Brazil Fertilizer Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Brazil fertilizers market is segmented by Product (Nitrogenous Fertilizers, Phosphatic Fertilizers, Potash Fertilizers, Secondary Nutrient Fertilizers, and Micronutrient Fertilizers), and Application (Grains & Cereals, Pulses & Oilseeds, Commercial Crops, Fruits & Vegetables, and Other Applications).

Market Snapshot

Market Snapshot 1
Study Period:

2016- 2026

Base Year:



4.4 %

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Market Overview

The Brazil fertilizers market is projected to register a CAGR of 4.4% during the forecast period (2021-2026).

The impact of the COVID-19 pandemic on Brazil's Fertilizer market has been minimal, mainly due to reduced transportation barriers. The lockdown restrictions have been exempted by the government for all types of agricultural activities, hence there has been no such effect of corona outbreak. Indeed, the fertilizer market has registered positive growth compared to last year, due to panic buying behavior from farmers.

The potential expandable agricultural land, the growing demand for micronutrient fertilizer, and government subsidies for agricultural inputs are the major factors driving the growth of the market studied. Currently, 33.0% of the country’s total land is used for agriculture. Brazil, being a large agricultural producer, offers many opportunities for agrochemical companies. The market is witnessing several joint ventures between global players that are likely to increase their market share and make Brazil fertilizers market a technology-based fertilizer market.

Scope of the Report

The International Fertilizer Association defines a fertilizer as “any solid, liquid, or gaseous substance containing one or more plant nutrient in known amount, that is applied to the soil, directly on plants or added aqueous solutions (as in fertigation) to maintain soil fertility, improve crop development, yield, and/or crop quality”. The report defines the fertilizer market in terms of end-users. The Brazil fertilizers market is segmented by Product (Nitrogenous Fertilizers, Phosphatic Fertilizers, Potash Fertilizers, Secondary Nutrient Fertilizers, and Micronutrient Fertilizers), and Application (Grains & Cereals, Pulses & Oilseeds, Commercial Crops, Fruits & Vegetables, and Other Applications).

Nitrogenous Fertilizers
Calcium Ammonium Nitrate
Ammonium Nitrate
Ammonium Sulfate
Anhydrous Ammonia
Other Nitrogenous Fertilizers
Phosphatic Fertilizers
Mono-Ammonium Phosphate (MAP)
Di-Ammonium Phosphate (DAP)
Triple Superphosphate (TSP)
Other Phosphatic Fertilizers
Potash Fertilizers
Muriate of Potash
Other Potash Fertilizers
Secondary Nutrient Fertilizers
Micronutrient Fertilizers
Grains and Cereals
Pulses and Oilseeds
Commercial Crops
Fruits and Vegetables
Other Applications

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Key Market Trends

Increasing Fertilizer Imports in Brazil

According to National Fertilizer Association (ANDA), in the first ten months of 2018, the total fertilizer volume supplied to the Brazilian market increased by 3.9%. The survey conducted by ANDA revealed that average spending by farmers on fertilizer continued to increase, as it becomes more difficult to expand the planted areas. The trade statistics of the country are likely to remain heavily dependent on fertilizer imports. Brazil’s fertilizer imports reached about 75.0% of total domestic use in 2017-18. According to ANDA, fertilizer imports were up by 4.5% in 2018, in line with the historic five-year average. For the first 10 months of 2018, the national fertilizer production was down by 2.9% from the previous year, which was a better performance than the five-year average annual decline of 4%. Thus, the increasing import dependency, coupled with the rising fertilizer use in the country, is likely to accelerate the sales of fertilizers in the years to come.

Brazil Fertilizers Market, Fertilizer Use in %, 2018

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Potassic Fertilizer Dominates the Market

Brazil accounts for 66.0% of total domestically-used fertilizer in South America, and it is continuing to expand its growing areas for crops. Hence, the fertilizer demand increased in the recent years. This trend is expected to continue, even with the planted area not expanding as fast in 2018 as it grew in the past years. According the FAO, murate of potash acquires the highest share in the potassic fertilizer use in agriculture, accounting for 499.08 thousand ton in 2016 and 484.87 thousand metric ton in 2017. Potassic is the fastest-growing fertilizer segment, due to increasing soybean cultivation in Brazil. Furthermore, potassic fertilizer is suitable for low-fertile and acid soils of tropical Brazil, which helps in increasing the yield and productivity of the sagricultural crop that is driving the growth of the segment

Brazil Fertilizers Market, Consumption Value of Potassic Fertilizers in USD million, 2018-2020

Competitive Landscape

The Brazil fertilizer market is fairly fragmented. The companies in the market are not only competing based on product quality and promotion but are also focused on strategic moves to hold larger market shares. New product launches, partnerships, and acquisitions are the major strategies adopted by the leading companies in the Brazilian fertilizer market. Fertilizantes Heringer S.A., Yara International ASA, The Mosaic Company, Nutrien Ltd, and Eurochem Group are some of the key players operating in the market.

Recent Developments

In November 2019, Yara International had done an agreement to buy Vale SA's fertilizer complex in Cubatao, Brazil this acquisition will allow Yara to double its fertilizer production capacity in Brazil to 3 million tonnes per year.

In January 2018, Mosaic Company Acquired Brazilian Vale Fertilizantes. This acquisition will provide Mosaic a tremendous opportunity to capitalize on the fast-growing Brazilian agricultural market and from improving business conditions.

Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Competitive Rivalry


    1. 5.1 Product

      1. 5.1.1 Nitrogenous Fertilizers

        1. Urea

        2. Calcium Ammonium Nitrate

        3. Ammonium Nitrate

        4. Ammonium Sulfate

        5. Anhydrous Ammonia

        6. Other Nitrogenous Fertilizers

      2. 5.1.2 Phosphatic Fertilizers

        1. Mono-Ammonium Phosphate (MAP)

        2. Di-Ammonium Phosphate (DAP)

        3. Triple Superphosphate (TSP)

        4. Other Phosphatic Fertilizers

      3. 5.1.3 Potash Fertilizers

        1. Muriate of Potash

        2. Other Potash Fertilizers

      4. 5.1.4 Secondary Nutrient Fertilizers

      5. 5.1.5 Micronutrient Fertilizers

    2. 5.2 Application

      1. 5.2.1 Grains and Cereals

      2. 5.2.2 Pulses and Oilseeds

      3. 5.2.3 Commercial Crops

      4. 5.2.4 Fruits and Vegetables

      5. 5.2.5 Other Applications


    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Adubos Sudoeste

      2. 6.3.2 Brazil Potash

      3. 6.3.3 Bunge Limited

      4. 6.3.4 EuroChem

      5. 6.3.5 Fertilizantes Heringer SA

      6. 6.3.6 Fertipar

      7. 6.3.7 ICL Fertilizers

      8. 6.3.8 The Mosaic Company

      9. 6.3.9 Nutrien Ltd

      10. 6.3.10 Yara International ASA



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Frequently Asked Questions

The Brazil Fertilizer Market market is studied from 2016 - 2026.

The Brazil Fertilizer Market is growing at a CAGR of 4.4% over the next 5 years.

  • Fertilizantes Heringer S.A.
  • Yara International ASA
  • The Mosaic Company
  • Nutrien Ltd.
  • Eurochem Group

Are the major companies operating in Brazil Fertilizer Market.

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