Fertilizer Industry 2023

View Trends, Analysis and Statistics.

Rely on our Market Intelligence platform to get the latest trends on the Fertilizer Industry and anticipate the future of the sector.

View >

Global Fertilizer Industry 2023‑2027

  • 31886 reports

  • Fertilizer Price, Fertilizer Consumption, Fertilizer Export…
  • 69325 statistics

  • Fertilizer Price, Fertilizer Import…
View >

European Fertilizer Industry 2023‑2027

  • 3077 reports

  • Fertilizer Price, Fertilizer Production, Fertilizer Consumption, Fertilizer Export…
  • 15147 statistics

  • Fertilizer Production, Fertilizer Import…
View >

Asian Fertilizer Industry 2023‑2027

  • 2813 reports

  • Fertilizer Consumption, Fertilizer Export, Fertilizer Production…
  • 2782 statistics

  • Fertilizer Import, Fertilizer Production…
View >

South Asian Fertilizer Industry 2023‑2027

  • 1390 reports

  • Fertilizer Production, Fertilizer Import…
  • 385 statistics

  • Fertilizer Price, Fertilizer Production, Fertilizer Consumption, Fertilizer Import…
View >

African Fertilizer Industry 2023‑2027

  • 1258 reports

  • Fertilizer Import, Fertilizer Price, Fertilizer Sales, Fertilizer Export…
  • 1841 statistics

  • Fertilizer Consumption, Fertilizer Sales, Fertilizer Export…
View >

North American Fertilizer Industry 2023‑2027

  • 1347 reports

  • Fertilizer Production, Fertilizer Export, Fertilizer Sales…
  • 436 statistics

  • Fertilizer Production, Fertilizer Sales, Fertilizer Export…
View >

East European Fertilizer Industry 2023‑2027

  • 1459 reports

  • Fertilizer Sales, Fertilizer Import, Fertilizer Production…
  • 2965 statistics

  • Fertilizer Import, Fertilizer Price, Fertilizer Production, Fertilizer Consumption…
View >

Indian Fertilizer Industry 2023‑2027

  • 1052 reports

  • Fertilizer Production, Fertilizer Import, Fertilizer Sales…
  • 96 statistics

  • Fertilizer Export, Fertilizer Sales, Fertilizer Price, Fertilizer Production…

Top insights for Fertilizer Markets:

The global demand for fertiliser nutrients (consisting of nitrogen (N), phosphate (P2O5) and potassium (K2O)) is expected to reach 191.4 million tons by the middle of 2020.

Between FY 2017 and FY 2020, global fertilizer demand is expected to increase by 1.5%, with stronger growth for K2O than for N and P2O5 .

In the last five years between 2014-2019, world nitrogen fertilizer demand has increased by 1.24%, P2O5 demand by 1.97%, K2O demand by 2.47% compound growth rate.

It is estimated that growing fertilizer application and more water usage by irrigation have been responsible for over 70 percent of the crop yield increase throughout the world.

Following 1.3% growth in 2017/18, global fertilizer consumption is seen as dropping by 1.0% in 2018/19, to 190 Mt. This contraction reflects a combination of low international prices for most crops; unfavorable weather in important agricultural and fertilizer-consuming areas (e.g. the central US and eastern Australia); currency depreciation in some fertilizer-importing countries, especially Turkey and Pakistan; trade tensions between China and the US and between Russia and Ukraine; sanctions against Iran; and increasing emphasis on the more efficient use of fertilizers in developed countries and China.

The use of agrochemicals in fertilisers, herbicides, insecticides and pesticides is rising because of increasing demand for agro products owing to rapid industrialisation and population growth globally.

According to TechSci Research report, Global Sulphur Fertilizers Market is projected to reach USD 6.35 Billion by 2023 at a CAGR of over 3% owing to the growing need of sulphur fertilizers for higher productivity due to the constantly growing demand for agriculture.

Overview per country:

  • China: China imported 5.56 million metric tons of fertilizers in the first half of 2018, a considerable increase of 19.1% year-on-year (6.9 percentage points higher compared to the same period of last year).
  • South Africa: Exports of South African fertiliser products have declined across all product groups over the past few years, due to adverse weather conditions in many key markets, a shortage of foreign exchange in some markets (such as Zimbabwe), and increasing competition from cheap imports from China and India.
  • EU: Western and Central Europe consumed 17 371 tonnes or 9.3% of global consumption of phosphate based fertilizers in 2018. The EU is a net importer of nitrogen and phosphate fertilizers: while producing 9% of global nitrogen fertilizers and 3% of global phosphate fertilizers, it consumed 10% of global nitrogen, 7% of global phosphate and 10% of global potash in 2016.

Top view datapoints for Fertilizer Markets:

  • Fertilizer Price in the World, Forecast - 1990 to 2028
  • Fertilizer Consumption in the World - 2002 to 2019
  • Forecast [COVID-19 updated]: Fertilizer Consumption in the World - 2019 to 2023
  • Nitrogen Fertilizer Production in the World - 2002 to 2019
  • Forecast [COVID-19 updated]: Nitrogen Fertilizer Production in the World - 2019 to 2023
View More Insights
Customer Support

Talk to Sam

+33 4 37 65 17 06

More countries