Inquire Before Buying
Speak to an Analyst 
Request Brochure 
Request CustomizationIMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.
Read More
Triple Superphosphate (TSP) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A23313
Year End
sale
Buy Now
Triple Superphosphate (TSP) Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Triple Superphosphate (TSP) | Chemical | USA | 468 USD/MT |
| Triple Superphosphate (TSP) | Chemical | Germany | 478 USD/MT |
The United States triple superphosphate (TSP) price for Q4 2023 in December was 468 USD/MT.
In Germany, triple superphosphate (TSP) prices for Q4 of 2023 reached 478 USD/MT.
Triple Superphosphate (TSP) Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Triple Superphosphate (TSP) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of triple superphosphate (TSP) 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 prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of triple superphosphate (TSP) price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing triple superphosphate (TSP) 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.
Triple Superphosphate (TSP) Market Analysis
The global triple superphosphate (TSP) market size reached US$ 11.27 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 17.63 Billion, at a projected CAGR of 5.10% during 2023-2032.
- The rising demand for agricultural products globally is the main driver for TSP market expansion, driven by the need to propel crop yields. As a highly concentrated phosphorus fertilizer, TSP is indispensable for increasing grain and cereal productivity.
- Farmers are increasingly embracing sustainable and precision farming techniques, incorporating TSP to minimize wastage and environmental footprint, thus optimizing nutrient management. Technological progress in fertilizer manufacturing is enhancing TSP production quality and efficiency, with innovations, including advanced granulation methods and improved purity levels yielding more effective products.
- Government incentives and subsidies, particularly in developing nations, are promoting fertilizer usage to enhance agricultural productivity and food security, thereby escalating TSP consumption. The rising awareness among farmers about soil health and balanced fertilization is also increasing TSP preference for addressing phosphorus deficiencies and boosting soil fertility.
- Emerging markets, especially in the Asia-Pacific and Latin America, are witnessing rapid agricultural growth, driving significant demand for TSP due to heightened farming activities and investments.
- Environmental regulations are compelling manufacturers to adopt eco-friendly production processes, impacting market dynamics.
- Global supply chain dynamics, including trade policies and transportation costs, also affect TSP availability and pricing. Additionally, a growing consumer preference for organic products poses challenges for synthetic fertilizers like TSP, though the need for high-yield farming to meet global food demand continues to support its use in conventional agriculture.
- Ongoing research and development investments are focused on creating more efficient and sustainable TSP products, aiming to improve phosphorus use efficiency and minimize environmental impacts, ensuring TSP's long-term sustainability.
- The shift towards high-analysis fertilizers, which provide higher nutrient content per unit weight, is gaining momentum. TSP, with its high phosphorus content, aligns perfectly with this trend, offering a concentrated nutrient source that promotes efficient nutrient management practices.
- Climate change is reshaping agricultural patterns, leading to more variability in crop yields and productivity.
- Digital agriculture and precision farming technologies are revolutionizing fertilizer use. TSP benefits significantly from these advancements, as farmers employ data-driven methods to optimize fertilizer application, minimizing waste and maximizing crop outcomes.
Triple Superphosphate (TSP) News
The report covers the latest developments, updates, and trends impacting the global triple superphosphate (TSP) market, 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 triple superphosphate (TSP) production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the triple superphosphate (TSP) price trend.
Latest developments in the triple superphosphate (TSP) industry:
- On 1st January 2024, Fyllo partnered with Coromandel International and Dhanuka Agritech to widen farmers’ reach through a large set of farmers with their strong channel and forces on the ground.
- On 22nd January 2024, IHI Corporation announced that it has concluded a memorandum of understanding with Yara Clean Ammonia Norge AS to jointly assess potential collaboration in the clean ammonia value chain.
Product Description
TSP is a phosphatic fertilizer with very high phosphoric content, containing 46% of P₂O₅as standard phosphorus pentoxide. It is prepared by a process involving treatment of phosphate rock with phosphoric acid. TSP is sodium phosphate used mainly in agricultural to improve soil nutrient and overall increase crop yield since it provides a vital nutrient that encourage root growth and transport of energy in plants.
TSP has a high nutrient concentration and can therefore be relied upon in applying the nutrients effectively and it also has the potential of correcting depleted phosphorus in the soil hence enhancing plant growth.
There are two main types of TSP, including fine in granules and powdery form. Granular TSP is preferred due to its application ease and its ability to provide an even coverage on large fields perfect for large scale farming, while powdered TSP is commonly used in specific, localized treatments or for mixing it with other fertilizers.
Regional Coverage
The report provides a detailed analysis of the triple superphosphate (TSP) market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends 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 triple superphosphate (TSP) price trend.
Global Triple Superphosphate (TSP) Price
The report offers a holistic view of the global triple superphosphate (TSP) pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.
Europe Triple Superphosphate (TSP) Price
European triple superphosphate (TSP) prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed triple superphosphate (TSP) price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| 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. |
North America Triple Superphosphate (TSP) Price
The analysis of triple superphosphate (TSP) prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.
Specific data on triple superphosphate (TSP) prices within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Triple Superphosphate (TSP) Price
The report explores the triple superphosphate (TSP) pricing trends 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 triple superphosphate (TSP) prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| 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. |
Asia Pacific Triple Superphosphate (TSP) Price
The triple superphosphate (TSP) pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This analysis can be further extended to include detailed triple superphosphate (TSP) prices for a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| 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 Triple Superphosphate (TSP) Price
The analysis of triple superphosphate (TSP) prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Triple Superphosphate (TSP) |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Triple Superphosphate (TSP) 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 |
|
| 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
|
| 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) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of triple superphosphate (TSP) pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting triple superphosphate (TSP) price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights, ensuring they remain at the forefront of the triple superphosphate (TSP) industry.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
Purchase Options Year End sale
For 2 Deliverables, Billed Annually
For 4 Deliverables, Billed Annually
For 12 Deliverables, Billed Annually
Benefits of Customization
Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-631-791-1145
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-714-6104
Email: sales@imarcgroup.com
Client Testimonials
The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required
Read More
We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra
Read More
Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.
Read More.webp)
We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.
Read More
The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.
Read More
The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.
Read More
My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.
Read More
I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.
Read More.webp){kind=logo}
We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.
Read More
IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.
Read More
IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.
Read More
I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested
Read More
Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.
Read More
The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.
Read More
I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you
Read More
The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.
Read More
One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.
Read More
We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.
Read More
The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.
Read More
The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.
Read More
The report is excellent and has good amount of data and our team is extremely happy with the information provided.
Read More
Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.
Read More