| Product Code: ETC4594286 | 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 |
In the Thailand water-soluble fertilizers market, the import trend showed significant growth from 2023 to 2024, with a rate of 23.51%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 12.3%. This uptick in imports could be attributed to a surge in demand for specialized agricultural inputs or shifts in trade policies influencing market dynamics.
Water-soluble fertilizers are highly soluble and provide plants with rapid nutrient uptake. The Thailand Water-Soluble Fertilizers Market focuses on products that enhance nutrient availability to support crop growth.
The Thailand Water-Soluble Fertilizers market is witnessing significant growth, fueled by the advantages of water-soluble fertilizers in providing precise and efficient nutrient delivery to crops. Water-soluble fertilizers, including NPK formulations, are easily dissolved in water, allowing for controlled and targeted nutrient application through irrigation systems. As Thailand agriculture sector adopts modern irrigation practices and precision farming, the demand for water-soluble fertilizers is increasing. The market growth is further supported by advancements in fertilizer technologies, the emphasis on nutrient management, and the need for sustainable and high-yielding crop production.
The Water-Soluble Fertilizers Market in Thailand encounters challenges related to nutrient efficiency, environmental impact, and market education. Balancing the demand for water-soluble fertilizers that enhance nutrient uptake with eco-friendly formulations is a persistent challenge. Market players must invest in research and development to formulate water-soluble fertilizers that provide targeted nutrient delivery while minimizing environmental impact. Educating farmers about the benefits and proper use of water-soluble fertilizers becomes crucial in overcoming market challenges.
The Thailand Water-Soluble Fertilizers Market faced challenges during the COVID-19 pandemic, with disruptions in agriculture impacting the demand for water-soluble fertilizers. However, as growers prioritize precision agriculture, nutrient efficiency, and sustainable farming practices, the market is expected to recover. The emphasis on water-soluble fertilizers for tasks such as fertigation, foliar feeding, and hydroponic systems positions the market as a key player in addressing the evolving needs of modern agriculture. The market recovery aligns with the ongoing trend toward efficient nutrient delivery and the importance of water-soluble fertilizers in supporting high-yielding and environmentally friendly crop production.
The Thailand Water-Soluble Fertilizers Market is expanding, with key players such as Haifa Group, Yara International, and SQM actively contributing. These companies play a vital role in providing water-soluble fertilizers that enhance nutrient efficiency and uptake in plants. Haifa Group, a major player, offers a diverse range of water-soluble fertilizers, supporting precision agriculture and sustainable crop nutrition practices 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 Water-Soluble Fertilizers Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Water-Soluble Fertilizers Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Water-Soluble Fertilizers Market - Industry Life Cycle |
3.4 Thailand Water-Soluble Fertilizers Market - Porter's Five Forces |
3.5 Thailand Water-Soluble Fertilizers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Water-Soluble Fertilizers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Thailand Water-Soluble Fertilizers Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
4 Thailand Water-Soluble Fertilizers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of precision agriculture practices in Thailand |
4.2.2 Growing awareness among farmers about the benefits of water-soluble fertilizers |
4.2.3 Government initiatives promoting the use of environmentally friendly agricultural inputs |
4.3 Market Restraints |
4.3.1 High initial cost of water-soluble fertilizers compared to traditional fertilizers |
4.3.2 Lack of knowledge and technical expertise among farmers regarding the proper application of water-soluble fertilizers |
5 Thailand Water-Soluble Fertilizers Market Trends |
6 Thailand Water-Soluble Fertilizers Market, By Types |
6.1 Thailand Water-Soluble Fertilizers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Water-Soluble Fertilizers Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Water-Soluble Fertilizers Market Revenues & Volume, By Nitrogenous, 2021-2031F |
6.1.4 Thailand Water-Soluble Fertilizers Market Revenues & Volume, By Phosphatic, 2021-2031F |
6.1.5 Thailand Water-Soluble Fertilizers Market Revenues & Volume, By Potassic, 2021-2031F |
6.1.6 Thailand Water-Soluble Fertilizers Market Revenues & Volume, By Micronutrients, 2021-2031F |
6.2 Thailand Water-Soluble Fertilizers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Water-Soluble Fertilizers Market Revenues & Volume, By Fertigation , 2021-2031F |
6.2.3 Thailand Water-Soluble Fertilizers Market Revenues & Volume, By FoliarApplication, 2021-2031F |
6.3 Thailand Water-Soluble Fertilizers Market, By Crop Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Water-Soluble Fertilizers Market Revenues & Volume, By Field, 2021-2031F |
6.3.3 Thailand Water-Soluble Fertilizers Market Revenues & Volume, By Horticultural, 2021-2031F |
6.3.4 Thailand Water-Soluble Fertilizers Market Revenues & Volume, By Turf & Ornamentals, 2021-2031F |
7 Thailand Water-Soluble Fertilizers Market Import-Export Trade Statistics |
7.1 Thailand Water-Soluble Fertilizers Market Export to Major Countries |
7.2 Thailand Water-Soluble Fertilizers Market Imports from Major Countries |
8 Thailand Water-Soluble Fertilizers Market Key Performance Indicators |
8.1 Adoption rate of precision agriculture technologies in Thailand |
8.2 Percentage increase in sales of water-soluble fertilizers year-over-year |
8.3 Number of government policies supporting the usage of water-soluble fertilizers |
9 Thailand Water-Soluble Fertilizers Market - Opportunity Assessment |
9.1 Thailand Water-Soluble Fertilizers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Water-Soluble Fertilizers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Thailand Water-Soluble Fertilizers Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
10 Thailand Water-Soluble Fertilizers Market - Competitive Landscape |
10.1 Thailand Water-Soluble Fertilizers Market Revenue Share, By Companies, 2024 |
10.2 Thailand Water-Soluble Fertilizers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |