Mixed phosphorus and potassium fertilizers market

Mixed phosphorus and potassium fertilizers market: read newly released datasets empowered by an Ai-driven market intelligence tool. Facts and figures cover market prices, trade, exports, companies, imports, production, consumption, and market size. Here is a split by country, including Russia, EU, Latin America, the U.K., China, the U.S., the Middle East, and Africa. Market trends and outlook to 2030 are also featured in the reports.

Mixed Phosphorus and Potassium Fertilizers - World's Largest Markets

RatingCountry
1Japan
2China
3Mexico
4Indonesia
5Turkey

In value terms, Japan, China and Mexico were the countries with the highest levels of market value in 2020, with a combined 42% share of the global market. These countries were followed by Indonesia, Turkey, Russia, Brazil, the United States, Pakistan, Germany, France, South Korea and the UK, which together accounted for a further 25%.

In terms of the main consuming countries, Indonesia saw the highest rates of growth with regard to market size, over the period under review, while mixed phosphorus and potassium fertilizers market for the other global leaders experienced more modest paces of growth.

Mixed Phosphorus and Potassium Fertilizers Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Germany489328247-28.9%
Omann/an/a2520.0%
Belgium2402452573.5%
Poland2452692572.4%
Netherlands315314302-2.1%
Serbia367365362-0.7%
Turkey9871150372-38.6%
Denmark36938945911.5%
United Kingdom11861012780-18.9%
Israel1261980175718.0%
Average4364234855.5%

Prices varied noticeably by the country of origin; the country with the highest price was Israel ($1,757 per ton), while Germany ($247 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Israel, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
India111511051093-1.0%
Netherlands612528434-15.8%
United Kingdom411423405-0.7%
Croatia381402369-1.6%
Brazil639628363-24.6%
Belgium600554351-23.5%
Haiti364336322-5.9%
Poland318349289-4.7%
Germany292292283-1.6%
France2462842592.6%
Myanmar328332255-11.8%
Average466453394-8.1%

Prices varied noticeably by the country of destination; the country with the highest price was India ($1,093 per ton), while Myanmar ($255 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced a decline in the import price figures.

Mixed Phosphorus and Potassium Fertilizers - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
Myanmar192276102.0%
France51797218.6%
India35304716.6%
Brazil3.51521141.2%
Germany14171812.1%

In value terms, the largest mixed phosphorus and potassium fertilizers importing markets worldwide were Myanmar ($76M), France ($72M) and India ($47M), together accounting for 45% of global imports. Brazil, Germany, Poland, the Netherlands, Belgium, Croatia, the UK and Haiti lagged somewhat behind, together comprising a further 24%.

Brazil (+141.2% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Mixed Phosphorus and Potassium Fertilizers - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Israel475710146.6%
Netherlands739010017.4%
Belgium17202211.8%
United Kingdom7.2142065.7%
Germany373916-33.2%

In value terms, Israel ($101M), the Netherlands ($100M) and Belgium ($22M) constituted the countries with the highest levels of exports in 2020, with a combined 61% share of global exports. These countries were followed by the UK, Germany, Serbia, Denmark, Poland, Turkey and Oman, which together accounted for a further 20%.

Turkey (+299.7% per year) recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Mixed Phosphorus and Potassium Fertilizers - Market Forecast

Driven by increasing demand for mixed phosphorus and potassium fertilizers worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Mixed Phosphorus and Potassium Fertilizers - Product Coverage

  • HS 310560 - Fertilizers, mineral or chemical; containing the two fertilizing elements phosphorus and potassium
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Discover the latest trends in the global NPK fertilizer market and learn about the projected growth in consumption and value over the next six years.

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Global trade in NPK fertilizers steadily rises, with the leading exporters, Russia and Norway, ramp up supplies actively. 

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