Analysis of Fertilizer Off-Take and Industry Dynamics in Pakistan
TABLE OF CONTENTS
ABSTRACT 1
1. INTRODUCTION 1
1.1. Problem Statement 1
1.1.1. Overview 1
1.1.2. Contribution 2
1.1.3. Literature Review 2
1.2. Objectives 3
2. METHODOLOGY 3
2.1. Model 3
2.2. Data 4
3. RESULTS 5
4. CONCLUSION 10
REFERENCES 12
APPENDIX 13
Appendix I – Data on Fertilizer Off-take 13
Appendix II – Data on Fertilizer Prices 14
Appendix III – Limitations of Study 15
ANALYSIS OF FERTILIZER OFF-TAKE AND INDUSTRY DYNAMICS IN PAKISTAN
Abstract: This study has been conducted to formulate a model for forecasting fertilizer off-take in Pakistan and to develop a framework of the dynamics of the domestic fertilizer industry. The Trend Projection Method has been used to specify the forecasting model. The results are acceptable from both an economic and statistical point of view. Then this study has proceeded to analyse the structure of the fertilizer industry and to measure the price elasticity of fertilizer demand in Pakistan. The results suggest that the industry is oligopolistic in structure, demand for fertilizer is inelastic and various external factors are involved in influencing fertilizer demand. Lastly, the forecasting model has been used to project domestic fertilizer demand for the next five years.
1. INTRODUCTION
1.1. Problem Statement
1.1.1. Overview
Fertilizers constitute a key component of the modern farm technology for achieving increased production through improving soil fertility. In this modern agricultural era, fertilizer is an important input to boost yield. Contribution of balanced fertilization towards increased yield is from 30 to 60 percent in different crop production regions of the country.
Pakistan’s Fertilizer Sector has shown steady growth over the past few years. The fertilizer sector constitutes around 3.4% of manufacturing in Pakistan. Pakistan ranks 46th in the world in terms of fertilizer consumption, and its fertilizer usage is 162.5kg per hectare. All of our soils are
ABSTRACT 1
1. INTRODUCTION 1
1.1. Problem Statement 1
1.1.1. Overview 1
1.1.2. Contribution 2
1.1.3. Literature Review 2
1.2. Objectives 3
2. METHODOLOGY 3
2.1. Model 3
2.2. Data 4
3. RESULTS 5
4. CONCLUSION 10
REFERENCES 12
APPENDIX 13
Appendix I – Data on Fertilizer Off-take 13
Appendix II – Data on Fertilizer Prices 14
Appendix III – Limitations of Study 15
ANALYSIS OF FERTILIZER OFF-TAKE AND INDUSTRY DYNAMICS IN PAKISTAN
Abstract: This study has been conducted to formulate a model for forecasting fertilizer off-take in Pakistan and to develop a framework of the dynamics of the domestic fertilizer industry. The Trend Projection Method has been used to specify the forecasting model. The results are acceptable from both an economic and statistical point of view. Then this study has proceeded to analyse the structure of the fertilizer industry and to measure the price elasticity of fertilizer demand in Pakistan. The results suggest that the industry is oligopolistic in structure, demand for fertilizer is inelastic and various external factors are involved in influencing fertilizer demand. Lastly, the forecasting model has been used to project domestic fertilizer demand for the next five years.
1. INTRODUCTION
1.1. Problem Statement
1.1.1. Overview
Fertilizers constitute a key component of the modern farm technology for achieving increased production through improving soil fertility. In this modern agricultural era, fertilizer is an important input to boost yield. Contribution of balanced fertilization towards increased yield is from 30 to 60 percent in different crop production regions of the country.
Pakistan’s Fertilizer Sector has shown steady growth over the past few years. The fertilizer sector constitutes around 3.4% of manufacturing in Pakistan. Pakistan ranks 46th in the world in terms of fertilizer consumption, and its fertilizer usage is 162.5kg per hectare. All of our soils are
References: 2. F. Tenkorang and J. Lowenberg-DeBoer (2008), Forecasting Long-term Global Fertilizer Demand. Food and Agriculture Organization of the United Nations. 3. Habib A. Zuberi (1990), Institutional Credit and Agricultural Development within the Framework of Balanced Growth. Journal of Economic Development, Volume 15.