Fertilizer Market

Fertilizer market: find the latest information powered by an Ai-driven market intelligence platform. Information provide market prices, consumption, imports, trade, production, market size, companies, and exports. Here is a split by country, including Latin America, the Middle East, the U.S., Russia, EU, the U.K., Africa, and China. Market trends and forecast to 2030 are also provided in the snapshots.


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Fertilizer - World's Largest Markets

RatingCountry
1China
2United States
3India
4Japan
5Brazil

In value terms, the largest fertilizer markets worldwide were China, the United States and India, together accounting for 28% of the global market. These countries were followed by Japan, Brazil, Canada, Indonesia, Pakistan, Russia, South Korea, Germany and Vietnam, which together accounted for a further 32%.

Canada saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while fertilizer market for the other global leaders experienced more modest paces of growth.

Fertilizer Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Russia264271206-11.7%
Canada229257217-2.7%
Netherlands251258228-4.7%
Belgium263269232-6.1%
China317267233-14.3%
Lithuania264268240-4.7%
Belarus283305244-7.1%
Germany294295245-8.7%
Oman2042342459.6%
Algeria291309272-3.3%
United States313326281-5.2%
Morocco375334311-8.9%
Saudi Arabia377372334-5.9%
Average288289253-6.2%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Saudi Arabia ($334 per ton), while Russia ($206 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Oman, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Canada340355314-3.9%
Thailand330341304-4.0%
Australia321328296-4.0%
India323310284-6.2%
Argentina344336279-9.9%
China284320271-2.3%
Turkey2452622592.8%
Brazil283274253-5.4%
France247249232-3.1%
United States264276222-8.3%
Germany248247222-5.4%
Indonesia233216213-4.4%
Belgium262263202-12.2%
Average293294265-4.8%

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($314 per ton), while Belgium ($202 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the other global leaders experienced a decline in the import price figures.

Fertilizer - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Brazil8.68.38.6-0.2%
India5.77.17.112.0%
United States76.95.2-13.2%
China2.73.52.93.4%
France1.81.81.7-3.6%

In value terms, Brazil ($8.6B), India ($7.1B) and the United States ($5.2B) constituted the countries with the highest levels of imports in 2020, with a combined 35% share of global imports.

India recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Fertilizer - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Russia8.997-11.2%
China7.46.96.3-7.1%
Canada5.55.55.1-3.7%
Morocco3.22.93.43.2%
United States3.93.93.3-7.7%

In value terms, Russia ($7B), China ($6.3B) and Canada ($5.1B) constituted the countries with the highest levels of exports in 2020, together comprising 35% of global exports. These countries were followed by Morocco, the United States, Saudi Arabia, Belarus, the Netherlands, Belgium, Oman, Algeria, Germany and Lithuania, which together accounted for a further 37%.

Oman recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Fertilizer - Market Forecast

Driven by increasing demand for fertilizer worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Fertilizer - Product Coverage

  • HS 283421 - Nitrates; of potassium
  • HS 310240 - Fertilizers, mineral or chemical; ammonium nitrate with calcium carbonate or other inorganic non-fertilizing substances, mixtures thereof
  • HS 310250 - Fertilizers, mineral or chemical; nitrogenous, sodium nitrate
  • HS 310490 - Fertilizers, mineral or chemical; potassic, n.e.s. in heading no. 3104
  • HS 310540 - Fertilizers, mineral or chemical; ammonium dihydrogenorthophosphate (monoammonium phosphate) and mixtures thereof with diammonium hydrogenorthophosphate (diammonium phosphate)
  • HS 310210 - Fertilizers, mineral or chemical; nitrogenous, urea, whether or not in aqueous solution
  • HS 310221 - Fertilizers, mineral or chemical; nitrogenous, ammonium sulphate
  • HS 310230 - Fertilizers, mineral or chemical; nitrogenous, ammonium nitrate, whether or not in aqueous solution
  • HS 310280 - Fertilizers, mineral or chemical; nitrogenous, mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution
  • HS 310420 - Fertilizers, mineral or chemical; potassic, potassium chloride
  • HS 310520 - Fertilizers, mineral or chemical; containing the three fertilizing elements nitrogen, phosphorus and potassium
  • HS 310390 - Fertilizers, mineral or chemical; phosphatic, n.e.s. in heading no. 3103
  • HS 310530 - Fertilizers, mineral or chemical; diammonium hydrogenorthophosphate (diammonium phosphate)
  • HS 310560 - Fertilizers, mineral or chemical; containing the two fertilizing elements phosphorus and potassium
  • HS 310551 - Fertilizers, mineral or chemical; containing nitrates and phosphates
  • HS 310559 - Fertilizers, mineral or chemical; containing the two fertilizing elements nitrogen and phosphorus, other than nitrates and phosphates
  • HS 310229 - Fertilizers, mineral or chemical; nitrogenous, other than ammonium sulphate
  • HS 310260 - Fertilizers, mineral or chemical; nitrogenous, double salts and mixtures of calcium nitrate and ammonium nitrate
  • HS 310270 - Fertilizers, mineral or chemical; nitrogenous, calcium cyanamide
  • HS 310290 - Fertilizers, mineral or chemical; nitrogenous, other kinds including mixtures not specified in the foregoing subheadings
  • HS 310310 - Fertilizers, mineral or chemical; phosphatic, superphosphates
  • HS 310311 - Fertilizers, mineral or chemical; phosphatic, superphosphates, containing by weight 35% or more of diphosphorus pentaoxide (P2O5)
  • HS 310319 - Fertilizers, mineral or chemical; phosphatic, superphosphates, other than containing by weight 35% or more of diphosphorus pentaoxide (P2O5)
  • HS 310420 - Fertilizers, mineral or chemical; potassic, potassium chloride
  • HS 310430 - Fertilizers, mineral or chemical; potassic, potassium sulphate
  • HS 310490 - Fertilizers, mineral or chemical; potassic, n.e.s. in heading no. 3104
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World - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the global fertilizer market.

Latin America and the Caribbean - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the fertilizer market in Latin America and the Caribbean.

Africa - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fertilizer market in Africa.

Middle East - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fertilizer market in the Middle East.

Southern Asia - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the fertilizer market in Southern Asia.

South-Eastern Asia - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fertilizer market in South-Eastern Asia.

Northern America - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fertilizer market in Northern America.

Eastern Asia - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fertilizer market in Eastern Asia.

Australia and Oceania - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fertilizer market in Australia and Oceania.

Central Asia - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fertilizer market in Central Asia.

Geography