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
| Rating | Country |
|---|---|
| 1 | Japan |
| 2 | China |
| 3 | Mexico |
| 4 | Indonesia |
| 5 | Turkey |
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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Germany | 489 | 328 | 247 | -28.9% |
| Oman | n/a | n/a | 252 | 0.0% |
| Belgium | 240 | 245 | 257 | 3.5% |
| Poland | 245 | 269 | 257 | 2.4% |
| Netherlands | 315 | 314 | 302 | -2.1% |
| Serbia | 367 | 365 | 362 | -0.7% |
| Turkey | 987 | 1150 | 372 | -38.6% |
| Denmark | 369 | 389 | 459 | 11.5% |
| United Kingdom | 1186 | 1012 | 780 | -18.9% |
| Israel | 1261 | 980 | 1757 | 18.0% |
| Average | 436 | 423 | 485 | 5.5% |
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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| India | 1115 | 1105 | 1093 | -1.0% |
| Netherlands | 612 | 528 | 434 | -15.8% |
| United Kingdom | 411 | 423 | 405 | -0.7% |
| Croatia | 381 | 402 | 369 | -1.6% |
| Brazil | 639 | 628 | 363 | -24.6% |
| Belgium | 600 | 554 | 351 | -23.5% |
| Haiti | 364 | 336 | 322 | -5.9% |
| Poland | 318 | 349 | 289 | -4.7% |
| Germany | 292 | 292 | 283 | -1.6% |
| France | 246 | 284 | 259 | 2.6% |
| Myanmar | 328 | 332 | 255 | -11.8% |
| Average | 466 | 453 | 394 | -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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Myanmar | 19 | 22 | 76 | 102.0% |
| France | 51 | 79 | 72 | 18.6% |
| India | 35 | 30 | 47 | 16.6% |
| Brazil | 3.5 | 15 | 21 | 141.2% |
| Germany | 14 | 17 | 18 | 12.1% |
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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Israel | 47 | 57 | 101 | 46.6% |
| Netherlands | 73 | 90 | 100 | 17.4% |
| Belgium | 17 | 20 | 22 | 11.8% |
| United Kingdom | 7.2 | 14 | 20 | 65.7% |
| Germany | 37 | 39 | 16 | -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
223
This report provides an in-depth analysis of the global mixed fertilizer market.
700
This report provides an in-depth analysis of the global diammonium phosphate market.
1790
This report provides an in-depth analysis of the global monoammonium phosphate market.
2752
This report provides an in-depth analysis of the global npk fertilizer market.
2571
This report provides an in-depth analysis of the global fertilizer market.
184
Explore the top import markets for diammonium phosphate based on data from the IndexBox market intelligence platform. Discover the key statistics and numbers for countries like India, Bangladesh, Pakistan, Japan, and more.
168
Monoammonium phosphate (MAP) is a widely used fertiliser that provides essential nutrients to plants, promoting healthy growth and increasing crop yields. This article explores the top import markets for MAP, including Brazil, Canada, Australia, Argentina, the United States, India, South Africa, Mexico, Paraguay, and Japan. These countries have significant agricultural industries and high demand for MAP to support their crop productivity.
271
Explore the top import markets for NPK fertilizer and delve into key statistics and numbers. Brazil, India, China, Thailand, and Spain are the world's leading markets. Learn about their reliance on imported fertilizer and the role it plays in meeting the global demand for agricultural fertilizers.
625
Global trade in NPK fertilizers steadily rises, with the leading exporters, Russia and Norway, ramp up supplies actively.
236
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.
338
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.
1151
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.
