China Fertilizer Market Review & Outlook

Published by: Beijing Orient Agribusiness Consultant Ltd.

Published: Feb. 1, 2007 - 124 Pages

Table of Contents

CHAPTER ONE: MACRO-ECONOMY & FERTILIZER INDUSTRY’S DEVELOPMENT

1.1 National Economic Planning & Fertilizer Industry’s Development Plan

1.1.1 Objectives of Economic Development for Years 2006-2010

1.1.1.1 Fulfillment of Objectives of the 2001-2005 Plan

Table 1.1, Fulfillment of Objectives Set for 2001-2005

1.1.1.2 Objectives of National Economy Development in 2006-2010

Table 1.2, Objectives of Economic & Social Development in 2006-2010

1.1.2 Agricultural & Rural Economic Objective in 2006-2010

1.1.2.1 Agricultural & Rural Economic Achievements in 2001-2006

1.1.2.2 Objectives of Development in 2006-2010

Table 1.3, Objectives of Major Farm Product Supply in 2006-2010

1.1.3 Objectives of Fertilizer Industry’s Development in 2006-2010

1.1.3.1 Objectives of Development by 2010

1.1.3.2 Key Areas of Development

1.1.3.3 Technological R&D

1.1.3.4 Fertilizer Development Plans in 2006-2010

1.1.3.5 Prospective Result of Fertilizer Development Plan

1.2 Impact of Tax & Subsidy Policy on Fertilizer Industry’s Development

1.2.1 Impact of Agricultural Policy on Fertilizer Industry’s Development

1.2.2 Impact of Subsidy Policy on Fertilizer Industry’s Development

1.3. Impact of Resource Policy on Fertilizer Industry’s Development

1.3.1 Impact of Coal Resource Policy on Fertilizer Industry’s Development

1.3.2 Impact of Natural Gas Resource Policy on Fertilizer Industry’s Development

1.3.3 Impact of Mineral Resource Policy on Fertilizer Industry’s Development

1.3.4 Impact of Power Price Policy on Fertilizer Industry’s Development

1.4 Impact of Environmental Protection Policy on Fertilizer Industry’s Development

1.5 Impact of Financial Policy on Fertilizer Industry’s Development

1.6 Attraction of Investment & Fertilizer Industry’s Development

1.7 Development of Fertilizer Distribution System

1.7.1 Status Quo of Fertilizer Distribution System

1.7.2 Development of Farm Material Chain Store Business

1.7.3 Sinochem’s Fertilizer Marketing Network

1.7.4 CNAMPCG Marketing Network

1.7.5 Postal System’s Farm Material Distribution Network

1.7.6 Foreign Enterprises’ Entry into Fertilizer Distribution

CHAPTER TWO: REVIEW & OUTLOOK OF FERTILIZER MARKET IN 2006-2007

2.1 Review of Fertilizer Market in 2006

2.1.1 Impact of Macro-Regulation on Fertilizer Market

2.1.1.1 Impact of Financial Policy Change on Investment in Fertilizer Industry

2.1.1.2 Fertilizer Market Regulating Policy & Effect

2.1.2 International Fertilizer Market’s Influence on Domestic Market in 2006

Figure 2.1, International Fertilizer Prices

2.1.3 Fertilizer Industry’s Profit Margin in 2006

Table 2.1, Economic Indicators of Fertilizer Industry in 2006

Figure 2.2, Profit margin of chemical fertilizer manufacture

2.1.4 Fertilizer Market Trend in 2006

2.1.5 Farmers’ Expenditure on Fertilizer & Crop Yields in 2006

Figure 2.3, Returns from Major Crops in China

Figure 2.4, Grain/Fertilizer Price Ratio

2.1.6 Fertilizer Production in 2006

Figure 2.5, Monthly Total Fertilizer Production

2.1.7 Fertilizer Imports & Exports in 2006

2.1.8 Fertilizer Consumption in 2006

2.1.9 Fertilizer Market Price Trend in 2006

Figure 2.6, The Producer’s Prices of Fertilizers, 2003-2006

Figure 2.7, The Retail Prices of Fertilizers, 1997-2005

2.2 Outlook of Fertilizer Market in 2007

2.2.1 Prediction of Fertilizer Market Trend in 2007

2.2.2 Possible Government’s Policies on Fertilizer Market in 2007

2.2.3 Distribution & Management of Fertilizer Import Quotas

Table 2.2, Preferential Tariff Rate Fertilizer Import Quotas for 2006

2.2.4 Conditions for Application of Fertilizer Import Quotas in 2007

Table 2.3, Duty Rates on Fertilizers in 2007

2.2.5 Designated Agents for Fertilizer Import Quota Owners in 2007

2.2.6 Changes in Fertilizer Tax Policy

2.2.7 Estimates of Fertilizer Production in 2007

2.2.8 Estimates of Fertilizer Imports & Exports in 2007

2.2.9 Estimates of Fertilizer Consumption in 2007

CHAPTER THREE: REVIEW & OUTLOOK OF NITROGEN MARKET IN 2006-2007

3.1. Review of Nitrogen Market in 2006

3.1.1 Nitrogen Industry’s Profit Margin in 2006

Table 3.1, Economic Indicators of Nitrogenous Fertilizer Industry in 2006

Figure 3.1, The Five-Month Moving Profit Ratio of Nitrogenous Fertilizer Industry

3.1.2 Nitrogen Industry’s Cost & Profit in 2006

Table 3.2, Production Cost of Urea

3.1.3 Analysis of Nitrogen Market in 2006

3.1.4 Nitrogen Production in 2006

Figure 3.2, Monthly Nitrogen Fertilizer Production

Figure 3.3, Proportion Of Nitrogen Fertilizer Production, 2006

Figure 3.4, Proportion Of Nitrogen Fertilizer Production, 2005

3.1.5 Nitrogen Imports & Exports in 2006

Figure 3.5, Monthly Urea Imports

3.1.6 Nitrogen Consumption in 2006

3.1.7 Review of Urea Market in 2006

3.1.7.1 Urea Production in 2006

Figure 3.6, Monthly Urea Imports

3.1.7.2 Urea Consumption in 2006

3.1.7.3 Urea price Trend in 2006

Figure 3.7, China Urea Monthly Retail Prices

3.1.8 ABC Market in 2006

3.1.8.1 ABC Production in 2006

3.1.8.2 ABC Consumption in 2006

3.1.8.3 ABC Price in 2006

Figure 3.8, China ABC Monthly Retail Prices

3.2 Outlook of Nitrogen Market in 2007

3.2.1 Prediction of Nitrogen Market in 2007

3.2.2 Estimates of Nitrogen Production in 2007

3.2.3 Estimates of Nitrogen Imports & Exports in 2007

3.2.4 Estimates of Nitrogen Consumption in 2007

CHAPTER FOUR: REVIEW AND OUTLOOK OF PHOSPHATE FERTILIZER MARKET 2006-2007

4.1 Review of Phosphate Fertilizer Market 2006

4.1.1 Analysis of Phosphate Fertilizer Industry in 2006

Table 4.1, Operation Performance of the Phosphate Fertilizer Industry in 2006

Figure 4.1, The Five-Month Moving Profit Ratio of Phosphate Fertilizer Industry

4.1.2 Cost and Profit of Phosphate Fertilizer Industry in 2006

Table 4.2, Production Cost of SSP

4.1.3 Analysis of Phosphate Fertilizer Market in 2006

4.1.4 Output of Phosphate Fertilizer in 2006

Figure 4.2, Monthly Phosphate Fertilizer Production

Figure 4.3, Proportion Of Phosphate Fertilizer Production, 2006

Figure 4.4, Proportion Of Phosphate Fertilizer Production, 2005

4.1.5 Import of Phosphate Fertilizer in 2006

4.1.6 Consumption of Phosphate Fertilizer in 2006

4.1.7 Price Trend of Phosphate Fertilizer in 2006

Figure 4.5, China SSP Monthly Retail Prices

4.2 Outlook of Phosphate Fertilizer Market in 2007

4.2.1 Forecast of Trend of Phosphate Fertilizer Market in 2007

4.2.2 Forecast of Output of Phosphate Fertilizer Market in 2007

4.2.3 Forecast of Import of Phosphate Fertilizer Market in 2007

4.2.4 Forecast of Consumption of Phosphate Fertilizer Market in 2007

CHAPTER FIVE: REVIEW AND OUTLOOK OF POTASSIUM FERTILIZER MARKET 2006-2007 47

5.1 Review of Potassium Fertilizer Market in 2006

5.1.1 Analysis of Potassium Fertilizer Industry in 2006

Table 5.1, Operation Performance of the Potash Fertilizer Industry in 2006

Figure 5.1, The Five-Month Moving Profit Ratio of Potash Industry

5.1.2 Cost and Profit of Potassium Fertilizer Industry in 2006

5.1.3 Potassium Fertilizer Production by Qinghai Salt Lake Potassium Fertilizer Company 48

5.1.4 Progress of Xinjiang Luobupo Potassium Fertilizer Project

5.1.5 Progress of Potassium Project Invested in Laos

5.1.6 Progress of Potassium Fertilizer Project Invested in Thailand

5.1.7 Analysis of Potassium Fertilizer Market in 2006

5.1.8 Output of Potassium Fertilizer Market in 2006

Figure 5.2, Monthly Phosphate Fertilizer Production

5.1.9 Import of Potassium Fertilizer Market in 2006

Figure 5.3, Monthly MOP Imports

Figure 5.4, Monthly SOP Imports

5.1.10 Consumption of Potassium Fertilizer Market in 2006

5.1.11 2 Price Trend of Potassium Fertilizer Market in 2006

Figure 5.5, China MOP Monthly Retail Prices

Figure 5.6, SOP Monthly Retail Prices

Figure 5.7, China Imported MOP(red) Prices At Ports

Figure 5.8, China Imported MOP(white) Prices At Ports

5.2 Output of Potassium Fertilizer Market in 2007

5.2.1 Forecast of Potassium Fertilizer Market in 2007

5.2.2 Forecast of Potassium Fertilizer Output in 2007

5.2.3 Forecast of Potassium Fertilizer Import in 2007

5.2.4 Forecast of Potassium Fertilizer Consumption in 2007

CHAPTER SIX: REVIEW AND OUTLOOK OF COMPOUND FERTILIZER MARKET 2006-2007

6.1 Review of Compound Fertilizer Market 2006

6.1.1 Analysis of Prosperity of Compound Fertilizer Industry in 2006

Table 6.1, Operation Performance of Compound Fertilizer Industry in 2006

Figure 6.1, The Five-Month Moving Profit Ratio of Compound Fertilizer Industry

6.1.2 Cost and Profit of Compound Fertilizer Industry in 2006

Table 6.2, Production Cost of Compound Fertilizer

6.1.3 Analysis of the Compound Fertilizer Market Trend in 2006

6.1.4 Compound Fertilizer Production in 2006

Figure 6.2, Monthly DAP Production

6.1.5 Compound Fertilizer Import in 2006

Figure 6.3, Monthly DAP Imports

Figure 6.4, Monthly Complex Fertilizer (NPK) Imports

6.1.6 Compound Fertilizer Consumption in 2006

6.1.7 Price Trend of NPK and DAP in 2006

Figure 6.5, China DAP Monthly Retail Prices

Figure 6.6, China NPK Monthly Retail Prices

Figure 6.7, China Imports DAP Prices At Ports

Figure 6.8, China Imported NPK Prices At Ports

6.2.1 Forecast of Compound Fertilizer Market Trend in 2007

6.2.2 Forecast of Compound Fertilizer Output in 2007

6.2.3 Forecast of Compound Fertilizer Import in 2007

6.2.3.1 Forecast of DAP Import and Export in 2007

6.2.3.2 Forecast of NPK Import and Export in 2007

6.2.4 Forecast of Compound Fertilizer Consumption in 2007

CHAPTER SEVEN: REVIEW AND OUTLOOK OF RELATED INDUSTRIES 2006-2007

7.1 Review and Outlook of Synthetic Ammonia Market 2006-2007

7.1.1 Prospect of Import and Export of Synthetic Ammonia

7.1.2 Output of Synthetic Ammonia in 2006

Figure 7.1, Monthly Ammonium Production

7.1.3 Import and Export of Synthetic Ammonia in 2006

7.1.4 Forecast of Synthetic Ammonia Production in 2007

7.1.5 Forecast of Synthetic Ammonia Import and Export in 2007

7.2 Review and Outlook of Phosphorite Market 2006-2007

7.2.1 Prospect of Import and Export of Phosphorite

7.2.2 Output of Phosphorite in 2006

Figure 7.2, Monthly Phosphorus Produnction

7.2.3 Import and Export of Phosphorite in 2006

7.2.4 Forecast of Phosphorite Output in 2007

7.2.5 Forecast of Import and Export of Phosphorite in 2007

7.3 Review and Outlook of Sulphuric Acid 2006-2007

7.3.1 Sulphuric Acid Output in 2006

Figure 7.3, Monthly Sulphric Acid Production

7.3.2 Sulphur Output in 2006

7.3.3 Pyrite Output in 2006

7.3.4 Sulphur Import in 2006

7.3.5 Sulphuric Acid Import in 2006

7.3.6 Forecast of Sulphuric Acid Output in 2007

7.3.7 Forecast of Sulphur Output in 2007

7.3.8 Forecast of Pyrite Production in 2007

7.3.9 Forecast of Sulphur Import in 2007

7.3.10 Forecast of Sulphuric Acid Import in 2007

7.4 Review and Outlook of Phosphoric Acid Market 2006-2007

7.4.1 Outptu of Phosphoric Acid in 2006

7.4.2 Import of Phosphoric Acid in 2006

7.4.3 Forecast of Phosphoric Acid Output in 2007

7.4.4 Forecast of Phosphoric Acid Import in 2007

APPENDIX I Table

Chemical Fertilizer

Table 1, Chemical Fertilizer Balance Sheet, 2002-2007

Table 2, Import by Major Chemical Fertilizer Products, 2002-2006

Table 3, Exports by Major Chemical Fertilizer Products, 2002-2006

Table 4, Chemical Fertilizer Production, 2002-2006

Table 5, Chemical Fertilizer Consumption, 2002-2006

N-Fertilizer

Table 6, N-Fertilizer Balance Sheet, 2002-2007

Table 7, Balance Sheet of Urea in China, 2002-2007

Table 8, N-Fertilizer Production by Variety, 2002-2006

Table 9, N-Fertilizer Production, 2002-2006

Table 10, N-Fertilizer Consumption, 2002-2006

Table 11, China’s Urea Imports by Country Original, 2002-2006

Table 12, China’s Urea Exports by Destination Country, 2002-2006

Table 13, Urea Imports by Customs, 2002-2006

Table 14, China’s Urea Exports by Customs, 2002-2006

Table 15, China’s Urea Imports by Provinces, 2002-2006

Table 16, China’s Urea Exports by Provinces, 2002-2006

P-Fertilizer

Table 17, P-Fertilizers Balance Sheet, 2002-2007

Table 18, P-Fertilizer Production by Variety, 2002-2006

Table 19, P-Fertilizer Production, 2002-2006

Table 20, P-Fertilizer Consumption, 2002-2006

K-Fertilizer

Table 21, K-Fertilizers Balance Sheet, 2002-2007

Table 22, K-Fertilizer Production by Variety, 2002-2006

Table 23, K-Fertilizer Production, 2002-2006

Table 24, K-Fertilizer Consumption, 2002-2006

Table 25, China’s MOP Imports by Country Original, 2002-2006

Table 26, China’s MOP Exports by Destination Country, 2002-2006

Table 27, MOP Imports by Customs, 2002-2006

Table 28, China’s MOP Exports by Customs, 2002-2006

Table 29, MOP Imports by Provinces, 2002-2006

Table 30, China’s SOP Imports by Country Original, 2002-2006

Table 31, China’s SOP Exports by Destination Country, 2002-2006

Table 32, SOP Imports by Customs, 2002-2006

Table 33, China’s SOP Exports by Customs, 2002-2006

Table 34, SOP Imports by Provinces, 2002-2006

Compound Fertilizer

Table 35, Balance Sheet of Compound Fertilizer in China, 2002-2007

Table 36, Balance Sheet of DAP in China, 2002-2007

Table 37, Balance Sheet of NPK in China, 2002-2007

Table 38, Compound Fertilizer Production, 2002-2006

Table 39, Compound Fertilizer Consumption, 2002-2006

Table 40, China’s NPK Imports by Country Original, 2002-2006

Table 41, China’s NPK Exports by Destination Country, 2002-2006

Table 42, NPK Imports by Customs, 2002-2006

Table 43, China’s NPK Exports by Customs, 2002-2006

Table 44, NPK Imports by Provinces, 2002-2006

Table 45, China’s DAP Imports by Country Original, 2002-2006

Table 46, China’s DAP Exports by Country Destination, 2002-2006

Table 47, DAP Imports by Customs, 2002-2006

Table 48, China’s DAP Exports by Customs, 2002-2006

Table 49, DAP Imports by Province, 2002-2006

Chemical Fertilizer Related Products

Table 50, China’s Import by Major Chemical Fertilizer Related Products, 2002-2006

Table 51, China’s Production by Major Chemical Fertilizer Related Products, 2002-2006

Table 52, China’s Sulfur Import by Country Original, 2002-2006

Table 53, China’s Sulfur Import by Customs, 2002-2006

Table 54, China’s Exports by Major Chemical Fertilizer Related Products, 2002-2006

Table 55, China Phosphorite Exports by Destination Country, 2002-2006

Table 56, China Phosphorite Exports by Customs, 2002-2006

APPENDIX II CHRONICLES OF CHEMICAL FERTILIZER MARKET IN 2006

Policy

Investment

Nitrogenous Fertilizer

Potassium Fertilizer

Phosphate Fertilizer and Compound Fertilizer

Abstract

China maintained a rapid economic growth in 2006 under the national macro-control policy, the first year of the 11th Five-Year Period (2006~2010) of the national economic development. A series of policies for economic development, including objectives, key points of growth and directions of structural readjustment, have been worked out.

The 11th Five-Year Plan for the Chinese Economic And Social Development, promulgated in March, 2006, requires that per unit GDP energy consumption and pollution discharge be reduced by 20% and 10% in five years against the backdrop of an expected annual 7.5% GDP growth. This poses a new challenge to the fertilizer industry because it is one of the industries with high energy consumption and high pollution discharge. The policy is expected to bring about a new round of technical innovation, distribution of production and product-mix readjustment in the fertilizer industry. How will the new round of restructuring be carried out?

The 11th Five-Year Plan for National Agricultural & Rural Economic Development, promulgated in Aug., 2006, sets up a goal of annual 0.65% increase in comprehensive grain productive capacity in five years under the condition of annual 0.18% decrease in planted grain acreage. Then how will the fertilizer industry step up fertilizer supply, improve its product-mix, improve fertilizing technology and raise fertilizer utilization to ensure the accomplishment of grain production goals?

The 11th Five-Year Plan for the Fertilizer Industry, promulgated in Oct., 2006, puts forward a fertilizer productive capacity of 63.5 million MT and a production of 60 million MT a year by 2010 in order to guarantee fertilizer supply. The specific goals of nitrogen, phosphorus and potassium production are 42 million MT, 15 million MT and 3 million MT respectively. Domestic fertilizer self-sufficiency should reach 90%, that is, basic self-sufficiency of nitrogen and phosphorus supply and 30% of potassium supply. How will the fertilizer industry readjust its distribution of production and product-mix and what steps will it take in technical innovation to attain the industry’s development goals?

The conflict between the government’s policy to practice macro-control and the policy of increasing farmers’ income and the conflict between fertilizer price growth and government’s control remained unsettled in 2006. Farmers’ and fertilizer producers’ complaints led to a government decision to lift fertilizer price control, withdraw preference policies for fertilizer producers and give direct cash subsidy to farmers from 2007 on. But fertilizer production cost keeps increasing on account of the reform of coal, power and natural gas price toward market economy. Owing to this, there was a tendency of declining profit margin in the fertilizer industry in late 2006. Therefore, how the government reforms its policies will have great impact on fertilizer production and fertilizer market trend in 2007.

On the basis of thorough review and analysis of government’s fertilizer policies and market trend in 2006, taking into account of national economic move and overall policy reform, BOABC will make an in-depth analysis of the problems facing the fertilizer market in 2007 and draw reasonable conclusions, so as to provide a reference to people concerned about China’s fertilizer market.

Get Full Details About This Report >>

About MarketResearch.com
MarketResearch.com is an online aggregator selling over 160,000 market research reports, company profiles and country profiles from over 600 research firms. Our reports will provide you with the critical business and competitive intelligence you need for strategic planning and marketing research. Coverage includes the US, UK, Europe, Asia and global markets.