Paraguay - Nitrogenous Fertilizers (Mineral Or Chemical) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 9, 2024

Paraguay - Nitrogenous Fertilizers (Mineral Or Chemical) - Market Analysis, Forecast, Size, Trends and Insights

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Nitrogenous Fertilizer Price in Paraguay - 2023

Contents:

  1. Nitrogenous Fertilizer Price in Paraguay (CIF) - 2022
  2. Nitrogenous Fertilizer Price in Paraguay (FOB) - 2022
  3. Nitrogenous Fertilizer Imports in Paraguay
  4. Nitrogenous Fertilizer Exports in Paraguay

Nitrogenous Fertilizer Price in Paraguay (CIF) - 2022

The average nitrogenous fertilizer import price stood at $520 per ton in 2022, surging by 38% against the previous year. Over the period under review, the import price, however, saw a mild curtailment. Over the period under review, average import prices reached the maximum at $622 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Brazil ($790 per ton), while the price for the United States ($352 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Nitrogenous Fertilizer Price in Paraguay (FOB) - 2022

In 2022, the average nitrogenous fertilizer export price amounted to $939 per ton, increasing by 22% against the previous year. In general, the export price showed resilient growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 111% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($939 per ton), while the average price for exports to Bolivia amounted to $204 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+36.0%), while the prices for the other major destinations experienced mixed trend patterns.

Nitrogenous Fertilizer Imports in Paraguay

In 2022, the amount of nitrogenous fertilizers (mineral or chemical) imported into Paraguay totaled 229K tons, approximately equating 2021. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 18%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, nitrogenous fertilizer imports surged to $119M in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 53% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Nitrogenous Fertilizer in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18.817.828.942.631.3%
Brazil11.612.616.836.045.9%
United States5.23.74.912.333.2%
Russia2.98.615.011.457.8%
IndonesiaN/AN/AN/A9.90%
Oman4.73.47.03.2-12.0%
Bolivia7.01.61.20.8-51.5%
Poland4.22.62.8N/A-18.4%
Others6.05.28.52.7-23.4%
Total60.355.685.011925.4%

Top Suppliers of Nitrogenous Fertilizer to Paraguay in 2022:

  1. China (109.9K tons)
  2. Brazil (45.6K tons)
  3. United States (35.1K tons)
  4. Russia (14.9K tons)
  5. Indonesia (12.6K tons)
  6. Oman (5.1K tons)
  7. Bolivia (1.1K tons)

Nitrogenous Fertilizer Exports in Paraguay

For the third year in a row, Paraguay recorded decline in shipments abroad of nitrogenous fertilizers (mineral or chemical), which decreased by -6.2% to 779 tons in 2022. Over the period under review, exports continue to indicate a precipitous curtailment.

In value terms, nitrogenous fertilizer exports rose sharply to $731K in 2022. In general, exports faced a deep slump.

Export of Nitrogenous Fertilizer in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil781805638731-2.2%
Bolivia4240.10.1N/A-98.5%
Others22.215.00.1N/A-93.3%
Total1,228820638731-15.9%

Top Export Markets for Nitrogenous Fertilizer from Paraguay in 2022:

  1. Brazil (778.8 tons)
  2. Bolivia (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the nitrogenous fertilizer market in Paraguay. 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:

  • Paraguay

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Paraguay
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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