Report Update Nov 1, 2024

Puerto Rico - NPK Fertilizers - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Npk Fertilizer Market 2024

Npk Fertilizer Exports

Exports by Country

Russia was the major exporting country with an export of about X tons, which amounted to 32% of total exports. Norway (X tons) took the second position in the ranking, followed by Morocco (X tons), Belgium (X tons) and Belarus (X tons). All these countries together took near 30% share of total exports. The following exporters - China (X tons), Poland (X tons), the Netherlands (X tons), Lithuania (X tons), Spain (X tons), Vietnam (X tons), South Korea (X tons) and the United States (X tons) - together made up 20% of total exports.

Exports from Russia increased at an average annual rate of +2.9% from 2012 to 2021. At the same time, Morocco (+145.0%), China (+34.8%), Spain (+16.4%), Lithuania (+14.1%), the United States (+13.9%), Belarus (+12.2%), Poland (+4.0%), South Korea (+3.2%) and Vietnam (+1.5%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in the world, with a CAGR of +145.0% from 2012-2021. Norway experienced a relatively flat trend pattern. By contrast, Belgium (-1.5%) and the Netherlands (-2.2%) illustrated a downward trend over the same period. While the share of Morocco (+6.6 p.p.), China (+3.6 p.p.), Belarus (+2.9 p.p.), Spain (+1.5 p.p.) and Lithuania (+1.5 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the Netherlands (-1.5 p.p.), Belgium (-2.8 p.p.) and Norway (-2.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest NPK fertilizer supplying countries from Puerto Rico were Russia ($X), Norway ($X) and Belgium ($X), together comprising 45% of total exports. These countries were followed by Morocco, the Netherlands, Belarus, Poland, China, Spain, Lithuania, Vietnam, South Korea and the United States, which together accounted for a further 33%.

Morocco, with a CAGR of +113.8%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Npk Fertilizer Imports

Imports by Country

In 2021, Brazil (X tons), Ukraine (X tons), China (X tons), India (X tons), Thailand (X tons), Poland (X tons), Spain (X tons), Lithuania (X tons), France (X tons), Indonesia (X tons), the UK (X tons) and Romania (X tons) was the key importer of mixed nitrogen, phosphorus and potassium (NPK) fertilizers in the world, achieving 52% of total import. Paraguay (X tons) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +19.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), China ($X) and Ukraine ($X) were the countries with the highest levels of imports in 2021, with a combined 22% share of total imports. India, Thailand, Spain, Poland, Lithuania, France, Indonesia, Romania, the UK and Paraguay lagged somewhat behind, together accounting for a further 31%.

Among the main importing countries, Romania, with a CAGR of +17.4%, 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.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mixed nitrogen, phosphorus and potassium (npk) fertilizers in the world?

The countries with the highest volumes of npk fertilizer consumption in 2021 were the United States, India and Vietnam, together comprising 33% of global consumption. These countries were followed by Spain, Indonesia, Russia, South Korea, Brazil, Poland, Ukraine, the UK, Japan and Ireland, which together accounted for a further 35%.

What are the largest producers of mixed nitrogen, phosphorus and potassium (npk) fertilizers in the world?

The countries with the highest volumes of npk fertilizer production in 2021 were the United States, Russia and India, with a combined 39% share of global production.

What are the leading suppliers of mixed nitrogen, phosphorus and potassium (npk) fertilizers to Puerto Rico?

In value terms, the largest npk fertilizer importing markets into Puerto Rico were Brazil, China and Ukraine, together comprising 24% of total imports. India, Thailand, Spain, Poland, Lithuania, France, Romania, Paraguay, Ireland and Myanmar lagged somewhat behind, together accounting for a further 32%.

What are the leading importers of mixed nitrogen, phosphorus and potassium (npk) fertilizers from Puerto Rico?

In value terms, Russia remains the largest npk fertilizer supplier from Puerto Rico, comprising 26% of global exports. The second position in the ranking was occupied by Norway, with a 10% share of global exports. It was followed by Belgium, with a 7.2% share.

What is the average export price for mixed nitrogen, phosphorus and potassium (npk) fertilizers in Puerto Rico?

In 2021, the npk fertilizer export price in Puerto Rico amounted to $less than 0.1 per ton, flattening at the previous year.

What is the average import price for mixed nitrogen, phosphorus and potassium (npk) fertilizers in Puerto Rico?

The npk fertilizer import price in Puerto Rico stood at $less than 0.1 per ton in 2021, approximately mirroring the previous year.

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

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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.

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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023