Global demand for fertilizer nutrients, pesticide active ingredients grew slightly from 2002-2009 with strongest figures in Asia-Pacific, says new report; trend expected to continue in near future
October 3, 2011
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The global demand for fertilizer nutrients has grown slightly over the last decade. The global fertilizer nutrients demand in 2002 was 144,165,527 tons. Global fertilizer nutrients demand increased to 159,600,000 tons in 2009. Much of the increase in demand for fertilizer nutrients came from the Asia-Pacific region, and the same trend is expected to continue in the near future. Asia-Pacific is expected to account for 61.8% of the global fertilizer nutrients demand in 2015.
The global demand for pesticide active ingredients has grown slightly over the last decade. The global pesticide active ingredients demand in 2002 was 1,500,535 tons. Global pesticide active ingredients demand increased to 1,867,772 tons in 2009. Much of the increase in demand for pesticide active ingredients came from the South and Central America and Asia-Pacific region, and the same trend is expected to continue in the near future. South and Central America and Asia-Pacific region is expected to account for 67.7% of the global fertilizer nutrients demand in 2015.
In 2009, the global fertilizer nutrients market was 159,600,000 tons and Asia-Pacific with 55.5% had the largest share of demand, followed by Europe and North America with 13.8% and 12.3 % demand share respectively. The rest of the share is held by the South and Central America and other markets with 9.3% and 9.1%, respectively. The demand in Asia-Pacific is mainly driven by China and India.
In 2009, the global pesticide active ingredients market was 1,867,772 tons and South and Central America with 39% had the largest share of demand, followed by Asia-Pacific and North America with 27% and 20.7 % demand share respectively. The rest of the 13.3% share is held by Europe. The demand in South and Central America is mainly driven by Brazil and Argentina.
The growth in Asia-Pacific and South and Central America region is seen as the main driver behind an increased global demand for agricultural chemicals with the leading countries being China, Brazil, India and Argentina etc. These regions have a low per unit area agricultural chemicals consumption which aids in the growth of demand along with the need to provide food security to their nation.
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