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

China - Mixed Fertilizers - Market Analysis, Forecast, Size, Trends And Insights

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Mixed Fertilizer Prices in China

China Mixed Fertilizer Export Price in September 2022

In September 2022, the mixed fertilizer price stood at $884 per ton (FOB, China), stabilizing at the previous month. Over the last eight months, it increased at an average monthly rate of +3.8%. The growth pace was the most rapid in March 2022 when the average export price increased by 11% month-to-month. Over the period under review, the average export prices reached the peak figure at $888 per ton in August 2022, and then shrank in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($1,338 per ton), while the average price for exports to the Philippines ($609 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 Bangladesh (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

China Mixed Fertilizer Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was monoammonium phosphate (MAP) ($1,000 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 ($548 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: monoammonium phosphate (+5.3%), while the prices for the other products experienced more modest paces of growth.

China Mixed Fertilizer Exports

For the fifth month in a row, China recorded growth in overseas shipments of mixed fertilizers, which increased by 5.3% to 866K tons in September 2022. Overall, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in March 2022 when exports increased by 197% month-to-month. Over the period under review, the exports hit record highs in September 2022.

In value terms, mixed fertilizer exports stood at $766M (IndexBox estimates) in September 2022. Over the period under review, exports recorded resilient growth. The most prominent rate of growth was recorded in March 2022 when exports increased by 231% against the previous month. The exports peaked in September 2022.

China Mixed Fertilizer Exports by Type

Diammonium phosphate (469K tons), monoammonium phosphate (MAP) (243K tons) and mixed nitrogen, phosphorus and potassium (NPK) fertilizers (92K tons) were the main products of mixed fertilizer exports from China, together comprising 93% 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 7.2%.

From January 2022 to September 2022, the biggest increases were in NPK fertilizer (with a CAGR of +32.5%), while shipments for the other products experienced more modest paces of growth.

In value terms, the most traded types of mixed fertilizers in China were diammonium phosphate ($429M), monoammonium phosphate (MAP) ($243M) and mixed nitrogen, phosphorus and potassium (NPK) fertilizers ($60M), together accounting for 95% 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 4.5%.

NPK fertilizer, with a CAGR of +35.1%, saw the highest growth rate of 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

Bangladesh (220K tons), India (140K tons) and Pakistan (62K tons) were the main destinations of mixed fertilizer exports from China, with a combined 49% share of total exports. These countries were followed by the Philippines, Brazil, Japan, Australia, Vietnam, Malaysia, South Korea, Indonesia, Turkey and Thailand, which together accounted for a further 39%.

From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +70.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mixed fertilizer exported from China were Bangladesh ($199M), India ($125M) and Japan ($56M), with a combined 50% share of total exports. Pakistan, Brazil, Australia, the Philippines, Vietnam, Turkey, South Korea, Malaysia, Indonesia and Thailand lagged somewhat behind, together accounting for a further 37%.

In terms of the main countries of destination, Malaysia, with a CAGR of +73.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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:

  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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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
  12. 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
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Free Data: Mixed Fertilizers - China