NAFTA’s co-sponsors consist of the United States, Mexico and Canada. After many rounds of dialog and intensive negotiations, the agreement finally came into force in 1994. NAFTA was designed to eliminate trade tariffs between the member countries. The tariff barriers between the three countries have now indeed been completely eliminated.

Since NAFTA came into effect in 1994, the volume of trade between the U.S., Mexico, and Canada has realized phenomenal growth.

From a manufacturing perspective, the impact of NAFTA on the Mexican economy has been generally positive. After the agreement was signed, many foreign manufacturing companies entered in force, opening new manufacturing plants near the Mexican border. According to CRI’s market research, a large number of factories are relocating or planning to relocate from China to the U.S.-Mexico border in recent years. For the cement industry in Mexico, there are good opportunities for growth in the coming years.

The construction of industrial properties such as factories and warehouses, as well as the construction of infrastructure such as roads, will contribute to the rising demand for cement in the Mexican market.

Mexico cement industry stands as a cornerstone of the nation’s infrastructure development, playing a vital role in fueling construction projects across the country. Characterized by a mix of domestic and international players, the industry boasts a rich history rooted in both traditional craftsmanship and modern technological advancements.

In Mexico, the cement industry remains highly concentrated, with six key companies holding sway over the national market. These companies, namely Cemex, Grupo Cementos Chihuahua, Cemento Moctezuma, Holcim-Apasco, Cruz Azul, and Cementos Fortaleza, collectively wield significant influence. Their combined production capacity amounts to approximately 55 million tons per year, distributed across 35 cement plants strategically positioned throughout the country.

The cement market is currently navigating a landscape of both potential and volatility, largely driven by the infrastructural demands of fast-developing economies despite global economic uncertainties. With about two-thirds of global cement consumption attributed to the construction sector, the market’s stability is closely linked to overall economic activity. However, this consistent expansion also exposes the industry to cyclical risks and fluctuations in raw material costs.

Despite these challenges, several factors contribute to the vitality of the cement market. Urbanization, infrastructure development, and the growing need for housing are significant drivers of growth, especially in regions like Asia-Pacific, Africa, and South America. However, environmental concerns and stricter regulatory measures may pose limitations on future expansion efforts.

Furthermore, the significance of the cement industry transcends mere production statistics; it serves as a cornerstone of Mexico’s economic advancement and societal advancement. As Mexico continues its journey of urbanization and modernization, the demand for cement remains steadfastly high, underpinning a myriad of infrastructure endeavors vital for progress, including factory buildings, residential complexes, commercial edifices, highways, and bridges.

According to CRI’s forecast, Mexico cement production will rise from 47.3 million tons in 2024 to 62.8 million tons in 2033, a CAGR of 3.2% from 2024 to 2033.

According to CRI, the growth of the Mexican cement industry is driven by the rising population of Mexico, which contributes to the rising demand for housing and infrastructure, as well as the large number of foreign companies investing in Mexico, which contributes to the rising demand for industrial real estate such as factories and warehouses.

Topics covered:

• Mexico Cement Industry Overview
• Economic environment and policy environment of cements in Mexico
• Mexico cement market size from 2019 to 2023
• Analysis of major Mexico cement manufacturers
• Key Drivers and Market Opportunities of Mexico’s Cement Industry
• What are the key drivers, challenges and opportunities for the Mexico cement industry during the forecast period 2024-2033?
• What is the expected revenue of the Mexico Cement market during the forecast period 2024-2033?
• What strategies are adopted by the key players in the market to increase their market share in the industry?
• Which segment of the Mexico Cement Market is expected to dominate the market in 2033?
• Mexico Cement Market Forecast from 2024 to 2033
• What are the main headwinds facing Mexico’s cement industry?

Table of Contents

1 Overview of Mexico

1.1 Geographical conditions

1.2 Mexico’s demographic structure

1.3 Mexico’s economy

1.4 Mexico minimum wage from 2014 to 2024

1.5 Impact of COVID -19 on Mexico’s Cement Industry

2. Development Environment of Mexico Cement Industry

2.1 Economic Environment

2.1.1 Mexico’s GDP

2.1.2 Minimum Wage in Mexico, 2014-2023

2.2 FDI in Mexico Cement Industry

2.3 Policy Environment of Mexico Cement Industry

2.3.1 Preferential Policies on Foreign Investment of Cement Industry in Mexico

2.3.2 Policies Related to Imports and Exports of Cement Industry in Mexico

3. Analysis on Market Status of Mexico Cement Industry

3.1 Supply of Mexico Cement Industry

3.1.1 Production Volume of Mexico Cement Industry

3.1.2 Production volume of Mexico Cement products by types

3.2 Demand of Mexico Cement Industry

3.2.1 Domestic Sales Volume of Cement

3.2.2 Market size of Cement

3.2.3 Demand structure and key clients of cement industry in Mexico

4. Analysis on Import and Export of Cement in Mexico

4.1 Mexico Cement Industry Import Situation

4.1.1 Import Volume and Import Value of Mexico Cement Industry

4.1.2 Main Import Sources of Mexico Cement

4.2 Mexico Cement Industry Export Situation

4.2.1 Export Volume and Export Value of Mexico Cement Industry

4.2.2 Main Export Destinations of Mexico Cement

5. Cost and Price Analysis of the Mexico Cement Industry

5.1 Cost

5.1.1 Raw Material Cost

5.1.2 Energy Cost

5.1.3 Human Resources Cost

5.2 Price trend of cement in Mexico 2020-2024

6. Market Competition Analysis of Mexico’s Cement Industry

6.1 Barriers to entry in Mexico’s cement industry

6.1.1 Brand barriers

6.1.2 Quality barriers

6.1.3 Capital barriers

6.2 Competitive Structure of Mexico’s Cement Industry

6.2.1 Bargaining power of cement suppliers

6.2.2 Consumer bargaining power

6.2.3 Competition in Mexico’s Cement Industry

6.2.4 Potential Entrants to the Cement Industry

6.2.5 Alternatives to chemical cements

7. Top Cement Manufacturers in Mexico

7.1 Cemex

7.1.1 Corporate Profile of Cemex

7.1.2 Operations of Cemex in Mexico

7.2 GCC SAB de

7.2.1 Corporate Profile of GCC SAB de

7.2.2 Operations of GCC SAB de in Mexico

7.3 Cemento y Concreto Moctezuma

7.3.1 Corporate Profile of Cemento y Concreto Moctezuma

7.3.2 Operations of Cemento y Concreto Moctezuma in Mexico

7.4 Holcim-Apasco

7.4.1 Corporate Profile of Holcim-Apasco

7.4.2 Operations of Holcim-Apasco in Mexico

7.5 Cementos y Concretos Nacionales

7.5.1 Corporate Profile of Cementos y Concretos Nacionales

7.5.2 Operations of Cementos y Concretos Nacionales in Mexico

7.6 Cementos Fortaleza

7.6.1 Corporate Profile of Cementos Fortaleza

7.6.2 Operations of Cementos Fortaleza in Mexico

8. Mexico Cement Industry Outlook, 2024-2033

8.1 Analysis of Factors Influencing the Development of the Mexico Cement Industry

8.1.1 Drivers and Development Opportunities

8.1.2 Threats and Challenges

8.2 Supply Forecast of Mexico Cement Industry, 2024-2033

8.3 Demand Forecast of Mexico Cement Industry, 2024-2033

8.4 Import and Export Forecast of Mexico Cement Industry, 2024-2033

LIST OF CHARTS

Chart Mexico’s total population from 2013 to 2023

Chart Mexico’s GDP per capita from 2013 to 2023

Char Policies related to the fertilizer industry issued by the Mexico government from 2018 to 2024

Chart Foreign investment policy in Mexico’s fertilizer industry

Chart 2014-2024 Mexico minimum wage

Chart 2019-2023 Mexico’s total fertilizer production

Chart 2019-2023 Mexico’s nitrogen, phosphorus and potassium fertilizer production

Chart 2019-2023 Mexico’s domestic consumption of chemical fertilizers

Chart 2019-2023 Mexico fertilizer imports

Chart 2019-2023 Mexico fertilizer import amount

Chart 2019-2023 Mexico’s fertilizer importing countries and import amounts

Chart 2019-2023 Mexico fertilizer export volume

Chart 2019-2023 Mexico fertilizer export value

Chart 2019-2023 Mexico’s main export destinations of fertilizers

Chart 2024-2033 Mexico’s fertilizer production forecast

Chart 2024-2033 Mexico domestic fertilizer market size forecast

Chart 2024-2033 Mexico’s fertilizer import forecast

Chart 2024-2033 Mexico’s fertilizer export forecast

The post Mexico Cement Industry Research Report 2024-2033 first appeared on CRI Report.

The cement industry in Thailand is a vital sector contributing significantly to the country’s economic growth and infrastructure development. Known for its robust manufacturing capabilities and strategic geographical location, Thailand has emerged as one of the key players in the global cement market.

Thailand Cement market currently, in 2023, has witnessed an HHI of 9071, Which has decreased substantially as compared to the HHI of 9670 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market. Thailand’s cement industry is characterized by a diverse range of manufacturers, including both domestic players and multinational corporations. Major companies such as Siam Cement Group (SCG), Siam City Cement (SCCC), and TPI Polene dominate the market, alongside several smaller players.

One of the key drivers of Thailand’s cement industry is the booming construction sector, fueled by rapid urbanization, industrialization, and government infrastructure projects. The country’s expanding population, coupled with increasing investments in residential, commercial, and public infrastructure projects, has created a sustained demand for cement.

Thailand’s cement industry is known for its adherence to international quality standards and adoption of advanced manufacturing technologies. Many cement plants in the country are equipped with state-of-the-art facilities, ensuring high efficiency, productivity, and environmental sustainability.

Moreover, Thailand’s cement industry has been proactive in implementing sustainable practices, including alternative fuel usage, waste heat recovery, and carbon emissions reduction initiatives. This commitment to sustainability aligns with global trends towards greener and more environmentally responsible manufacturing processes.

In recent years, Thailand’s cement industry has also focused on expanding its presence in international markets, leveraging its competitive advantages in terms of cost-efficiency, product quality, and logistics infrastructure. Export opportunities to neighboring countries in Southeast Asia and beyond have further fueled the growth of the industry.

In 2023, Thailand’s cement production will be about 35.42 million tons, down from 2022. CRI expects Thailand cement production to reach about 37.01 million tons in 2024. In 2033 Thailand cement production will reach 52.22 million tons, a CAGR of about 3.9% from 2024 to 2033. Drivers of growth in the Thai cement industry in the coming years include rising demand for cement in the Thai domestic market and rising exports of Thai cement.

However, like any other industry, Thailand’s cement sector also faces challenges, including fluctuating raw material costs, regulatory compliance, and competition from imports. Nevertheless, with its strong fundamentals, technological advancements, and strategic vision, the Thai cement industry continues to thrive, playing a crucial role in driving the country’s economic progress and infrastructure development.

Topics covered:

• Thailand Cement Industry Overview
• Economic environment and policy environment of cements in Thailand
• Thailand cement market size from 2019 to 2023
• Analysis of major Thailand cement manufacturers
• Key Drivers and Market Opportunities of Thailand’s Cement Industry
• What are the key drivers, challenges and opportunities for the Thailand cement industry during the forecast period 2024-2033?
• What is the expected revenue of the Thailand Cement market during the forecast period 2024-2033?
• What strategies are adopted by the key players in the market to increase their market share in the industry?
• Which segment of the Thailand Cement Market is expected to dominate the market in 2033?
• Thailand Cement Market Forecast from 2024 to 2033
• What are the main headwinds facing Thailand’s cement industry?

Table of Contents

1 Overview of Thailand

1.1 Geographical conditions

1.2 Thailand’s demographic structure

1.3 Thailand’s economy

1.4 Thailand minimum wage from 2014 to 2024

1.5 Impact of COVID -19 on Thailand’s Cement Industry

2. Development Environment of Thailand Cement Industry

2.1 Economic Environment

2.1.1 Thailand’s GDP

2.1.2 Minimum Wage in Thailand, 2014-2023

2.2 FDI in Thailand Cement Industry

2.3 Policy Environment of Thailand Cement Industry

2.3.1 Preferential Policies on Foreign Investment of Cement Industry in Thailand

2.3.2 Policies Related to Imports and Exports of Cement Industry in Thailand

3. Analysis on Market Status of Thailand Cement Industry

3.1 Supply of Thailand Cement Industry

3.1.1 Production Volume of Thailand Cement Industry

3.1.2 Production volume of Thailand Cement products by types

3.2 Demand of Thailand Cement Industry

3.2.1 Domestic Sales Volume of Cement

3.2.2 Market size of Cement

3.2.3 Demand structure and key clients of cement industry in Thailand

4. Analysis on Import and Export of Cement in Thailand

4.1 Thailand Cement Industry Import Situation

4.1.1 Import Volume and Import Value of Thailand Cement Industry

4.1.2 Main Import Sources of Thailand Cement

4.2 Thailand Cement Industry Export Situation

4.2.1 Export Volume and Export Value of Thailand Cement Industry

4.2.2 Main Export Destinations of Thailand Cement

5. Cost and Price Analysis of the Thailand Cement Industry

5.1 Cost

5.1.1 Raw Material Cost

5.1.2 Energy Cost

5.1.3 Human Resources Cost

5.2 Price trend of cement in Thailand 2020-2024

6. Market Competition Analysis of Thailand’s Cement Industry

6.1 Barriers to entry in Thailand’s cement industry

6.1.1 Brand barriers

6.1.2 Quality barriers

6.1.3 Capital barriers

6.2 Competitive Structure of Thailand’s Cement Industry

6.2.1 Bargaining power of cement suppliers

6.2.2 Consumer bargaining power

6.2.3 Competition in Thailand’s Cement Industry

6.2.4 Potential Entrants to the Cement Industry

6.2.5 Alternatives to chemical cements

7. Top 5 Cement Manufacturers in Thailand

7.1 Siam Cement Group (SCG)

7.1.1 Corporate Profile of Siam Cement Group (SCG)

7.1.2 Operations of Siam Cement Group (SCG) in Thailand

7.2 TPI Polene Public Company Limited

7.2.1 Corporate Profile of TPI Polene Public Company Limited

7.2.2 Operations of TPI Polene Public Company Limited in Thailand

7.3 Siam City Cement Public Company Limited (SCCC)

7.3.1 Corporate Profile of Siam City Cement Public Company Limited (SCCC)

7.3.2 Operations of Siam City Cement Public Company Limited (SCCC) in Thailand

7.4 Cementhai SCT

7.4.1 Corporate Profile of Cementhai SCT

7.4.2 Operations of Cementhai SCT in Thailand

7.5 Asia Cement Public Company Limited

7.5.1 Corporate Profile of Asia Cement Public Company Limited

7.5.2 Operations of Asia Cement Public Company Limited in Thailand

8. Thailand Cement Industry Outlook, 2024-2033

8.1 Analysis of Factors Influencing the Development of the Thailand Cement Industry

8.1.1 Drivers and Development Opportunities

8.1.2 Threats and Challenges

8.2 Supply Forecast of Thailand Cement Industry, 2024-2033

8.3 Demand Forecast of Thailand Cement Industry, 2024-2033

8.4 Import and Export Forecast of Thailand Cement Industry, 2024-2033

LIST OF CHARTS

Chart Thailand’s total population from 2013 to 2023

Chart Thailand’s GDP per capita from 2013 to 2023

Char Policies related to the cement industry issued by the Thailand government from 2018 to 2024

Chart Foreign investment policy in Thailand’s cement industry

Chart 2014-2024 Thailand minimum wage

Chart 2019-2023 Thailand’s total cement production

Chart 2019-2023 Thailand’s nitrogen, phosphorus and potassium cement production

Chart 2019-2023 Thailand’s domestic consumption of chemical cements

Chart 2019-2023 Thailand cement imports

Chart 2019-2023 Thailand cement import amount

Chart 2019-2023 Thailand’s cement importing countries and import amounts

Chart 2019-2023 Thailand cement export volume

Chart 2019-2023 Thailand cement export value

Chart 2019-2023 Thailand’s main export destinations of cements

Chart 2024-2033 Thailand’s cement production forecast

Chart 2024-2033 Thailand domestic cement market size forecast

Chart 2024-2033 Thailand’s cement import forecast

Chart 2024-2033 Thailand’s cement export forecast

The post Thailand Cement Industry Research Report 2024-2033 first appeared on CRI Report.

Indonesia is the fourth most populous country in the world and an important agricultural country. The overall demand for fertilizers in Indonesia is showing an increasing trend. In 2021, Indonesia’s agricultural land reached 64.6 million hectares, and the cultivated land area reached 26.3 million hectares. The cultivated land area accounted for 13.9% of the country’s land area. According to statistics, 45% of Indonesia’s population lives in rural areas, and more than 90% of those engaged in agriculture are small farmers.

According to CRI analysis, farms account for 32% of Indonesia’s total land area, and agricultural production accounts for 14% of the gross domestic product (GDP). Indonesia is also the world’s third largest exporter of cocoa and rubber, and increased export-oriented crop cultivation has led to rising demand for fertilizers in Indonesia. In 2023, Indonesia’s fertilizer imports reached US$ 2.03 billion, and Indonesia is one of the world’s largest fertilizer importers.

In 2020-2022, the COVID -19 pandemic had an adverse impact on the Indonesian fertilizer industry. Fertilizer production in Indonesia fell by 20-30% due to supply constraints. In addition, due to the turmoil in the international situation, which has had a huge impact on the supply side of the fertilizer market, especially the potash fertilizer market, Indonesian fertilizer market prices have also increased.

CRI predicts that with the development of Indonesia’s agriculture and planting industry, Indonesia’s demand for fertilizers will continue to rise from 2024 to 2033.

Due to Indonesia’s limited domestic fertilizer production capacity, annual fertilizer imports will continue to rise. CRI predicts that Indonesia’s fertilizer imports will reach 7.54 million tons in 2033, with a compound annual growth rate of 3.1 % from 2024 to 2033

Topics covered:

• Indonesia Fertilizer Industry Overview
• Economic environment and policy environment of fertilizers in Indonesia
• Indonesian fertilizer market size from 2019 to 2023
• Analysis of major Indonesian fertilizer manufacturers
• Key Drivers and Market Opportunities of Indonesia’s Fertilizer Industry
• What are the key drivers, challenges and opportunities for the Indonesian fertilizer industry during the forecast period 2024-2033?
• What is the expected revenue of the Indonesia Fertilizer market during the forecast period 2024-2033?
• What strategies are adopted by the key players in the market to increase their market share in the industry?
• Which segment of the Indonesian Fertilizer Market is expected to dominate the market in 2033?
• Indonesia Fertilizer Market Forecast from 2024 to 2033
• What are the main headwinds facing Indonesia’s fertilizer industry?

Table of Contents

1 Overview of Indonesia

1.1 Geographical conditions

1.2 Indonesia’s demographic structure

1.3 Indonesia’s economy

1.4 Indonesian minimum wage from 2014 to 2024

1.5 Impact of COVID -19 on Indonesia’s Fertilizer Industry

2 Development environment of Indonesia’s fertilizer industry

2.1 Economic environment

2.1.1 Development status of agriculture and plantation industry in Indonesia

2.1.2 Analysis of fertilizer usage in the Indonesian market

2.2 Technical environment

2.2.1 Main types of chemical fertilizers used in Indonesia

2.2.2 Technical level of Indonesia’s fertilizer manufacturing industry

2.3 Policy environment for Indonesia’s fertilizer industry

2.3.1 Main government policies for Indonesia’s fertilizer industry

2.3.2 Foreign investment policies in Indonesia’s fertilizer industry

2.4 Analysis of operating costs of Indonesia’s fertilizer industry

2.4.1 Human resource costs

2.4.2 Electricity price

2.4.3 Factory rent

2.4.4 Other costs

3 Supply and demand status of Indonesia’s fertilizer industry

3.1 Supply status of Indonesia’s fertilizer industry

3.1.1 Indonesia’s total fertilizer production

3.1.2 Production of different types of fertilizers

3.2 Demand status of Indonesia’s fertilizer industry

3.2.1 Analysis of fertilizer consumption in Indonesia

3.2.2 Analysis of Indonesian market demand for different types of fertilizers

3.2.3 Comprehensive forecast of Indonesia’s fertilizer market

3.3 Indonesia Fertilizer Market Price Analysis

4 Import and export status of Indonesia’s fertilizer industry from 2019 to 2023

4.1 Import status of Indonesia’s fertilizer industry

4.1.1 Indonesia’s fertilizer import volume and import value

4.1.2 Main import sources of chemical fertilizers in Indonesia

4.2 Export status of Indonesia’s fertilizer industry

4.2.1 Indonesia’s fertilizer export volume and export value

4.2.2 Main export destinations of fertilizers in Indonesia

5 Market Competition Analysis of Indonesia’s Fertilizer Industry

5.1 Barriers to entry in Indonesia’s fertilizer industry

5.1.1 Brand barriers

5.1.2 Quality barriers

5.1.3 Capital barriers

5.2 Competitive Structure of Indonesia’s Fertilizer Industry

5.2.1 Bargaining power of fertilizer suppliers

5.2.2 Consumer bargaining power

5.2.3 Competition in Indonesia’s Fertilizer Industry

5.2.4 Potential Entrants to the Fertilizer Industry

5.2.5 Alternatives to chemical fertilizers

6 Analysis of major fertilizer brands in Indonesia

6.1 PT. Pupuk Sriwidjaya Palembang

6.1.1 The development history of PT. Pupuk Sriwidjaya Palembang

6.1.2 Main products of PT. Pupuk Sriwidjaya Palembang

6.1.3 PT. Pupuk Sriwidjaya Palembang’s operating model

6.2 PT Petrokimia Gresik

6.2.1 Development History of PT Petrokimia Gresik

6.2.2 Main Products of PT Petrokimia Gresik

6.2.3 PT Petrokimia Gresik’s operating model

6.3 PT Pupuk Kujang

6.3.1 The development history of PT Pupuk Kujang

6.3.2 Main products of PT Pupuk Kujang

6.3.3 PT Pupuk Kujang’s operating model

6.4 PT. Pupuk Kalimantan Timur

6.4.1 The development history of PT. Pupuk Kalimantan Timur

6.4.2 Main Products of PT. Pupuk Kalimantan Timur

6.4.3 Operation model of PT. Pupuk Kalimantan Timur

6.5 PT Pupuk Iskandar Muda

6.5.1 The development history of PT Pupuk Iskandar Muda

6.5.2 Main products of PT Pupuk Iskandar Muda

6.5.3 Operation model of PT Pupuk Iskandar Muda

6. 6 PT Jadi Mas

6. 6 .1 The development history of PT Jadi Mas

6. 6 .2 Main products of PT Jadi Mas

6. 6 .3 Operation model of PT Jadi Mas

6. 7 Wilmar International Limited

6. 7 .1 The development history of Wilmar International Limited

6. 7 .2 Main products of Wilmar International Limited

6.7.3 Wilmar International Limited ’s operating model

6. 8 Kuok Group ( Agrifert )

6.8.1 Development History of Kuok Group ( Agrifert )

6.8.2 Main products of Kuok Group ( Agrifert )

6.8.3 Kuok Group ( Agrifert ) operating model

6. 9 PT. Dupan Anugerah Lestari

6. 9 .1 PT. Dupan The development history of Anugerah Lestari

6. 9 .2 PT. Dupan Anugerah Lestari’s main products

6. 9 .3 PT. Dupan Anugerah Lestari’s operating model

7 Indonesia’s Fertilizer Industry Outlook 2024-2033

7.1 Analysis of development factors of Indonesia’s fertilizer industry

7.1.1 Driving forces and development opportunities of Indonesia’s fertilizer industry

7.1.2 Threats and challenges faced by Indonesia’s fertilizer industry

7.2 Supply Forecast of Indonesia’s Fertilizer Industry

7.3 Indonesia Fertilizer Market Demand Forecast

7.4 Indonesia’s Fertilizer Import and Export Forecast

LIST OF CHARTS

Chart Indonesia’s total population from 2013 to 2023

Chart Indonesia’s GDP per capita from 2013 to 2023

Char Policies related to the fertilizer industry issued by the Indonesian government from 2018 to 2024

Chart Foreign investment policy in Indonesia’s fertilizer industry

Chart 2014-2024 Indonesian minimum wage

Chart 2019-2023 Indonesia’s total fertilizer production

Chart 2019-2023 Indonesia’s nitrogen, phosphorus and potassium fertilizer production

Chart 2019-2023 Indonesia’s domestic consumption of chemical fertilizers

Chart 2019-2023 Indonesian fertilizer imports

Chart 2019-2023 Indonesian fertilizer import amount

Chart 2019-2023 Indonesia’s fertilizer importing countries and import amounts

Chart 2019-2023 Indonesian fertilizer export volume

Chart 2019-2023 Indonesian fertilizer export value

Chart 2019-2023 Indonesia’s main export destinations of fertilizers

Chart 2024-2033 Indonesia’s fertilizer production forecast

Chart 2024-2033 Indonesian domestic fertilizer market size forecast

Chart 2024-2033 Indonesia’s fertilizer import forecast

Chart 2024-2033 Indonesia’s fertilizer export forecast

The post Indonesia Fertilizer Industry Research Report 2024-2033 first appeared on CRI Report.

The Philippines has a population of approximately 110 million, ranking second in ASEAN. Agriculture plays an important role in the Philippine economy. 70 % of the country’s population is in rural areas, and a considerable number of rural people rely on agriculture to make a living. According to statistics, the agricultural industry employs 24% of the Philippines’ workforce. Cultivated land and forestland account for 18.7 % of the total land area of the Philippines.

The Philippines has limited fertilizer production capacity, so it needs to import large amounts of fertilizer every year. According to CRI’s analysis, the Philippines’ annual fertilizer imports have exceeded 2 million tons in recent years. The Philippines mainly imports fertilizers from China, Indonesia, Malaysia and other countries.

But the Philippines also exports fertilizers. The main types of chemical fertilizers exported by the Philippines are urea, ammonium sulfate, diamine phosphate, potassium fertilizer and compound fertilizer. Cambodia, Vietnam, Malaysia, Zambia, Bulgaria, etc. are the main export markets for fertilizers in the Philippines.

According to CRI’s analysis, although COVID -19 has had a certain adverse impact on the Philippine fertilizer industry in 2020-2021, in 2022-2023, the Philippine fertilizer industry has shown a recovery trend.

Although the demand for fertilizers in the Philippines in 2020 was adversely affected by extreme weather conditions, in general, the operating conditions of enterprises are good, and the operating performance of leading enterprises has increased significantly.

According to CRI’s analysis, the positive outlook for agriculture is a factor driving the growth of fertilizer consumption in the Philippines. The Philippines is one of the agricultural systems most vulnerable to monsoons and other extreme weather events, and these events are expected to create more uncertainty as climate change impacts the country.

Overall, with the growth of the Philippine population and economic development, the demand for chemical fertilizers in the Philippine agriculture and planting industry will continue to rise. The Philippines’ fertilizer imports are expected to continue to grow from 2024 to 2033. CRI predicts that by 2033, the Philippines fertilizer imports will reach 3.39 million tons, with a compound annual growth rate of 3.0 % from 2024 to 2033.

For foreign-funded enterprises, the Philippine fertilizer industry is an area worthy of investment in the next few years.

Topics covered:

• Philippine Fertilizer Industry Overview
• Economic environment and policy environment for fertilizers in the Philippines
• Philippine fertilizer market size from 2019 to 2023
• Analysis of major Philippine fertilizer manufacturers
• Key Drivers and Market Opportunities of the Philippine Fertilizer Industry during the 2024-2033 forecast period?
• What is the expected revenue of the Philippine fertilizer market during the forecast period of 2024-2033?
• What strategies are adopted by the key players in the market to increase their market share in the industry?
• Which segment of the Philippines Fertilizer Market is expected to dominate the market in 2033?
• Philippine fertilizer market forecast 2024-2033
• What are the major headwinds facing the Philippine fertilizer industry?

Table of Contents

1 Philippines Overview

1.1 Geographical conditions

1.2 Demographic structure of the Philippines

1.3 Philippine Economy

1.4 Minimum wage standard in the Philippines 2014-2024

1.5 Impact of COVID -19 on Philippine Fertilizer Industry

2 Development environment of Philippine fertilizer industry

2.1 Economic environment

2.1.1 Development status of agriculture and planting industry in the Philippines

2.1.2 Analysis of fertilizer usage in the Philippine market

2.2 Technical environment

2.2.1 Main types of chemical fertilizers used in the Philippines

2.2.2 Technical level of Philippine fertilizer manufacturing industry

2.3 Policy environment for the Philippine fertilizer industry

2.3.1 Main government policies for the Philippine fertilizer industry

2.3.2 Foreign investment policies in the Philippine fertilizer industry

2.4 Analysis of operating costs of the Philippine fertilizer industry

2.4.1 Human resources cost

2.4.2 Electricity price

2.4.3 Factory rent

2.4.4 Other costs

3 Supply and demand status of Philippine fertilizer industry

3.1 Supply status of Philippine fertilizer industry

3.1.1 Total fertilizer production in the Philippines

3.1.2 Yield of different types of fertilizers

3.2 Demand status of Philippine fertilizer industry

3.2.1 Analysis of fertilizer consumption in the Philippines

3.2.2 Analysis of Philippine market demand for different types of fertilizers

3.2.3 Comprehensive forecast of Philippine fertilizer market

3.3 Philippine fertilizer market price analysis

4 Import and export status of Philippine fertilizer industry from 2019 to 2023

4.1 Import status of Philippine fertilizer industry

4.1.1 Philippine fertilizer import volume and import value

4.1.2 Main import sources of chemical fertilizers in the Philippines

4.2 Export status of Philippine fertilizer industry

4.2.1 Philippine fertilizer export volume and export value

4.2.2 Main export destinations of fertilizers in the Philippines

5 Market Competition Analysis of Philippine Fertilizer Industry

5.1 Barriers to entry in the Philippine fertilizer industry

5.1.1 Brand barriers

5.1.2 Quality barriers

5.1.3 Capital barriers

5.2 Competitive Structure of Philippine Fertilizer Industry

5.2.1 Bargaining power of fertilizer suppliers

5.2.2 Consumer bargaining power

5.2.3 Competition in Philippine Fertilizer Industry

5.2.4 Potential Entrants to the Fertilizer Industry

5.2.5 Alternatives to chemical fertilizers

6 Analysis of major fertilizer brands in the Philippines

6.1 Universal Harvester Incorporated ( UHI )

6.1.1 Development History of Universal Harvester Incorporated ( UHI )

6.1.2 Universal Harvester Incorporated ( UHI ) ’s main products

6.1.3 Universal Harvester Incorporated ( UHI ) operating model

6.2 Hans

6.2.1 The development history of Hans

6.2.2 Hans ’ main products

6.2.3 Hans ’ operating model

6.3 Sagrex Corporation

6.3.1 Development History of Sagrex Corporation

6.3.2 Sagrex Corporation ’s main products

6.3.3 Sagrex Corporation ’s operating model

6.4 K & R Chemical Industries Inc.

6.4.1 Development History of K & R Chemical Industries Inc.

6.4.2 K & R Chemical Industries Inc.Main Products

6.4.3 Operating model of K & R Chemical Industries Inc.

6.5 Philippine Phosphate Fertilizer Corporation ( PHILPHOS )

6.5.1 Development History of Philippine Phosphate Fertilizer Corporation ( PHILPHOS )

6.5.2 Main Products of Philippine Phosphate Fertilizer Corporation ( PHILPHOS )

6.5.3 Philippine Phosphate Fertilizer Corporation ( PHILPHOS ) operating model

6.6 Atlas Fertilizer Corporation

6.7 Maxiplex International Philippines Corporation

6.8 Planters Products

6.9 AA Bio Tekh Enterprises Co.

6.10 Filipinas Agri-Planters Supply, Inc.

6.11 Agrichem Corporation

6.12 Manchem Marketing, Inc.

7 Philippine fertilizer industry outlook 2024-2033

7.1 Analysis of development factors of Philippine fertilizer industry

7.1.1 Driving forces and development opportunities of the Philippine fertilizer industry

7.1.2 Threats and challenges faced by the Philippine fertilizer industry

7.2 Philippine Fertilizer Industry Supply Forecast

7.3 Philippines Fertilizer Market Demand Forecast

7.4 Philippines Fertilizer Import and Export Forecast

LIST OF CHARTS

Chart Total population of the Philippines in 2013-2023

Chart Philippine GDP per capita 2013-2023

Chart Fertilizer industry-related policies issued by the Philippine government 2018-2024

Chart Total fertilizer production in the Philippines 2019-2023

Chart Nitrogen, phosphorus and potassium fertilizer production in the Philippines 2019-2023

Chart 2019-2023 Domestic consumption of chemical fertilizers in the Philippines

Chart Philippine fertilizer imports from 2019 to 2023

Chart 2019-2023 Philippine fertilizer import amount

Chart 2019-2023 Philippine fertilizer importing countries and import amounts

Chart 2019-2023 Philippine fertilizer export volume

Chart 2019-2023 Philippine fertilizer export value

Chart Main export destinations of Philippine fertilizers from 2019 to 2023

Chart Philippine fertilizer production forecast 2024-2033

Chart Philippine domestic fertilizer market size forecast 2024-2033

Chart Philippines fertilizer import forecast 2024-2033

Chart Philippine fertilizer export forecast 2024-2033

The post Philippines Fertilizer Industry Research Report 2024-2033 first appeared on CRI Report.

Agriculture and plantation play a very important role in Thailand’s economic development. In the past 20 years, the proportion of Thailand’s agricultural economy in GDP has been roughly around 8%-10%, and the total annual output value has exceeded 1.5 trillion baht (US$ 40 billion). Thailand’s fertilizer industry has limited production capacity and requires a large amount of imported fertilizers every year. According to CRI analysis, Thailand is a country with an obvious fertilizer trade deficit. Thailand’s annual fertilizer import volume exceeds 4 million tons, but its export volume is only about 500,000 tons. Saudi Arabia, China, Russia, Canada and Malaysia are the top five import sources of fertilizers in Thailand in 2022.

Although the size of Thailand’s agricultural land has not changed significantly in recent years, Thailand’s agricultural productivity is growing rapidly, and this demand has led to an increase in the adoption of various agricultural products and technologies, promoting the development of Thailand’s fertilizer industry.

According to World Bank data, Thailand’s cultivated land area in 2021 was approximately 17.15 million hectares, accounting for 32.9% of the total land area. Among them, most of the farms are concentrated in the northeastern region of Thailand. The region suffers from poor soil quality, seasonality, variable rainfall, and scarcity of surface water. According to CRI analysis, fertilization is crucial to improving agricultural productivity in Thailand. At the policy level, the Thai government supports farmers by providing agricultural input subsidies. In 2019, the government announced new incentives for Thai farmers in the form of cheap fertilizers. This will promote the application of chemical fertilizers in Thailand. In addition, as the price of fertilizers in Thailand has continued to rise since the beginning of 2022, the Thai government has introduced policies to limit fertilizer prices to maintain the stability of the domestic agricultural economy.

Rice crops dominate Thailand’s crops, accounting for 41%, followed by rubber 28%; palm 12%; sugar cane 7%; feed corn 7% and pineapple 5%. These major crops in Thailand are generally fertilized with nitrogen fertilizers. , and most soil in Thailand is deficient in nitrogen. Therefore, nitrogen fertilizer is the most commonly used chemical fertilizer in Thailand, especially urea. In 2021, Thailand’s urea imports accounted for 73.6% of Thailand’s fertilizer imports.

In 2020-2022, COVID -19 had a direct negative impact on the value chain of Thailand Fertilizer market . The main raw materials for the production of fertilizers include ammonium, sulfuric acid, phosphorus and potassium. Logistics obstruction has limited the supply of raw materials, and fertilizer prices have also affected the domestic fertilizer industry during the epidemic. The rise in fertilizer prices has a huge impact on a high-deficit country like Thailand, which basically relies on imports. According to CRI analysis, Thailand’s fertilizer industry has gradually recovered since 2023.

The concentration of chemical fertilizers in Thailand is moderate, and the participants mainly include companies such as Yara (Thailand) Company Limited, Haifa, Chai Thai Co. Ltd, Thai Central Chemical Public Company Limited and Saksiam Group .

CRI predicts that with the development of Thailand’s agriculture and planting industry, Thailand’s fertilizer imports will gradually increase in the next few years. CRI estimates that Thailand fertilizer imports will be approximately 5.92 million tons in 2033, with a compound annual growth rate of approximately 3.2% from 2024 to 2033.

Topics covered:

• Overview of Thailand’s Fertilizer Industry
• Economic environment and policy environment for fertilizers in Thailand
• Thailand’s fertilizer market size from 2019 to 2023
• Analysis of major Thai fertilizer manufacturers
• Main driving forces and market opportunities of Thailand’s fertilizer industry
• What are the key drivers, challenges and opportunities for Thailand’s fertilizer industry during the forecast period 2024-2033?
• What is the expected revenue of the Thailand Fertilizer market during the forecast period 2024-2033?
• What strategies are adopted by the key players in the market to increase their market share in the industry?
• Which segment of the Thailand fertilizer market is expected to dominate the market in 2033?
• Thailand Fertilizer Market Forecast from 2024 to 2033
• What are the main headwinds facing Thailand’s fertilizer industry?

Table of Contents

1 Thailand Overview

1.1 Geographical conditions

1.2 Thailand’s demographic structure

1.3 Thailand’s economy

1.4 Thailand’s minimum wage standard in 2014-2024

1.5 Impact of COVID -19 on Thailand’s Fertilizer Industry

2 Development environment of Thailand’s fertilizer industry

2.1 Economic environment

2.1.1 Development status of Thailand’s agriculture and planting industry

2.1.2 Analysis of chemical fertilizer usage in Thailand market

2.2 Technical environment

2.2.1 Main types of chemical fertilizers used in Thailand

2.2.2 Technical level of Thailand’s fertilizer manufacturing industry

2.3 Policy environment for Thailand’s fertilizer industry

2.3.1 Main government policies for Thailand’s fertilizer industry

2.3.2 Foreign investment policies in Thailand’s fertilizer industry

2.4 Analysis of operating costs of Thailand’s fertilizer industry

2.4.1 Human resource costs

2.4.2 Electricity price

2.4.3 Factory rent

2.4.4 Other costs

3 Supply and demand status of Thailand’s fertilizer industry

3.1 Supply status of Thailand’s fertilizer industry

3.1.1 Thailand’s total fertilizer production

3.1.2 Production of different types of fertilizers

3.2 Demand status of Thailand’s fertilizer industry

3.2.1 Analysis of fertilizer consumption in Thailand

3.2.2 Analysis of demand for different types of fertilizers in the Thai market

3.2.3 Comprehensive forecast of Thailand’s fertilizer market

3.3 Analysis of Thailand Fertilizer Market Price

4 Import and export status of Thailand’s fertilizer industry from 2019 to 2023

4.1 Import status of Thailand’s fertilizer industry

4.1.1 Thailand’s chemical fertilizer import volume and import value

4.1.2 Thailand’s main import sources of chemical fertilizers

4.2 Export status of Thailand’s fertilizer industry

4.2.1 Thailand’s fertilizer export volume and export value

4.2.2 Main export destinations of fertilizers in Thailand

5 Analysis of market competition in Thailand’s fertilizer industry

5.1 Barriers to entry in Thailand’s fertilizer industry

5.1.1 Brand barriers

5.1.2 Quality barriers

5.1.3 Capital barriers

5.2 Competition structure of Thailand’s fertilizer industry

5.2.1 Bargaining power of fertilizer suppliers

5.2.2 Consumer bargaining power

5.2.3 Competition in Thailand’s Fertilizer Industry

5.2.4 Potential Entrants to the Fertilizer Industry

5.2.5 Alternatives to chemical fertilizers

6 Analysis of major fertilizer brands in Thailand

6.1 Yara (Thailand) Company Limited

6.1.1 Development History of Yara (Thailand) Company Limited

6.1.2 Yara (Thailand) Company Limited’s main products

6.1.3 Yara (Thailand) Company Limited’s operating model

6.2 NFC Public Company Limited

6.2.1 Development History of NFC Public Company Limited

6.2.2 Main products of NFC Public Company Limited

6.2.3 Operation model of NFC Public Company Limited

6.3 Chai Thai Co. Ltd

6.3.1 Development History of Chai Thai Co. Ltd

6.3.2 Main products of Chai Thai Co. Ltd

6.3.3 Chai Thai Co. Ltd’s operating model

6.4 Thai Central Chemical Public Company Limited

6.4.1 Development History of Thai Central Chemical Public Company Limited

6.4.2 Main products of Thai Central Chemical Public Company Limited

6.4.3 Thai Central Chemical Public Company Limited’s operating model

6.5 Haifa Group

6.5.1 Haifa Group ‘s development history

6.5.2 Haifa Group ‘s main products

6.5.3 Haifa Group ’s operating model

6.6 SAKSIAM GROUP

6. 6 .1 Development History of SAKSIAM GROUP

6. 6 .2 Main products of SAKSIAM GROUP

6. 6 .3 SAKSIAM GROUP’s operating model

6.7 ICL Fertilizers ( Ranthai Agro Co. Ltd)

6.7.1 ICL Fertilizers ( Ranthai The development history of Agro Co. Ltd)

6.7.2 ICL Fertilizers ( Ranthai Agro Co. Ltd)’s main products

6.7.3 ICL Fertilizers ( Ranthai Agro Co. Ltd) operating model

6. 8 Rayong Fertilizer Trading Company Limited (UBE Group)

6. 8 .1 The development history of Rayong Fertilizer Trading Company Limited (UBE Group)

6. 8 .2 Main products of Rayong Fertilizer Trading Company Limited (UBE Group)

6. 8 .3 Operating model of Rayong Fertilizer Trading Company Limited (UBE Group)

6. 9 COMPO Expert

6. 9 .1 Development History of COMPO Expert

6. 9 .2 COMPO Expert’s main products

6. 9 .3 COMPO Expert’s operating model

6.10 ICP FERTILIZER COMPANY

6. 10 .1 Development History of ICP FERTILIZER COMPANY

6. 10 .2 Main products of ICP FERTILIZER COMPANY

6. 10 .3 Operation model of ICP FERTILIZER COMPANY

7 Outlook of Thailand’s Fertilizer Industry from 2024 to 2033

7.1 Analysis of development factors of Thailand’s fertilizer industry

7.1.1 Driving forces and development opportunities of Thailand’s fertilizer industry

7.1.2 Threats and challenges faced by Thailand’s fertilizer industry

7.2 Supply Forecast of Thailand’s Fertilizer Industry

7.3 Thailand Fertilizer Market Demand Forecast

7.4 Thailand’s Fertilizer Import and Export Forecast

LIST OF CHARTS

Chart Thailand’s total population from 2013 to 2023

Chart Thailand’s GDP per capita from 2013 to 2023

Chart 2014-2024 Thailand’s minimum wage

Chart Policies related to the fertilizer industry issued by the Thai government from 2018 to 2024

Chart Thailand’s policies for foreign investment in the fertilizer industry

Chart Thailand’s total fertilizer production from 2019 to 2023

Chart 2019-2023 Thailand’s nitrogen, phosphorus and potassium fertilizer production

Chart 2019-2023 Thailand’s domestic consumption of chemical fertilizers

Char Thailand’s chemical fertilizer imports from 2019 to 2023

Chart 2019-2023 Thailand’s fertilizer import amount

Chart 2019-2023 Thailand’s fertilizer importing countries and import amounts

Chart 2019-2023 Thailand’s fertilizer export volume

Chart 2019-2023 Thailand’s fertilizer export value

Chart Thailand’s main export destinations of fertilizers from 2019 to 2023

Chart 2024-2033 Thailand fertilizer production forecast

Chart 2024-2033 Thailand domestic fertilizer market size forecast

Chart 2024-2033 Thailand fertilizer import forecast

Chart 2024-2033 Thailand fertilizer export forecast

The post Thailand Fertilizer Industry Research Report 2024-2033 first appeared on CRI Report.

Agriculture plays an important role in Vietnam’s economy. The agricultural population accounts for more than 50% of Vietnam’s total population, and arable land and forestland account for 60% of Vietnam’s total land area. According to CRI’s analysis, Vietnam’s annual fertilizer exports have exceeded 3 million tons in recent years, while fertilizer imports have also exceeded 1 million tons.

According to CRI’s analysis, Vietnam’s fertilizer market concentration is low, with local companies accounting for about 70% of the market share. Based on the overall revenue of the Vietnam fertilizer market in 2023, the top five companies together account for approximately 30% of the market. Major fertilizer manufacturers in the Vietnamese market are adopting various strategies, such as expanding production capacity and finding more distributors, to increase their market share.

The main types of chemical fertilizers exported by Vietnam are ammonium sulfate, diamine phosphate, nitrogen, phosphorus and potassium, etc. Cambodia, India, Indonesia, South Korea, Malaysia, the Philippines and other countries are the main export markets for Vietnamese fertilizers. At the same time, Vietnam imports more than 4 million tons of fertilizers every year, of which ammonium sulfate imports the largest amount. According to CRI’s analysis, China is currently Vietnam’s largest fertilizer supplier, accounting for nearly 45% of Vietnam’s total fertilizer imports. In addition, Russia, Israel, Laos, Canada and other countries are also the main import sources of fertilizers in Vietnam.

According to CRI’s analysis, although COVID -19 has had a certain impact on Vietnam’s economy, Vietnam’s fertilizer industry still showed a growth trend during the epidemic, and its fertilizer output increased by 5.2% and 3.5% respectively in 2020-2021. In addition, although the supply chain and logistics were disrupted during the epidemic, the export and import volume of fertilizers still showed an overall upward trend. Vietnam’s fertilizer imports will reach 4.116 million tons in 2023, a year-on-year increase of 21.3%.

But in 2023, due to oversupply in the global fertilizer industry, fertilizer prices have fallen, and fewer foreign orders have led to a decline in Vietnam’s fertilizer exports. However, as a net importer of fertilizers, Vietnam has experienced lower fertilizer prices in the process. China has also benefited. In 2023, Vietnam’s fertilizer import volume increased by 21.3% year-on-year, but the import value dropped by 12.8% year-on-year.

CRI predicts that with the development of Vietnam’s agriculture and planting industry, Vietnam’s chemical fertilizer imports will gradually increase in the next few years. CRI predicts that Vietnam’s fertilizer imports will reach 6.83 million tons by 2033, with a compound annual growth rate (CAGR) of 5.2% from 2024 to 2033.

Topics covered:

• Overview of Vietnam’s Fertilizer Industry
• Economic environment and policy environment for fertilizers in Vietnam
• Vietnam fertilizer market size from 2019 to 2023
• Analysis of major Vietnamese fertilizer manufacturers
• Main driving forces and market opportunities of Vietnam’s fertilizer industry
• What are the main drivers, challenges and opportunities for Vietnam’s fertilizer industry during the forecast period 2024-2033?
• What is the expected revenue of Vietnam Fertilizer market during the forecast period 2024-2033?
• What strategies are adopted by the key players in the market to increase their market share in the industry?
• Which segment of the Vietnam Fertilizer Market is expected to dominate the market in 2033?
• Vietnam Fertilizer Market Forecast from 2024 to 2033
• What are the main negative factors facing Vietnam’s fertilizer industry?

Table of Contents

1 Vietnam Overview

1.1 Geographical conditions

1.2 Vietnam’s demographic structure

1.3 Vietnam’s economy

1.4 Vietnam’s minimum wage standards from 2014 to 2024

1.5 Impact of COVID -19 on Vietnam’s Fertilizer Industry

2 Development environment of Vietnam’s fertilizer industry

2.1 Economic environment

2.1.1 Development status of agriculture and planting industry in Vietnam

2.1.2 Analysis of chemical fertilizer usage in Vietnam market

2.2 Technical environment

2.2.1 Main types of chemical fertilizers used in Vietnam

2.2.2 Technical level of Vietnam’s fertilizer manufacturing industry

2.3 Policy environment of Vietnam’s fertilizer industry

2.3.1 Main government policies for Vietnam’s fertilizer industry

2.3.2 Foreign investment policies in Vietnam’s fertilizer industry

2.4 Analysis of operating costs of Vietnam’s fertilizer industry

2.4.1 Human resource costs

2.4.2 Electricity price

2.4.3 Factory rent

2.4.4 Other costs

3 Supply and demand status of Vietnam’s fertilizer industry

3.1 Supply situation of Vietnam’s fertilizer industry

3.1.1 Vietnam’s total fertilizer production

3.1.2 Production of different types of fertilizers

3.2 Demand situation of Vietnam’s fertilizer industry

3.2.1 Analysis of Vietnam’s Fertilizer Consumption

3.2.2 Analysis of Vietnam market demand for different types of chemical fertilizers

3.2.3 Comprehensive forecast of Vietnam’s fertilizer market

3.3 Vietnam Fertilizer Market Price Analysis

4 Import and export status of Vietnam’s fertilizer industry from 2019 to 2023

4.1 Import status of Vietnam’s fertilizer industry

4.1.1 Vietnam’s chemical fertilizer import volume and import value

4.1.2 Main import sources of chemical fertilizers in Vietnam

4.2 Export status of Vietnam’s fertilizer industry

4.2.1 Vietnam’s fertilizer export volume and export value

4.2.2 Main export destinations of Vietnam’s chemical fertilizers

5 Market Competition Analysis of Vietnam’s Fertilizer Industry

5.1 Barriers to entry in Vietnam’s fertilizer industry

5.1.1 Brand barriers

5.1.2 Quality barriers

5.1.3 Capital barriers

5.2 Competition structure of Vietnam’s fertilizer industry

5.2.1 Bargaining power of fertilizer suppliers

5.2.2 Consumer bargaining power

5.2.3 Competition in Vietnam’s Fertilizer Industry

5.2.4 Potential Entrants to the Fertilizer Industry

5.2.5 Alternatives to chemical fertilizers

6 Analysis of major fertilizer brands in Vietnam

6.1 Binh Dien Fertilizer JSC ( BFC )

6.1.1 The development history of Binh Dien Fertilizer JSC ( BFC )

6.1.2 Binh Dien Fertilizer JSC ( BFC )’s main products

6.1.3 Binh Dien Fertilizer JSC ( BFC ) ’s operating model

6.2 Southern Fertilizer JSC

6.2.1 Development History of Southern Fertilizer JSC

6.2.2 Main Products of Southern Fertilizer JSC

6.2.3 Southern Fertilizer JSC ’s operating model

6.3 PetroVietnam Fertilizer and Chemical Corp.

6.3.1 Development History of PetroVietnam Fertilizer and Chemical Corp.

6.3.2 PetroVietnam Fertilizer and Chemical Corp.’s main products

6.3.3 PetroVietnam Fertilizer and Chemical Corp.’s operating model

6.4 Ninh Binh Phosphate Fertilizer JSC

6.4.1 The development history of Ninh Binh Phosphate Fertilizer JSC

6.4.2 Main products of Ninh Binh Phosphate Fertilizer JSC

6.4.3 Ninh Binh Phosphate Fertilizer JSC ’s operating model

6.5 Habac Nitrogenous Fertilizer & Chemicals Company Limited

6.5.1 Development History of Habac Nitrogenous Fertilizer & Chemicals Company Limited

6.5.2 Main products of Habac Nitrogenous Fertilizer & Chemicals Company Limited

6.5.3 Habac Nitrogenous Fertilizer & Chemicals Company Limited’s operating model

6.6 Lam Thao Fertilizers and Chemicals JSC

6.7 Que Lam Group

6.8 Agricultural Products and Materials JSC ( APROMACO )

6.9 Song Gianh Corporation

6.10 Thien Sinh JSC

6.11 DAP Dinh Vu Fertilizers

6.12 DUC Giang Chemicals

7 Outlook for Vietnam’s Fertilizer Industry from 2024 to 2033

7.1 Analysis of development factors of Vietnam’s fertilizer industry

7.1.1 Driving forces and development opportunities of Vietnam’s fertilizer industry

7.1.2 Threats and challenges faced by Vietnam’s fertilizer industry

7.2 Vietnam Fertilizer Industry Supply Forecast

7.3 Vietnam Fertilizer Market Demand Forecast

7.4 Vietnam Fertilizer Import and Export Forecast

LIST OF CHARTS

Chart Vietnam’s total population from 2013 to 2023

Chart Vietnam’s GDP per capita from 2013 to 2023

Chart 2014-2024 Vietnam’s minimum wage

Chart Policies related to the fertilizer industry issued by the Vietnam government from 2018 to 2024

Chart Vietnam’s policies for foreign investment in the fertilizer industry

Chart Vietnam’s total fertilizer production from 2019 to 2023

Chart 2019-2023 Vietnam’s nitrogen, phosphorus and potassium fertilizer production

Chart 2019-2023 Vietnam’s domestic consumption of chemical fertilizers

Char Vietnam’s chemical fertilizer imports from 2019 to 2023

Chart 2019-2023 Vietnam’s fertilizer import amount

Chart 2019-2023 Vietnam’s fertilizer importing countries and import amounts

Chart 2019-2023 Vietnam’s fertilizer export volume

Chart 2019-2023 Vietnam’s fertilizer export value

Chart Vietnam’s main export destinations of fertilizers from 2019 to 2023

Chart 2024-2033 Vietnam fertilizer production forecast

Chart 2024-2033 Vietnam domestic fertilizer market size forecast

Chart 2024-2033 Vietnam fertilizer import forecast

Chart 2024-2033 Vietnam fertilizer export forecast

The post Vietnam Fertilizer Industry Research Report 2024-2033 first appeared on CRI Report.

Cambodia is located in the southern part of the Central-South Asian Peninsula, bordering Vietnam in the east and southeast, Laos in the north, Thailand in the west and northwest, and the Gulf of Siam in the southwest. Cambodia has a land area of 181,000 square kilometers, most of which is covered by forests.

Cambodia has rich forest resources, its forest coverage is up to more than 60%, timber reserves of about 1.1 billion cubic meters, which is conducive to the development of the furniture industry in Cambodia.

In recent years, the global environment of the furniture industry has changed, especially the industrial transfer has become frequent, which brings development opportunities to Cambodia’s furniture industry.

According to the analysis of CRI, as the world’s largest furniture producer and furniture exporter, China’s output value is more than 1/4 of the world’s. With the rise of China’s comprehensive cost of labor, land, and energy, the cost-effectiveness of furniture manufacturing in China is not as good as it used to be, so many Chinese companies are looking for a transfer, and Southeast Asia has become the primary target for them, for example, leading Chinese furniture companies such as Gu Home Furnishings, Minhua Holding, Yongyi, Markor Home Furnishings, etc. as early as in the past few years. and other leading Chinese furniture companies started investing in factories in Vietnam as early as 2018-2019.

Customized furniture companies such as Zhi Bang Furniture and Sofia, on the other hand, have opened overseas retail stores in Southeast Asian countries such as Vietnam, Thailand, the Philippines, and Cambodia.

According to an analysis by CRI, the Cambodian furniture market is extremely small, probably even less than US$100 million per year. The main growth driver of the Cambodian furniture industry market relies on exports. Cambodia’s furniture export value in 2023 will be approximately USD 890 million, a year-on-year decrease of 6.18% from 2022. Despite the decline in the value of Cambodia’s furniture exports in 2023, the country’s furniture manufacturing industry has gained significant growth over the past five years.Over the five-year period 2019-2023, the value of furniture exports grew from US$419 million in 2019 to US$890 million in 2023, representing a CAGR of 20.7%.

CRI believes that there is some room for growth in the Cambodian furniture industry. The main advantages of the Cambodian furniture industry are sufficient sources of raw materials, relatively low labor costs, and so on.

However, the Cambodian furniture industry is also facing the pressure of rising costs. Cambodia’s minimum monthly salary in 2023 was raised to USD 200 from USD 194 in 2022, and the monthly basic salary was increased to USD 204 from January 2024 with the consent of labor unions and employers’ associations. According to CRI’s analysis, Cambodia’s minimum monthly salary is still a bit higher compared to its neighboring countries, for example, Vietnam’s minimum monthly salary is less than US$200 in 2024, while Laos’ minimum monthly salary is only US$77.

CRI predicts that Cambodia’s furniture export value is expected to continue to rise from 2024 to 2033. Cambodia’s furniture exports are expected to reach $1.484 billion in 2033, growing at a CAGR of 5.5% from 2024 to 2033.

Topics covered:

• Cambodia Furniture Industry Overview
• The economic and policy environment of Cambodia’s furniture industry
• Cambodia Furniture Industry Market Size, 2024-2033
• Analysis of the main Cambodia furniture production enterprises
• Key drivers and market opportunities for Cambodia’s furniture industry
• What are the key drivers, challenges and opportunities for Cambodia’s furniture industry during the forecast period 2024-2033?
• Which companies are the key players in the Cambodia furniture industry market and what are their competitive advantages?
• What is the expected revenue of Cambodia furniture industry market during the forecast period 2024-2033?
• What are the strategies adopted by the key players in the market to increase their market share in the industry?
• Which segment of the Cambodia furniture industry market is expected to dominate the market by What are the main negative factors facing the furniture industry in Cambodia?

Table of Contents

1 Overview of Cambodia

1.1 Geographical situation

1.2 Demographic structure of Cambodia

1.3 The economic situation in Cambodia

1.4 Minimum Wage in Cambodia 2013-2022

1.5 Impact of COVID-19 on the furniture industry in Cambodia

2 Overview of Cambodia’s furniture industry

2.1 History of Cambodia architecture development

2.2 FDI in Cambodia’s furniture sector

2.3 Policy environment of Cambodia’s furniture industry

3 Cambodia furniture industry supply and demand situation

3.1 Cambodia furniture industry supply situation

3.2 Cambodia furniture industry demand situation

4 Cambodia furniture industry import and export status

4.1.1 Cambodia’s furniture imports and import volume

4.1.2 Main import sources of Cambodia furniture

4.2 Cambodia’s furniture industry export status

4.2.1 Cambodia’s furniture export volume and export value

4.2.2 Cambodia’s main export destinations for furniture

5 Cost analysis of the furniture industry in Cambodia

5.1 Cost Analysis of Cambodian Furniture Industry

5.1.1 Labor costs

5.1.2 Cost of raw materials

5.1.3 Other costs

5.2 Price Analysis of Cambodian Furniture

6 Cambodia Furniture Industry Market Competition

6.1 Barriers to entry in Cambodia’s furniture industry

6.1.1 Brand barriers

6.1.2 Quality Barriers

6.1.3 Capital Barriers

6.2 Competitive structure of Cambodia’s furniture industry

6.2.1 Bargaining power of furniture suppliers

6.2.2 Consumer bargaining power

6.2.3 Competition in Cambodia’s furniture industry

6.2.4 Potential entrants in the furniture industry

6.2.5 Alternatives to furniture

7 Analysis of major furniture companies in Cambodia

8 Cambodia Furniture Industry Outlook 2023-2032

8.1 Analysis of development factors in Cambodia’s furniture industry

8.1.1 Drivers and Development Opportunities in Cambodia’s Furniture Industry

8.1.2 Threats and challenges to the Cambodia furniture industry

8.2 Cambodia Furniture Industry Supply Forecast

8.3 Cambodia Furniture Market Demand Forecast

8.4 Cambodia furniture industry import and export forecast

LIST OF CHARTS

Chart Total population of Cambodia 2008-2023

Chart GDP per capita in Cambodia 2013-2023

Chart Furniture Industry Related Policies Issued by the Cambodia Government 2018-2024

Chart Market size of furniture industry in Cambodia

Chart 2019-2023 Cambodia furniture industry imports

Chart 2019-2023 Cambodia furniture industry import amount

Chart 2019-2023 Cambodia furniture industry importers and import value

Chart 2019-2023 Export volume of Cambodia’s furniture industry

Chart 2019-2023 Export value of Cambodia’s furniture industry

Chart Exporting countries and export value of Cambodia’s furniture industry in 2019-2023

Chart 2024-2033 Cambodia furniture industry production forecast

Chart 2024-2033 Cambodia Furniture Market Size Forecast

Chart 2024-2033 Cambodia furniture industry import forecast

Chart 2024-2033 Export forecast for Cambodia’s furniture industry

The post Cambodia Furniture Industry Research Report 2024-2033 first appeared on CRI Report.

Indonesia is the largest economy in Southeast Asia with a population of about 280 million at the end of 2023. According to CRI, Indonesia is also the largest producer and consumer of cement in Southeast Asia.

Indonesia has emerged as the sixth-largest cement producer globally, with an estimated production of 66 million metric tons in 2023. Despite the challenges posed by the pandemic, its impact on the country’s cement industry has been relatively moderate. Infrastructure and residential-commercial projects have played a crucial role in sustaining domestic demand during this period.

However, cement consumption remains low in Indonesia, with per capita annual production at no more than 300 kilograms, significantly lower than that of its peers like Malaysia (over 600 kilograms per capita) or Vietnam. According to CRI, this suggests that infrastructure development is still lacking in Southeast Asia’s largest economy. The insufficient quality and quantity of infrastructure hinder connectivity, raise logistics costs, reduce business competitiveness, and contribute to social issues, such as limited access to healthcare in rural regions.

The ongoing development of Indonesia’s new capital city, IKN, particularly in Sumatra and Eastern Indonesia, has stimulated demand for cement. Leading companies like Semen Indonesia have shifted their focus to the domestic market, capitalizing on improved coal supplies availability in the first half of 2022.

Looking ahead, the cement sector expects significant growth driven by demand from developers undertaking numerous new construction projects, including the construction of a new capital in Borneo Island’s jungles. Moreover, Indonesia’s ambitious plans for sustained economic growth, with numerous seaports and harbor projects in the pipeline, alongside increasing urbanization, indicate Indonesia will remain a construction hub for years.

However, concerns loom over the industry, including rising production costs, particularly energy-related issues, and worries about the environmental impact of cement production, with instances of local unrest around provincial plants. Furthermore, Indonesia is still grappling with overcapacity in the cement sector, with a utilization level of 54% in 2022 and no expected increase beyond 57% by 2025.

In conclusion, Indonesia’s cement industry is expected to have a moderate expansion despite encountering challenges such as fluctuating energy prices, environmental concerns and overcapacity. CRI projects that the production volume of Indonesia cement industry will rise from 67.32 million metric tons in 2024 to approximately 86.31 million metric tons by 2033, exhibiting a compound annual growth rate (CAGR) of 2.8%.

Topics covered:

• Indonesia Cement Industry Overview
• Economic environment and policy environment of cements in Indonesia
• Indonesian cement market size from 2019 to 2023
• Analysis of major Indonesian cement manufacturers
• Key Drivers and Market Opportunities of Indonesia’s Cement Industry
• What are the key drivers, challenges and opportunities for the Indonesian cement industry during the forecast period 2024-2033?
• What is the expected revenue of the Indonesia Cement market during the forecast period 2024-2033?
• What strategies are adopted by the key players in the market to increase their market share in the industry?
• Which segment of the Indonesian Cement Market is expected to dominate the market in 2033?
• Indonesia Cement Market Forecast from 2024 to 2033
• What are the main headwinds facing Indonesia’s cement industry?

Table of Contents

1 Overview of Indonesia

1.1 Geographical conditions

1.2 Indonesia’s demographic structure

1.3 Indonesia’s economy

1.4 Indonesian minimum wage from 2014 to 2024

1.5 Impact of COVID -19 on Indonesia’s Cement Industry

2. Development Environment of Indonesia Cement Industry

2.1 Economic Environment

2.1.1 Indonesia’s GDP

2.1.2 Minimum Wage in Indonesia, 2014-2023

2.2 FDI in Indonesia Cement Industry

2.3 Policy Environment of Indonesia Cement Industry

2.3.1 Preferential Policies on Foreign Investment of Cement Industry in Indonesia

2.3.2 Policies Related to Imports and Exports of Cement Industry in Indonesia

3. Analysis on Market Status of Indonesia Cement Industry

3.1 Supply of Indonesia Cement Industry

3.1.1 Production Volume of Indonesia Cement Industry

3.1.2 Production volume of Indonesia Cement products by types

3.2 Demand of Indonesia Cement Industry

3.2.1 Domestic Sales Volume of Cement

3.2.2 Market size of Cement

3.2.3 Demand structure and key clients of cement industry in Indonesia

4. Analysis on Import and Export of Cement in Indonesia

4.1 Indonesia Cement Industry Import Situation

4.1.1 Import Volume and Import Value of Indonesia Cement Industry

4.1.2 Main Import Sources of Indonesia Cement

4.2 Indonesia Cement Industry Export Situation

4.2.1 Export Volume and Export Value of Indonesia Cement Industry

4.2.2 Main Export Destinations of Indonesia Cement

5. Cost and Price Analysis of the Indonesia Cement Industry

5.1 Cost

5.1.1 Raw Material Cost

5.1.2 Energy Cost

5.1.3 Human Resources Cost

5.2 Price trend of cement in Indonesia 2020-2024

6. Market Competition Analysis of Indonesia’s Cement Industry

6.1 Barriers to entry in Indonesia’s cement industry

6.1.1 Brand barriers

6.1.2 Quality barriers

6.1.3 Capital barriers

6.2 Competitive Structure of Indonesia’s Cement Industry

6.2.1 Bargaining power of cement suppliers

6.2.2 Consumer bargaining power

6.2.3 Competition in Indonesia’s Cement Industry

6.2.4 Potential Entrants to the Cement Industry

6.2.5 Alternatives to chemical cements

7. Top 5 Cement Manufacturers in Indonesia

7.1 Semen Indonesia

7.1.1 Corporate Profile of Semen Indonesia

7.1.2 Operations of Semen Indonesia in Indonesia

7.2 Indocement Tunggal Prakarsa

7.2.1 Corporate Profile of Indocement Tunggal Prakarsa

7.2.2 Operations of Indocement Tunggal Prakarsa in Indonesia

7.3 Holcim Indonesia

7.3.1 Corporate Profile of Holcim Indonesia

7.3.2 Operations of Holcim Indonesia in Indonesia

7.4 Holcim-Apasco

7.4.1 Corporate Profile of Holcim-Apasco

7.4.2 Operations of Holcim-Apasco in Indonesia

7.5 Anhui Conch

7.5.1 Corporate Profile of Anhui Conch

7.5.2 Operations of Anhui Conch in Indonesia

8. Indonesia Cement Industry Outlook, 2024-2033

8.1 Analysis of Factors Influencing the Development of the Indonesia Cement Industry

8.1.1 Drivers and Development Opportunities

8.1.2 Threats and Challenges

8.2 Supply Forecast of Indonesia Cement Industry, 2024-2033

8.3 Demand Forecast of Indonesia Cement Industry, 2024-2033

8.4 Import and Export Forecast of Indonesia Cement Industry, 2024-2033

LIST OF CHARTS

Chart Indonesia’s total population from 2013 to 2023

Chart Indonesia’s GDP per capita from 2013 to 2023

Char Policies related to the fertilizer industry issued by the Indonesian government from 2018 to 2024

Chart Foreign investment policy in Indonesia’s fertilizer industry

Chart 2014-2024 Indonesian minimum wage

Chart 2019-2023 Indonesia’s total fertilizer production

Chart 2019-2023 Indonesia’s nitrogen, phosphorus and potassium fertilizer production

Chart 2019-2023 Indonesia’s domestic consumption of chemical fertilizers

Chart 2019-2023 Indonesian fertilizer imports

Chart 2019-2023 Indonesian fertilizer import amount

Chart 2019-2023 Indonesia’s fertilizer importing countries and import amounts

Chart 2019-2023 Indonesian fertilizer export volume

Chart 2019-2023 Indonesian fertilizer export value

Chart 2019-2023 Indonesia’s main export destinations of fertilizers

Chart 2024-2033 Indonesia’s fertilizer production forecast

Chart 2024-2033 Indonesian domestic fertilizer market size forecast

Chart 2024-2033 Indonesia’s fertilizer import forecast

Chart 2024-2033 Indonesia’s fertilizer export forecast

The post Indonesia Cement Industry Research Report 2024-2033 first appeared on CRI Report.

Malaysia’s GDP per capita is over US$ 10,000, ranking third in Southeast Asia. Malaysia’s manufacturing and construction industries are leading in Southeast Asia. The cement industry is also one of the important industries in Malaysia.

The demand for cement in Malaysia remains strong, largely driven by ongoing major infrastructure projects. These projects are key pillars supporting the medium-to-long-term growth of the cement industry, indicating a potential increase in construction activities across Peninsular Malaysia.

Several factors contribute to the buoyancy of Malaysia’s cement industry. Low inventory levels, along with a focus on emerging sectors like solar panels and electric vehicles, coupled with the anticipated recovery in China’s manufacturing and property sectors, are expected to fuel future demand growth.

Recent trends indicate a robust performance in the cement market, with bulk cement prices experiencing a notable 24.7% year-on-year increase in August 2023. This surge contrasts with the three-year average price reported between 2019 and 2021, signaling the industry’s strength and resilience.

Despite the promising outlook, the cement industry faces various challenges. Rising operational costs, driven by factors such as escalating raw material prices, soaring coal costs, and increased shipping expenses, pose significant challenges to businesses operating in the sector. Additionally, the appreciation of the US dollar against the ringgit further tightens profit margins.

The surge in coal prices is identified as a major contributor to the rise in cement prices, with forecasts indicating a continuation of this trend due to strong demand in ASEAN nations. The withdrawal of electricity subsidies for industrial customers exacerbates the situation, further increasing the cost of production.

Supply chain disruptions and regional disparities also complicate matters for the cement industry. Businesses importing cement or raw materials face challenges in maintaining sustainable profit margins, particularly in regions like Sarawak, where a shortage of cement, combined with escalating shipping costs and currency strength, leads to significantly higher prices compared to other parts of Malaysia.

Moreover, balancing supply and demand poses a significant challenge, particularly in regions experiencing rapid infrastructure development. Sarawak, for example, faces a surge in cement demand due to major infrastructure projects, necessitating local producers to ensure an adequate supply to meet escalating requirements.

In conclusion, while Malaysia’s cement industry benefits from strong demand driven by infrastructure projects and emerging sectors, various challenges such as rising operational costs, supply chain disruptions, and regional disparities must be addressed to sustain growth and stability in the market. According to CRI, Malaysia cement production is projected to increase from 24.05 million metric tonnes in 2024 to 33.35 million metric tonnes by 2033, exhibiting a compound annual growth rate (CAGR) of 3.7%.

Topics covered:

• Malaysia Cement Industry Overview
• Economic environment and policy environment of cements in Malaysia
• Malaysian cement market size from 2019 to 2023
• Analysis of major Malaysian cement manufacturers
• Key Drivers and Market Opportunities of Malaysia’s Cement Industry
• What are the key drivers, challenges and opportunities for the Malaysian cement industry during the forecast period 2024-2033?
• What is the expected revenue of the Malaysia Cement market during the forecast period 2024-2033?
• What strategies are adopted by the key players in the market to increase their market share in the industry?
• Which segment of the Malaysian Cement Market is expected to dominate the market in 2033?
• Malaysia Cement Market Forecast from 2024 to 2033
• What are the main headwinds facing Malaysia’s cement industry?

Table of Contents

1 Overview of Malaysia

1.1 Geographical conditions

1.2 Malaysia’s demographic structure

1.3 Malaysia’s economy

1.4 Malaysian minimum wage from 2014 to 2024

1.5 Impact of COVID -19 on Malaysia’s Cement Industry

2. Development Environment of Malaysia Cement Industry

2.1 Economic Environment

2.1.1 Malaysia’s GDP

2.1.2 Minimum Wage in Malaysia, 2014-2023

2.2 FDI in Malaysia Cement Industry

2.3 Policy Environment of Malaysia Cement Industry

2.3.1 Preferential Policies on Foreign Investment of Cement Industry in Malaysia

2.3.2 Policies Related to Imports and Exports of Cement Industry in Malaysia

3. Analysis on Market Status of Malaysia Cement Industry

3.1 Supply of Malaysia Cement Industry

3.1.1 Production Volume of Malaysia Cement Industry

3.1.2 Production volume of Malaysia Cement products by types

3.2 Demand of Malaysia Cement Industry

3.2.1 Domestic Sales Volume of Cement

3.2.2 Market size of Cement

3.2.3 Demand structure and key clients of cement industry in Malaysia

4. Analysis on Import and Export of Cement in Malaysia

4.1 Malaysia Cement Industry Import Situation

4.1.1 Import Volume and Import Value of Malaysia Cement Industry

4.1.2 Main Import Sources of Malaysia Cement

4.2 Malaysia Cement Industry Export Situation

4.2.1 Export Volume and Export Value of Malaysia Cement Industry

4.2.2 Main Export Destinations of Malaysia Cement

5. Cost and Price Analysis of the Malaysia Cement Industry

5.1 Cost

5.1.1 Raw Material Cost

5.1.2 Energy Cost

5.1.3 Human Resources Cost

5.2 Price trend of cement in Malaysia 2020-2024

6. Market Competition Analysis of Malaysia’s Cement Industry

6.1 Barriers to entry in Malaysia’s cement industry

6.1.1 Brand barriers

6.1.2 Quality barriers

6.1.3 Capital barriers

6.2 Competitive Structure of Malaysia’s Cement Industry

6.2.1 Bargaining power of cement suppliers

6.2.2 Consumer bargaining power

6.2.3 Competition in Malaysia’s Cement Industry

6.2.4 Potential Entrants to the Cement Industry

6.2.5 Alternatives to chemical cements

7. Top 5 Cement Manufacturers in Malaysia

7.1 YTL Cement Berhad

7.1.1 Corporate Profile of YTL Cement Berhad

7.1.2 Operations of YTL Cement Berhad in Malaysia

7.2 Lafarge Rawang Plant

7.2.1 Corporate Profile of Lafarge Rawang Plant

7.2.2 Operations of Lafarge Rawang Plant in Malaysia

7.3 Hume Cement Sdn. Bhd.

7.3.1 Corporate Profile of Hume Cement Sdn. Bhd.

7.3.2 Operations of Hume Cement Sdn. Bhd. in Malaysia

7.4 Tasek Corporation Berhad (TCB)

7.4.1 Corporate Profile of Tasek Corporation Berhad (TCB)

7.4.2 Operations of Tasek Corporation Berhad (TCB) in Malaysia

7.5 Cement Industries of Malaysia Berhad (CIMA)

7.5.1 Corporate Profile of Cement Industries of Malaysia Berhad (CIMA)

7.5.2 Operations of Cement Industries of Malaysia Berhad (CIMA) in Malaysia

8. Malaysia Cement Industry Outlook, 2024-2033

8.1 Analysis of Factors Influencing the Development of the Malaysia Cement Industry

8.1.1 Drivers and Development Opportunities

8.1.2 Threats and Challenges

8.2 Supply Forecast of Malaysia Cement Industry, 2024-2033

8.3 Demand Forecast of Malaysia Cement Industry, 2024-2033

8.4 Import and Export Forecast of Malaysia Cement Industry, 2024-2033

LIST OF CHARTS

Chart Malaysia’s total population from 2013 to 2023

Chart Malaysia’s GDP per capita from 2013 to 2023

Char Policies related to the fertilizer industry issued by the Malaysian government from 2018 to 2024

Chart Foreign investment policy in Malaysia’s fertilizer industry

Chart 2014-2024 Malaysian minimum wage

Chart 2019-2023 Malaysia’s total fertilizer production

Chart 2019-2023 Malaysia’s nitrogen, phosphorus and potassium fertilizer production

Chart 2019-2023 Malaysia’s domestic consumption of chemical fertilizers

Chart 2019-2023 Malaysian fertilizer imports

Chart 2019-2023 Malaysian fertilizer import amount

Chart 2019-2023 Malaysia’s fertilizer importing countries and import amounts

Chart 2019-2023 Malaysian fertilizer export volume

Chart 2019-2023 Malaysian fertilizer export value

Chart 2019-2023 Malaysia’s main export destinations of fertilizers

Chart 2024-2033 Malaysia’s fertilizer production forecast

Chart 2024-2033 Malaysian domestic fertilizer market size forecast

Chart 2024-2033 Malaysia’s fertilizer import forecast

Chart 2024-2033 Malaysia’s fertilizer export forecast

The post Malaysia Cement Industry Research Report 2024-2033 first appeared on CRI Report.

Malaysia’s per capita GDP is over 10,000 dollars, which is the third highest in ASEAN. The industry is mainly concentrated in the fields of electronics, petroleum, chemicals, textiles, wood processing and food processing. Malaysia’s furniture industry is one of the sub-sectors of wood processing.

Malaysia expects foreigners to use Malaysia as a production base to expand into the ASEAN market, and products manufactured in Malaysia can enjoy various tax incentives under the ASEAN Free Trade Agreement (AFTA). Malaysia offers a number of incentives to foreign investors, depending on the size and scope of the company’s investment, as well as the sector or industry in which it is investing. Furniture manufacturing is also one of the industries that the Malaysian government encourages foreign investment in.

The success of Malaysia’s furniture industry is closely linked to the resurgence of rubberwood. The transformation of rubberwood into a major source of timber breathed new life into the industry. From then on, Malaysia became a leading producer and exporter of wooden furniture to over 160 countries worldwide. Currently, the Malaysian furniture industry has secured its place among the top 10 furniture exporters in the world, with approximately 80% of its production destined for international markets.

According to CRI, the market size of Malaysia furniture industry is expected to reach USD 1.9 billion by 2024. Approximately 80-85% of Malaysia’s furniture is exported, with the major exporting countries being the United States, Japan and Australia. Wooden furniture accounts for the lion’s share of exported furniture. Since 2022, the US household market has started to cool down after the Federal Reserve started to raise interest rates, which has directly led to a decline in Malaysia’s furniture exports.

According to CRI’s analysis, the market size of Malaysia furniture industry will reach US$ 3.9 billion in 2033 with a CAGR of 5.9% from 2024 to 2033.

In the future, Malaysia furniture market will continue to expand. It will be driven by several major growth drivers. First, a growing urban population and rising disposable incomes are driving consumer demand for home furnishings and modern furniture designs. In addition, the growing influence of e-commerce and digital marketing channels is expanding the market’s reach and accessibility to a wider customer base. As sustainability and eco-friendly practices gain prominence, the market is benefiting from a shift towards eco-friendly materials and production methods. According to CRI, the adaptability of the Malaysian furniture market, coupled with these growth drivers, positions it for continued expansion and competitiveness in the global furniture industry.

Topics covered:

• Malaysia Furniture Industry Overview
• The economic and policy environment of Malaysia’s furniture industry
• Malaysia Furniture Industry Market Size, 2024-2033
• Analysis of the main Malaysia furniture production enterprises
• Key drivers and market opportunities for Malaysia’s furniture industry
• What are the key drivers, challenges and opportunities for Malaysia’s furniture industry during the forecast period 2024-2033?
• Which companies are the key players in the Malaysia furniture industry market and what are their competitive advantages?
• What is the expected revenue of Malaysia furniture industry market during the forecast period 2024-2033?
• What are the strategies adopted by the key players in the market to increase their market share in the industry?
• Which segment of the Malaysia furniture industry market is expected to dominate the market by 2032?
• What are the main negative factors facing the furniture industry in Malaysia?

Table of Contents

1 Overview of Malaysia

1.1 Geographical situation

1.2 Demographic structure of Malaysia

1.3 The economic situation in Malaysia

1.4 Minimum Wage in Malaysia 2013-2022

1.5 Impact of COVID-19 on the furniture industry in Malaysia

2 Overview of Malaysia’s furniture industry

2.1 History of Malaysia architecture development

2.2 FDI in Malaysia’s furniture sector

2.3 Policy environment of Malaysia’s furniture industry

3 Malaysia furniture industry supply and demand situation

3.1 Malaysia furniture industry supply situation

3.2 Malaysia furniture industry demand situation

4 Malaysia furniture industry import and export status

4.1.1 Malaysia’s furniture imports and import volume

4.1.2 Main import sources of Malaysia furniture

4.2 Malaysia’s furniture industry export status

4.2.1 Malaysia’s furniture export volume and export value

4.2.2 Malaysia’s main export destinations for furniture

5 Cost analysis of the furniture industry in Malaysia

5.1 Cost Analysis of Malaysian Furniture Industry

5.1.1 Labor costs

5.1.2 Cost of raw materials

5.1.3 Other costs

5.2 Price Analysis of Malaysian Furniture

6 Malaysia Furniture Industry Market Competition

6.1 Barriers to entry in Malaysia’s furniture industry

6.1.1 Brand barriers

6.1.2 Quality Barriers

6.1.3 Capital Barriers

6.2 Competitive structure of Malaysia’s furniture industry

6.2.1 Bargaining power of furniture suppliers

6.2.2 Consumer bargaining power

6.2.3 Competition in Malaysia’s furniture industry

6.2.4 Potential entrants in the furniture industry

6.2.5 Alternatives to furniture

7 Analysis of major furniture companies in Malaysia

7.1 Latitude Tree Holdings Berhad

7.1.1 Latitude Tree Holdings Berhad Corporate Profile

7.1.2 Latitude Tree Holdings Berhad Enterprise Revenue Status

7.2 Lii Hen Industries Bhd

7.2.1 Lii Hen Industries Bhd Corporate Profile

7.2.2 Lii Hen Industries Bhd Revenue Status

7.3 Poh Huat Furniture Industries

7.3.1 Poh Huat Furniture Industries Corporate Profile

7.3.2 Poh Huat Furniture Industries Revenue Status

7.4 Sern Kou Resources Berhad

7.4.1 Sern Kou Resources Berhad Corporate Profile

7.4.2 Sern Kou Resources Berhad Corporate Revenues

7.5 Tawei Furniture Sdn Bhd

7.5.1 Tawei Furniture Sdn Bhd Corporate Profile

7.5.2 Tawei Furniture Sdn Bhd Enterprise Revenue Status

7.6 Home Styler Furniture Sdn Bhd

7.6.1 Home Styler Furniture Sdn Bhd Corporate Profile

7.6.2 Home Styler Furniture Sdn Bhd Corporate Revenue Status

7.7 LY Furniture Sdn Bhd

7.7.1 LY Furniture Sdn Bhd Corporate Profile

7.7.2 LY Furniture Sdn Bhd Corporate Revenue Status

7.8 Federal International Holdings Berhad

7.8.1 Corporate Profile of Federal International Holdings Berhad

7.8.2 Federal International Holdings Berhad Revenue Status

7.9 Kamdar Sdn. Bhd.

7.9.1 Kamdar Sdn. Bhd. Company Profile

7.9.2 Kamdar Sdn. Bhd. Corporate Revenue Status

7.10 Sliderdrobe Sdn Bhd

7.10.1 Sliderdrobe Sdn Bhd Corporate Profile

7.10.2 Sliderdrobe Sdn Bhd Corporate Revenue Status

8 Malaysia Furniture Industry Outlook 2023-2032

8.1 Analysis of development factors in Malaysia’s furniture industry

8.1.1 Drivers and Development Opportunities in Malaysia’s Furniture Industry

8.1.2 Threats and challenges to the Malaysia furniture industry

8.2 Malaysia Furniture Industry Supply Forecast

8.3 Malaysia Furniture Market Demand Forecast

8.4 Malaysia furniture industry import and export forecast

LIST OF CHARTS

Chart Total population of Malaysia 2008-2023

Chart GDP per capita in Malaysia 2013-2023

Chart Furniture Industry Related Policies Issued by the Malaysia Government 2018-2024

Chart Market size of furniture industry in Malaysia

Chart 2019-2023 Malaysia furniture industry imports

Chart 2019-2023 Malaysia furniture industry import amount

Chart 2019-2023 Malaysia furniture industry importers and import value

Chart 2019-2023 Export volume of Malaysia’s furniture industry

Chart 2019-2023 Export value of Malaysia’s furniture industry

Chart Exporting countries and export value of Malaysia’s furniture industry in 2019-2023

Chart 2024-2033 Malaysia furniture industry production forecast

Chart 2024-2033 Malaysia Furniture Market Size Forecast

Chart 2024-2033 Malaysia furniture industry import forecast

Chart 2024-2033 Export forecast for Malaysia’s furniture industry

The post Malaysia Furniture Industry Research Report 2024-2033 first appeared on CRI Report.