Central Asia: Mixed Fertilizer Market 2024

Mixed Fertilizer Market Size in Central Asia

The Central Asian mixed fertilizer market expanded markedly to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2022.

Mixed Fertilizer Production in Central Asia

In value terms, mixed fertilizer production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Mixed Fertilizer Exports

Exports in Central Asia

In 2022, approx. X tons of mixed fertilizers were exported in Central Asia; with a decrease of X% against 2021. In general, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced remarkably in the following year.

In value terms, mixed fertilizer exports shrank modestly to $X in 2022. Overall, exports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then declined modestly in the following year.

Exports by Country

Kazakhstan represented the key exporter of mixed fertilizers in Central Asia, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Uzbekistan (X tons), creating a X% share of total exports.

Kazakhstan was also the fastest-growing in terms of the mixed fertilizers exports, with a CAGR of X% from 2012 to 2022. Uzbekistan (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics.

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

In Kazakhstan, mixed fertilizer exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price recorded a tangible increase. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan amounted to $X per ton.

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

Mixed Fertilizer Imports

Imports in Central Asia

In 2022, approx. X tons of mixed fertilizers were imported in Central Asia; picking up by X% compared with the previous year. Overall, imports saw a significant increase. The growth pace was the most rapid in 2019 when imports increased by X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, mixed fertilizer imports surged to $X in 2022. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Uzbekistan (X tons) and Kazakhstan (X tons) prevails in imports structure, together mixing up X% of total imports. Tajikistan (X tons) ranks next in terms of the total imports with an X% share, followed by Kyrgyzstan (X%). Turkmenistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mixed fertilizer importing markets in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Tajikistan ($X), with a combined X% share of total imports.

Among the main importing countries, Uzbekistan, 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 more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, increasing by X% against the previous year. Import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mixed fertilizer import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tajikistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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