China - Nitrogenous Fertilizers (Mineral Or Chemical) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNitrogenous Fertilizer Price in China - 2023
Contents:
- Nitrogenous Fertilizer Price in China (FOB) - 2022
- Nitrogenous Fertilizer Price in China (CIF) - 2022
- Nitrogenous Fertilizer Exports in China
- Nitrogenous Fertilizer Imports in China
Nitrogenous Fertilizer Price in China (FOB) - 2022
In 2022, the average nitrogenous fertilizer export price amounted to $302 per ton, rising by 14% against the previous year. In general, the export price, however, continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2021 an increase of 51% against the previous year. The export price peaked at $345 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($572 per ton), while the average price for exports to Romania ($107 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 South Korea (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Nitrogenous Fertilizer Price in China (CIF) - 2022
In 2022, the average nitrogenous fertilizer import price amounted to $715 per ton, shrinking by -23.4% against the previous year. Overall, the import price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 94%. The import price peaked at $934 per ton in 2021, and then reduced sharply in the following year.
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 Italy ($1,854 per ton), while the price for France ($301 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Nitrogenous Fertilizer Exports in China
In 2022, after three years of growth, there was decline in overseas shipments of nitrogenous fertilizers (mineral or chemical), when their volume decreased by -3.2% to 16M tons. The total export volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 17% against the previous year.
In value terms, nitrogenous fertilizer exports amounted to $4.9B in 2022. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 70% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Nitrogenous Fertilizer in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 263 | 301 | 755 | 1,007 | 56.4% |
| India | 679 | 793 | 1,221 | 783 | 4.9% |
| Turkey | 57.7 | 18.8 | 89.3 | 267 | 66.6% |
| Vietnam | 110 | 124 | 310 | 252 | 31.8% |
| South Korea | 153 | 150 | 251 | 251 | 17.9% |
| Myanmar | 39.2 | 134 | 113 | 241 | 83.2% |
| Pakistan | 20.6 | 17.5 | 14.8 | 220 | 120.2% |
| Malaysia | 51.6 | 57.1 | 151 | 188 | 53.9% |
| Philippines | 64.7 | 61.2 | 103 | 172 | 38.5% |
| Indonesia | 126 | 136 | 252 | 147 | 5.3% |
| Thailand | 14.8 | 45.5 | 102 | 95.0 | 85.8% |
| South Africa | 26.5 | 36.1 | 65.8 | 94.2 | 52.6% |
| Romania | N/A | N/A | 3.6 | 40.6 | 1027.8% |
| Others | 817 | 723 | 999 | 1,150 | 12.1% |
| Total | 2,423 | 2,599 | 4,430 | 4,907 | 26.5% |
Top Export Markets for Nitrogenous Fertilizer from China in 2022:
- Brazil (3.8M tons)
- India (1.6M tons)
- Turkey (1.0M tons)
- Vietnam (1.0M tons)
- Myanmar (0.8M tons)
- Malaysia (0.7M tons)
- Philippines (0.6M tons)
- Indonesia (0.6M tons)
- Romania (0.4M tons)
- South Korea (0.4M tons)
- Pakistan (0.4M tons)
- South Africa (0.3M tons)
- Thailand (0.3M tons)
Nitrogenous Fertilizer Imports in China
In 2022, nitrogenous fertilizer imports into China declined markedly to 36K tons, which is down by -28.7% against 2021. Overall, imports recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year.
In value terms, nitrogenous fertilizer imports fell significantly to $26M in 2022. In general, imports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 172% against the previous year.
| Import of Nitrogenous Fertilizer in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 2.6 | 3.6 | 3.6 | 6.9 | 38.4% |
| Germany | 4.9 | 4.4 | 5.3 | 5.3 | 2.7% |
| Italy | 6.3 | 2.2 | 2.3 | 3.1 | -21.1% |
| Uzbekistan | N/A | N/A | 1.8 | 1.9 | 5.6% |
| United Kingdom | 1.3 | 0.8 | 0.9 | 1.3 | 0.0% |
| Belgium | 0.5 | 0.8 | 0.8 | 1.2 | 33.9% |
| Poland | 0.9 | 0.9 | 1.4 | 0.9 | 0.0% |
| Japan | 0.5 | 0.5 | 1.6 | 0.9 | 21.6% |
| Netherlands | 1.5 | 1.2 | 0.7 | 0.6 | -26.3% |
| Czech Republic | 0.4 | 0.5 | 0.7 | 0.5 | 7.7% |
| India | N/A | N/A | 0.3 | 0.5 | 66.7% |
| France | 0.3 | 0.2 | 0.1 | 0.2 | -12.6% |
| Iran | 14.5 | N/A | N/A | N/A | 0% |
| Others | 31.9 | 2.1 | 27.5 | 2.4 | -57.8% |
| Total | 65.5 | 17.3 | 46.9 | 25.6 | -26.9% |
Top Suppliers of Nitrogenous Fertilizer to China in 2022:
- Norway (16.0K tons)
- Germany (4.5K tons)
- Uzbekistan (3.9K tons)
- Belgium (2.0K tons)
- Italy (1.7K tons)
- Poland (1.4K tons)
- United Kingdom (0.9K tons)
- Netherlands (0.9K tons)
- Japan (0.9K tons)
- Czech Republic (0.7K tons)
- India (0.6K tons)
- France (0.6K tons)
This report provides an in-depth analysis of the nitrogenous fertilizer market in China. 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 4001 - Urea
- FCL 4002 - Ammonium sulphate
- FCL 4003 - Ammonium nitrate (AN)
- FCL 4004 - Calcium ammonium nitrate (CAN) and other mixtures with calcium carbonate
- FCL 4005 - Sodium nitrate
- FCL 4006 - Urea and ammonium nitrate solutions (UAN)
- FCL 4008 - Other nitrogenous fertilizers, n.e.c.
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
- Find deeper insights into current market developments
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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