Brazil - Phosphatic Fertilizers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBrazil Sees 37% Surge in Phosphatic Fertilizer Imports, Hitting $1.5 Billion in 2024
Brazil Phosphatic Fertilizer Imports
Phosphatic fertilizer imports into Brazil soared to 4.9M tons in 2024, jumping by 33% compared with the previous year. In general, imports posted a strong increase. The growth pace was the most rapid in 2021 with an increase of 91%. Over the period under review, imports attained the maximum in 2024 and are expected to retain growth in the immediate term.
In value terms, phosphatic fertilizer imports surged to $1.5B (IndexBox estimates) in 2024. Overall, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 211%. Imports peaked at $1.6B in 2022; however, from 2023 to 2024, imports remained at a lower figure.
| COUNTRY | Import Value of Phosphatic Fertilizer in Brazil (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
| China | 79.3 | 96.5 | 37.6 | 13.9 | 68.8 | 76.0 | 42.2 | 360 | 244 | 217 | 440 |
| Egypt | 78.0 | 45.6 | 36.9 | 48.6 | 98.5 | 123 | 71.7 | 283 | 496 | 292 | 413 |
| Morocco | 193 | 118 | 110 | 130 | 153 | 135 | 120 | 220 | 320 | 287 | 337 |
| Israel | 97.5 | 101 | 66.6 | 81.6 | 118 | 122 | 78.6 | 130 | 262 | 175 | 218 |
| Spain | 2.3 | 18.6 | 14.2 | 1.1 | 12.4 | 9.2 | 5.7 | 27.0 | 57.5 | 58.0 | 68.2 |
| Lebanon | 10.8 | 22.9 | N/A | 16.5 | 26.7 | 8.3 | N/A | 21.0 | 30.3 | 11.6 | 24.3 |
| Tunisia | 37.7 | 13.1 | 17.2 | 5.7 | N/A | 11.3 | 15.3 | N/A | 40.3 | 8.2 | N/A |
| Others | 6.0 | 17.3 | 41.6 | 24.0 | 23.9 | 32.6 | 7.4 | 18.6 | 118 | 54.0 | 6.0 |
| Total | 505 | 434 | 324 | 321 | 501 | 517 | 340 | 1,059 | 1,568 | 1,102 | 1,507 |
Imports by Country
Egypt (1.7M tons), China (1.2M tons) and Morocco (899K tons) were the main suppliers of phosphatic fertilizer imports to Brazil, with a combined 77% share of total imports. Israel, Spain and Lebanon lagged somewhat behind, together comprising a further 23%.
From 2014 to 2024, the biggest increases were recorded for Spain (with a CAGR of +36.9%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest phosphatic fertilizer suppliers to Brazil were China ($440M), Egypt ($413M) and Morocco ($337M), with a combined 79% share of total imports. Israel, Spain and Lebanon lagged somewhat behind, together comprising a further 21%.
Spain, with a CAGR of +40.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
In 2024, superphosphates (4.5M tons) was the main type of phosphatic fertilizers supplied to Brazil, with a 91% share of total imports. Moreover, superphosphates exceeded the figures recorded for the second-largest type, phosphatic fertilizers other than superphosphates (427K tons), more than tenfold.
From 2014 to 2024, the average annual growth rate of the volume of superphosphates imports stood at +10.7%.
In value terms, superphosphates ($1.4B) constituted the largest type of phosphatic fertilizers supplied to Brazil, comprising 90% of total imports. The second position in the ranking was held by phosphatic fertilizers other than superphosphates ($154M), with a 10% share of total imports.
Import Prices by Country
In 2024, the phosphatic fertilizer price amounted to $305 per ton (CIF, Brazil), growing by 3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 63%. Over the period under review, average import prices reached the maximum at $373 per ton in 2022; however, from 2023 to 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2024, amid the top importers, the country with the highest price was Lebanon ($553 per ton), while the price for Egypt ($240 per ton) was amongst the lowest.
From 2014 to 2024, the most notable rate of growth in terms of prices was attained by Lebanon (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the phosphatic 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:
- FCL 4012 -
- FCL 4013 -
- FCL 4014 -
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
