Report Update May 1, 2024

Bolivia - Phosphatic Fertilizers - Market Analysis, Forecast, Size, Trends and Insights

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Bolivia: Phosphatic Fertilizer Market 2024

Phosphatic Fertilizer Market Size in Bolivia

The Bolivian phosphatic fertilizer market expanded notably to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption posted a prominent expansion. Phosphatic fertilizer consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Phosphatic Fertilizer Production in Bolivia

In value terms, phosphatic fertilizer production stood at $X in 2022 estimated in export price. Overall, production saw a precipitous descent. The most prominent rate of growth was recorded in 2018 with an increase of X,800%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Phosphatic Fertilizer Exports

Exports from Bolivia

In 2019, overseas shipments of phosphatic fertilizers decreased by X% to X tons for the first time since 2016, thus ending a two-year declining trend. In general, exports enjoyed a significant increase. The smallest decline of X% was in 2017. The exports peaked in 2019 and are expected to retain growth in years to come.

In value terms, phosphatic fertilizer exports amounted to $X in 2019. Over the period under review, exports saw a abrupt descent. The smallest decline of X% was in 2017. The exports peaked at $X in 2016; however, from 2017 to 2019, the exports failed to regain momentum.

Exports by Country

Peru (X tons) was the main destination for phosphatic fertilizer exports from Bolivia, accounting for a approx. X% share of total exports.

From 2016 to 2019, the average annual rate of growth in terms of volume to Peru totaled X%.

From 2016 to 2019, the average annual rate of growth in terms of value to Peru stood at X%.

Export Prices by Country

In 2019, the average phosphatic fertilizer export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2017 a decrease of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2019, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2016 to 2019, the rate of growth in terms of prices for Peru amounted to X% per year.

Phosphatic Fertilizer Imports

Imports into Bolivia

In 2022, phosphatic fertilizer imports into Bolivia surged to X tons, with an increase of X% on the year before. Overall, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, phosphatic fertilizer imports stood at $X in 2022. In general, imports enjoyed prominent growth. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main phosphatic fertilizer supplier to Bolivia, with a X% share of total imports. It was followed by Peru (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil totaled X%.

In value terms, Brazil ($X) constituted the largest supplier of phosphatic fertilizers to Bolivia, comprising X% of total imports. The second position in the ranking was taken by Peru ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the average phosphatic fertilizer import price amounted to $X per ton, dropping by X% against the previous year. In general, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Brazil stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for phosphatic fertilizers in the world?

The countries with the highest volumes of consumption in 2023 were Brazil, India and Indonesia, together accounting for 49% of global consumption. Israel, China, Vietnam, Mexico, Bangladesh, Egypt, Belarus and the United States lagged somewhat behind, together accounting for a further 28%.

What are the largest producers of phosphatic fertilizers in the world?

The countries with the highest volumes of production in 2022 were India, Brazil and China, with a combined 46% share of global production. Israel, Morocco, Vietnam, Mexico, Egypt, Belarus, Argentina, Indonesia, Spain and Poland lagged somewhat behind, together accounting for a further 37%.

What are the leading suppliers of phosphatic fertilizers to Bolivia?

In value terms, Brazil constituted the largest supplier of phosphatic fertilizers to Bolivia, comprising 94% of total imports. The second position in the ranking was held by Peru, with a 3.6% share of total imports.

What is the average export price for phosphatic fertilizers in Bolivia?

The average phosphatic fertilizer export price stood at $3,469 per ton in 2019, therefore, remained relatively stable against the previous year.

What is the average import price for phosphatic fertilizers in Bolivia?

In 2022, the average phosphatic fertilizer import price amounted to $397 per ton, declining by -13.5% against the previous year.

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

Bolivia

Data coverage:

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