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World - NPK Fertilizers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

World - NPK Fertilizers - Market Analysis, Forecast, Size, Trends And Insights

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Oct 2, 2023

Top Import Markets for NPK Fertilizer | Key Statistics and Numbers

When it comes to NPK (Nitrogen, Phosphorus, and Potassium) fertilizer, certain countries stand out as the world's top import markets. These countries play a crucial role in meeting the global demand for agricultural fertilizers, which are essential for enhancing crop yields and ensuring food security. In this article, we will explore the top five import markets for NPK fertilizer and delve into key statistics and numbers.

1. Brazil

Brazil, known for its vast agricultural lands and large-scale farming operations, tops the chart as the world's leading importer of NPK fertilizer. In 2022, Brazil imported NPK fertilizer worth a staggering 1.5 billion USD. The country's reliance on imported fertilizer can be attributed to its immense agricultural industry, which encompasses various crops, including soybeans, corn, and sugarcane. With a growing population and increasing demand for food, Brazil relies on NPK fertilizer to optimize crop growth and productivity.

2. India

India, the second-largest import market for NPK fertilizer, imported approximately 912.0 million USD worth of NPK fertilizer in 2022. As one of the world's most populous countries, India faces the challenge of feeding its large population. With a significant agricultural sector and diverse croplands, the demand for NPK fertilizer remains high. The increased adoption of modern agricultural practices and the need for sustainable farming contribute to India's dependence on NPK fertilizer imports.

3. China

China, the global agricultural powerhouse, ranks third in terms of NPK fertilizer imports. In 2022, China imported NPK fertilizer worth 517.0 million USD. Despite being a major producer of fertilizer, China's domestic production cannot meet the country's soaring demand. As the world's largest consumer of fertilizers, China relies on imports to supplement its requirements. The country's emphasis on achieving high crop yields and supporting its vast agricultural sector drives the demand for NPK fertilizer imports.

4. Thailand

Thailand, renowned for its tropical climate and fertile agricultural lands, occupies the fourth spot on the list of top import markets for NPK fertilizer. In 2022, Thailand imported approximately 437.0 million USD worth of NPK fertilizer. With a thriving agricultural sector that encompasses various crops like rice, sugarcane, and rubber, Thailand heavily relies on NPK fertilizer imports to maintain and boost crop production. The country's commitment to agricultural sustainability and the need for enhancing soil fertility contribute to its significant imports.

5. Spain

Spain, known for its extensive agricultural activities and favorable climate conditions, ranks fifth among the world's best import markets for NPK fertilizer. In 2022, Spain imported NPK fertilizer worth 371.1 million USD. The country's diverse agricultural sector, which includes crops like cereals, fruits, and vegetables, creates a substantial demand for NPK fertilizer. Spain's aim to enhance crop productivity, improve soil fertility, and ensure sustainable farming practices drives its reliance on imported NPK fertilizer. These top import markets not only reflect the global demand for NPK fertilizer but also highlight the significance of fertilizers in supporting agriculture and food production. The increasing population, changing dietary habits, and agricultural advancements necessitate the availability of high-quality fertilizers to maximize crop yields.

In conclusion, the world's best import markets for NPK fertilizer, including Brazil, India, China, Thailand, and Spain, play a pivotal role in meeting the global demand for agricultural fertilizers. These countries depend on NPK fertilizer imports to support their agricultural sectors, enhance crop productivity, and ensure food security. Understanding the dynamics and key statistics of these import markets is crucial for businesses and policymakers aiming to capitalize on the growing demand for NPK fertilizer.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global npk fertilizer market. 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 4021 -

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

PhosAgro PJSC, Uralchem JSC, EuroChem Group, Acron, Gazprom Neftekhim Salavat, KuibyshevAzot, Minudobreniya JSC, SDS Azot, Togliattiazot, Almaz Group, Belaruskali, Yara International, Fertagro Handling NV, Sico, Alfa Laval, Anorel, Qingdao Sonef Chemical Company, Sinofert, Sinochem, Hubei Xinyangfeng Fertilizer, Wengfu Group, China XLX Fertilizer, Luxi Chemical Group, China BlueChemical, Anhui Liuguo Chemical Co., China Green Agriculture, Sichuan Chemical

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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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