Which Country Exports the Most Nitrogenous, Phosphorus Or Potassium Fertilizers in the World?

IndexBox has just published a new report "World: Nitrogenous Fertilizers (Mineral Or Chemical) - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the amount of nitrogenous, phosphorus or potassium fertilizer imported worldwide stood at 48M tonnes, lowering by -3.1% against the previous year level. The total import volume increased at an average annual rate of +2.7% from 2007 to 2016- however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2010, when import increased by 27% from the previous year level. Global nitrogenous, phosphorus or potassium fertilizer import peaked of 49M tonnes in 2015, falling back in the following year.

In value terms, nitrogenous, phosphorus or potassium fertilizer imports amounted to $20B in 2016. Overall, it indicated a significant expansion from 2007 to 2016: the total imports value increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, nitrogenous, phosphorus or potassium fertilizer imports decreased by -25.3% against its level of 2011. In that year, global nitrogenous, phosphorus or potassium fertilizer imports reached its maximum level of $28B. From 2009 to 2016, growth of global nitrogenous, phosphorus or potassium fertilizer imports failed to regain its strength.

Top Nitrogenous Fertilizer Importing Countries in the World

1. Brazil (2,057.5 million USD)

2. India (1,982.0 million USD)

3. Thailand (721.7 million USD)

4. Canada (663.0 million USD)

5. China (614.5 million USD)

6. Ukraine (555.6 million USD)

7. Australia (535.5 million USD)

8. Viet Nam (512.3 million USD)

9. Mexico (497.6 million USD)

10. Argentina (492.7 million USD)

11. Pakistan (478.2 million USD)

12. Spain (412.7 million USD)

Nitrogenous Fertilizer Imports By Country

Brazil (5.8M tonnes), and India (5.6M tonnes) were the main importers of nitrogenous, phosphorus or potassium fertilizer in 2016, amounting to near 12%, and 12% of total imports, respectively. The following importers - Thailand (2M tonnes), Ukraine (1.8M tonnes), Canada (1.5M tonnes), Australia (1.4M tonnes), Argentina (1.3M tonnes), Viet Nam (1.3M tonnes), Pakistan (1.3M tonnes), China (1.2M tonnes), Mexico (1.2M tonnes), and Spain (1.1M tonnes) together made up 30% of total imports.

From 2007 to 2016, the most notable growth rate of nitrogenous, phosphorus or potassium fertilizer imports, among the main importing countries, was attained by Ukraine (+13.0% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest nitrogenous, phosphorus or potassium fertilizer markets worldwide were Brazil ($2.1B), India ($2B) and Thailand ($722M), together accounting for 24% of global imports.Canada, China, Ukraine, Australia, Viet Nam, Mexico, Argentina, Pakistan and Spain lagged somewhat behind, together accounting for a further 24%.

Ukraine (+13.0% per year) had the highest growth rate of nitrogenous, phosphorus or potassium fertilizer imports, in terms of the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Nitrogenous Fertilizer Import Prices By Country

In 2016, the average import price for nitrogenous, phosphorus or potassium fertilizer amounted to $411 per tonne, coming down by -13.3% against the previous year. Overall, nitrogenous, phosphorus or potassium fertilizer import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when it surged by 112% against the previous year level. In that year, average nitrogenous, phosphorus or potassium fertilizer import price attained its maximum level of $804 per tonne. From 2009 to 2016, growth of average nitrogenous, phosphorus or potassium fertilizer import price failed to regain its strength.

Import prices varied noticeably by country of destination. the country with the highest import prices was China ($493 per tonne), while Ukraine ($304 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of nitrogenous, phosphorus or potassium fertilizer import prices was attained by China (+6.4% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global nitrogenous, phosphorus or potassium fertilizer market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• nitrogenous, phosphorus or potassium fertilizer market share
• nitrogenous, phosphorus or potassium fertilizer prices
• nitrogenous, phosphorus or potassium fertilizer industry
• nitrogenous, phosphorus or potassium fertilizer sales
• nitrogenous, phosphorus or potassium fertilizer import
• nitrogenous, phosphorus or potassium fertilizer export
• nitrogenous, phosphorus or potassium fertilizer market forecast
• nitrogenous, phosphorus or potassium fertilizer price forecast
• key nitrogenous, phosphorus or potassium fertilizer producers

All data provided in this article covers the following product: HS Code 3105 - Fertilizers- mineral or chemical, containing 2 or 3 of the elements nitrogen, phosphorus, potassium- other fertilisers- goods of chapter 31 in tablets or packages of gross weight not exceeding 10kg.

Source: World: Nitrogenous Fertilizers (Mineral Or Chemical) - Market Report. Analysis and Forecast to 2026