China - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFertilizer Prices in China
China Fertilizer Export Price in September 2022
In September 2022, the fertilizer price stood at $462 per ton (FOB, China), which is down by -8.3% against the previous month. Overall, the export price, however, showed slight growth. The pace of growth was the most pronounced in May 2022 when the average export price increased by 9% m-o-m. Over the period under review, the average export prices attained the maximum at $549 per ton in July 2022; however, from August 2022 to September 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Bangladesh ($879 per ton), while the average price for exports to Myanmar ($294 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
China Fertilizer Export Prices by Type
Prices varied noticeably by the product type; the product with the highest price was potassium nitrates ($1,279 per ton), while the average price for exports of ammonium sulphate ($232 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers (+17.8%), while the prices for the other products experienced more modest paces of growth.
China Fertilizer Exports
For the fourth consecutive month, China recorded growth in overseas shipments of fertilizers, which increased by 14% to 3.1M tons in September 2022. Over the period under review, exports continue to indicate a remarkable increase. The growth pace was the most rapid in March 2022 with an increase of 55% month-to-month. Over the period under review, the exports attained the peak figure in September 2022.
In value terms, fertilizer exports expanded slightly to $1.4B (IndexBox estimates) in September 2022. Overall, exports enjoyed a prominent increase. The pace of growth was the most pronounced in March 2022 when exports increased by 63% against the previous month. The exports peaked in September 2022.
China Fertilizer Exports by Type
Ammonium sulphate (1.8M tons) was the largest type of fertilizer exported from China, accounting for a 57% share of total exports. Moreover, ammonium sulphate exceeded the volume of the second product type, diammonium phosphate (469K tons), fourfold. Urea (347K tons) ranked third in terms of total exports with an 11% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of the volume of export of ammonium sulphate stood at +7.9%. With regard to the other exported products, the following average monthly rates of growth were recorded: diammonium phosphate (+8.2% per month) and urea (+19.2% per month).
In value terms, diammonium phosphate ($429M), ammonium sulphate ($408M) and monoammonium phosphate (MAP) ($243M) were the most exported types of fertilizers from China worldwide, together accounting for 76% of total exports. These products were followed by urea, mixed nitrogen, phosphorus and potassium (NPK) fertilizers, superphosphates, mixed nitrogen and phosphorus (NP) fertilizers, potassium nitrates, nitrogenous fertilizers n.e.c., carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers, potassium chloride (MOP), sodium nitrate, ammonium nitrate, phosphatic fertilizers other than superphosphates and mixed phosphorus and potassium (PK) fertilizers, which together accounted for a further 24%.
In terms of the main product categories, NPK fertilizer, with a CAGR of +35.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other products experienced more modest paces of growth.
China Fertilizer Exports by Country
Brazil (821K tons) was the main destination for fertilizer exports from China, accounting for a 27% share of total exports. Moreover, fertilizer exports to Brazil exceeded the volume sent to the second major destination, India (400K tons), twofold. The third position in this ranking was held by Bangladesh (229K tons), with a 7.4% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of volume to Brazil stood at +13.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: India (+12.1% per month) and Bangladesh (+212.7% per month).
In value terms, India ($249M), Brazil ($247M) and Bangladesh ($201M) were the largest markets for fertilizer exported from China worldwide, together accounting for 49% of total exports.
Bangladesh, with a CAGR of +221.8%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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 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:
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- FCL 4002 -
- FCL 4003 -
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- FCL 4016 -
- FCL 4021 -
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- FCL 4022 -
- FCL 4027 -
- FCL 4024 -
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- FCL 4012 -
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- FCL 4018 -
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
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This report provides an in-depth analysis of the fertilizer market in China.
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This report provides an in-depth analysis of the urea market in China.
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This report provides an in-depth analysis of the ammonium sulphate market in China.
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This report provides an in-depth analysis of the market for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution in China.
545
This report provides an in-depth analysis of the nitrogenous fertilizer market in China.
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This report provides an in-depth analysis of the market for calcium ammonium nitrate (can) in China.
444
This report provides an in-depth analysis of the sodium nitrate market in China.
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This report provides an in-depth analysis of the ammonium nitrate market in China.
187
This report provides an in-depth analysis of the market for iron or steel can in China.
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This report provides an in-depth analysis of the global fertilizer market.
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Urea exports in June 2023 reached a staggering value of $85M.
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From January-August 2021, China exported 6.3M tons of ammonium sulphate worth over $1B. Compared to the same period a year earlier, supplies abroad soared by 23.5% in physical terms and by 75% in value terms. Brazil is the prime importer, accounting for 29% of China's ammonium sulphate exports. In the first eight months of this year, Brazil purchases from China totalled 1.5M tons, increasing by 34% against the same period of 2020. Over the last decade, China became the most significant ammonium sulphate supplier worldwide, ramping up shipments from 0.8M to 8.7M tons and emerging as the fastest-growing exporter.
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Learn about the successful market entry strategy for nitrogenous fertilizers in China, including official data sources, help from authorities, and key trade shows and exhibitions. Discover valuable insights to navigate China's fertilizer market and leverage opportunities for growth.
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In September 2022, the ammonium nitrate price amounted to $551 per ton (FOB, China), declining by -20.7% against the previous month.
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From 2010 to 2020, China's iron and steel can exports soared from 469M units to 1.9B units. In value terms, supplies rose from $66M to $537M.
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Explore the top import markets for fertilizer worldwide, including Brazil, India, the United States, China, and more. Discover key statistics and import values provided by the IndexBox market intelligence platform.
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Discover the top import markets for fertilizers, including Brazil, India, the United States, China, and France. Explore their import values and the factors driving the demand for fertilizers in these countries.
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Fertilizer prices continue to ramp up due to a shortage in supply caused by lower output in EU countries. High natural gas costs shape that growth because gas accounts for up to 80% of variable costs in nitrogen fertilizer production. Urea prices spiked exceptionally high to $900 per ton in November 2021, gaining 30% against the previous month. Phosphate rock price rose by 4%, while diammonium phosphate and triple superphosphate were both up by 8%. Next year, fertilizer prices are projected to climb further due to a continued shortage in supply, but if costs for natural gas maintain their downward trend, they will hold the price increases back.
207
Explore the top import markets for urea, including India, Brazil, United States, Australia, and more. Learn about their import values and key statistics.
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Urea price soared by +46% in October 2021, reaching $612.5 per ton, according to the latest World Bank's data. The spike was caused by a sharp slump in the world's production, as many producers have suspended manufacturing owing to skyrocketing natural gas prices and energy resource shortages. Russia, China and Egypt remain the key urea suppliers, while India, Brazil and the U.S. lead the world import ranking.
