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U.S. Phosphatic Fertilizer Market. Analysis And Forecast to 2030

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Jun 11, 2023

U.S. Phosphatic Fertilizer Import Slumps 19% to $577M in April 2023

U.S. Phosphatic Fertilizer Imports

In April 2023, imports of phosphatic fertilizers into the United States declined to 1.4M tons, with a decrease of -5.7% on the month before. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 with an increase of 33% m-o-m.

In value terms, phosphatic fertilizer imports shrank markedly to $577M (IndexBox estimates) in April 2023. Overall, imports saw a perceptible downturn. The most prominent rate of growth was recorded in August 2022 when imports increased by 30% m-o-m. As a result, imports reached the peak of $798M. From September 2022 to April 2023, the growth of imports failed to regain momentum.

COUNTRY	Import Value of Phosphatic Fertilizer in U.S. (million USD)
COUNTRY	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023
Canada	505	506	448	356	545	387	419	412	329	398	395	386	422
Morocco	2.5	9.9	1.8	27.3	18.3	51.2	19.3	28.5	3.3	19.6	15.9	9.7	36.4
Russia	61.3	14.1	43.8	67.2	71.0	113	93.5	64.5	89.4	49.6	75.8	19.1	35.7
Israel	82.9	9.7	12.4	59.7	42.2	71.8	79.3	15.1	59.5	76.3	15.7	43.6	28.0
Mexico	25.8	8.3	20.0	23.3	23.6	41.7	26.2	12.7	19.6	50.0	11.4	22.4	10.9
Saudi Arabia	27.8	20.0	73.6	N/A	43.2	67.4	34.3	43.1	N/A	35.1	37.6	111	N/A
Others	51.4	58.9	50.4	81.8	54.8	31.5	96.0	150	67.6	31.8	48.3	123	44.1
Total	756	627	650	615	798	764	768	726	568	661	600	715	577

Imports by Country

In April 2023, Canada (1.2M tons) constituted the largest supplier of phosphatic fertilizer to the United States, with a 83% share of total imports. Moreover, phosphatic fertilizer imports from Canada exceeded the figures recorded by the second-largest supplier, Russia (94K tons), more than tenfold. Morocco (51K tons) ranked third in terms of total imports with a 3.7% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of volume from Canada totaled +1.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Russia (+1.5% per month) and Morocco (+26.8% per month).

In value terms, Canada ($422M) constituted the largest supplier of phosphatic fertilizer to the United States, comprising 73% of total imports. The second position in the ranking was held by Morocco ($36M), with a 6.3% share of total imports. It was followed by Russia, with a 6.2% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of value from Canada totaled -1.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Morocco (+25.1% per month) and Russia (-4.4% per month).

Import Prices by Country

In April 2023, the phosphatic fertilizer price amounted to $415 per ton (CIF, US), with a decrease of -14.5% against the previous month. In general, the import price saw a perceptible descent. The most prominent rate of growth was recorded in June 2022 when the average import price increased by 6.8% month-to-month. The import price peaked at $683 per ton in October 2022; however, from November 2022 to April 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($1,034 per ton), while the price for Canada ($366 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Mexico (+2.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the phosphatic fertilizer market in the U.S.. 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:

NAICS 325312 - Phosphatic fertilizer manufacturing

Companies mentioned:

The Mosaic Company
Innophos Holdings
Mosaic Fertilizer
Howard Fertilizer & Chemical Company
Cargill Cfi
Simplot Phosphates
Growers Fertilizer Corporation
Rentech Nitrogen Pasadena
Western Blend
os Holdings
Mosaic Crop Nutrition
Phosphate Resource Partners Limited Partnership
Pro-Boll Chemical & Fertilizer Co.
Mosaic Global Operations
Prayon
Simplot Phosphates
Cytozyme Laboratories
Nu-West Industries
Mosaic Global Holdings
Phosphate Holdings
Randan Agri-Service
Innophos Investments Holdings
Tetra Micronutrients
Innophos Investments II
Mosaic Global Sales

Country coverage:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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

U.S. Phosphatic Fertilizer Market. Analysis And Forecast to 2030

U.S. Phosphatic Fertilizer Import Slumps 19% to $577M in April 2023

U.S. Phosphatic Fertilizer Imports

Imports by Country

Import Prices by Country

Product coverage:

Companies mentioned:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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