and seasonal crop cycles |
| 2022 | 3.5 | Higher fertilizer application in rice and sugarcane cultivation |
| 2023 | 4.3 | Expansion of horticulture production and export-oriented crops |
| 2024 | 4.9 | Increasing adoption of balanced nutrient programs and farm mechanization |
| 2025 | 5.2 | Rising focus on yield stability, soil health, and productivity improvement |
The Thailand Fertilizer Market report thoroughly covers the market by type and crop type. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which help stakeholders devise and align their market strategies according to the current and future market dynamics.
| Report Name | Thailand Fertilizer Market |
| Forecast period | 2026-2032 |
| CAGR | 5.4% |
| Growing Sector | Agriculture |
Thailand Fertilizer Market is anticipated to grow steadily due to strong demand from agriculture, expanding cultivation of staple crops such as rice and sugarcane, and increasing adoption of modern nutrient management practices. Apart from this, Thailand’s export-driven horticulture sector, including fruits and vegetables, is supporting higher use of specialty and liquid fertilizers to improve quality and productivity. Along with this, growing awareness of soil nutrient depletion is enabling long-term market development across agriculture, horticulture, and gardening applications.
Below mentioned are some prominent drivers and their influence to the market dynamics:
| Drivers | Primary Segments Affected | Why it Matters (Evidence) |
| Demand for Higher Rice & Sugarcane Yields | Dry; Inorganic; Agriculture | High fertilizer dependence for staple crop productivity |
| Expansion of Export-Oriented Horticulture | Liquid; Horticulture | Supports quality improvement for fruits and vegetables |
| Balanced Nutrient Management Practices | Inorganic; Agriculture | Improves soil fertility and yield consistency |
| Growth in Organic Soil Conditioning | Organic; Agriculture | Enhances long-term soil structure and nutrient retention |
| Urban Gardening & Home Farming | Organic; Gardening | Increases small-pack retail fertilizer demand |
Thailand Fertilizer Market is anticipated to grow at the compound annual growth rate (CAGR) of 5.4% during the forecast period of 2026-2032. Owing to increasing crop productivity requirements, stronger adoption of balanced fertilizer programs, and rising use of fertilizers in horticulture and plantation crops, the growth of this industry is expected to remain stable. Also, shift toward balanced fertilization and increasing use of organic inputs for soil conditioning are enabling long-term market development across agriculture, horticulture, and gardening applications. Furthermore, improvements in distribution networks and increasing emphasis on efficient fertilizer application practices are strengthening the Thailand Fertilizer Market growth.
Below mentioned are some major restraints and their influence to the market dynamics:
| Restraints | Primary Segments Affected | What This Means (Evidence) |
| Import Dependency for Key Inputs | Inorganic Fertilizers | Affects price stability and supply reliability |
| Price Sensitivity Among Farmers | Agriculture | Limits optimal fertilizer usage rates |
| Overuse of Chemical Fertilizers | Agriculture | Raises soil degradation and runoff concerns |
| Uneven Distribution in Rural Areas | Dry Fertilizers | Delays availability during peak seasons |
| Limited Adoption of Soil Testing | Agriculture; Horticulture | Reduces precision nutrient application |
The fertilizer industry of Thailand is expected to grow steadily; however, certain challenges could hinder its progress. One key challenge is price sensitivity among smallholder farmers, which can restrict optimal fertilizer application. Additionally, reliance on imported raw materials and supply chain fluctuations impacts pricing stability. Furthermore, over-application of chemical fertilizers in certain farming zones creates long-term soil health concerns, requiring stronger farmer education and balanced nutrient approaches.
There are various latest trends emerging in the Thailand Fertilizer Industry:
Below mentioned are some investment opportunities that are estimated to increase the Thailand Fertilizer Market share:
Below is the comprehensive list of leading players operating in the Thailand Fertilizer Market:
| Company Name | Chia Tai Group |
|---|---|
| Established Year | 1921 |
| Headquarters | Bangkok, Thailand |
| Website | Click Here |
Chia Tai provides agricultural inputs including fertilizers and agronomy support, serving large farmer networks across Thailand.
| Company Name | Thai Central Chemical Public Company Limited |
|---|---|
| Established Year | 1974 |
| Headquarters | Bangkok, Thailand |
| Website | - |
Thai Central Chemical supplies chemical and fertilizer products supporting crop productivity improvement across major agricultural regions.
| Company Name | Yara Thailand |
|---|---|
| Established Year | 1905 |
| Headquarters | Bangkok, Thailand |
| Website | Click Here |
Yara Thailand offers crop nutrition products and promotes balanced fertilization programs for improved yields and soil health.
| Company Name | BASF Thailand |
|---|---|
| Established Year | 1865 |
| Headquarters | Bangkok, Thailand |
| Website | Click Here |
BASF Thailand provides agricultural solutions including specialty fertilizers and soil management products supporting nutrient efficiency.
| Company Name | Haifa Group |
|---|---|
| Established Year | 1966 |
| Headquarters | Haifa, Israel |
| Website | Click Here |
Haifa supplies specialty fertilizers and water-soluble nutrient solutions supporting horticulture and high-value crop production.
According to Thai Government data, various policies are introduced to support agriculture productivity and input efficiency. Some examples are farmer support programs that are promoting improved crop yields and modernization of farming practices. Additionally, initiatives that support soil health improvement, sustainable farming practices, and quality control measures for fertilizer distribution, which help reduce substandard products in the market. Along with this, efforts to improve irrigation and agricultural productivity under national development programs contribute to Thailand Fertilizer Market growth.
Over the coming timeframe, the future outlook of the Thailand Fertilizer Market remains positive. This is being supported by steady demand from staple crops, increasing use of specialty fertilizers in horticulture, and rising emphasis on soil fertility management. Apart from this, improved farmer education, stronger distribution networks, and growing adoption of organic soil conditioning products are expected to create long-term market growth opportunities.
The report offers a comprehensive study of the following market segments and their leading categories.
According to Mansi, Senior Research Analyst at 6Wresearch, the Straight Fertilizers segment is expected to lead the Thailand Fertilizer Market. This is due to their high nutrient concentration and precise application, which make them particularly effective in addressing specific nutrient deficiencies in the soil.
The Grains and Cereals category is leading in the market, this is due to rise in the demand for fertilizers in the cultivation of key crops such as rice, corn, and cassava. These crops are important to Thailand's agricultural industry as well as fertilizers plays crucial role for enhancing soil fertility.
The report offers a comprehensive study of the subsequent market segments:
| 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 Thailand Fertilizer Market Overview |
| 3.1 Thailand Country Macro Economic Indicators |
| 3.2 Thailand Fertilizer Market Revenues & Volume, 2022 & 2032F |
| 3.3 Thailand Fertilizer Market - Industry Life Cycle |
| 3.4 Thailand Fertilizer Market - Porter's Five Forces |
| 3.5 Thailand Fertilizer Market Revenues & Volume Share, By Type, 2022 & 2032F |
| 3.6 Thailand Fertilizer Market Revenues & Volume Share, By Crop Type, 2022 & 2032F |
| 4 Thailand Fertilizer Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Thailand Fertilizer Market Trends |
| 6 Thailand Fertilizer Market, By Types |
| 6.1 Thailand Fertilizer Market, By Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 Thailand Fertilizer Market Revenues & Volume, By Type, 2022-2032F |
| 6.1.3 Thailand Fertilizer Market Revenues & Volume, By Straight Fertilizers, 2022-2032F |
| 6.1.4 Thailand Fertilizer Market Revenues & Volume, By Complex Fertilizers, 2022-2032F |
| 6.2 Thailand Fertilizer Market, By Crop Type |
| 6.2.1 Overview and Analysis |
| 6.2.2 Thailand Fertilizer Market Revenues & Volume, By Grains and Cereals, 2022-2032F |
| 6.2.3 Thailand Fertilizer Market Revenues & Volume, By Pulses and Oilseeds, 2022-2032F |
| 6.2.4 Thailand Fertilizer Market Revenues & Volume, By Commercial Crops, 2022-2032F |
| 6.2.5 Thailand Fertilizer Market Revenues & Volume, By Fruits and Vegetables, 2022-2032F |
| 6.2.6 Thailand Fertilizer Market Revenues & Volume, By Other, 2022-2032F |
| 7 Thailand Fertilizer Market Import-Export Trade Statistics |
| 7.1 Thailand Fertilizer Market Export to Major Countries |
| 7.2 Thailand Fertilizer Market Imports from Major Countries |
| 8 Thailand Fertilizer Market Key Performance Indicators |
| 9 Thailand Fertilizer Market - Opportunity Assessment |
| 9.1 Thailand Fertilizer Market Opportunity Assessment, By Type, 2022 & 2032F |
| 9.2 Thailand Fertilizer Market Opportunity Assessment, By Crop Type, 2022 & 2032F |
| 10 Thailand Fertilizer Market - Competitive Landscape |
| 10.1 Thailand Fertilizer Market Revenue Share, By Companies, 2022 & 2032F |
| 10.2 Thailand Fertilizer Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here