2008-2009 China Fertilizer Market Review&Outlook

Beijing Orient Agribusiness Consultant Ltd.
February 1, 2009
149 Pages - SKU: BOAC2271337
License type:
Countries covered: China

Considering the world economic depression, China’s macro-economy faces a difficult situation in 2009. But the internal factors promoting long-term economic growth largely remain unchanged in China. The government’s measures to boost economy are expected to produce effects gradually.

According to international financial institutions like World Bank, IMF, etc., world GDP growth may drop to a low level of 1 ~ 2% in 2009 and world trade value may drop for the first time since 1982. Against such a background, plus Chinese currency’s relative appreciation, the increase rate of China’s export value is predicted to drop 3 ~ 4% in 2009 from the previous year.

In view of the resource product price decline and soft market demand at home and abroad, China’s CPI is predicted to rise less than 3% in 2009 over the previous year, unable to give a strong spur to economic growth.

Taking into account of the slowdown of economic development, consumers’ stagnant income growth, people’s shrinking assets arising from declining stock price and house price, gloomy job market, etc., the nation’s consumer goods retail value is predicted to grow 11 ~ 13% in 2009, down 1 ~ 2% from the previous year. Soft market demand affects enterprises’ profitability and quite a number of small and medium enterprises are likely to close down.

The government is expected to step up economic macro-control and carry out such regulating measures as active financial policy, loosen currency control, large-scale tax reduction, liquidity enhancement, etc. in 2009. Thanks to the government’s massive investment plan and loose currency control, investment in fixed assets may continue to enjoy a high increase rate in China in 2009.

Taking into account of the above factors, China’s is anticipated to maintain an economic growth rate of more than 8% in 2009. But due to the uncertainties in global financial crisis and the government’s macro-control polices, the nation’s economy is likely to experience drastic ups and downs.


More China Agricultural Chemicals Reports

Analyzing the Fertilizer Industry in China by Aruvian's R'search
The fertilizer industry in China faced a downfall in recent years but is expected to experience a rebound to 2016. China accounts for almost 70% ...

Survey of Amide Herbicides in China by CCM International Limited
With more than 50 years' development, amide herbicides have become the most widely applied herbicide category in the world, playing a more and more important ...

Agricultural Pesticides in China by Freedonia Group Inc
This study analyzes the agricultural pesticides industry in China. It presents historical demand data for the years 2000, 2005 and 2010, and forecasts for 2015 ...

Crop Protection China News 1206 by CCM International Limited
The success of 2012 Matchmaking Meeting for Pesticide Enterprises and Large Pesticide Consumers held on 17 March-18 March, 2012 in Beijing City has illustrated itself ...

Top Four Companies In Chemical Pesticides Mfg. Industry In China by Beijing Zeefer Consulting Ltd.
This report provides company profiles and financial data of the top 4 companies in chemical pesticides mfg. industry in China. The content includes profit & ...

See all reports like this >>

More China Reports

D&B Country RiskLine Report: China by Dun & Bradstreet Inc.
This D&B Country RiskLine Report will help you analyze the risks, opportunities and likely payment delays when doing business in this country. It includes ...

Country Report China February 2011 by Economist Intelligence Unit
Country Reports analyse political and economic trends in featured countries. They show you exactly how national, regional and global events will affect your business in ...

Country Report China January 2011 by Economist Intelligence Unit
Country Reports analyse political and economic trends in featured countries. They show you exactly how national, regional and global events will affect your business in ...

D&B Country Report: China by Dun & Bradstreet Inc.
D&B Country Report. Comprehensive information for evaluating risks and opportunities when trading or investing in this country. Providing critical information and analysis on ...

Juice – China – a snapshot (2010) by Mintel - Snapshots
Juice in China by Mintel Global Market Navigator provides you with annual year-end market size data, most recently updated in 2010. The report covers packaged ...

See all reports like this >>

 

Research Assistance

 

Free Alert Me service

Receive bi-weekly email alerts on new market research

Sign Up Today!