Saudi Arabia: Mixed Fertilizer Market 2025

Mixed Fertilizer Market Size in Saudi Arabia

The Saudi mixed fertilizer market declined sharply to $X in 2022, waning by -17.9% against the previous year. In general, consumption, however, posted a strong expansion. Mixed fertilizer consumption peaked at $X in 2021, and then dropped markedly in the following year.

Mixed Fertilizer Production in Saudi Arabia

In value terms, mixed fertilizer production shrank slightly to $X in 2022 estimated in export price. Overall, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +8.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.6% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 43% against the previous year. Mixed fertilizer production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Mixed Fertilizer Exports

Exports from Saudi Arabia

In 2022, after two years of decline, there was significant growth in overseas shipments of mixed fertilizers, when their volume increased by 14% to X tons. In general, exports posted a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 88%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, mixed fertilizer exports dropped to $X in 2022. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 85% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell in the following year.

Exports by Country

India (X tons) was the main destination for mixed fertilizer exports from Saudi Arabia, with a 60% share of total exports. Moreover, mixed fertilizer exports to India exceeded the volume sent to the second major destination, the United States (X tons), fourfold. Brazil (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to India totaled +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+160.0% per year) and Brazil (+14.8% per year).

In value terms, India ($X) remains the key foreign market for mixed fertilizers exports from Saudi Arabia, comprising 58% of total exports. The second position in the ranking was taken by Brazil ($X), with a 14% share of total exports. It was followed by the United States, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to India totaled +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+15.9% per year) and the United States (+138.9% per year).

Export Prices by Country

The average mixed fertilizer export price stood at $X per ton in 2022, shrinking by -23.4% against the previous year. Over the period under review, the export price saw a mild contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 74%. As a result, the export price attained the peak level of $X per ton, and then fell notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Kenya ($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 Brazil (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Mixed Fertilizer Imports

Imports into Saudi Arabia

In 2022, approx. X tons of mixed fertilizers were imported into Saudi Arabia; declining by -30.7% on 2021 figures. Overall, imports saw a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 39%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, mixed fertilizer imports fell markedly to $X in 2022. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest mixed fertilizer supplier to Saudi Arabia, accounting for a 40% share of total imports. Moreover, mixed fertilizer imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.0% per year) and Belgium (-3.0% per year).

In value terms, the largest mixed fertilizer suppliers to Saudi Arabia were Germany ($X), China ($X) and Spain ($X), together accounting for 64% of total imports.

Germany, with a CAGR of +8.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average mixed fertilizer import price stood at $X per ton in 2022, picking up by 6.3% against the previous year. In general, the import price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 15% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :