Mexico - Phosphatic Fertilizers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPhosphatic Fertilizer Price in Mexico - 2022
Contents:
- Phosphatic Fertilizer Price in Mexico (CIF) - 2022
- Phosphatic Fertilizer Price in Mexico (FOB) - 2022
- Phosphatic Fertilizer Imports in Mexico
- Phosphatic Fertilizer Exports in Mexico
Phosphatic Fertilizer Price in Mexico (CIF) - 2022
In 2022, the average phosphatic fertilizer import price amounted to $605 per ton, which is down by -45.9% against the previous year. Over the period under review, the import price saw a perceptible slump. The pace of growth appeared the most rapid in 2016 an increase of 94%. The import price peaked at $1,118 per ton in 2021, and then contracted notably in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.0% per year.
Phosphatic Fertilizer Price in Mexico (FOB) - 2022
The average phosphatic fertilizer export price stood at $514 per ton in 2022, rising by 24% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phosphatic fertilizer export price increased by +93.0% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 48%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($1,147 per ton), while the average price for exports to Paraguay ($448 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 Uruguay (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphatic Fertilizer Imports in Mexico
In 2022, purchases abroad of phosphatic fertilizers decreased by -74.8% to 776 tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a significant decline. The pace of growth appeared the most rapid in 2020 when imports increased by 32% against the previous year. As a result, imports reached the peak of 5.6K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, phosphatic fertilizer imports plummeted to $470K in 2022. In general, imports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 135% against the previous year. As a result, imports attained the peak of $4.3M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Phosphatic Fertilizer in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,659 | 2,566 | 2,223 | 470 | -34.3% |
Spain | 20.9 | 641 | 558 | N/A | 416.7% |
China | N/A | 345 | 28.5 | N/A | -91.7% |
Others | 145 | 740 | 641 | N/A | 110.3% |
Total | 1,825 | 4,293 | 3,449 | 470 | -36.4% |
Top Suppliers of Phosphatic Fertilizer to Mexico in 2022:
- United States (776.4 tons)
Phosphatic Fertilizer Exports in Mexico
For the third year in a row, Mexico recorded decline in overseas shipments of phosphatic fertilizers, which decreased by -18.2% to 63K tons in 2022. In general, exports showed a deep slump. The smallest decline of -14.8% was in 2021.
In value terms, phosphatic fertilizer exports amounted to $32M in 2022. Overall, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 26%.
Export of Phosphatic Fertilizer in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 9.8 | 7.9 | 9.4 | 9.1 | -2.4% |
Argentina | 4.5 | 10.5 | 10.9 | 5.0 | 3.6% |
Brazil | 12.9 | 1.3 | 4.8 | 4.9 | -27.6% |
Paraguay | 4.3 | 2.9 | 0.8 | 4.5 | 1.5% |
United States | 4.5 | 0.2 | 2.2 | 4.3 | -1.5% |
Uruguay | 0.4 | 0.1 | 1.6 | 3.0 | 95.7% |
Guyana | N/A | N/A | 2.0 | 1.4 | -30.0% |
Others | 2.1 | 2.3 | 0.1 | 0.1 | -63.8% |
Total | 38.5 | 25.2 | 31.8 | 32.3 | -5.7% |
Top Export Markets for Phosphatic Fertilizer from Mexico in 2022:
- Chile (18.4K tons)
- Brazil (10.5K tons)
- Paraguay (10.1K tons)
- Argentina (9.8K tons)
- United States (9.7K tons)
- Uruguay (2.6K tons)
- Guyana (1.8K tons)
This report provides an in-depth analysis of the phosphatic fertilizer market in Mexico. 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 4012 - Superphosphates above 35%
- FCL 4013 - Superphosphates, other
- FCL 4014 - Other phosphatic fertilizers, n.e.c.
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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
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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
This report provides an in-depth analysis of the phosphatic fertilizer market in Mexico.
This report provides an in-depth analysis of the global phosphatic fertilizer market.
This report provides an in-depth analysis of the phosphatic fertilizer market in Mexico.
This report provides an in-depth analysis of the global phosphatic fertilizer market.
Explore the top 10 countries by import value of phosphatic fertilizer in 2023. Learn about the key players in the global agricultural industry and their reliance on imported fertilizer.
Explore the top 10 countries by import value of phosphatic fertilizer in 2023. Learn about the key players in the global agricultural industry and their reliance on imported fertilizer.