Brazil - Potassic Fertilizers (Mineral And Chemical) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBrazil's July 2023 Imports of Potassic Fertilizer Plummet to $456M
Brazil Potassic Fertilizer Imports
In July 2023, the amount of potassic fertilizers imported into Brazil reached 1.2M tons, approximately mirroring June 2023 figures. Overall, imports, however, continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in February 2023 when imports increased by 51% month-to-month.
In value terms, potassic fertilizer imports declined to $456M (IndexBox estimates) in July 2023. Over the period under review, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in March 2023 with an increase of 42% against the previous month. 
| COUNTRY | Import Value of Potassic Fertilizer in Brazil (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | |
| Canada | 705 | 454 | 412 | 306 | 94.6 | 103 | 105 | 120 | 229 | 267 | 277 | 168 | 142 |
| Russia | 378 | 164 | 73.6 | 124 | 119 | 101 | 104 | 148 | 176 | 157 | 176 | 165 | 139 |
| Belarus | 6.0 | N/A | 20.9 | 18.0 | N/A | 21.9 | 30.7 | 33.5 | 38.1 | 24.6 | 46.0 | 27.1 | 50.6 |
| Germany | 136 | 131 | 54.1 | 47.2 | 80.7 | 42.5 | 17.9 | 28.2 | 70.2 | 28.5 | 46.1 | 48.8 | 40.7 |
| Israel | 181 | 114 | 83.3 | 41.4 | 9.0 | 38.3 | 26.9 | 31.4 | 46.7 | 50.3 | 48.1 | 47.0 | 40.0 |
| Chile | 45.5 | 26.4 | 29.7 | 7.2 | N/A | N/A | N/A | 23.4 | 4.4 | N/A | 2.4 | 11.4 | 10.8 |
| Others | 7.9 | 34.6 | 4.3 | 24.9 | 8.1 | 5.5 | 15.1 | 25.7 | 19.0 | 3.6 | 3.0 | 21.9 | 33.1 |
| Total | 1,459 | 924 | 678 | 568 | 312 | 312 | 299 | 410 | 584 | 532 | 599 | 489 | 456 |
Imports by Country
Russia (367K tons), Canada (366K tons) and Belarus (150K tons) were the main suppliers of potassic fertilizer imports to Brazil, together accounting for 75% of total imports.
From July 2022 to July 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of +15.6%), while imports for the other leaders experienced a decline.
In value terms, Canada ($142M), Russia ($139M) and Belarus ($51M) constituted the largest potassic fertilizer suppliers to Brazil, with a combined 73% share of total imports.
Belarus, with a CAGR of +19.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
Imports by Type
In July 2023, potassium chloride (MOP) (1.2M tons) was the main type of potassic fertilizer supplied to Brazil, with a 100% share of total imports. It was followed by potassium sulphate (SOP) (1.2K tons), with a 0.1% share of total imports.
From July 2022 to July 2023, the average monthly rate of growth in terms of the volume of import of potassium chloride (MOP) amounted to -2.3%.
In value terms, potassium chloride (MOP) ($455M) constituted the largest type of potassic fertilizer supplied to Brazil, comprising 100% of total imports. The second position in the ranking was taken by potassium sulphate (SOP) ($889K), with a 0.2% share of total imports.
Import Prices by Country
In July 2023, the potassic fertilizer price amounted to $387 per ton (CIF, Brazil), with a decrease of -6.9% against the previous month. Overall, the import price recorded a abrupt slump. The pace of growth was the most pronounced in August 2022 when the average import price increased by 1.3% against the previous month. As a result, import price attained the peak level of $941 per ton. From September 2022 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Chile ($864 per ton), while the price for Uzbekistan ($337 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belarus (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the potassic 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 4016 -
- FCL 4017 -
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
