Report Update: May 1, 2024

Brazil - Phosphatic Fertilizers - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Article Publishing Date: Apr 23, 2024

Brazil's Import of Phosphatic Fertilizer Drops to $1.1B in 2023

Brazil Phosphatic Fertilizer Imports

In 2023, supplies from abroad of phosphatic fertilizers decreased by -12.8% to 3.7M tons for the first time since 2020, thus ending a two-year rising trend. In general, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 91%. Imports peaked at 4.2M tons in 2022, and then fell in the following year.

In value terms, phosphatic fertilizer imports contracted notably to $1.1B (IndexBox estimates) in 2023. Over the period under review, imports, however, posted a noticeable expansion. The pace of growth was the most pronounced in 2021 with an increase of 211% against the previous year. Over the period under review, imports reached the peak figure at $1.6B in 2022, and then shrank remarkably in the following year. Brazil Phosphatic Fertilizer Imports By Country (Million USD)

COUNTRY	Import Value of Phosphatic Fertilizer in Brazil (million USD)
COUNTRY	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Egypt	73.6	78.0	45.6	36.9	48.6	98.5	123	71.7	283	496	292
Morocco	245	193	118	110	130	153	135	120	220	320	287
China	125	79.3	96.5	37.6	13.9	68.8	76.0	42.2	360	244	217
Israel	154	97.5	101	66.6	81.6	118	122	78.6	130	262	175
Spain	5.7	2.3	18.6	14.2	1.1	12.4	9.2	5.7	27.0	57.5	58.0
Mexico	9.5	5.6	10.0	N/A	N/A	N/A	16.7	1.3	8.2	N/A	19.4
Lebanon	23.6	10.8	22.9	N/A	16.5	26.7	8.3	N/A	21.0	30.3	11.6
Tunisia	52.5	37.7	13.1	17.2	5.7	N/A	11.3	15.3	N/A	40.3	8.2
Others	0.7	0.4	7.4	41.6	24.0	23.9	15.9	6.1	10.3	118	34.6
Total	689	505	434	324	321	501	517	340	1,059	1,568	1,102

Imports by Country

Egypt (1.3M tons), Morocco (688K tons) and Israel (623K tons) were the main suppliers of phosphatic fertilizer imports to Brazil, with a combined 72% share of total imports. China, Spain, Mexico, Lebanon and Tunisia lagged somewhat behind, together comprising a further 25%.

From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +23.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest phosphatic fertilizer suppliers to Brazil were Egypt ($292M), Morocco ($287M) and China ($217M), with a combined 72% share of total imports. Israel, Spain, Mexico, Lebanon and Tunisia lagged somewhat behind, together comprising a further 25%.

Spain, with a CAGR of +26.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Imports by Type

In 2023, superphosphates (3.6M tons) was the main type of phosphatic fertilizers supplied to Brazil, accounting for a 97% share of total imports. It was followed by phosphatic fertilizers other than superphosphates (100K tons), with a 2.7% share of total imports.

From 2013 to 2023, the average annual rate of growth in terms of the volume of superphosphates imports stood at +5.8%.

In value terms, superphosphates ($1B) constituted the largest type of phosphatic fertilizers supplied to Brazil, comprising 95% of total imports. The second position in the ranking was taken by phosphatic fertilizers other than superphosphates ($60M), with a 5.4% share of total imports.

Import Prices by Country

In 2023, the phosphatic fertilizer price stood at $301 per ton (CIF, Brazil), shrinking by -19.4% against the previous year. In general, the import price continues to indicate a mild downturn. The growth pace was the most rapid in 2021 when the average import price increased by 63%. Over the period under review, average import prices hit record highs at $373 per ton in 2022, and then reduced remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Morocco ($417 per ton), while the price for Egypt ($221 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the phosphatic fertilizer market in Brazil. 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:

FCL 4012 - Superphosphates above 35%
FCL 4013 - Superphosphates, other
FCL 4014 - Other phosphatic fertilizers, n.e.c.

Country coverage:

Brazil

Data coverage:

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

Brazil - Phosphatic Fertilizers - Market Analysis, Forecast, Size, Trends And Insights

Brazil's Import of Phosphatic Fertilizer Drops to $1.1B in 2023

Brazil Phosphatic Fertilizer Imports

Imports by Country

Imports by Type

Import Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

Recommended posts