Thailand Fertilizer Market (2026-2032) | Industry, Outlook, Size, Companies, Trends, Share, Growth, Analysis, Revenue, Forecast & Value

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

Fertilizer Market: Thailand vs Top 5 Major Economies in 2027 (Asia)


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.

Fertilizer Market: Thailand vs Top 5 Major Economies in 2027 (Asia)

Thailand Fertilizer Market Growth Rate

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).

Five-Year Growth Trajectory of the Thailand Fertilizer Market with Core Drivers

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

Topics Covered in the Thailand Fertilizer Market Report

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.

Thailand Fertilizer Market Highlights

Report Name Thailand Fertilizer Market
Forecast period 2026-2032
CAGR 5.4%
Growing Sector Agriculture

Thailand Fertilizer Market Synopsis

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.

Evaluation of Growth Drivers in the Thailand Fertilizer Market

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.

Evaluation of Restraints in the Thailand Fertilizer Market

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

Thailand Fertilizer Industry Challenges

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.

Thailand Fertilizer Market Trends

There are various latest trends emerging in the Thailand Fertilizer Industry:

  • Rising Adoption of Specialty and Liquid Fertilizers: Increased use in horticulture improves nutrient absorption and supports crop quality for exports.
  • Shift Toward Balanced NPK and Micronutrient Blends: Farmers are adopting combined nutrient formulations. This is being done to improve soil fertility and yield consistency.
  • Growing Interest in Organic Fertilizers: There is an increasing demand for compost and bio-enhanced products, which is supporting soil health improvement.

Investment Opportunities in the Thailand Fertilizer Market

Below mentioned are some investment opportunities that are estimated to increase the Thailand Fertilizer Market share:

  • Specialty Fertilizer and Micronutrient Production: Customized blends for fruits, vegetables, and plantation crops create strong growth potential.
  • Distribution and Warehousing Expansion: To improve timely fertilizer access and stabilizes demand in rural areas, there are some major steps taken to strengthen rural supply chains.
  • Organic Fertilizer Manufacturing: Demand for soil conditioners and organic nutrient solutions offers expansion opportunities for producers.

Top 5 Leading Players in the Thailand Fertilizer Market

Below is the comprehensive list of leading players operating in the Thailand Fertilizer Market:

1. Chia Tai Group (Agricultural Inputs)

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.

2. Thai Central Chemical Public Company Limited

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.

3. Yara Thailand

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.

4. BASF Thailand

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.

5. Haifa Group (Thailand Supply)

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.

Government Rules Introduced in the Thailand Fertilizer Market

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.

Future Insights of the Thailand Fertilizer Market

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.

Market Segmentation Analysis

The report offers a comprehensive study of the following market segments and their leading categories.

Straight Fertilizers to Dominate the Market – By Type

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.

Grains and Cereals to Dominate the Market – By Crop Type

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.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2022 to 2025.
  • Base Year: 2025.
  • Forecast Data until 2032.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Thailand Fertilizer Market Outlook
  • Market Size of Thailand Fertilizer Market, 2025
  • Forecast of Thailand Fertilizer Market, 2032
  • Historical Data and Forecast of Thailand Fertilizer Revenues & Volume for the Period 2022 - 2032
  • Thailand Fertilizer Market Trend Evolution
  • Thailand Fertilizer Market Drivers and Challenges
  • Thailand Fertilizer Price Trends
  • Thailand Fertilizer Porter's Five Forces
  • Thailand Fertilizer Industry Life Cycle
  • Historical Data and Forecast of Thailand Fertilizer Market Revenues & Volume By Type for the Period 2022 - 2032
  • Historical Data and Forecast of Thailand Fertilizer Market Revenues & Volume By Straight Fertilizers for the Period 2022 - 2032
  • Historical Data and Forecast of Thailand Fertilizer Market Revenues & Volume By Complex Fertilizers for the Period 2022 - 2032
  • Historical Data and Forecast of Thailand Fertilizer Market Revenues & Volume By Crop Type for the Period 2022 - 2032
  • Historical Data and Forecast of Thailand Fertilizer Market Revenues & Volume By Grains and Cereals for the Period 2022 - 2032
  • Historical Data and Forecast of Thailand Fertilizer Market Revenues & Volume By Pulses and Oilseeds for the Period 2022 - 2032
  • Historical Data and Forecast of Thailand Fertilizer Market Revenues & Volume By Commercial Crops for the Period 2022 - 2032
  • Historical Data and Forecast of Thailand Fertilizer Market Revenues & Volume By Fruits and Vegetables for the Period 2022 - 2032
  • Historical Data and Forecast of Thailand Fertilizer Market Revenues & Volume By Other for the Period 2022 - 2032
  • Thailand Fertilizer Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Crop Type
  • Thailand Fertilizer Top Companies Market Share
  • Thailand Fertilizer Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Fertilizer Company Profiles
  • Thailand Fertilizer Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Form

  • Dry
  • Liquid

By Product

  • Organic
  • Inorganic

By Application

  • Agriculture
  • Horticulture
  • Gardening

Thailand Fertilizer Market (2026-2032): FAQs

Thailand Fertilizer Market is projected to grow at a CAGR of 5.4% between 2026-2032.
The agriculture segment dominates due to high fertilizer consumption in staple and plantation crops.
Inorganic fertilizers lead the market owing to higher nutrient concentration and faster yield impact.
Key opportunities are specialty fertilizer production and organic fertilizer manufacturing.
6Wresearch actively monitors the Thailand Fertilizer Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Fertilizer Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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

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