We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Brazil - Mixed Fertilizers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Feb 1, 2025

Brazil - Mixed Fertilizers - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Oct 30, 2024

Brazil Sees 42% Drop in Mixed Fertilizer Imports, Falling to $4.6 Billion in 2023

Brazil Mixed Fertilizer Imports

In 2023, overseas purchases of mixed fertilizers decreased by -2.9% to 8.9M tons, falling for the second consecutive year after three years of growth. In general, total imports indicated a prominent expansion from 2013 to 2023: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by -17.6% against 2021 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 31%. Imports peaked at 11M tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, mixed fertilizer imports contracted markedly to $4.6B (IndexBox estimates) in 2023. Over the period under review, imports, however, recorded strong growth. The growth pace was the most rapid in 2021 when imports increased by 120% against the previous year. Over the period under review, imports hit record highs at $8B in 2022, and then fell notably in the following year.Brazil Mixed Fertilizer Imports By Country (Million USD)

COUNTRYImport Value of Mixed Fertilizer in Brazil (million USD)
20132014201520162017201820192020202120222023
Russia5206694173594896446615771,3562,3891,662
Morocco8335883643825255135848231,4561,377965
United States7167385946767157226565068051,533660
Saudi ArabiaN/A58.938.1146211298367246439761525
China2995714732734203593432501,298867490
Norway10997.574.111511410210865.0127445101
Finland19.75.714.820.124.827.048.346.210626473.2
Others13992.769.496.611510688.1145257346121
Total2,6352,8212,0452,0672,6142,7712,8552,6575,8447,9824,597

Imports by Country

Russia (3.3M tons), Morocco (1.8M tons) and the United States (1.3M tons) were the main suppliers of mixed fertilizer imports to Brazil, together accounting for 71% of total imports. China, Saudi Arabia, Norway and Finland lagged somewhat behind, together accounting for a further 27%.

From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of +26.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mixed fertilizer suppliers to Brazil were Russia ($1.7B), Morocco ($965M) and the United States ($660M), with a combined 72% share of total imports. Saudi Arabia, China, Norway and Finland lagged somewhat behind, together comprising a further 26%.

Among the main suppliers, Saudi Arabia, with a CAGR of +27.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Imports by Type

In 2023, monoammonium phosphate (MAP) (5.2M tons) constituted the largest type of mixed fertilizers supplied to Brazil, with a 58% share of total imports. Moreover, monoammonium phosphate (MAP) exceeded the figures recorded for the second-largest type, fertilizers, mineral or chemical; containing the two fertilizing elements nitrogen and phosphorus, other than nitrates and phosphates (2M tons), threefold. Mixed nitrogen, phosphorus and potassium (NPK) fertilizers (1.4M tons) ranked third in terms of total imports with a 15% share.

From 2013 to 2023, the average annual rate of growth in terms of the volume of monoammonium phosphate (MAP) imports stood at +7.6%. With regard to the other supplied products, the following average annual rates of growth were recorded: fertilizers, mineral or chemical; containing the two fertilizing elements nitrogen and phosphorus, other than nitrates and phosphates (+5.0% per year) and mixed nitrogen, phosphorus and potassium (NPK) fertilizers (+11.1% per year).

In value terms, monoammonium phosphate (MAP) ($2.9B) constituted the largest type of mixed fertilizers supplied to Brazil, comprising 64% of total imports. The second position in the ranking was taken by fertilizers, mineral or chemical; containing the two fertilizing elements nitrogen and phosphorus, other than nitrates and phosphates ($956M), with a 21% share of total imports. It was followed by mixed nitrogen, phosphorus and potassium (NPK) fertilizers, with an 11% share.

Import Prices by Country

In 2023, the mixed fertilizer price stood at $516 per ton (CIF, Brazil), with a decrease of -40.7% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 75%. The import price peaked at $870 per ton in 2022, and then shrank dramatically in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from Saudi Arabia ($551 per ton) and Morocco ($547 per ton), while the price for Norway ($384 per ton) and Finland ($427 per ton) were amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mixed fertilizer market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20157130 -
  • Prodcom 20157180 -
  • Prodcom 20157200 - Diammonium hydrogenorthophosphate (diammonium phosphate) (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
  • Prodcom 20157300 - Ammonium dihydrogenorthophosphate (monoammonium phosphate)
  • Prodcom 20157400 - Other mineral or chemical fertilisers containing the two fertilising elements nitrogen and phosphorus
  • Prodcom 20157500 - Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium
  • Prodcom 20157100 - Mineral or chemical fertilisers containing the three fertilising elements nitrogen, phosphorus and potassium (excluding those in tablets or similar forms, or in packages with a gross weight of . .10 kg)
  • Prodcom 20157200 - Diammonium hydrogenorthophosphate (diammonium phosphate) (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
  • Prodcom 20157300 - Ammonium dihydrogenorthophosphate (monoammonium phosphate)
  • Prodcom 20157400 - Other mineral or chemical fertilisers containing the two fertilising elements nitrogen and phosphorus
  • Prodcom 20157500 - Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium

Country coverage:

  • Brazil

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Brazil
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

Recommended posts

Free Data: Mixed Fertilizers - Brazil
Table
Mixed Fertilizers - Brazil - Table
Dashboard
Mixed Fertilizers - Brazil - Dashboard
Report
Mixed Fertilizers - Brazil - Report