| Product Code: ETC4593206 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Thailand import trend for secondary macronutrients in 2024 experienced a notable decline, with a growth rate of -67.04% compared to the previous year. The compound annual growth rate (CAGR) for the period of 2020-2024 stood at -27.11%. This significant decrease in import momentum may be attributed to shifting demand patterns or changes in market dynamics impacting the sector`s stability.
Secondary macronutrients such as calcium, magnesium, and sulfur are crucial for plant growth. The Thailand Secondary Macronutrients Market deals with products that provide these essential nutrients to support healthier and more robust crops.
The Thailand Secondary Macronutrients market is witnessing substantial growth, driven by the recognition of the critical role secondary macronutrients (calcium, magnesium, and sulfur) play in plant growth and development. As Thailand agriculture sector focuses on addressing nutrient imbalances in soils and improving overall crop nutrition, the demand for fertilizers containing secondary macronutrients is on the rise. The market growth is further propelled by advancements in fertilizer formulations, the adoption of precision farming practices, and efforts to ensure balanced fertilization for sustainable and high-yielding crops.
The Secondary Macronutrients Market in Thailand faces challenges related to soil health, nutrient balance, and sustainable agriculture. As farmers increasingly recognize the importance of secondary macronutrients, market players must provide solutions that address specific soil deficiencies while considering environmental impact. Developing fertilizers that balance nutrient ratios, enhance crop productivity, and adhere to regulatory standards presents ongoing challenges for the industry.
The Thailand Secondary Macronutrients Market faced challenges during the COVID-19 pandemic, with disruptions in agriculture impacting the demand for secondary macronutrient fertilizers. However, as farmers prioritize balanced plant nutrition, soil fertility management, and crop quality, the market is expected to recover. The focus on secondary macronutrients for tasks such as addressing nutrient deficiencies, improving nutrient uptake, and enhancing crop yield positions the market as a key player in supporting comprehensive nutrient management in crops. The market recovery aligns with the growing recognition of the importance of secondary macronutrients in optimizing crop growth and ensuring nutritional adequacy.
The Thailand Secondary Macronutrients Market is evolving, with key players such as Yara International, The Mosaic Company, and Haifa Group actively participating. These companies play a crucial role in addressing the growing demand for secondary macronutrients such as calcium, magnesium, and sulfur in agriculture. Yara International, a major player, offers specialized fertilizers enriched with secondary macronutrients, contributing to balanced nutrient management and improved crop yields in Thailand.
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 Secondary Macronutrients Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Secondary Macronutrients Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Secondary Macronutrients Market - Industry Life Cycle |
3.4 Thailand Secondary Macronutrients Market - Porter's Five Forces |
3.5 Thailand Secondary Macronutrients Market Revenues & Volume Share, By Nutrient, 2021 & 2031F |
3.6 Thailand Secondary Macronutrients Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Thailand Secondary Macronutrients Market Revenues & Volume Share, By Application Method, 2021 & 2031F |
4 Thailand Secondary Macronutrients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about soil health and crop productivity |
4.2.2 Growing demand for high-quality agricultural produce |
4.2.3 Government initiatives to promote sustainable farming practices |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Lack of awareness among farmers regarding the benefits of secondary macronutrients |
4.3.3 Limited availability of advanced technology for secondary macronutrient application |
5 Thailand Secondary Macronutrients Market Trends |
6 Thailand Secondary Macronutrients Market, By Types |
6.1 Thailand Secondary Macronutrients Market, By Nutrient |
6.1.1 Overview and Analysis |
6.1.2 Thailand Secondary Macronutrients Market Revenues & Volume, By Nutrient, 2021-2031F |
6.1.3 Thailand Secondary Macronutrients Market Revenues & Volume, By Calcium, 2021-2031F |
6.1.4 Thailand Secondary Macronutrients Market Revenues & Volume, By Magnesium, 2021-2031F |
6.1.5 Thailand Secondary Macronutrients Market Revenues & Volume, By Sulfur, 2021-2031F |
6.2 Thailand Secondary Macronutrients Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Thailand Secondary Macronutrients Market Revenues & Volume, By Dry , 2021-2031F |
6.2.3 Thailand Secondary Macronutrients Market Revenues & Volume, By Liquid, 2021-2031F |
6.3 Thailand Secondary Macronutrients Market, By Application Method |
6.3.1 Overview and Analysis |
6.3.2 Thailand Secondary Macronutrients Market Revenues & Volume, By Solid Application, 2021-2031F |
6.3.3 Thailand Secondary Macronutrients Market Revenues & Volume, By Liquid Application, 2021-2031F |
7 Thailand Secondary Macronutrients Market Import-Export Trade Statistics |
7.1 Thailand Secondary Macronutrients Market Export to Major Countries |
7.2 Thailand Secondary Macronutrients Market Imports from Major Countries |
8 Thailand Secondary Macronutrients Market Key Performance Indicators |
8.1 Soil health index in agricultural regions |
8.2 Adoption rate of secondary macronutrient application techniques |
8.3 Percentage increase in crop yield after secondary macronutrient usage |
9 Thailand Secondary Macronutrients Market - Opportunity Assessment |
9.1 Thailand Secondary Macronutrients Market Opportunity Assessment, By Nutrient, 2021 & 2031F |
9.2 Thailand Secondary Macronutrients Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Thailand Secondary Macronutrients Market Opportunity Assessment, By Application Method, 2021 & 2031F |
10 Thailand Secondary Macronutrients Market - Competitive Landscape |
10.1 Thailand Secondary Macronutrients Market Revenue Share, By Companies, 2024 |
10.2 Thailand Secondary Macronutrients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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