Report Philippines - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 17, 2022

Philippines - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Fertilizer Market 2022

Fertilizer Market Size in the Philippines

The Philippine fertilizer market reduced to $X in 2021, with a decrease of -5.9% against the previous year. The market value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2020, and then reduced in the following year.

Fertilizer Production in the Philippines

In value terms, fertilizer production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 25% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then dropped in the following year.

Fertilizer Exports

Exports from the Philippines

In 2021, approx. X tons of fertilizers were exported from the Philippines; rising by 69% on 2020. In general, exports recorded a tangible expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fertilizer exports soared to $X in 2021. Over the period under review, exports showed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Malaysia (X tons), Vietnam (X tons) and Tanzania (X tons) were the main destinations of fertilizer exports from the Philippines, together comprising 93% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tanzania (with a CAGR of +454.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fertilizer exported from the Philippines were Malaysia ($X), Tanzania ($X) and Vietnam ($X), together comprising 92% of total exports.

Among the main countries of destination, Tanzania, with a CAGR of +300.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average fertilizer export price stood at $X per ton in 2021, declining by -10.5% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 8.3%. The export price peaked at $X per ton in 2020, and then shrank in the following year.

Prices varied noticeably country of destination: the country with the highest price was Tanzania ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belize (+36.3%), while the prices for the other major destinations experienced mixed trend patterns.

Fertilizer Imports

Imports into the Philippines

In 2021, supplies from abroad of fertilizers decreased by -16.6% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, total imports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 28%. Over the period under review, imports hit record highs at X tons in 2020, and then fell markedly in the following year.

In value terms, fertilizer imports rose significantly to $X in 2021. The total import value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when imports increased by 29% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of fertilizer to the Philippines, with a 42% share of total imports. Moreover, fertilizer imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), threefold. Malaysia (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+12.6% per year) and Malaysia (+8.4% per year).

In value terms, China ($X) constituted the largest supplier of fertilizer to the Philippines, comprising 41% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 19% share of total imports. It was followed by Malaysia, with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+13.1% per year) and Malaysia (+8.5% per year).

Import Prices by Country

In 2021, the average fertilizer import price amounted to $X per ton, growing by 28% against the previous year. In general, the import price, however, recorded a mild slump. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Qatar ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for fertilizers in the world?
+
The countries with the highest volumes of consumption in 2021 were China, India and the United States, with a combined 33% share of global consumption. These countries were followed by Brazil, Russia, Canada, Indonesia, Pakistan, France, Vietnam, Spain and Poland, which together accounted for a further 29%.
What are the largest producers of fertilizers in the world?
+
The countries with the highest volumes of production in 2021 were China, Russia and India, with a combined 35% share of global production. These countries were followed by Canada, the United States, Belarus, Indonesia, Morocco, Saudi Arabia, the Netherlands, Pakistan, Brazil and Iran, which together accounted for a further 31%.
What are the leading suppliers of fertilizers to the Philippines?
+
In value terms, China constituted the largest supplier of fertilizer to the Philippines, comprising 41% of total imports. The second position in the ranking was taken by Indonesia, with a 19% share of total imports. It was followed by Malaysia, with an 18% share.
What are the leading importers of fertilizers from the Philippines?
+
In value terms, Malaysia, Tanzania and Vietnam were the largest markets for fertilizer exported from the Philippines worldwide, together accounting for 92% of total exports.
What is the average export price for fertilizers in the Philippines?
+
In 2021, the average fertilizer export price amounted to $545 per ton, which is down by -10.5% against the previous year.
What is the average import price for fertilizers in the Philippines?
+
In 2021, the average fertilizer import price amounted to $322 per ton, increasing by 28% against the previous year.

This report provides an in-depth analysis of the fertilizer market in the Philippines. 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 4025 -
• FCL 4004 -
• FCL 4005 -
• FCL 4023 -
• FCL 4001 -
• FCL 4002 -
• FCL 4003 -
• FCL 4006 -
• FCL 4016 -
• FCL 4021 -
• FCL 4014 -
• FCL 4022 -
• FCL 4027 -
• FCL 4024 -
• FCL 4008 -
• FCL 4012 -
• FCL 4013 -
• FCL 4018 -
Country coverage:
• Philippines

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Philippines
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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