Mixed Nitrogen and Phosphorus Fertilizers Market

Mixed nitrogen and phosphorus fertilizers market: discover the most recent facts and figures powered by an Ai-driven business intelligence platform. Info include imports, companies, exports, production, market size, market prices, consumption, and trade. Here is a breakdown by region, including the U.K., Russia, the U.S., the Middle East, China, Africa, EU, and Latin America. Market trends and outlook to 2030 are also provided in the dashboards.


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Mixed Nitrogen and Phosphorus Fertilizers - World's Largest Markets

RatingCountry
1China
2India
3United States
4Russia
5Germany

In value terms, China, India and the United States were the countries with the highest levels of market value in 2020, together accounting for 41% of the global market. These countries were followed by Russia, Germany, Brazil, Turkey, Indonesia, Ethiopia, Iran and the UK, which together accounted for a further 25%.

In terms of the main consuming countries, Ethiopia (+342.6% per year) recorded the highest rates of growth with regard to market size, over the period under review, while mixed nitrogen and phosphorus fertilizers market for the other global leaders experienced more modest paces of growth.

Mixed Nitrogen and Phosphorus Fertilizers Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Russia272281218-10.5%
Greece299282223-13.6%
China357264234-19.0%
Turkey333352235-16.0%
South Korea287280242-8.2%
Kazakhstan299292256-7.5%
Indonesia265265258-1.3%
Bulgaria396331261-18.8%
Belgium336341267-10.9%
Morocco357358287-10.3%
United States389426323-8.9%
Lithuania607449326-26.7%
Average351343286-9.8%

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Lithuania ($326 per ton) and the United States ($323 per ton), while Russia ($218 per ton) and Greece ($223 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Thailand3833944002.2%
Argentina385410373-1.6%
Canada392451373-2.5%
Ethiopia3233713290.9%
United States431410319-14.0%
Ukraine307319295-2.0%
Brazil357328293-9.4%
India315304278-6.1%
Romania326320270-9.0%
Philippines281267251-5.5%
Turkey298269250-8.4%
Peru251249242-1.8%
Mexico279293240-7.3%
Average357351315-6.0%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Thailand ($400 per ton), while Mexico ($240 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Thailand, while the other global leaders experienced mixed trends in the import price figures.

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Mixed Nitrogen and Phosphorus Fertilizers - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Brazil0.70.70.6-7.7%
Ethiopia0.020.040.3343.8%
Thailand0.40.30.3-13.7%
Canada0.20.30.23.8%
India0.030.090.2168.7%

In value terms, Brazil ($613M), Ethiopia ($308M) and Thailand ($267M) appeared to be the countries with the highest levels of imports in 2020, together comprising 42% of global imports.

Ethiopia (+343.8% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Mixed Nitrogen and Phosphorus Fertilizers - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.70.70.7-1.5%
Morocco0.30.40.422.3%
Russia0.40.30.3-9.5%
China0.60.30.2-33.8%
Kazakhstan0.020.090.08123.6%

In value terms, the United States ($670M), Morocco ($395M) and Russia ($312M) were the countries with the highest levels of exports in 2020, together comprising 56% of global exports. These countries were followed by China, Kazakhstan, South Korea, Indonesia, Belgium, Lithuania, Greece, Bulgaria and Turkey, which together accounted for a further 29%.

Lithuania (+448.9% per year) recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Mixed Nitrogen and Phosphorus Fertilizers - Market Forecast

Driven by rising demand for mixed nitrogen and phosphorus fertilizers worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Mixed Nitrogen and Phosphorus Fertilizers - Product Coverage

  • HS 310551 - Fertilizers, mineral or chemical; containing nitrates and phosphates
  • HS 310559 - Fertilizers, mineral or chemical; containing the two fertilizing elements nitrogen and phosphorus, other than nitrates and phosphates
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Top Import Markets for Mixed Fertilizer: Key Statistics and Analysis
Feb 9, 2024
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Discover the world's best import markets for mixed fertilizer and their key statistics. Gain insights into the demand and importance of fertilizers in global agriculture.

The Best Import Markets for Monoammonium Phosphate in the World
Oct 26, 2023
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Monoammonium phosphate (MAP) is a widely used fertiliser that provides essential nutrients to plants, promoting healthy growth and increasing crop yields. This article explores the top import markets for MAP, including Brazil, Canada, Australia, Argentina, the United States, India, South Africa, Mexico, Paraguay, and Japan. These countries have significant agricultural industries and high demand for MAP to support their crop productivity.

Top Import Markets for NPK Fertilizer | Key Statistics and Numbers
Oct 2, 2023
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Explore the top import markets for NPK fertilizer and delve into key statistics and numbers. Brazil, India, China, Thailand, and Spain are the world's leading markets. Learn about their reliance on imported fertilizer and the role it plays in meeting the global demand for agricultural fertilizers.

Global NPK Fertilizer Trade Surpasses $7.5B with Rising Exports from Russia and Norway
Apr 18, 2022
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Global trade in NPK fertilizers steadily rises, with the leading exporters, Russia and Norway, ramp up supplies actively. 

The World's Best Import Markets for Diammonium Phosphate
Nov 21, 2023
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Explore the top import markets for diammonium phosphate based on data from the IndexBox market intelligence platform. Discover the key statistics and numbers for countries like India, Bangladesh, Pakistan, Japan, and more.

The World's Top Import Markets for Fertilizer
Oct 23, 2023
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Explore the top import markets for fertilizer worldwide, including Brazil, India, the United States, China, and more. Discover key statistics and import values provided by the IndexBox market intelligence platform.

The World's Best Import Markets for Fertilizers
Jun 23, 2023
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Discover the top import markets for fertilizers, including Brazil, India, the United States, China, and France. Explore their import values and the factors driving the demand for fertilizers in these countries.

Fertilizer Prices Spike and Will Continue Rallying Next Year
Dec 17, 2021
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Fertilizer prices continue to ramp up due to a shortage in supply caused by lower output in EU countries. High natural gas costs shape that growth because gas accounts for up to 80% of variable costs in nitrogen fertilizer production. Urea prices spiked exceptionally high to $900 per ton in November 2021, gaining 30% against the previous month. Phosphate rock price rose by 4%, while diammonium phosphate and triple superphosphate were both up by 8%. Next year, fertilizer prices are projected to climb further due to a continued shortage in supply, but if costs for natural gas maintain their downward trend, they will hold the price increases back.

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