China - Mixed Fertilizers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice of Mixed Fertilizer in China Drops 9% to $641 per Ton
China Mixed Fertilizer Export Price in February 2023
In February 2023, the mixed fertilizer price stood at $641 per ton (FOB, China), dropping by -9.2% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2022 when the average export price increased by 11% m-o-m. The export price peaked at $888 per ton in August 2022; however, from September 2022 to February 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In February 2023, the country with the highest price was Bangladesh ($4,146 per ton), while the average price for exports to the Philippines ($423 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.
| COUNTRY | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Export Price Mixed Fertilizer in China (USD per kg) | |||||||||||||
| Bangladesh | 0.6 | 0.6 | N/A | 0.6 | N/A | 4.2 | 0.9 | 0.9 | 1.0 | 1.2 | N/A | N/A | 4.1 |
| Japan | 0.7 | 0.8 | 0.7 | 1.0 | 1.0 | 1.1 | 0.9 | 1.0 | 0.8 | 0.8 | 0.9 | 0.8 | 0.8 |
| Australia | 0.7 | 0.7 | 0.8 | 1.2 | 1.1 | 1.2 | 1.0 | 0.9 | 0.7 | 0.8 | 0.7 | 0.7 | 0.7 |
| India | 0.8 | 0.8 | 0.8 | 0.9 | 0.8 | 1.0 | 0.9 | 0.9 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 |
| Brazil | N/A | 1.2 | 0.6 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.9 | 0.9 | 0.9 | 0.8 | 0.6 |
| Pakistan | N/A | 0.9 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 0.6 |
| Vietnam | 0.6 | 0.7 | 0.6 | 0.5 | 0.6 | 0.6 | 0.8 | 0.8 | 0.6 | 0.7 | 0.7 | 0.5 | 0.6 |
| Thailand | 0.6 | 0.7 | 0.8 | 0.7 | 0.8 | 0.8 | 0.9 | 0.7 | 0.7 | 0.7 | 0.8 | 0.6 | 0.6 |
| Philippines | 0.4 | 0.5 | 0.3 | 0.4 | 0.7 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.6 | 0.6 | 0.4 |
| Malaysia | 0.6 | 0.5 | 0.6 | 0.7 | 0.6 | 0.6 | 0.7 | 0.7 | 0.5 | 0.6 | 0.6 | 0.5 | 0.4 |
| Average | 0.6 | 0.7 | 0.7 | 0.7 | 0.8 | 0.9 | 0.9 | 0.9 | 0.8 | 0.7 | 0.7 | 0.7 | 0.6 |
China Mixed Fertilizer Export Prices by Type
Prices varied noticeably by the product type; the product with the highest price was mixed phosphorus and potassium (PK) fertilizers ($883 per ton), while the average price for exports of fertilizers, mineral or chemical; containing the two fertilizing elements nitrogen and phosphorus, other than nitrates and phosphates ($374 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for the following types: mixed phosphorus and potassium fertilizers (+1.4%), while the prices for the other products experienced more modest paces of growth.
China Mixed Fertilizer Exports
In February 2023, the amount of mixed fertilizers exported from China dropped significantly to 361K tons, reducing by -35.4% on January 2023 figures. Over the period under review, exports, however, recorded a prominent increase. The pace of growth was the most pronounced in March 2022 when exports increased by 197% against the previous month. Over the period under review, the exports hit record highs at 882K tons in October 2022; however, from November 2022 to February 2023, the exports stood at a somewhat lower figure.
In value terms, mixed fertilizer exports fell markedly to $231M (IndexBox estimates) in February 2023. In general, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in March 2022 when exports increased by 231% against the previous month. The exports peaked at 766K tons in September 2022; however, from October 2022 to February 2023, the exports remained at a lower figure.
China Mixed Fertilizer Exports by Type
Monoammonium phosphate (MAP) (147K tons), diammonium phosphate (94K tons) and mixed nitrogen, phosphorus and potassium (NPK) fertilizers (67K tons) were the main products of mixed fertilizer exports from China, together accounting for 85% of total exports. Fertilizers, mineral or chemical; containing the two fertilizing elements nitrogen and phosphorus, other than nitrates and phosphates and mixed phosphorus and potassium (PK) fertilizers lagged somewhat behind, together accounting for a further 15%.
From February 2022 to February 2023, the biggest increases were in NPK fertilizer (with a CAGR of +20.4%), while shipments for the other products experienced more modest paces of growth.
In value terms, monoammonium phosphate (MAP) ($103M), diammonium phosphate ($67M) and mixed nitrogen, phosphorus and potassium (NPK) fertilizers ($41M) constituted the most exported types of mixed fertilizers from China worldwide, with a combined 91% share of total exports. These products were followed by fertilizers, mineral or chemical; containing the two fertilizing elements nitrogen and phosphorus, other than nitrates and phosphates and mixed phosphorus and potassium (PK) fertilizers, which together accounted for a further 8.8%.
NPK fertilizer, with a CAGR of +21.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main product categories over the period under review, while shipments for the other products experienced more modest paces of growth.
China Mixed Fertilizer Exports by Country
Australia (70K tons), Brazil (58K tons) and India (39K tons) were the main destinations of mixed fertilizer exports from China, with a combined 46% share of total exports.
From February 2022 to February 2023, the biggest increases were in Brazil (with a CAGR of +51.5%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Australia ($51M), Brazil ($33M) and India ($29M) constituted the largest markets for mixed fertilizer exported from China worldwide, together accounting for 49% of total exports.
In terms of the main countries of destination, Brazil, with a CAGR of +41.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the mixed fertilizer market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
