U.S.: Mixed Fertilizer Market 2024

Mixed Fertilizer Market Size in the U.S.

The U.S. mixed fertilizer market reduced to $X in 2022, shrinking by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Mixed Fertilizer Production in the U.S.

In value terms, mixed fertilizer production declined to $X in 2022. In general, production saw a pronounced decline. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Mixed fertilizer production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Mixed Fertilizer Exports

Exports from the U.S.

In 2022, shipments abroad of mixed fertilizers was finally on the rise to reach X tons after two years of decline. In general, exports, however, continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, mixed fertilizer exports surged to $X in 2022. Over the period under review, total exports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons), Brazil (X tons) and Mexico (X tons) were the main destinations of mixed fertilizer exports from the United States, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Canada ($X), Brazil ($X) and Argentina ($X) constituted the largest markets for mixed fertilizer exported from the United States worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Canada, with a CAGR of X%, 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 2022, the average mixed fertilizer export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price posted perceptible growth. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Mexico ($X 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 India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Mixed Fertilizer Imports

Imports into the U.S.

In 2022, approx. X tons of mixed fertilizers were imported into the United States; declining by X% on the year before. Over the period under review, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, mixed fertilizer imports reduced notably to $X in 2022. Overall, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped rapidly in the following year.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest supplier of mixed fertilizer to the United States, accounting for a X% share of total imports. Moreover, mixed fertilizer imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Russia (X tons), twofold. The third position in this ranking was held by Australia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Australia (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of mixed fertilizers to the United States, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Australia (X% per year).

Import Prices by Country

The average mixed fertilizer import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price saw temperate growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($X per ton) and Australia ($X per ton), while the price for Canada ($X per ton) and Saudi Arabia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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