The market is dominated by foreign suppliers, as imports account for 53.9% of total market size in 2022. B2B drives market demand, with B2B spending representing 79.6% of total demand in 2022. Indonesia has the fifth largest market size for pesticides and other agro-chemical products regionally, with demand reaching USD1.6 billion in 2022. Petrokimia Gresik PT is the largest company in Indonesia, generating 23.3% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 47.9% of total production value in 2022. The total number of companies increases in 2022, to 695 units. The costs of the industry increase by 7.1% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 30.0% of production value in 2022, the second highest regionally. The industry’s exports share increases in 2022 to 29.2% of total production output. With production value of USD939 million, Indonesia accounts for 1.4% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Pesticides and Other Agro-chemical Products in Indonesia: ISIC 2421. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Pesticides and Other Agro-chemical Products in Indonesia: ISIC 2421 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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