Egypt Liquid Fertilizer Market By Type (Nitrogen, Phosphorus, Potash, Micronutrients), By Crop Type (Cereals & Grain, Pulses & Oilseeds, Fruits & Vegetables, Commercial Crops, Others), By Mode of Application (Soil, Foliar, Fertigation, Others), By Ingredient Type (Organic, Synthetic), By Region, Competition, Forecast and Opportunities, 2028 2028
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Agriculture | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEgypt Liquid Fertilizer Market By Type (Nitrogen, Phosphorus, Potash, Micronutrients), By Crop Type (Cereals & Grain, Pulses & Oilseeds, Fruits & Vegetables, Commercial Crops, Others), By Mode of Application (Soil, Foliar, Fertigation, Others), By Ingredient Type (Organic, Synthetic), By Region, Competition, Forecast and Opportunities, 2028 2028
In 2020, around 116 thousand hectares of agricultural land area in Egypt was used for organic agriculture.
Egypt liquid fertilizer market is expected to expand during the projected period due to increasing demand for organic farming & products as it helps to sustain the health of soils, ecosystems, and people. In addition to this, increasing demand for
For instance, in September 2021, Yara acquires Finnish Ecolan Oy to expand its organic fertilizer business.
Such acquisitions have allowed companies to better serve their customers and meet the growing demand for liquid fertilizer in Egypt in the forecasted period.
Rising Demand for Improved Crop Yield
Egypt has a rapidly growing population, which led to an increased demand for food production. To meet this demand, farmers are under pressure to increase crop yields to meet the growing demand for food. Liquid fertilizers are a key tool that farmers use to achieve this goal. Liquid fertilizers are a special type of plant nutrient that is dissolved in water and applied directly to the soil or foliage of plants. They are designed to provide essential nutrients to crops in a form that is easily absorbed by the roots or leaves, resulting in faster growth, better yields, and higher-quality produce. Liquid fertilizers are becoming increasingly popular among Egyptian farmers due to their ease of use, effectiveness, and ability to be applied in a precise manner.
For instance, Yara produces Vita fertilizer which provides a complete line of nutrient solutions to increase efficiency and enhance crop performance are used in the form of foliar sprays and plant biostimulants, as well as fertilizer and seed coatings.
There is an increased demand for cereals and grain crops type which include wheat, maize, and rice. Along with it, the demand for cereals and grains in Egypt is driven by the country's growing food processing industry. Processed food products such as bread, pasta, and breakfast cereals are popular among Egyptian consumers, and these products often contain large quantities of wheat and other grains. Thus, the farmers in Egypt focus on increasing the yield of these crops by using liquid fertilizer as it easily dissolves and absorbs in the roots and stems of the crops. In addition, these grains are primarily used for animal feed, as Egypt is a significant producer of poultry, beef, and dairy products.
For instance, Abu Qir Fertilizers and Chemical Industries Company are one of the prominent producers of Liquid Fertilizer.
The Egyptian government has taken steps to promote sustainable agriculture practices. These initiatives include subsidies for the use of liquid fertilizers and other sustainable fertilizers, as well as programs to support small-scale farmers. The government is investing in the development of drip irrigation systems, which allow for precise application of liquid fertilizers.
Moreover, the adoption of precision agriculture techniques such as satellite mapping and drone technology, are being used to optimize fertilizer applications and reduce waste. These technologies can help farmers to achieve higher yields and reduce their environmental impact.
Therefore, the improved crop yield using liquid fertilizer led to the growth of Egypt Liquid Fertilizer Market in the projected year.
Growing Trend of Organic Farming
Organic farming has increased in Egypt, as consumers become more health-conscious and demand for organic products rises. Organic farming requires the use of natural fertilizers, such as organic liquid fertilizers, which are made from natural sources such as plant and animal waste. The use of organic liquid fertilizers can improve soil health and reduce the environmental impact of conventional fertilizers. The soils have been depleted due to years of intensive farming practices, leading to reduced fertility and increased susceptibility to pests and diseases. Organic farming practices, including the use of organic liquid fertilizers, help to restore soil health by providing essential nutrients, improving soil structure, and promoting the growth of beneficial microorganisms.
For instance, Agro Egypt International Fertilizer Co. produces Agro Rooter an organic fertilizer with a high content of fast-absorbing humic acids which help to increase the absorption of many nutrients and microelements and improve root development and physical soil properties.
Additionally, conventional farming practices, including the use of synthetic fertilizers and pesticides, can have negative impacts on the environment, including soil degradation, water pollution, and biodiversity loss. To overcome this, organic farming practices are designed to promote environmental conservation by reducing the use of harmful chemicals and promoting biodiversity. With the rise in the organic farming approach the consumption of organic liquid fertilizer increases which helps to promote plant growth without harming the environment.
All these factors dominate the growth of the Liquid Fertilizer market in the upcoming years.
Download Free Sample Report Increasing Demand for Nitrogen Based Liquid Fertilizer
Nitrogen is a nutrient that is highly used in all modern farming systems. It has the ability to produce amino acids, which are then converted into proteins, and it is involved in nearly every metabolic reaction in a plant. Farmers are constantly faced with the issue of insufficient nitrogen availability in the soil. As a result, additional liquid nitrogen fertilizer is required to address the problem. Therefore, the rising demand for nitrogen-based liquid fertilizers dominates the growth of Egypt liquid fertilizer market in the projected period.
However, many farmers still rely on traditional granular fertilizers and are not aware of the advantages of liquid fertilizers, such as improved nutrient uptake and faster plant growth. This lack of awareness & education regarding the benefits of liquid fertilizer decreases the consumption of liquid fertilizer which hampers the market of liquid fertilizer. Along with it, the cost of liquid fertilizers is higher than traditional fertilizers as it includes the high cost of production, transport, and storage of liquid fertilizers due to their perishable nature and the need for specialized equipment. The higher cost of liquid fertilizers deters some farmers from adopting them, particularly small-scale farmers. In addition, the increase in the price of nitrogenous fertilizers results in reduced productivity of land and the quality of production. It will consequently affect the gross domestic product of the state by increasing the burden of the poor farmers and reducing their profits. As it is likely to incur great losses, the absence of proper authority that may represent and defend their rights is expected to
Recent Development
- In 2023, President Abdel
Fattah El-Sisi inaugurated the Nitrogenous Fertilizer Complex in Ain Sokhna
town of Suez governorate in northeastern Egypt to cover local needs and export
surplus to dozens of countries.
- In 2022, Abu Qir Fertilizers
Company adopts SAP global solutions as a major partner for digital
transformation.
- In 2022, Yara calls for action
to secure continued supply of nitrogen essentials such as AdBlue which is an
integrated part of the production of nitrogen for fertilizers.
- In 2021, Thyssenkrupp
Fertilizer Technology, a subsidiary of Thyssenkrupp Uhde has signed a contract
with Abu Qir Fertilizers Co., for the revamp of their Abu Qir 3 urea production
plant in Alexandria, Egypt.
Market Segmentation
Egypt Liquid Fertilizer Market
Company Profiles
Yara Agri Trade Egypt, Abu Qir Fertilizers and Chemical Industries Company, Agrofarm Natural Product, El-Nasr Company for Fertilizers and Chemical Industries, Ferchem Masr for Fertilizers and Chemicals, Tiba Egypt, ULTRACHEM Company, Agro Egypt International Fertilizer Co., Kima Aswan, Helwan Fertilizers Company S.A.E.
|
Attribute |
Details |
|
Base Year |
2022 |
|
Historic Data |
2018 – 2021 |
|
Estimated Year |
2023 |
|
Forecast Period |
2024 – 2028 |
|
Quantitative Units |
Revenue in USD Million, Volume in Metric Tonnes, and
CAGR for 2018-2022 and 2023-2028 |
|
Report coverage |
Revenue forecast,
volume forecast, Company shares, competitive landscape, growth factors, and trends |
|
Segments covered |
Type Crop Type Mode of Application Ingredient Type |
|
Region scope |
Alexandria,
Suez, Giza, Port Said, Cairo, Qalyubia |
|
Key companies profiled |
Yara Agri
Trade Egypt, Abu Qir Fertilizers and Chemical Industries Company, Agrofarm
Natural Product, El-Nasr Company for Fertilizers and Chemical Industries,
Ferchem Masr for Fertilizers and Chemicals, Tiba
Egypt, ULTRACHEM Company, Agro Egypt International Fertilizer Co., Kima
Aswan, Helwan Fertilizers Company S.A.E. |
|
Customization scope |
10% free report customization with purchase.
Addition or alteration to country, regional & segment scope. |
|
Pricing and purchase
options |
Avail customized
purchase options to meet your exact research needs. Explore purchase options |
|
Delivery Format |
PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request) |
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