MERCOSUR: Fertilizer Market 2025

Fertilizer Market Size in MERCOSUR

The MERCOSUR fertilizer market surged to $X in 2022, jumping by X% against the previous year. In general, consumption recorded a prominent increase. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Fertilizer Production in MERCOSUR

In value terms, fertilizer production declined to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Fertilizer Exports

Exports in MERCOSUR

In 2022, overseas shipments of fertilizers increased by X% to X tons, rising for the third year in a row after three years of decline. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, fertilizer exports soared to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Chile dominates exports structure, resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Brazil (X tons), Venezuela (X tons) and Colombia (X tons), together constituting a X% share of total exports. Argentina (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to fertilizer exports from Chile stood at X%. At the same time, Colombia (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Brazil (X%), Venezuela (X%) and Argentina (X%) illustrated a downward trend over the same period. While the share of Chile (X p.p.) and Colombia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Brazil (X p.p.), Argentina (X p.p.) and Venezuela (X p.p.) displayed negative dynamics.

In value terms, Chile ($X) remains the largest fertilizer supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Chile stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Colombia (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced mixed trends in the export price figures.

Fertilizer Imports

Imports in MERCOSUR

For the seventh consecutive year, MERCOSUR recorded growth in supplies from abroad of fertilizers, which increased by X% to X tons in 2022. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, fertilizer imports soared to $X in 2022. In general, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Brazil prevails in imports structure, amounting to X tons, which was approx. X% of total imports in 2022. Argentina (X tons) took the second position in the ranking, followed by Colombia (X tons). All these countries together took approx. X% share of total imports. Peru (X tons), Uruguay (X tons), Paraguay (X tons) and Ecuador (X tons) held a relatively small share of total imports.

Brazil was also the fastest-growing in terms of the fertilizers imports, with a CAGR of X% from 2012 to 2022. At the same time, Argentina (X%), Uruguay (X%), Colombia (X%), Ecuador (X%), Paraguay (X%) and Peru (X%) displayed positive paces of growth. Brazil (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported fertilizers in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

In Brazil, fertilizer imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Colombia (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, surging by X% against the previous year. Import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fertilizer import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Argentina ($X per ton) and Brazil ($X per ton), while Ecuador ($X per ton) and Uruguay ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform