The Philippines Fertilizer market size reached USD 3,646.00 Million in 2024. The market is projected to reach USD 4,773.86 Million by 2033, exhibiting a growth rate (CAGR) of 3.04% during 2025-2033. The market is driven by the expanded government agricultural support programs through the tripling of the Rice Competitiveness Enhancement Fund budget, which provides comprehensive subsidies for seeds, mechanization, and farm inputs. Additionally, the accelerating transition toward sustainable and organic-based fertilizers to reduce import dependency is supporting market evolution. Furthermore, strategic international partnerships with regional fertilizer manufacturers for technology transfer and supply security are expanding the Philippines fertilizer market share.
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Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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| Market Size in 2024 | USD 3,646.00 Million |
| Market Forecast in 2033 | USD 4,773.86 Million |
| Market Growth Rate 2025-2033 | 3.04% |
Expanded Government Agricultural Support Programs Through Rice Competitiveness Enhancement Fund Extension
The Philippines fertilizer sector is experiencing significant transformation driven by substantially expanded government support programs that provide comprehensive subsidies and technical assistance to millions of farmers across the archipelago. On December 9, 2024, Philippine President Ferdinand R. Marcos Jr. signed Republic Act No. 12078, which amended the Rice Tariffication Law to extend the Rice Competitiveness Enhancement Fund until 2031, with the amendment increasing the annual RCEF budget from PHP 10 Billion to PHP 30 billion, allocating PHP 6 Billion for high-quality rice seeds, PHP 9 Billion for farm mechanization, and PHP 15 Billion for extension and training programs, rice farmers financial assistance, expanded rice credit assistance, composting facilities for biodegradable wastes, pest and disease management, soil health improvement, and establishment of solar-powered irrigation systems. The substantial increase in funding represents the government's recognition that sustained investment in agricultural inputs, particularly fertilizers, is essential for achieving food security objectives and improving farmer livelihoods. The program's emphasis on balanced fertilization strategies, soil health improvement, and pest management creates a more holistic approach to agricultural productivity that goes beyond simple input subsidies. For fertilizer manufacturers and distributors, this expanded government support translates into predictable demand patterns and opportunities to participate in large-scale procurement programs, while also encouraging innovation in product formulations that align with sustainable farming practices and soil health objectives promoted by the government framework. The Philippines fertilizer market growth is also significantly influenced by the accelerating transition toward sustainable and organic-based fertilizers.
Strategic International Partnerships to Enhance Fertilizer Supply Security and Technology Transfer
The Philippines fertilizer market is witnessing the emergence of strategic international partnerships aimed at enhancing supply security, reducing costs, and facilitating technology transfer from established regional manufacturers to support domestic production capabilities and reduce import vulnerability. In July 2024, Agriculture Secretary Francisco P. Tiu Laurel Jr. led a delegation to Vietnam to meet with executives of Binh Dien Fertilizer Joint Stock Co. The discussions focused on possible collaboration, particularly the supply or local production of fertilizers in the Philippines. Founded in 1975, Binh Dien has become Vietnam’s top producer of NPK (nitrogen, phosphorus, and potassium) fertilizers, operating several plants with a total capacity of 1 million metric tons, enough to meet 30% of Vietnam’s fertilizer demand. Secretary Tiu Laurel emphasized that the Philippines stands to gain greatly from Binh Dien’s advanced agricultural technologies and expertise, with potential for initial distribution agreements that could eventually lead to technology transfer and investment in a manufacturing facility in the Philippines. These partnership initiatives reflect the Philippine government's strategic approach to addressing fertilizer supply constraints and price volatility that have plagued the agricultural sector in recent years. By forging direct relationships with manufacturers in neighboring countries, the Philippines aims to secure more stable and competitively priced fertilizer supplies while potentially attracting foreign direct investment into domestic manufacturing facilities that could reduce the country's reliance on imports. These international partnerships also create opportunities for Philippine companies to access advanced fertilizer formulations, precision agriculture technologies, and sustainable production methods that can enhance the overall competitiveness and environmental performance of the domestic fertilizer industry while supporting the government's broader food security and agricultural modernization objectives.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on product type, product, product form, and crop type.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product type. This includes chemical fertilizer and biofertilizers.
Product Insights:
A detailed breakup and analysis of the market based on the product have also been provided in the report. This includes straight fertilizers (nitrogenous fertilizers (urea, calcium ammonium nitrate, ammonium nitrate, ammonium sulfate, anhydrous ammonia, and others), phosphatic fertilizers (mono-ammonium phosphate (MAP), di-ammonium phosphate (DAP), single super phosphate (SSP), triple super phosphate (TSP), and others), potash fertilizers (muriate of potash (MoP) and sulfate of potash (SoP)), secondary macronutrient fertilizers (calcium fertilizers, magnesium fertilizers, and sulfur fertilizers), and micronutrient fertilizers (zinc, manganese, copper, iron, boron, molybdenum, and others)) and complex fertilizers.
Product Form Insights:
The report has provided a detailed breakup and analysis of the market based on the product form. This includes dry and liquid.
Crop Type Insights:
A detailed breakup and analysis of the market based on the crop type have also been provided in the report. This includes grains and cereals, pulses and oilseeds, fruits and vegetables, flowers and ornamentals, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Luzon, Visayas, and Mindanao.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
| Report Features | Details |
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| Base Year of the Analysis | 2024 |
| Historical Period | 2019-2024 |
| Forecast Period | 2025-2033 |
| Units | Million USD |
| Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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| Product Types Covered | Chemical Fertilizer, Biofertilizers |
| Products Covered |
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| Product Forms Covered | Dry, Liquid |
| Crop Types Covered | Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, Flowers and Ornamentals, Others |
| Regions Covered | Luzon, Visayas, Mindanao |
| Customization Scope | 10% Free Customization |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: