Track the latest insights on NPK Fertiliser price trend and forecast with detailed analysis of regional fluctuations and market dynamics across Europe, North America, Middle East & Africa, Asia Pacific, and Latin America.
Product
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Category | Region | Price |
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NPK Fertiliser | Chemical | USA | 612 USD/MT |
NPK Fertiliser | Chemical | Switzerland | 583 USD/MT |
NPK Fertiliser | Chemical | Germany | 778 USD/MT |
During the last quarter of 2024, the NPK Fertiliser prices in the USA reached 612 USD/MT in December. As per the NPK Fertiliser price chart, the prices increased by around 7.55% compared to the same quarter last year. Fertiliser demand in the United States is highly seasonal, with peak demand occurring during spring planting. This seasonality creates fluctuations in prices. Moreover, domestic production costs, including the cost of natural gas and other raw materials also influenced the Fertiliser prices.
In Q4 2024, the NPK Fertiliser prices in Switzerland reached 583 USD/MT in December. The prices witnessed an increment of 6.19% as compared to December 2023. The global dynamics of supply and demand, which are greatly impacted by geopolitical factors such as the conflict in Ukraine, shifting natural gas prices, and changes in the production capacities of major Fertiliser exporting nations, were the main causes of the price volatility of NPK Fertiliser in Switzerland in Q4 2024.
During the last quarter of 2024, the NPK Fertiliser prices in Germany reached 778 USD/MT in December. The prices increased by around 7.60% more than in the same period last year. Natural gas is a crucial input in the production of nitrogen-based Fertilisers. Hence, volatility in natural gas prices, particularly in Europe, directly affected Fertiliser production costs.
Product
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Category | Region | Price |
---|---|---|---|
NPK Fertiliser | Chemical | USA | 569 USD/MT |
NPK Fertiliser | Chemical | Switzerland | 549 USD/MT |
NPK Fertiliser | Chemical | Germany | 723 USD/MT |
The NPK fertiliser prices in the United States for Q3 2023 reached 569 USD/MT in September. The market reflected a mixed pricing trend influenced by an increase in agricultural demand and an influx of supplies in 2023. However, as the year progressed, these factors, along with variable energy and operational costs, led to uneven market conditions and a challenging environment for price stability across the region.
The price trend for NPK fertiliser in Switzerland for Q3 2023, reached 549 USD/MT in September. The market experienced a robust development, driven by heightened demand from end user industries. While trading activities faced limitations, the market’s upward trajectory was further constricted by rising crude oil and other energy sources prices. Additionally, disruptions in the Red Sea route led to a limited supply from overseas, causing product scarcity and an increase in prices.
The price trend for NPK fertiliser in Germany for Q3 2023, reached 723 USD/MT in September. The demand for NPK fertilizers remained high, supporting strong market momentum despite various challenges. Disruptions along the Red Sea route restricted overseas supply, leading to scarcity and price increases. Meanwhile, escalating energy costs and trading limitations posed additional hurdles, impacting the NPK fertilizers costs during the closing part of the year.
The report provides a detailed analysis of the NPK fertiliser market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the NPK fertiliser price trend.
The report offers a holistic view of the global NPK fertiliser pricing trends in the form of NPK fertiliser price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into NPK fertiliser historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into NPK fertiliser price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed NPK fertiliser demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Q4 2024:
The price volatility of natural gas, a crucial input for nitrogen-based Fertilisers, coupled with ongoing geopolitical tensions, supply chain disruptions, and the impact of the war in Ukraine on important Fertiliser-producing regions like Russia and Belarus, are the main causes of the volatility in NPK Fertiliser prices in Europe. These factors also contribute to unstable production costs and market dynamics.
Q3 2023:
During 2023, Europe's NPK fertilizer market faced challenges due to limited imports following disturbances along the Red Sea trading route, leading to product shortages and price increases. High demand from various industrial sectors sustained market growth, despite increasing prices for crude oil and other energies, and trading constraints. These factors collectively hindered price stability and impacted the overall market trajectory in Europe.
This analysis can be extended to include detailed NPK fertiliser price information for a comprehensive list of countries.
Region | Countries Covered |
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Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
Q4 2024:
As per NPK Fertiliser price chart, factors such as fluctuating natural gas prices, and the effect of global agricultural commodity prices on farmers margins had a large effect on Fertiliser prices. Besides this, production constraints and changing export strategies from key producing countries like Russia, Canada, and Belarus also influenced the prices.
Q3 2023:
In the latter half of 2023, the market in North America experienced fluctuating price trends, driven largely by varying feedstock costs. Initially buoyed by heightened demand from agriculture, the market faced challenges as increased supplies, both domestic and international, began to pressure pricing structures. Changes in energy production costs and operational expenses further influenced the market, causing prices to oscillate and creating a complex trading environment for industry participants.
Specific NPK fertiliser historical data within the United States and Canada can also be provided.
Region | Countries Covered |
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North America | United States and Canada |
The report explores the NPK Fertiliser pricing trends and NPK Fertiliser price index in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on NPK fertiliser prices for countries can also be provided.
Region | Countries Covered |
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Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Q4 2024:
The Asia Pacific region's NPK Fertiliser prices are largely influenced by changing supply sources. China has drastically cut exports to stabilize domestic prices, which has caused buyers to turn to alternative suppliers like Brazil and Russia. This has resulted in price volatility throughout the region, which is further influenced by changes in global demand and the ongoing effects of the Russia-Ukraine conflict on major Fertiliser-producing countries.
Q3 2023:
The Asia Pacific market underwent significant changes as suppliers shifted away from China toward alternative sources like Brazil and Russia during the latter quarter of 2023, aiming to meet regional demands more effectively. China's strict export restrictions, intended to stabilize domestic costs, resulted in static prices within its borders however caused price fluctuations across other parts of Asia. This redistribution of supply sources reshaped the pricing dynamics across the region.
This NPK fertiliser price analysis can be expanded to include a comprehensive list of countries within the region.
Region | Countries Covered |
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Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America's NPK Fertiliser market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in NPK Fertiliser prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, NPK Fertiliser price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing NPK Fertiliser pricing trends in this region.
This comprehensive review can be extended to include specific countries within the region.
Region | Countries Covered |
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Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
IMARC’s newly published report, titled “NPK Fertiliser Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of NPK fertiliser pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of NPK fertiliser at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of NPK fertiliser price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing NPK fertiliser price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
The global NPK fertiliser industry size reached US$ 18.9 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 32.48 Billion, at a projected CAGR of 6.20% during 2023-2032.
The report covers the latest developments, updates, and trends impacting the global NPK Fertiliser industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in NPK Fertiliser production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the NPK Fertiliser price trend.
Latest developments in the NPK fertiliser industry:
NPK fertiliser is a type of multi-nutrient fertilizer that contains three essential nutrients: nitrogen (N), phosphorus (P), and potassium (K). These nutrients are vital for plant growth and development. Nitrogen is crucial for leaf and stem growth, promoting lush, green foliage. Phosphorus is important for root development, flower formation, and seed production, enhancing the overall reproductive processes of plants. Potassium plays a key role in overall plant health, improving disease resistance, water uptake, and nutrient absorption. NPK fertilisers are available in various ratios, tailored to meet the specific needs of different plants and soil conditions. They are widely used in agriculture, gardening, and horticulture to ensure balanced nutrient supply, thereby maximizing crop yield and quality. The balanced formulation of NPK fertilisers helps in addressing soil nutrient deficiencies, promoting healthy plant growth, and ensuring sustainable agricultural practices.
Key Attributes | Details |
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Product Name | NPK Fertiliser |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, NPK Fertiliser Price Analysis, and Segment-Wise Assessment. |
Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
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Customization Scope | The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
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Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |