Argentina: Mixed Fertilizer Market 2025

Mixed Fertilizer Market Size in Argentina

For the third consecutive year, the Argentinian mixed fertilizer market recorded growth in sales value, which increased by 18% to $X in 2022. Overall, consumption, however, recorded a strong expansion. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Mixed Fertilizer Exports

Exports from Argentina

In 2022, approx. X tons of mixed fertilizers were exported from Argentina; waning by -27.3% on 2021. In general, exports saw a abrupt downturn. The growth pace was the most rapid in 2018 when exports increased by 134% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, mixed fertilizer exports expanded modestly to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 134%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Brazil (X tons), Bolivia (X tons) and Paraguay (X tons) were the main destinations of mixed fertilizer exports from Argentina, together accounting for 95% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +21.7%), while the other leaders experienced a decline.

In value terms, Brazil ($X), Bolivia ($X) and South Africa ($X) appeared to be the largest markets for mixed fertilizer exported from Argentina worldwide, together accounting for 98% of total exports.

Brazil, with a CAGR of +32.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average mixed fertilizer export price amounted to $X per ton, surging by 44% against the previous year. Overall, the export price enjoyed a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Belize ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+38.6%), while the prices for the other major destinations experienced more modest paces of growth.

Mixed Fertilizer Imports

Imports into Argentina

After two years of growth, purchases abroad of mixed fertilizers decreased by -11.8% to X tons in 2022. Over the period under review, total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when imports increased by 77% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then declined in the following year.

In value terms, mixed fertilizer imports skyrocketed to $X in 2022. Overall, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 94%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

The United States (X tons), Morocco (X tons) and China (X tons) were the main suppliers of mixed fertilizer imports to Argentina, with a combined 77% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +24.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), the United States ($X) and China ($X) appeared to be the largest mixed fertilizer suppliers to Argentina, with a combined 75% share of total imports.

Among the main suppliers, China, with a CAGR of +32.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average mixed fertilizer import price amounted to $X per ton, increasing by 54% against the previous year. Over the period under review, the import price enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 82% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Saudi Arabia ($X per ton) and China ($X per ton), while the price for Norway ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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