Central Asia: Phosphatic Fertilizer Market 2024

Phosphatic Fertilizer Market Size in Central Asia

The Central Asian phosphatic fertilizer market skyrocketed to $X in 2022, jumping by X% against the previous year. Overall, consumption, however, showed a significant increase. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Phosphatic Fertilizer Production in Central Asia

In value terms, phosphatic fertilizer production skyrocketed to $X in 2022 estimated in export price. In general, production, however, saw a notable expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Phosphatic Fertilizer Exports

Exports in Central Asia

In 2022, approx. X tons of phosphatic fertilizers were exported in Central Asia; shrinking by X% compared with the year before. Over the period under review, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, phosphatic fertilizer exports soared to $X in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Uzbekistan prevails in exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by Kazakhstan (X tons), committing a X% share of total exports.

Uzbekistan was also the fastest-growing in terms of the phosphatic fertilizers exports, with a CAGR of X% from 2012 to 2022. Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan increased by X percentage points.

In value terms, Uzbekistan ($X) remains the largest phosphatic fertilizer supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Uzbekistan amounted to X%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, growing by X% against the previous year. In general, the export price posted strong growth. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%).

Phosphatic Fertilizer Imports

Imports in Central Asia

After two years of growth, overseas purchases of phosphatic fertilizers decreased by X% to X tons in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then reduced notably in the following year.

In value terms, phosphatic fertilizer imports reduced sharply to $X in 2022. Overall, imports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then fell notably in the following year.

Imports by Country

Turkmenistan was the main importer of phosphatic fertilizers in Central Asia, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Tajikistan (X tons), generating a X% share of total imports. Kyrgyzstan (X tons) followed a long way behind the leaders.

Turkmenistan was also the fastest-growing in terms of the phosphatic fertilizers imports, with a CAGR of X% from 2012 to 2022. At the same time, Tajikistan (X%) displayed positive paces of growth. By contrast, Kyrgyzstan (X%) illustrated a downward trend over the same period. Turkmenistan (X p.p.) significantly strengthened its position in terms of the total imports, while Tajikistan and Kyrgyzstan saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Turkmenistan ($X), Tajikistan ($X) and Kyrgyzstan ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Turkmenistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, increasing by X% against the previous year. In general, the import price, however, saw a slight shrinkage. The growth pace was the most rapid in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Tajikistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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