Industry & Marketing Prospect of INORGANIC FERTILIZER in Indonesia, Another factor encourage the increased demand for inorganic fertilizer in Indonesia is Food Security Program by the government of President Joko Widodo-Jusuf Kalla since 2015 ago.
Food security program launched by the government will encourage the growth of the agricultural sector; crops, horticulture and plantation, and this will certainly lead to an increased demand for fertilizers particularly inorganic fertilizers.
Several types of inorganic fertilizer often used in Indonesia is a single fertilizer such as Urea, KCl, Superphospate (SP-36 or TSP), Ammonium sulphate (ZA) and compound fertilizer ie NPK. Special for fertilizer using raw material of Potash (Potassium) in Indonesia has a constraint, which is almost entirely imported from other countries, especially KCI fertilizers, so the NPK production in the country is also highly dependent on the supply of imported KCl. The large demand of KCI fertilizers in Indonesia in recent years can not be separated from the development of the NPK fertilizer production.
With a government program to subsidize NPK fertilizer in addition to the single, the compound fertilizer consumption is also growing fast. Practicality, effectiveness and efficiency resulting from the use of NPK fertilizer has led to the high need for fertilizers NPK. The expansion and intensification of the plantation sector to eastern Indonesia have also increased.
Seeing the above conditions, it encouraged BIZTEKA to discuss further regarding the prospects of industry and marketing of inorganic fertilizer in Indonesia in the coming years. In this industry profile it is also discussed the development of inorganic fertilizer supply and demand in local market, prices as well as market opportunities in Indonesia in the next five years.