Many of us are in a rare dilemma, what is going on in the fertilizer market.
Fertilizers are the type of raw materials which provide nutrients to the plants for their efficient growth and productivity.
Moreover, many fertilizers are available in compound form as well as in complex form.
The Indian market is a pool of several brands which provide the same chemical fertilizers with numerous brand names.
It is very important to know which brand is good and provides pure quality in their products that said fertilizers are available in numerous forms.
Urea, MOP, Rock phosphate, sulfur, Di Ammonium Phosphate (DAP), NPK, NPS, MOP, SSP, and TSP are the top fertilizers that are most useful in agriculture.
GROWTH AND DISTRIBUTION OF FERTILIZERS
Fertilizers have today become indispensable component of agriculture worldwide.
It has proved its worth in Indian agriculture and since its debut on Indian farms, the fertilizers have garnered an irrefutable space in Indian agriculture.
India ranks third place in the world’s overall fertilizer production, second in nitrogen fertilizers and third in phosphate fertilizers.
Moreover, about 25% of GDP market capitalization is from fertilizers.
The production status of different fertilizers is in the following trends: At present, 57 fertilizer units are manufacturing a wide number of nitrogen fertilizers.
These include 29 urea producing units and 9 ammonia sulfate-producing units as a by-product.
Besides, there are 64 small-scale producing units of single super phosphate. Considering the state-wise trends in production, the top three states which have the high installation of production units are Gujarat, Tamil Nadu, and Uttar Pradesh.
Gujarat is the largest producer of fertilizer accounting for 14% country’s total installed capacity then followed by Tamil Nadu with 11%, and Uttar Pradesh with 9%.
Especially, Tamil Nadu accounts for about 65% of nitrogen production capacity in India.
- India ranks third place in the world’s overall fertilizer production,
- India ranks Second place in nitrogen fertilizers
- India ranks third place in phosphate fertilizers.
- 25% GDP market capitalization from fertilizers
- Gujarat -largest producer of fertilizer (14%)
- Tamil Nadu - 2nd largest producer of fertilizer (11%)
The actual production of all major Fertilizers during the year 2019-20 was 425.92 Lakh Metric Tonnes (LMT).
The estimated Production of all the Fertilizers during the year 2020-21 is expected to be 478.99 LMT.
At present, there are 32 large size urea plants in the country manufacturing urea, 19 units producing DAP & complex fertilizers and 2 units manufacturing Ammonium Sulphate as a by- product.
QUALITY AND EFFICIENCY
Many companies are competing for the best quality and production. In recent years, IFFCO produced the highest fertilizer quality and then NFL and CHAMBAL fertilizers follow.
The first ranked company in nitrogen fertilizers is IFFCO, Coromandal International limited in phosphorous fertilizer and IPL (Indian potash limited) in Potassium imports. (2020-2021).
Most of the IFFCO units are present in Kalol (Gujarat) and some in Uttar Pradesh. Coromandal produces in Visakhapatnam ( Andhra Pradesh) and IPL imports potassium from Russia and Africa majorly. Considering the quality
Urea
Urea is one of the most important fertilizers that is used in all soils throughout the country.
It aids in rapid root and seed development, ensures high-quality yield, and aids in the timely growth of the plant. This is the reason, most farmers tend to use urea in a large amount throughout their farming years.
At the same time, it is crucial to acknowledge farmers with good companies that assure good quality and relevance to their nature.
The top three companies which provide good quality urea are IFFCO, NFL, and CFCL.
These three promise the customers high quality and 100% testing assurance
DAP (Di-Ammonium Phosphate)
It is one of the most common phosphorous substituents which is used by farmers. DAP is best for most crops. Handle and care of this fertilizer is very delicate and needs much diligence during manufacturing. This is because DAP has a relatively high standard nutrient grade which is 18- 46-0. Subsequently, chemicals labeled with lower nutrient content cannot be labeled as DAP. Therefore, companies that provide DAP need to consider these in mind. Initially, HINDUSTAN DORR-OLIVER LTD would manufacture phosphate fertilizers but now IFFCO at Kandla produces it in place of the former company. Precisely, Coromandal International ltd. produces high quantities of DAP in India becoming the largest manufacturer in India.
MOP
MOP (Murate Of Potash) is one of the popular potassium nutrients which is rapidly used in the deficiency of potassium. It is efficient in supplying potassium to the soil.
Thus, farmers use it often to substitute potassium for the plants.
Unfortunately, MOP is not manufactured in India due to no potash deposits are found in India.
Its maximum imports are from Russia and Africa.
The highest importers of MOP were IPL, CFCL, and MOSAIC.
These three are the top importers which ranked with 2.12 Mn tons, 0.29 Mn tons, and 0.21 Mn tons.
Mosaic
Mosaic is the third most popular importer of Murate of Potash in India.
It has so many products in which MOP is on sale in India.
Its products include white standard 0-0-62, red granular 0-0-60, red standard 0-0-60, crystal granular 0-0-60, crystal turf, etc.
Thus, mosaic is the one company that sells potassium products in the market.
Mosaic is the third most popular importer of Murate of Potash in India.
It has so many products in which MOP is on sale in India.
Its products include white standard 0-0-62, red granular 0-0- 60, red standard 0-0-60, crystal granular 0-0-60, crystal turf, etc.
Thus, mosaic is the one company that sells potassium products in the market.
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