Introduction – India’s Fertilizers Market in Statistical Focus
India stands tall in the global fertilizer landscape — and not just because of its massive agricultural base. It’s the second-largest consumer of fertilizers in the world, right after China, with the market valued at ₹982 billion in 2024 and projected to hit ₹1,401 billion by 2033. That’s a healthy 4% CAGR over the next decade. These numbers paint a clear picture: whether you’re a buyer, distributor, or agri-business, India’s fertilizer market is one worth watching.
In 2024 alone, India produced a whopping 45.2 million tonnes of fertilizers. Urea, taking the lion’s share, clocked in at 31.41 million tonnes, up by 10.2% compared to the previous year. NP/NPK complex fertilizers followed suit, reaching 9.55 million tonnes with a 2.7% growth.
Despite its substantial production, India’s exports have seen fluctuations. In 2023, the country exported $123.19 million worth of fertilizers, with Nepal, Brazil, Mozambique, Malaysia, and the US as top buyers. However, exports dipped during the 2023-2024 period to $37.58 million, reflecting India’s pivot to prioritize domestic demand amidst global uncertainties.
To make procurement decisions smarter, businesses today rely on platforms like Freshdi – a B2B sourcing engine that brings together verified supplier data, RFQ trends, and market insights. With tools like these, finding the right supplier isn’t a guessing game anymore — it’s a data-backed strategy.
Deep Dive – Key Production, Export Statistics & Market Signals
India’s fertilizer sector isn’t just big — it’s dynamic, strategic, and full of momentum. The country is producing high volumes, exporting selectively, and investing heavily in infrastructure and policy.
Production at Full Throttle
In the 2022–23 fiscal year:
- Urea Production: 32.11 million metric tons (MMT), with National Fertilizers Limited (NFL) being a major contributor.
- Complex Fertilizers: NP/NPK production reached over 9.55 million tonnes.
- Government Support: The New Investment Policy (NIP) and Nutrient-Based Subsidy (NBS) schemes are boosting indigenous manufacturing.
Export Volumes and Markets
India’s export volumes are modest but strategic:
- Nitrogenous Fertilizers: 44.5K metric tons in 2022.
- Phosphate Fertilizers: 16.07K metric tons.
- Potash Fertilizers: 5.68K metric tons.
Top destinations? Bangladesh, Nepal, UAE, and Sri Lanka — all benefiting from India’s cost-effective, high-quality fertilizer varieties.
Market Demand Signals via Freshdi
Freshdi’s RFQ trends indicate rising global interest in:
- Bio-fertilizers
- Organic blends
- Customized NPK formulations
Buyers across South Asia, Africa, and the Middle East are increasingly seeking verified Indian suppliers for both bulk and specialty fertilizers.
Top 5 Verified Fertilizers Suppliers in India – Leading Exporters by Volume
When you’re sourcing fertilizers in June 2025, these are the Indian suppliers leading the pack – chosen based on export volume, verified credentials, and buyer ratings on Freshdi.
1. Shivoham Impex
- Specialty: Organic and chemical fertilizers
- Strengths: High export reliability, consistent buyer satisfaction, and wide product variety.
- Why Choose Them: Their track record on Freshdi shows prompt delivery and excellent packaging standards.
2. Martand Enterprises
- Specialty: Organic compost and soil amendments
- Strengths: Popular among repeat buyers from South Asia and Africa.
- Why Choose Them: Eco-conscious products with competitive pricing.
3. KODIAC PROSERV LLP
- Specialty: Customized NPK blends and bio-fertilizers
- Strengths: ISO-certified, fast-growing exporter.
- Why Choose Them: Known for working closely with clients on formulation needs.
4. Tradesmen India
- Specialty: Organic and sustainable fertilizers
- Strengths: Strong logistics network and excellent support.
- Why Choose Them: Their organic line is highly rated for soil quality improvement.
5. Gauamrit
- Specialty: Cow-based organic fertilizers and vermicompost
- Strengths: Focus on traditional Indian farming methods.
- Why Choose Them: Ideal for buyers looking for natural, non-chemical alternatives.
Dynamic Ranking Note: Platforms like Freshdi frequently update their “Suppliers of the Month/Quarter” based on performance metrics like order volume, buyer reviews, and response time — so stay updated for the latest top performers.
Market Navigation – Statistical Trends, Price Insights & Export Dynamics
Let’s talk money. Fertilizer prices can fluctuate — and savvy buyers know how to time their purchases.
What’s Trending?
- Urea and NPK remain the top-demanded varieties globally.
- Organic and bio-fertilizers are gaining traction, especially in Europe and Africa.
- Customized blends are also seeing higher RFQs on platforms like Freshdi.
Price Movements: What to Expect in 2025
- Q1 to Q2: Prices usually remain stable post-harvest season.
- Q3: Expect price hikes due to monsoon-driven demand.
- Q4: Government subsidies and policy changes often affect pricing.
Historical price data suggests that bulk purchases in Q2 or Q4 often yield better pricing. Platforms like Freshdi allow buyers to compare historical prices and forecast trends — a game-changer for bulk procurement.
Export Dynamics
With India prioritizing domestic supply, export licenses and regulation compliance are more crucial than ever. Verified exporters on Freshdi are typically up to date with:
- DGFT Notifications
- HS Code Revisions
- Port Wise Export Restrictions
Conclusion – Leveraging Data for Informed Procurement
India’s fertilizer market is more than just big numbers — it’s about opportunity, precision, and timing. With a robust production base, evolving export policies, and a growing list of verified suppliers, India continues to be a top sourcing destination for fertilizers.
For businesses looking to source fertilizers from India, here’s a quick checklist to stay ahead:
✅ Buyer’s Checklist for Fertilizer Procurement from India
- ✔️ Choose verified suppliers with a consistent export track record.
- ✔️ Analyze seasonal pricing trends to optimize purchase timing.
- ✔️ Use platforms like Freshdi for data-backed supplier insights.
- ✔️ Check for certifications, ISO standards, and regulatory compliance.
- ✔️ Leverage RFQ tools to request bulk quotes and negotiate better deals.
The Future Outlook
With continued government support, strategic collaborations (like Ma’aden in Saudi Arabia), and infrastructure projects like the Talcher Fertilizer Plant, India is set to increase both production and export capabilities by 2026. As global food security becomes a bigger concern, reliable fertilizer sourcing will be critical — and India is poised to deliver.
Platforms like Freshdi are transforming how buyers navigate this market — from finding verified suppliers to understanding real-time demand signals. It’s not just sourcing anymore — it’s smart sourcing.
FAQs
1. Why are fertilizer exports from India declining recently?
India is prioritizing domestic agricultural needs due to global supply chain disruptions and rising internal demand. Hence, exports have been temporarily reduced.
2. What’s the best time to buy fertilizers from India?
Generally, Q2 and Q4 are ideal due to stable demand and pricing. However, it depends on the crop cycle in your region and global supply trends.
3. How can Freshdi help in sourcing fertilizers?
Freshdi offers verified supplier profiles, market insights, RFQ tools, and trade data — helping buyers make informed decisions without the guesswork.
4. Are organic fertilizers from India in demand globally?
Absolutely. Countries in Europe, Africa, and Southeast Asia are increasingly seeking Indian organic and bio-fertilizers due to their eco-friendly benefits and lower costs.
5. What certifications should I look for in a fertilizer supplier?
Look for ISO certification, FCO compliance (Fertilizer Control Order), and any regional export licenses. Verified suppliers on Freshdi typically list these clearly.
References
- IMARC Group – Indian Fertilizer Market
- Daily Export Import Data India
- World Bank – WITS Trade Data
- Eximpedia – Fertilizer Export Trends
- LiveMint – Fertilizer Agreements with Ma’aden
- Wikipedia – Talcher Fertilizer Project
- Statista – Fertilizer Export Volume India
- Economic Times – Fertilizer Market News
- Indian Fertilizer
- Wikipedia – IFFCO
- Wikipedia – National Fertilizers
- Wikipedia – GSFC
- StatLedger – Specialty Fertilizers
Explore more verified suppliers and demand signals on Freshdi to stay ahead in the fertilizer sourcing game.
