India: Mixed Fertilizer Market 2025

Mixed Fertilizer Market Size in India

The Indian mixed fertilizer market skyrocketed to $X in 2022, picking up by 19% against the previous year. Over the period under review, consumption, however, continues to indicate a slight contraction. Mixed fertilizer consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Mixed Fertilizer Production in India

In value terms, mixed fertilizer production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2015 when the production volume increased by 12% against the previous year. Mixed fertilizer production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Mixed Fertilizer Exports

Exports from India

In 2022, shipments abroad of mixed fertilizers decreased by -59.7% to X tons, falling for the third year in a row after two years of growth. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 58% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, mixed fertilizer exports dropped remarkably to $X in 2022. Overall, exports faced a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 104%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Mozambique (X tons), Malaysia (X tons) and Tanzania (X tons) were the main destinations of mixed fertilizer exports from India, together accounting for 82% of total exports.

From 2012 to 2022, the biggest increases were recorded for Tanzania (with a CAGR of +269.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Mozambique ($X), Malaysia ($X) and Nepal ($X) appeared to be the largest markets for mixed fertilizer exported from India worldwide, together accounting for 82% of total exports. The United Arab Emirates, Tanzania and Sri Lanka lagged somewhat behind, together comprising a further 9.6%.

In terms of the main countries of destination, Tanzania, with a CAGR of +118.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average mixed fertilizer export price stood at $X per ton in 2022, declining by -10.1% against the previous year. Overall, the export price saw a mild curtailment. The growth pace was the most rapid in 2021 when the average export price increased by 38%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Tanzania ($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 Malaysia (+0.5%), while the prices for the other major destinations experienced a decline.

Mixed Fertilizer Imports

Imports into India

In 2022, the amount of mixed fertilizers imported into India skyrocketed to X tons, rising by 48% on the year before. Overall, total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 62% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, mixed fertilizer imports skyrocketed to $X in 2022. In general, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia (X tons), Saudi Arabia (X tons) and Morocco (X tons) were the main suppliers of mixed fertilizer imports to India, with a combined 74% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +26.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mixed fertilizer suppliers to India were Russia ($X), Saudi Arabia ($X) and Morocco ($X), together comprising 72% of total imports.

Among the main suppliers, Russia, with a CAGR of +29.5%, recorded 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

The average mixed fertilizer import price stood at $X per ton in 2022, picking up by 46% against the previous year. Over the period under review, the import price saw notable growth. The growth pace was the most rapid in 2021 when the average import price increased by 74% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($X per ton) and China ($X per ton), while the price for Russia ($X per ton) and Saudi Arabia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :