Special fertilizer refers to the use of special materials, adopt special technology to produce a good effect of special fertilizer. It adds one or more substances, and has some other significant effects besides fertilizer, so as to achieve the purpose of improving fertilizer utilization, improving crop yield, and improving and repairing soil. Its main advantages are low cost, high economic efficiency, in line with the modern development needs of “efficient environmental protection, low carbon energy saving”. It mainly includes solid fertilizer, liquid fertilizer, chelating micro fertilizer, seaweed extraction fertilizer, organic liquid fertilizer, plant growth regulator and slow application control fertilizer.
Compared with traditional fertilizer, special fertilizer has its unique features in raw materials, technology, application method and application effect. In terms of raw materials, according to the specificity of demand, special fertilizers can be targeted to add some trace elements, but also can add nutrients that are not in traditional fertilizers; In terms of technology, the manufacturing technology of special fertilizer is more advanced, such as chelating technology, coating technology, etc. In terms of application methods, special fertilizers are applied in a variety of ways, such as slow application and control fertilization of continuous feeding methods; In terms of application effect, special fertilizers are gradually recognized by the industry for their advantages of environmental friendliness, quality and efficiency improvement, high utilization rate, target fertilization, soil improvement, and agricultural product quality improvement, and their popularity continues to increase.
Development status
With the development of modern agriculture, scale management and industrial management have put forward higher requirements for soil environment. The traditional development path of fertilizer industry can no longer meet the needs of enterprise survival and new agricultural operators. The function of fertilizer is not limited to improving crop yield. Special fertilizers with the function of increasing soil organic matter, improving soil environment and supplementing trace elements in crops have won more and more attention, and special fertilizers have also ushered in rapid development. According to the data, the market size of China’s special fertilizer industry in 2021 is 174.717 billion yuan, an increase of 7%, and the market size of the industry in 2022 is about 185.68 billion yuan, an increase of 6.3%. Among them, water-soluble fertilizer and microbial classification are the most important subdivisions, accounting for 39.8% and 25.3%, respectively.
Special fertilizer can optimize the soil environment, improve the quality of agricultural products, improve agricultural economic benefits, is an inevitable choice to promote agricultural green development and take the path of sustainable development. With the upgrading of residents’ consumption in recent years, the consumption demand of agricultural products has gradually changed from quantity to quality, and the production demand of special fertilizers in China has continued to grow. According to the data, in 2022, China’s special fertilizer production is about 33.4255 million tons, an increase of 6.6%; Demand was about 320.38 million tons, up 6.9% year-on-year.
From the price point of view, in recent years, the average sales price of China’s special fertilizer market has shown an overall upward trend. According to data, the average sales price of China’s special fertilizer market in 2022 is about 5,800 yuan/ton, down 0.6% year-on-year, and an increase of 636 yuan/ton compared with 2015.
Future development trend of special fertilizer industry
1. Market demand continues to grow
With the growth of the global population and the development of the agricultural industry, the demand for food and agricultural products is increasing. In order to meet this demand, agricultural producers need to continuously improve production and quality, and special fertilizers can provide more comprehensive nutrition for crops, promote their growth and development, and improve yield and quality. At the same time, with the improvement of consumers’ awareness of food safety and environmental protection, organic fertilizers, biological fertilizers and other environmentally friendly, efficient and safe special fertilizers are increasingly favored by the market. Therefore, the future market demand for special fertilizers will continue to grow. According to the data, the global specialty fertilizer market has shown a rapid growth trend in recent years. Among them, the special fertilizer market in Asia is growing fastest, which is closely related to the upgrading of agricultural industry and rural economic development in developing countries such as China. In China, the government has increased its support for agriculture in recent years, which has promoted the development and transformation and upgrading of the agricultural industry, which also provides a broader space for the development of the special fertilizer market.
2. Technological innovation promotes industrial upgrading
The development of the special fertilizer industry cannot be separated from the support of technology. With the continuous progress of science and technology, the production process and technical level of special fertilizers are also constantly improving. In the future, technological innovation will become an important force to promote the upgrading of the special fertilizer industry. The development and application of new fertilizers will further promote the development of the specialty fertilizer market. At present, new fertilizers mainly include biofertilizers, organic fertilizers, functional fertilizers, etc. These fertilizers have the advantages of environmental protection, efficiency, safety, etc., and can meet the different needs of agricultural producers and consumers. In the future, with the continuous transformation and application of scientific research results, the research and development and application of new fertilizers will continue to make new progress, providing more options for the development of the special fertilizer market.
Post time: Jun-17-2024