高效肥行业发展形势喜人

Group 1: Industry Overview - The high-efficiency fertilizer industry in China has made significant progress due to continuous technological advancements, with a positive outlook for production and operations in 2024 [1] Group 2: High-Efficiency Urea Production and Sales - The national high-efficiency urea production is projected to reach 5.429 million tons in 2024, marking a 20.7% increase from the previous year [2] - Among various types of high-efficiency urea, the production of value-added urea increased by 17.9%, controlled-release urea by 19.7%, and stability urea by 75.5% [2] - The apparent consumption of urea in 2024 is expected to be 66.98 million tons, a growth of 14.2%, with agricultural consumption around 42 million tons, and high-efficiency urea accounting for 12.9% of agricultural urea consumption, up by 1.1 percentage points [2] - The concentration of production has significantly improved, with nine companies producing over 200,000 tons, accounting for 81.4% of total production [2] Group 3: Water-Soluble Fertilizer Production and Sales - The production of water-soluble fertilizers is expected to reach 2.334 million tons in 2024, reflecting a growth of 5.2% [3] - The market is becoming increasingly diverse, with six major product categories holding 96.2% of the market share, while organic and specialty water-soluble fertilizers have a relatively small share [3] - Solid water-soluble fertilizers account for 73% of production at 1.704 million tons, growing by 5.3%, while liquid water-soluble fertilizers make up 27% at 630,000 tons, with a year-on-year growth of 4.8% [3]