Asia is the largest producer and consumer of complex/compound fertilizers in the world. The complex NPK fertilizer industry in China is large and has grown steadily in the last decade. Asia is almost self sufficient to meet the demand of compound fertilizer in the country. It has considerable natural reserves of raw materials utilized for production of compound fertilizers. Complex fertilizers worth USD ~ million were sold in the country in 2017 as compared to USD ~ million in 2012, representing growth at a CAGR of ~ during the period 2012-2017. The market witnessed a slowdown in revenue growth during the last two years due to decline in price of complex fertilizers in the country. Consumption of complex fertilizers grew at a CAGR of ~% during the period 2012-2017, rising from ~ million MT in 2012 to ~ million MT in 2017.