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

World - NPK Fertilizers - Market Analysis, Forecast, Size, Trends And Insights

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Npk fertilizer market

Npk fertilizer market: read newly released statistics featured by an Ai-driven business intelligence tool. Info cover companies, imports, trade, market prices, market size, exports, consumption, and production. There is a split by country, including EU, the U.K., the U.S., China, the Middle East, Russia, Latin America, and Africa. Market dynamics and forecast to 2030 are also featured in the snapshots.

Npk Fertilizer - World's Largest Markets

RatingCountry
1United States
2India
3Japan
4Vietnam
5Spain

In value terms, the United States led the market, alone. The second position in the ranking was occupied by India. It was followed by Japan.

From 2018 to 2020, the average annual rate of growth in terms of value in the United States was relatively modest. In the other countries, the average annual rates were as follows: India (+11.3% per year) and Japan (+0.3% per year).

NPK Fertilizer Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Russia264269234-5.9%
Morocco2662812710.9%
China371316296-10.7%
Belarus300332298-0.3%
South Korea352375328-3.5%
Poland357352333-3.4%
Norway379385347-4.3%
Belgium373371350-3.1%
Lithuania402443387-1.9%
Spain563513428-12.8%
Philippines5676046426.4%
Netherlands668663659-0.7%
Average359365338-2.9%

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($659 per ton), while Russia ($234 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Philippines, while the other global leaders experienced mixed trends in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
China457475442-1.7%
Thailand395438376-2.4%
Ukraine3323873644.7%
India376373356-2.7%
Indonesia364341354-1.4%
France396398342-7.1%
Poland327344309-2.8%
Spain352329308-6.5%
Lithuania329327296-5.1%
United Kingdom371368295-10.8%
Brazil299303281-3.1%
Ireland319312279-6.5%
Myanmar374294239-20.1%
Average382382359-3.1%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($442 per ton), while Myanmar ($239 per ton) was amongst the lowest.

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

NPK Fertilizer - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.70.70.6-3.7%
Ukraine0.40.50.4-6.2%
Brazil0.40.50.41.2%
Thailand0.30.30.3-0.2%
India0.20.20.311.4%

In value terms, the largest npk fertilizer importing markets worldwide were China ($620M), Ukraine ($394M) and Brazil ($366M), together comprising 19% of global imports. These countries were followed by Thailand, India, Poland, Spain, Lithuania, France, the UK, Indonesia, Ireland and Myanmar, which together accounted for a further 26%.

The UK (+139.6% per year) recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

NPK Fertilizer - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Russia1.61.51.3-9.7%
Norway0.80.80.7-3.6%
Belgium0.60.60.6-1.0%
China0.10.30.355.2%
Netherlands0.30.30.33.3%

In value terms, Russia ($1.3B), Norway ($747M) and Belgium ($600M) appeared to be the countries with the highest levels of exports in 2020, together accounting for 42% of global exports. These countries were followed by China, the Netherlands, Belarus, the Philippines, Morocco, Spain, Lithuania, Poland and South Korea, which together accounted for a further 33%.

Among the main exporting countries, China (+55.2% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

NPK Fertilizer - Market Forecast

Driven by increasing demand for npk fertilizer 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.

Npk Fertilizer - Product Coverage

  • HS 310520 - Fertilizers, mineral or chemical; containing the three fertilizing elements nitrogen, phosphorus and potassium

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global npk fertilizer market. 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:

  • FCL 4021 -

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

PhosAgro PJSC, Uralchem JSC, EuroChem Group, Acron, Gazprom Neftekhim Salavat, KuibyshevAzot, Minudobreniya JSC, SDS Azot, Togliattiazot, Almaz Group, Belaruskali, Yara International, Fertagro Handling NV, Sico, Alfa Laval, Anorel, Qingdao Sonef Chemical Company, Sinofert, Sinochem, Hubei Xinyangfeng Fertilizer, Wengfu Group, China XLX Fertilizer, Luxi Chemical Group, China BlueChemical, Anhui Liuguo Chemical Co., China Green Agriculture, Sichuan Chemical

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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

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

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
Store
Blog
Event
Top Import Markets for NPK Fertilizer | Key Statistics and Numbers
Oct 2, 2023
Eye 270

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.

Global NPK Fertilizer Trade Surpasses $7.5B with Rising Exports from Russia and Norway
Apr 18, 2022
Eye 624

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

The World's Best Import Markets for Diammonium Phosphate
Nov 21, 2023
Eye 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.

The Best Import Markets for Monoammonium Phosphate in the World
Oct 26, 2023
Eye 167

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.

The World's Top Import Markets for Fertilizer
Oct 23, 2023
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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.

The World's Best Import Markets for Fertilizers
Jun 23, 2023
Eye 337

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.

Fertilizer Prices Spike and Will Continue Rallying Next Year
Dec 17, 2021
Eye 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.

Free Data: Mixed Nitrogen, Phosphorus and Potassium Fertilizers - World