Industry Analysis & Industry Trends
Within the Nitrogenous Fertilizer Manufacturing industry in China, industry revenue is forecast to increase by 8.5% in 2011 to $37.75 billion (constant 2011 dollars). Over the past five years, industry revenue is estimated to increase at an annualized rate of 11.6%.
Industry revenue increased by only 4.6% in 2009 due to weaker demand from the global recession, price fluctuations, and a fall in industry exports.
By the end of 2011, there are expected to be 428 enterprises with 1,132 establishments in the industry employing almost 375,200 workers, with a payroll of $2.23 billion.
Exports are forecast to total $2.34 billion by the end of 2011. Export markets have been volatile in recent years. In 2005, exports fell to $641.9 million, down 44.8%... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Nitrogenous Fertilizer Manufacturing industry in China is in the mature phase of its life cycle. This is shown by the industry's annualized value added growth rate in the past five years of 11.1%, which is slight higher than China's GDP growth rate, and is expected to be lower in the future. Additionally, the industry is expected to continue to expand steadily in the future.
Technology innovation is shown in many aspects within the industry, including manufacturing innovations using physical and chemical methods, combinations of fertilizers with pesticides, the development of energy-saving manufacturing technology, and advanced technology to save water resources and reduce sewage discharge.
Domestic demand will continue to grow steadily in the future... purchase to read more