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Puerto Rico - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Fertilizer Market 2024

Fertilizer Market Size in Puerto Rico

After three years of decline, the Puerto Rican fertilizer market increased by 9.6% to $X in 2021. Overall, consumption continues to indicate strong growth. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Fertilizer Production in Puerto Rico

In value terms, fertilizer production totaled $X in 2021 estimated in export price. Overall, production enjoyed a resilient increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by 53% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

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Fertilizer Exports

Exports from Puerto Rico

In 2021, exports of fertilizers from Puerto Rico amounted to less than X kg, therefore, remained relatively stable against the previous year. Over the period under review, exports saw a relatively flat trend pattern.

In value terms, fertilizer exports stood at less than $X in 2021. Overall, exports saw a relatively flat trend pattern.

Exports by Country

In 2021, China (X tons), distantly followed by Russia (X tons), Canada (X tons), the United States (X tons) and Belarus (X tons) represented the main exporters of fertilizers, together comprising 55% of total exports. Morocco (X tons), the Netherlands (X tons), Germany (X tons), Belgium (X tons), Saudi Arabia (X tons), Malaysia (X tons), Norway (X tons) and Indonesia (X tons) held a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Malaysia (with a CAGR of +10.5%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Russia ($X) and the United States ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 39% of total exports. Canada, Morocco, Belarus, Saudi Arabia, the Netherlands, Germany, Belgium, Malaysia, Norway and Indonesia lagged somewhat behind, together accounting for a further 31%.

Among the main exporting countries, Morocco, with a CAGR of +10.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, approximately equating the previous year. In general, the export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+2.4%), while the other leaders experienced mixed trends in the export price figures.

Fertilizer Imports

Imports into Puerto Rico

In 2021, approx. less than X kg of fertilizers were imported into Puerto Rico; stabilizing at the year before. In general, imports showed a relatively flat trend pattern.

In value terms, fertilizer imports amounted to less than $X in 2021. Overall, imports recorded a relatively flat trend pattern.

Imports by Country

Brazil (X tons), the United States (X tons) and India (X tons) represented roughly 41% of total imports in 2021. China (X tons), Indonesia (X tons), France (X tons), Australia (X tons), Thailand (X tons), Turkey (X tons), Argentina (X tons), Malaysia (X tons), Germany (X tons) and Vietnam (X tons) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Argentina (with a CAGR of +10.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fertilizer importing markets into Puerto Rico were Brazil ($X), the United States ($X) and India ($X), with a combined 41% share of total imports. China, Australia, France, Thailand, Argentina, Indonesia, Turkey, Vietnam, Germany and Malaysia lagged somewhat behind, together accounting for a further 24%.

Argentina, with a CAGR of +9.8%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, leveling off at the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Argentina ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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 Brazil, the United States and India, with a combined 32% share of global consumption. These countries were followed by China, Russia, Indonesia, Canada, France, Vietnam, Thailand, Australia, Pakistan and Iran, 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 the United States, with a combined 36% share of global production. These countries were followed by India, Canada, Belarus, Morocco, Saudi Arabia, Iran, Indonesia, Egypt, Germany and the Netherlands, which together accounted for a further 29%.

What are the leading suppliers of fertilizers to Puerto Rico?

In value terms, the largest fertilizer importing markets into Puerto Rico were Brazil, the United States and India, with a combined 41% share of total imports. These countries were followed by China, Australia, France, Thailand, Argentina, Indonesia, Turkey, Vietnam, Germany and Malaysia, which together accounted for a further 24%.

What are the leading importers of fertilizers from Puerto Rico?

In value terms, China, Russia and the United States constituted the countries with the highest levels of exports in 2021, together comprising 39% of total exports. These countries were followed by Canada, Morocco, Belarus, Saudi Arabia, the Netherlands, Germany, Belgium, Malaysia, Norway and Indonesia, which together accounted for a further 31%.

What is the average export price for fertilizers in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per ton in 2021, remaining stable against the previous year.

What is the average import price for fertilizers in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per ton in 2021, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the fertilizer market in Puerto Rico. 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:

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Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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