Mixed Nitrogen and Phosphorus Fertilizers Market

Mixed nitrogen and phosphorus fertilizers market: discover the most recent facts and figures powered by an Ai-driven business intelligence platform. Info include imports, companies, exports, production, market size, market prices, consumption, and trade. Here is a breakdown by region, including the U.K., Russia, the U.S., the Middle East, China, Africa, EU, and Latin America. Market trends and outlook to 2030 are also provided in the dashboards.


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Mixed Nitrogen and Phosphorus Fertilizers - World's Largest Markets

RatingCountry
1China
2India
3United States
4Russia
5Germany

In value terms, China, India and the United States were the countries with the highest levels of market value in 2020, together accounting for 41% of the global market. These countries were followed by Russia, Germany, Brazil, Turkey, Indonesia, Ethiopia, Iran and the UK, which together accounted for a further 25%.

In terms of the main consuming countries, Ethiopia (+342.6% per year) recorded the highest rates of growth with regard to market size, over the period under review, while mixed nitrogen and phosphorus fertilizers market for the other global leaders experienced more modest paces of growth.

Mixed Nitrogen and Phosphorus Fertilizers Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Russia272281218-10.5%
Greece299282223-13.6%
China357264234-19.0%
Turkey333352235-16.0%
South Korea287280242-8.2%
Kazakhstan299292256-7.5%
Indonesia265265258-1.3%
Bulgaria396331261-18.8%
Belgium336341267-10.9%
Morocco357358287-10.3%
United States389426323-8.9%
Lithuania607449326-26.7%
Average351343286-9.8%

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Lithuania ($326 per ton) and the United States ($323 per ton), while Russia ($218 per ton) and Greece ($223 per ton) were amongst the lowest.

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

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Thailand3833944002.2%
Argentina385410373-1.6%
Canada392451373-2.5%
Ethiopia3233713290.9%
United States431410319-14.0%
Ukraine307319295-2.0%
Brazil357328293-9.4%
India315304278-6.1%
Romania326320270-9.0%
Philippines281267251-5.5%
Turkey298269250-8.4%
Peru251249242-1.8%
Mexico279293240-7.3%
Average357351315-6.0%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Thailand ($400 per ton), while Mexico ($240 per ton) was amongst the lowest.

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

Mixed Nitrogen and Phosphorus Fertilizers - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Brazil0.70.70.6-7.7%
Ethiopia0.020.040.3343.8%
Thailand0.40.30.3-13.7%
Canada0.20.30.23.8%
India0.030.090.2168.7%

In value terms, Brazil ($613M), Ethiopia ($308M) and Thailand ($267M) appeared to be the countries with the highest levels of imports in 2020, together comprising 42% of global imports.

Ethiopia (+343.8% per year) 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.

Mixed Nitrogen and Phosphorus Fertilizers - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.70.70.7-1.5%
Morocco0.30.40.422.3%
Russia0.40.30.3-9.5%
China0.60.30.2-33.8%
Kazakhstan0.020.090.08123.6%

In value terms, the United States ($670M), Morocco ($395M) and Russia ($312M) were the countries with the highest levels of exports in 2020, together comprising 56% of global exports. These countries were followed by China, Kazakhstan, South Korea, Indonesia, Belgium, Lithuania, Greece, Bulgaria and Turkey, which together accounted for a further 29%.

Lithuania (+448.9% per year) 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.

Mixed Nitrogen and Phosphorus Fertilizers - Market Forecast

Driven by rising demand for mixed nitrogen and phosphorus fertilizers worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, 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.

Mixed Nitrogen and Phosphorus Fertilizers - Product Coverage

  • 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
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Asia-Pacific - NPK Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
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Australia and Oceania - NPK Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
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CIS - NPK Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean - NPK Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
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Asia - NPK Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
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Northern America - NPK Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
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Central Asia - NPK Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
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Africa - NPK Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
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Europe - NPK Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
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MENA - NPK Fertilizers - Market Analysis, Forecast, Size, Trends and Insights
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Geography