Iran - Nitrogenous Fertilizers (Mineral Or Chemical) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNitrogenous Fertilizer Price in Iran - 2021
Contents:
- Nitrogenous Fertilizer Price in Iran (FOB) - 2022
- Nitrogenous Fertilizer Price in Iran (CIF) - 2022
- Nitrogenous Fertilizer Exports in Iran
- Nitrogenous Fertilizer Imports in Iran
Nitrogenous Fertilizer Price in Iran (FOB) - 2022
The average nitrogenous fertilizer export price stood at $410 per ton in 2022, increasing by 15% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 58%. The export price peaked at $446 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($456 per ton), while the average price for exports to Brazil ($366 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 Turkey (+0.4%), while the prices for the other major destinations experienced a decline.
Nitrogenous Fertilizer Price in Iran (CIF) - 2022
The average nitrogenous fertilizer import price stood at $471 per ton in 2022, reducing by -12.1% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nitrogenous fertilizer import price increased by +51.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 31%. As a result, import price attained the peak level of $536 per ton, and then contracted 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 Turkey ($542 per ton), while the price for Switzerland ($172 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Nitrogenous Fertilizer Exports in Iran
In 2022, the amount of nitrogenous fertilizers (mineral or chemical) exported from Iran reduced markedly to 2.5M tons, which is down by -50.3% compared with 2021 figures. Over the period under review, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 352% against the previous year. As a result, the exports reached the peak of 5.1M tons, and then declined remarkably in the following year.
In value terms, nitrogenous fertilizer exports shrank dramatically to $1B in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 612%. As a result, the exports reached the peak of $1.8B, and then contracted significantly in the following year.
| Export of Nitrogenous Fertilizer in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 121 | 120 | 849 | 535 | 64.1% |
| Turkey | 182 | 114 | 942 | 390 | 28.9% |
| India | 60.5 | 0.2 | N/A | 18.8 | -32.3% |
| Others | 39.8 | 21.0 | 20.9 | 88.8 | 30.7% |
| Total | 403 | 255 | 1,812 | 1,033 | 36.9% |
Top Export Markets for Nitrogenous Fertilizer from Iran in 2022:
- Brazil (1462.9K tons)
- Turkey (856.1K tons)
- India (44.7K tons)
Nitrogenous Fertilizer Imports in Iran
In 2022, after two years of decline, there was growth in purchases abroad of nitrogenous fertilizers (mineral or chemical), when their volume increased by 2.1% to 31K tons. Over the period under review, imports, however, recorded a abrupt descent.
In value terms, nitrogenous fertilizer imports fell to $14M in 2022. In general, imports, however, showed a noticeable downturn. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year.
| Import of Nitrogenous Fertilizer in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 3.6 | 5.1 | 5.3 | 10.3 | 42.0% |
| Uzbekistan | 4.4 | 1.7 | 1.0 | 1.4 | -31.7% |
| Switzerland | 1.7 | 0.6 | 0.3 | 0.6 | -29.3% |
| Kyrgyzstan | 1.0 | 0.2 | N/A | 0.2 | -41.5% |
| Azerbaijan | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
| Slovakia | 0.4 | 0.4 | 0.3 | 0.2 | -20.6% |
| China | 0.6 | 0.5 | 0.1 | 0.2 | -30.7% |
| Russia | 0.8 | N/A | N/A | N/A | 0% |
| Others | 4.0 | 4.1 | 8.9 | 1.4 | -29.5% |
| Total | 16.5 | 12.8 | 16.1 | 14.5 | -4.2% |
Top Suppliers of Nitrogenous Fertilizer to Iran in 2022:
- Turkey (18.9K tons)
- Switzerland (3.4K tons)
- Uzbekistan (3.1K tons)
- Kyrgyzstan (1.0K tons)
- Azerbaijan (0.9K tons)
- China (0.6K tons)
- Slovakia (0.5K tons)
This report provides an in-depth analysis of the nitrogenous fertilizer market in Iran. 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:
- Iran
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Iran
- 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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