Report Update Nov 1, 2024

Saudi Arabia - NPK Fertilizers - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Npk Fertilizer Market 2024

Npk Fertilizer Market Size in Saudi Arabia

In 2022, the Saudi NPK fertilizer market increased by 0.2% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, showed a abrupt descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Npk Fertilizer Production in Saudi Arabia

In value terms, NPK fertilizer production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 4.2% against the previous year. Production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Npk Fertilizer Exports

Exports from Saudi Arabia

NPK fertilizer exports from Saudi Arabia rose modestly to X tons in 2022, with an increase of 2.4% on the year before. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 268% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, NPK fertilizer exports expanded markedly to $X in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 234%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mozambique (X tons), Ukraine (X tons) and Oman (X tons) were the main destinations of NPK fertilizer exports from Saudi Arabia, together comprising 61% of total exports.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of +92.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Algeria ($X) and Mozambique ($X) were the largest markets for NPK fertilizer exported from Saudi Arabia worldwide, together comprising 58% of total exports.

Ukraine, with a CAGR of +73.6%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average NPK fertilizer export price amounted to $X per ton, rising by 6.6% against the previous year. Overall, the export price, however, recorded a deep setback. The pace of growth appeared the most rapid in 2021 an increase of 26%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Mozambique ($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 Qatar (+47.2%), while the prices for the other major destinations experienced mixed trend patterns.

Npk Fertilizer Imports

Imports into Saudi Arabia

NPK fertilizer imports into Saudi Arabia skyrocketed to X tons in 2022, with an increase of 77% compared with the previous year. Over the period under review, imports, however, saw a deep setback. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, NPK fertilizer imports soared to $X in 2022. In general, imports, however, continue to indicate a abrupt shrinkage. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), China (X tons) and Belgium (X tons) were the main suppliers of NPK fertilizer imports to Saudi Arabia, with a combined 65% share of total imports. Spain, the Netherlands and Jordan lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +14.6%), while imports for the other leaders experienced a decline.

In value terms, the largest NPK fertilizer suppliers to Saudi Arabia were Germany ($X), China ($X) and Spain ($X), with a combined 58% share of total imports.

Spain, with a CAGR of +8.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average NPK fertilizer import price stood at $X per ton in 2022, reducing by -13.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 35% 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.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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 (+8.0%), while the prices for the other major suppliers 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 accounting for 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 Saudi Arabia?

In value terms, the largest npk fertilizer suppliers to Saudi Arabia were the Netherlands, Jordan and Germany, with a combined 51% share of total imports. China, Spain, Belgium and the United Arab Emirates lagged somewhat behind, together comprising a further 35%.

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

In value terms, India remains the key foreign market for npk fertilizer exports from Saudi Arabia, comprising 51% of total exports. The second position in the ranking was occupied by Burundi, with a 17% share of total exports. It was followed by Malawi, with an 8.4% share.

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

The average npk fertilizer export price stood at $423 per ton in 2021, rising by 3.9% against the previous year.

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

The average npk fertilizer import price stood at $907 per ton in 2021, increasing by 1.8% against the previous year.

This report provides an in-depth analysis of the npk fertilizer market in Saudi Arabia. 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:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
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
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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