Non-superphosphate phosphatic fertilizer market
Non-superphosphate phosphatic fertilizer market: enjoy new info empowered by an Ai-driven market research platform. Data contain companies, trade, production, market size, exports, imports, consumption, and market prices. Here is a breakdown by region, including Latin America, China, the U.K., Africa, the U.S., Russia, the Middle East, and EU. Market trends and outlook to 2030 are also provided in the dashboards.
Non-superphosphate Phosphatic Fertilizer - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Indonesia |
| 2 | Cambodia |
| 3 | Kazakhstan |
| 4 | Brazil |
| 5 | Jordan |
In value terms, Indonesia, Cambodia and Kazakhstan were the countries with the highest levels of market value in 2020, with a combined 35% share of the global market.
Among the main consuming countries, Cambodia saw the highest growth rate of market size, over the period under review, while phosphatic fertilizers other than superphosphates market for the other global leaders experienced more modest paces of growth.
Phosphatic Fertilizers other than Superphosphates Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Egypt | 121 | 119 | 120 | -0.4% |
| Morocco | 129 | 132 | 125 | -1.6% |
| Algeria | 134 | 111 | 125 | -3.4% |
| China | 172 | 196 | 196 | 6.7% |
| Thailand | 311 | 292 | 257 | -9.1% |
| Spain | 358 | 346 | 284 | -10.9% |
| Peru | 207 | 249 | 299 | 20.2% |
| Vietnam | 353 | 372 | 392 | 5.4% |
| Average | 195 | 187 | 174 | -5.5% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Vietnam ($392 per ton), while Egypt ($120 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Peru, 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 | ||||
| Cambodia | 321 | 359 | 332 | 1.7% |
| Japan | 319 | 292 | 312 | -1.1% |
| Romania | 135 | 139 | 131 | -1.5% |
| Malaysia | 117 | 120 | 109 | -3.5% |
| Indonesia | 76 | 71 | 70 | -4.0% |
| Average | 128 | 151 | 144 | 5.9% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Cambodia ($332 per ton), while Indonesia ($70 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Cambodia, while the other global leaders experienced a decline in the import price figures.
Phosphatic Fertilizers Other Than Superphosphates - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Indonesia | 102 | 63 | 76 | -13.7% |
| Cambodia | 49 | 78 | 76 | 24.7% |
| Malaysia | 49 | 26 | 28 | -24.9% |
| Romania | 26 | 24 | 19 | -14.1% |
| Japan | 9.5 | 8.6 | 9.4 | -0.6% |
In value terms, the largest phosphatic fertilizers other than superphosphates importing markets worldwide were Indonesia ($76M), Cambodia ($76M) and Malaysia ($28M), with a combined 64% share of global imports.
Cambodia saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.
Phosphatic Fertilizers Other Than Superphosphates - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Egypt | 81 | 89 | 104 | 12.9% |
| Peru | 17 | 18 | 20 | 8.7% |
| Thailand | 1.5 | 3.5 | 19 | 257.9% |
| Morocco | 24 | 21 | 18 | -14.5% |
| Vietnam | 12 | 13 | 13 | 3.0% |
In value terms, Egypt ($104M) remains the largest phosphatic fertilizers other than superphosphates supplier worldwide, comprising 42% of global exports. The second position in the ranking was occupied by Peru ($20M), with a 8.1% share of global exports. It was followed by Thailand, with a 7.8% share.
From 2018 to 2020, the average annual rate of growth in terms of value in Egypt amounted to +12.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (+8.7% per year) and Thailand (+257.9% per year).
Phosphatic Fertilizers Other Than Superphosphates - Market Forecast
Driven by rising demand for phosphatic fertilizers other than superphosphates worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, 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.
Non-superphosphate Phosphatic Fertilizer - Product Coverage
- HS 310390 - Fertilizers, mineral or chemical; phosphatic, n.e.s. in heading no. 3103
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