Global Organic Compound Fertilizer Market 2018 Hanfeng, Kingenta, LUXI, STANLEY, WengFu Group, Hubei Xinyangfeng | Organic Fertilizer Plant

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COMPO EXPERT GmbH, with headquarters in Münster in the German region of Westphalia, is an international company with locations in Europe, North and South America, Asia and South Africa. The Company produces and sells special fertilizers and biostimulants for all areas of plant cultivation. COMPO EXPERT offers a broad range of high quality, innovative special fertilizers for commercial use. Its product range includes innovative slow-release fertilizers, special mineral fertilizers, coated fertilizers, nutrient salts, liquid fertilizers, trace nutrients and soil treatments, and crop protection products. With those products, COMPO EXPERT is a market leader in Europe. COMPO EXPERT was acquired in 2015 by XIO Group, a global alternative investments company, and now has more than 600 employees. For more information, visit: http://www.compo-expert.com .

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In 2010, prices of the nitrogen-based fertilisers were increased by 30% to 40% globally. The rise was in response to the economic recovery and efficient drought handling practices. The production from the complex fulfils the demand in Tatarstan and also exports to foreign markets.

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Located approximately 1,000km east of Moscow, Russia, the Tatarstan fertiliser complex is the biggest project of its kind in Russia over the past 20 years.

At this stage, he is taking samples that will be tested by Rwanda standard board (RSB) to confirm the quality.

Though many efforts have been made by researchers to introduce organic fertilizer and cut the import bill of the country for the past several years, the country has continue importing fertilizer using its scarce hard currency.

Partly because of government monopoly of the market, farmers have been facing several challenges from fertilizer delays to fixing prices. “Government has to re-consider on the monopoly of fertilizers import in its policy and involve competent private importers and logistics service providers to import fertilizers,” suggested a paper, Analysis of Supply Chain of Fertilizers in Ethiopia, published in June 2016 by Reta Hailu.

With the utilization of chemical composts and pesticides, there has been a significant reduction in the quality of soil around the world. To meet the rising demand for sustainable methods of agriculture, governments across the globe are supporting farmers to convert their lands into organic. However, there are some challenges here such as certification prices, premium prices of organic substitutes and less production. Hence the governments of both highly developed and developing economies have shaped various strong government projects and strategies like targeted subsidies, market investments, capacity expansion and research support for organic agriculture. Such government initiatives and subsidies promoting the use of plant and animal based fertilizers are fueling the growth of these two segments.

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According to the Global Liquid Fertilizer Market (2019) Report, size of market is expected to grow over time in terms of Supply, Demand, Revenue etc. The report also analyses driving forces behind the growth and popularity, industry peers and their Strategic, key geographical regions, influencing Factors and forecast to 2023.