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

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Apr 4, 2023

Brazilian Phosphatic Fertilizer Prices Hit a Low of $234 per Ton

Brazil Phosphatic Fertilizer Import Price in February 2023

In February 2023, the phosphatic fertilizer price stood at $234 per ton (CIF, Brazil), declining by -19.7% against the previous month. Over the period under review, the import price continues to indicate a pronounced slump. The growth pace was the most rapid in May 2022 an increase of 32% month-to-month. As a result, import price reached the peak level of $661 per ton. From June 2022 to February 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Morocco ($466 per ton), while the price for Egypt ($194 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by China (+2.3%), while the prices for the other major suppliers experienced a decline.

Brazil Phosphatic Fertilizer Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was phosphatic fertilizers other than superphosphates ($6,210 per ton), while the price for superphosphates amounted to $234 per ton.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by phosphatic fertilizers other than superphosphates (+43.2%).

Brazil Phosphatic Fertilizer Imports

In February 2023, overseas purchases of phosphatic fertilizers increased by 28% to 154K tons, rising for the second month in a row after six months of decline. Overall, imports recorded a measured increase. The most prominent rate of growth was recorded in April 2022 when imports increased by 389% against the previous month. Imports peaked at 530K tons in June 2022; however, from July 2022 to February 2023, imports stood at a somewhat lower figure.

In value terms, phosphatic fertilizer imports amounted to $36M (IndexBox estimates) in February 2023. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 when imports increased by 439% m-o-m. Imports peaked at 319K tons in June 2022; however, from July 2022 to February 2023, imports remained at a lower figure.

Brazil Phosphatic Fertilizer Imports by Type

In February 2023, superphosphates (154K tons) was the main type of phosphatic fertilizer supplied to Brazil, with a 99.9% share of total imports. It was followed by phosphatic fertilizers other than superphosphates (1.5 tons), with less than 0.1% share of total imports.

From February 2022 to February 2023, the average monthly growth rate of the volume of import of superphosphates amounted to +4.2%.

In value terms, superphosphates ($36M) constituted the largest type of phosphatic fertilizer supplied to Brazil, comprising 99.9% of total imports. The second position in the ranking was held by phosphatic fertilizers other than superphosphates ($9.4K), with less than 0.1% share of total imports.

Brazil Phosphatic Fertilizer Imports by Country

In February 2023, Egypt (109K tons) constituted the largest supplier of phosphatic fertilizer to Brazil, accounting for a 71% share of total imports. Moreover, phosphatic fertilizer imports from Egypt exceeded the figures recorded by the second-largest supplier, Israel (25K tons), fourfold.

From February 2022 to February 2023, the average monthly rate of growth in terms of volume from Egypt stood at +4.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Israel (+6.5% per month) and Morocco (+17.0% per month).

In value terms, Egypt ($21M) constituted the largest supplier of phosphatic fertilizer to Brazil, comprising 59% of total imports. The second position in the ranking was held by Morocco ($9.3M), with a 26% share of total imports.

From February 2022 to February 2023, the average monthly rate of growth in terms of value from Egypt was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Morocco (+14.0% per month) and Israel (+0.2% per month).

Brazil's Phosphatic Fertilizer Prices Drop Due to Declining Global Demand and Unstable Economy

Brazil has always been a significant player in the fertilizer market, but it is currently experiencing low prices for Phosphatic fertilizer. There are several reasons that have contributed to this, primarily the declining demand for fertilizers due to the unstable global economy. Brazil's phosphatic fertilizer price might stabilize in the future, with potential increases as the global economy recovers, production slows down, and demand bounces back.

Source: IndexBox Market Intelligence Platform

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:

  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 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    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 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    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, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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