World - NPK Fertilizers - Market Analysis, Forecast, Size, Trends And Insights
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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
Rating | Country |
---|---|
1 | United States |
2 | India |
3 | Japan |
4 | Vietnam |
5 | Spain |
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
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Russia | 264 | 269 | 234 | -5.9% |
Morocco | 266 | 281 | 271 | 0.9% |
China | 371 | 316 | 296 | -10.7% |
Belarus | 300 | 332 | 298 | -0.3% |
South Korea | 352 | 375 | 328 | -3.5% |
Poland | 357 | 352 | 333 | -3.4% |
Norway | 379 | 385 | 347 | -4.3% |
Belgium | 373 | 371 | 350 | -3.1% |
Lithuania | 402 | 443 | 387 | -1.9% |
Spain | 563 | 513 | 428 | -12.8% |
Philippines | 567 | 604 | 642 | 6.4% |
Netherlands | 668 | 663 | 659 | -0.7% |
Average | 359 | 365 | 338 | -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
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
China | 457 | 475 | 442 | -1.7% |
Thailand | 395 | 438 | 376 | -2.4% |
Ukraine | 332 | 387 | 364 | 4.7% |
India | 376 | 373 | 356 | -2.7% |
Indonesia | 364 | 341 | 354 | -1.4% |
France | 396 | 398 | 342 | -7.1% |
Poland | 327 | 344 | 309 | -2.8% |
Spain | 352 | 329 | 308 | -6.5% |
Lithuania | 329 | 327 | 296 | -5.1% |
United Kingdom | 371 | 368 | 295 | -10.8% |
Brazil | 299 | 303 | 281 | -3.1% |
Ireland | 319 | 312 | 279 | -6.5% |
Myanmar | 374 | 294 | 239 | -20.1% |
Average | 382 | 382 | 359 | -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
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
China | 0.7 | 0.7 | 0.6 | -3.7% |
Ukraine | 0.4 | 0.5 | 0.4 | -6.2% |
Brazil | 0.4 | 0.5 | 0.4 | 1.2% |
Thailand | 0.3 | 0.3 | 0.3 | -0.2% |
India | 0.2 | 0.2 | 0.3 | 11.4% |
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
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Russia | 1.6 | 1.5 | 1.3 | -9.7% |
Norway | 0.8 | 0.8 | 0.7 | -3.6% |
Belgium | 0.6 | 0.6 | 0.6 | -1.0% |
China | 0.1 | 0.3 | 0.3 | 55.2% |
Netherlands | 0.3 | 0.3 | 0.3 | 3.3% |
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
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:
- USA
- 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
+ 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:
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. 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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global npk fertilizer market.
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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 trade in NPK fertilizers steadily rises, with the leading exporters, Russia and Norway, ramp up supplies actively.
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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.
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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.