Phosphatic Fertilizer Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

The Phosphatic Fertilizer Market is segmented by Type (Straight), by Application Mode (Fertigation, Foliar, Soil), by Crop Type (Field Crops, Horticultural Crops, Turf & Ornamental) and by Region (Asia-Pacific, Europe, Middle East & Africa, North America, South America). The report offers market size in both market value in USD and market volume in metric ton. Further, the report includes a market split by Type, Form, Application Mode and Crop Type.

Phosphatic Fertilizer Market Size

Phosphatic Fertilizer Market Summary
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Icons Lable Value
https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2030
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 54.36 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2030) USD 82.33 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Product DAP
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2030) 7.16 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Region Asia-Pacific

Major Players

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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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Phosphatic Fertilizer Market Analysis

The Phosphatic Fertilizer Market size is estimated at 54.36 billion USD in 2024, and is expected to reach 82.33 billion USD by 2030, growing at a CAGR of 7.16% during the forecast period (2024-2030).

54.36 Billion

Market Size in 2024 (USD)

82.33 Billion

Market Size in 2030 (USD)

10.67 %

CAGR (2017-2023)

7.16 %

CAGR (2024-2030)

Fastest Growing Type

9.47 %

Projected CAGR, TSP, 2024-2030

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The TSP segment is experiencing notable growth. This fertilizer is gaining traction due to its effectiveness in promoting plant growth and enhancing crop yield.

Largest Segment by Crop Type

89.51 %

value share, Field Crops, 2023

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Growing field crops like wheat and corn depend on phosphorus for good growth. The increasing phosphorus deficiency is boosting the need for phosphorus fertilizers.

Largest Segment by Application Mode

93.81 %

value share, Soil, 2023

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Soil application is a common method used for applying phosphate fertilizers to address phosphorus deficiencies and promote plant growth as it is a cost-effective method.

Largest segment by Country

16.87 %

value share, Brazil, 2023

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The substantial consumption of phosphate fertilizers in the country to enhance soil fertility and promote plant growth has contributed to Brazil's dominance in the market.

Leading Market Player

4.64 %

market share, PhosAgro Group of Companies, 2022

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PhosAgro has a significant international presence, it's phosphatic fertilizers play a crucial role in enhancing soil fertility, contributing to its influence in the market.

Reducing phosphorous content in the soils and the need for the element in crop growth may drive the market

  • Diammonium phosphate (DAP) dominated the phosphatic fertilizer market in 2022, capturing a significant 41.3% global consumption share, equivalent to 30.9 million metric tons. Its popularity stems from its composition, with 46.0% phosphate and 18.0% ammonium, serving as a nitrogen source. This made DAP the top choice for farmers worldwide. The market value of DAP reached USD 23.3 billion in 2022.
  • Monoammonium phosphate (MAP) emerged as the second most favored phosphatic fertilizer, trailing behind DAP. The global MAP market, valued at USD 11.3 billion in 2022, witnessed a consumption volume of 15.3 million metric tons. Notably, MAP boasts a water-soluble P content of around 90%, surpassing the crop growth requirements.
  • Triple superphosphate (TSP), a pure phosphate-based fertilizer with the highest phosphate content of 46.0%, accounted for 21.1% of global phosphate fertilizer consumption in 2022. The TSP market is poised for growth, especially with the expansion of legume crop cultivation areas.
  • Single superphosphate (SSP) constituted 16.7% of global phosphatic fertilizer consumption in 2022. SSP finds significant usage in oilseed crops, owing to its role in providing crucial sulfur trace elements for edible oils and calcium nutrients in acidic soils. These factors indicate a potential uptick in SSP usage in the coming years.
  • The phosphatic fertilizer market is projected to witness robust growth, with an estimated CAGR of 7.0% from 2023 to 2030. This growth is primarily driven by the escalating global demand for phosphatic fertilizers as more farmers seek to enhance their crop yields.
Global Phosphatic Fertilizer Market

The need to improve productivity and rising demand to address the phosphate deficiency are expected to fuel the growth of the market

  • The Asia-Pacific region dominated the global phosphatic fertilizer market and accounted for about 58.6% of the total market value, accounting for about USD 32.8 billion in 2022. In 2022, DAP occupied a market share of 49.8% in the Asia-Pacific phosphatic fertilizers market. The greater demand for DAP in the region is due to its greater efficiency than other phosphatic fertilizers like TSP and SSP.
  • China was the world’s leading producer of phosphorus fertilizers, accounting for nearly 10.3% value share of the global phosphatic fertilizer market in 2022. Its exports represented approximately 25.3% of the world's exports. The top importers from China are Indonesia, Australia, and Iran.
  • North America secured the second-largest market share at 10.6%. Phosphatic fertilizers, after nitrogen fertilizers, are the second most crucial nutrient source for crops. In North America, mono ammonium phosphate (MAP) and diammonium phosphate (DAP) dominated the market in 2022, with shares of 66.3% and 30.9%, respectively. The high phosphate content in MAP drove its demand.
  • In 2022, the South American phosphatic fertilizer market held a 20.3% share of the global market, and it is projected to register a CAGR of 6.9% during 2023-2030.
  • The global phosphatic fertilizer market has witnessed a consistent upward trajectory in both value and volume, barring a dip in 2020, primarily attributed to the disruptions caused by the COVID-19 pandemic. However, the market value is expected to rebound during 2023-2030, driven by a decline in global cultivation areas.

Global Phosphatic Fertilizer Market Trends

The rising pressure on the agriculture industry to meet the growing food demand is expected to increase the area under field crop cultivation

  • The global agricultural sector grapples with numerous challenges. The United Nations projects a world population surpassing 9 billion by 2050, potentially straining an agricultural industry already struggling with labor shortages and shrinking fields due to urbanization. The Food and Agriculture Organization predicts that by 2050, 70% of the global population will reside in urban areas. With arable land dwindling worldwide, farmers are increasingly relying on fertilizers to bolster crop yields in an effort to meet the rising demand for food.
  • The Asia-Pacific region stands as the leading global agricultural producer, with agriculture employing roughly 20% of its workforce. Field crop cultivation dominates, encompassing over 95% of the region's crop area. Rice, wheat, and corn, collectively occupying 24.3% of the crop area in 2022, are the primary field crops in the region, which is a testament to the region's agricultural diversity and productivity.
  • North America ranks as the second-largest arable region globally, boasting a diverse crop portfolio with a focus on field crops. Notably, corn, cotton, rice, soybean, and wheat take center stage, as highlighted by the USDA. In 2022, the United States commanded 46.2% of North America's crop cultivation area. However, adverse environmental conditions, including severe flooding in regions like Texas and Houston, led to a significant drop in the country's crop acreage between 2017 and 2019, underscoring the vulnerability of agricultural production to climate change.
Global Phosphatic Fertilizer Market

Canola has the highest application rate of potassic fertilizers globally, with an average application rate of 248.6 kg/ha

  • Corn, rapeseed, cotton, sorghum, rice, wheat, and soybean are prominent crops globally, known for their high nutrient requirements. The average primary nutrient application rates for these crops in 2022 were as follows: corn (230.57 kg/ha), rapeseed (255.75 kg/ha), cotton (172.70 kg/ha), sorghum (158.46 kg/ha), rice (154.49 kg/ha), wheat (135.35 kg/ha), and soybean (120.97 kg/ha). Primary nutrients are vital for crops, facilitating metabolic processes and contributing to the formation of essential plant tissues, including cells, cell membranes, and chlorophyll. Notably, phosphorus is crucial for cultivating high-quality crops, while potassium plays a pivotal role in activating enzymes necessary for plant growth.
  • On a global scale, field crops have an average nutrient application rate of 164.31 kg/ha for nitrogen, potassium, and phosphorus. Nitrogen takes the lead as the most widely used primary nutrient, with an application rate of 224.6 kg/ha, followed by potassium at 150.3 kg/ha. Phosphorus ranks third, with a consumption rate of 117.9 kg/ha in 2022.
  • In 2022, rapeseed had the highest nitrogen application rate at 347.4 kg/ha. Corn led in phosphorus application at 156.3 kg/ha, and canola topped in potassium application at 248.6 kg/ha.
  • Field crop cultivation is rising globally, with notable growth in South America and Asia-Pacific. These regions are emerging as key markets for fertilizers. Developed regions like Europe and North America, along with areas grappling with nutrient deficiencies, are increasingly turning to specialty fertilizers for their efficacy. These dynamics are poised to fuel the primary nutrient fertilizers market in the coming years.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • The growing demand for fruits and vegetables drives the expansion of horticulture crop cultivation
  • Asia-Pacific occupies the majority of the irrigation area globally, accounting for 66.8% in 2022
  • Phosphorus plays a vital role in cultivating premium-grade fruit and vegetable crops, with an application rate of 297.3 kg/ha

Phosphatic Fertilizer Industry Overview

The Phosphatic Fertilizer Market is fragmented, with the top five companies occupying 14.99%. The major players in this market are Coromandel International Ltd., EuroChem Group, Indian Farmers Fertiliser Cooperative Limited, Nutrien Ltd. and PhosAgro Group of Companies (sorted alphabetically).

Phosphatic Fertilizer Market Leaders

  1. Coromandel International Ltd.

  2. EuroChem Group

  3. Indian Farmers Fertiliser Cooperative Limited

  4. Nutrien Ltd.

  5. PhosAgro Group of Companies

Phosphatic Fertilizer Market Concentration

Other important companies include K+S Aktiengesellschaft, Koch Industries Inc., SABIC Agri-Nutrients Co..

*Disclaimer: Major Players sorted in alphabetical order.

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Phosphatic Fertilizer Market News

  • April 2023: SABIC Agri-Nutrients Company acquired the ETC Group (ETG) with a 49% stake in the ETG Inputs Holdco Limited for a transaction value of USD 320 million. The agreement is part of SABIC Agri-Nutrients Company's strategy to integrate the value chain and distribution of agri-nutrients markets.
  • April 2023: K+S acquired a 75% share of the fertilizer business of a South African trading company, Industrial Commodities Holdings (Pty) Ltd (ICH). In addition to expanding the core business, K+S is strengthening its operations in southern and eastern Africa as a result of this acquisition. The newly acquired fertilizer business in the future is to be operated in a joint venture under the name of FertivPty Ltd.
  • November 2021: Coromandel International announced a new sulfur acid plant at Visakhapatnam. The plant will have a 1,650 metric ton per day production capacity.

Free with this Report

Along with the report, We also offer a comprehensive and exhaustive data pack with 25+ graphs on area under cultivation and average application rate per hectare. The data pack includes Globe, North America, Europe, Asia-Pacific, South America, and Africa.

Global Phosphatic Fertilizer Market
Global Phosphatic Fertilizer Market
Global Phosphatic Fertilizer Market
Global Phosphatic Fertilizer Market

Phosphatic Fertilizer Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. Acreage Of Major Crop Types

      1. 2.1.1. Field Crops

      2. 2.1.2. Horticultural Crops

    2. 2.2. Average Nutrient Application Rates

      1. 2.2.1. Primary Nutrients

        1. 2.2.1.1. Field Crops

        2. 2.2.1.2. Horticultural Crops

    3. 2.3. Agricultural Land Equipped For Irrigation

    4. 2.4. Regulatory Framework

    5. 2.5. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)

    1. 3.1. Type

      1. 3.1.1. Straight

        1. 3.1.1.1. Phosphatic

          1. 3.1.1.1.1. DAP

          2. 3.1.1.1.2. MAP

          3. 3.1.1.1.3. SSP

          4. 3.1.1.1.4. TSP

          5. 3.1.1.1.5. Others

    2. 3.2. Application Mode

      1. 3.2.1. Fertigation

      2. 3.2.2. Foliar

      3. 3.2.3. Soil

    3. 3.3. Crop Type

      1. 3.3.1. Field Crops

      2. 3.3.2. Horticultural Crops

      3. 3.3.3. Turf & Ornamental

    4. 3.4. Region

      1. 3.4.1. Asia-Pacific

        1. 3.4.1.1. Australia

        2. 3.4.1.2. Bangladesh

        3. 3.4.1.3. China

        4. 3.4.1.4. India

        5. 3.4.1.5. Indonesia

        6. 3.4.1.6. Japan

        7. 3.4.1.7. Pakistan

        8. 3.4.1.8. Philippines

        9. 3.4.1.9. Thailand

        10. 3.4.1.10. Vietnam

        11. 3.4.1.11. Rest of Asia-Pacific

      2. 3.4.2. Europe

        1. 3.4.2.1. France

        2. 3.4.2.2. Germany

        3. 3.4.2.3. Italy

        4. 3.4.2.4. Netherlands

        5. 3.4.2.5. Russia

        6. 3.4.2.6. Spain

        7. 3.4.2.7. Ukraine

        8. 3.4.2.8. United Kingdom

        9. 3.4.2.9. Rest of Europe

      3. 3.4.3. Middle East & Africa

        1. 3.4.3.1. Nigeria

        2. 3.4.3.2. Saudi Arabia

        3. 3.4.3.3. South Africa

        4. 3.4.3.4. Turkey

        5. 3.4.3.5. Rest of Middle East & Africa

      4. 3.4.4. North America

        1. 3.4.4.1. United States

      5. 3.4.5. South America

        1. 3.4.5.1. Argentina

        2. 3.4.5.2. Brazil

        3. 3.4.5.3. Rest of South America

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles

      1. 4.4.1. Coromandel International Ltd.

      2. 4.4.2. EuroChem Group

      3. 4.4.3. Indian Farmers Fertiliser Cooperative Limited

      4. 4.4.4. K+S Aktiengesellschaft

      5. 4.4.5. Koch Industries Inc.

      6. 4.4.6. Nutrien Ltd.

      7. 4.4.7. PhosAgro Group of Companies

      8. 4.4.8. SABIC Agri-Nutrients Co.

  7. 5. KEY STRATEGIC QUESTIONS FOR FERTILIZER CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. CULTIVATION OF FIELD CROPS IN HECTARE, GLOBAL, 2017 - 2022
  1. Figure 2:  
  2. CULTIVATION OF HORTICULTURAL CROPS IN HECTARE, GLOBAL, 2017 - 2022
  1. Figure 3:  
  2. CONSUMPTION OF PRIMARY NUTRIENTS BY FIELD CROPS IN KG/HECTARE, GLOBAL, 2022
  1. Figure 4:  
  2. CONSUMPTION OF PRIMARY NUTRIENTS BY HORTICULTURAL CROPS IN KG/HECTARE, GLOBAL, 2022
  1. Figure 5:  
  2. AGRICULTURAL LAND EQUIPPED FOR IRRIGATION IN HECTARE, GLOBAL, 2022
  1. Figure 6:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, GLOBAL, 2017 - 2030
  1. Figure 7:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, GLOBAL, 2017 - 2030
  1. Figure 8:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY PRODUCT IN METRIC TON, GLOBAL, 2017 - 2030
  1. Figure 9:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY PRODUCT IN USD, GLOBAL, 2017 - 2030
  1. Figure 10:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VOLUME BY PRODUCT IN %, GLOBAL, 2017 VS 2023 VS 2030
  1. Figure 11:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY PRODUCT IN %, GLOBAL, 2017 VS 2023 VS 2030
  1. Figure 12:  
  2. DAP FERTILIZER CONSUMPTION IN METRIC TON, GLOBAL, 2017 - 2030
  1. Figure 13:  
  2. DAP FERTILIZER CONSUMPTION IN USD, GLOBAL, 2017 - 2030
  1. Figure 14:  
  2. DAP FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GLOBAL, 2023 VS 2030
  1. Figure 15:  
  2. MAP FERTILIZER CONSUMPTION IN METRIC TON, GLOBAL, 2017 - 2030
  1. Figure 16:  
  2. MAP FERTILIZER CONSUMPTION IN USD, GLOBAL, 2017 - 2030
  1. Figure 17:  
  2. MAP FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GLOBAL, 2023 VS 2030
  1. Figure 18:  
  2. SSP FERTILIZER CONSUMPTION IN METRIC TON, GLOBAL, 2017 - 2030
  1. Figure 19:  
  2. SSP FERTILIZER CONSUMPTION IN USD, GLOBAL, 2017 - 2030
  1. Figure 20:  
  2. SSP FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GLOBAL, 2023 VS 2030
  1. Figure 21:  
  2. TSP FERTILIZER CONSUMPTION IN METRIC TON, GLOBAL, 2017 - 2030
  1. Figure 22:  
  2. TSP FERTILIZER CONSUMPTION IN USD, GLOBAL, 2017 - 2030
  1. Figure 23:  
  2. TSP FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GLOBAL, 2023 VS 2030
  1. Figure 24:  
  2. OTHERS FERTILIZER CONSUMPTION IN METRIC TON, GLOBAL, 2017 - 2030
  1. Figure 25:  
  2. OTHERS FERTILIZER CONSUMPTION IN USD, GLOBAL, 2017 - 2030
  1. Figure 26:  
  2. OTHERS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GLOBAL, 2023 VS 2030
  1. Figure 27:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY APPLICATION MODE IN METRIC TON, GLOBAL, 2017 - 2030
  1. Figure 28:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY APPLICATION MODE IN USD, GLOBAL, 2017 - 2030
  1. Figure 29:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VOLUME BY APPLICATION MODE IN %, GLOBAL, 2017 VS 2023 VS 2030
  1. Figure 30:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY APPLICATION MODE IN %, GLOBAL, 2017 VS 2023 VS 2030
  1. Figure 31:  
  2. FERTIGATION APPLICATION OF PHOSPHATIC FERTILIZER IN METRIC TON, GLOBAL, 2017 - 2030
  1. Figure 32:  
  2. FERTIGATION APPLICATION OF PHOSPHATIC FERTILIZER IN USD, GLOBAL, 2017 - 2030
  1. Figure 33:  
  2. FERTIGATION APPLICATION OF PHOSPHATIC FERTILIZER IN VALUE BY CROP TYPE IN %, GLOBAL, 2023 VS 2030
  1. Figure 34:  
  2. FOLIAR APPLICATION OF PHOSPHATIC FERTILIZER IN METRIC TON, GLOBAL, 2017 - 2030
  1. Figure 35:  
  2. FOLIAR APPLICATION OF PHOSPHATIC FERTILIZER IN USD, GLOBAL, 2017 - 2030
  1. Figure 36:  
  2. FOLIAR APPLICATION OF PHOSPHATIC FERTILIZER IN VALUE BY CROP TYPE IN %, GLOBAL, 2023 VS 2030
  1. Figure 37:  
  2. SOIL APPLICATION OF PHOSPHATIC FERTILIZER IN METRIC TON, GLOBAL, 2017 - 2030
  1. Figure 38:  
  2. SOIL APPLICATION OF PHOSPHATIC FERTILIZER IN USD, GLOBAL, 2017 - 2030
  1. Figure 39:  
  2. SOIL APPLICATION OF PHOSPHATIC FERTILIZER IN VALUE BY CROP TYPE IN %, GLOBAL, 2023 VS 2030
  1. Figure 40:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY CROP TYPE IN METRIC TON, GLOBAL, 2017 - 2030
  1. Figure 41:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY CROP TYPE IN USD, GLOBAL, 2017 - 2030
  1. Figure 42:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VOLUME BY CROP TYPE IN %, GLOBAL, 2017 VS 2023 VS 2030
  1. Figure 43:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GLOBAL, 2017 VS 2023 VS 2030
  1. Figure 44:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY FIELD CROPS IN METRIC TON, GLOBAL, 2017 - 2030
  1. Figure 45:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY FIELD CROPS IN USD, GLOBAL, 2017 - 2030
  1. Figure 46:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY SPECIALITY TYPE IN %, GLOBAL, 2023 VS 2030
  1. Figure 47:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY HORTICULTURAL CROPS IN METRIC TON, GLOBAL, 2017 - 2030
  1. Figure 48:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY HORTICULTURAL CROPS IN USD, GLOBAL, 2017 - 2030
  1. Figure 49:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY SPECIALITY TYPE IN %, GLOBAL, 2023 VS 2030
  1. Figure 50:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY TURF & ORNAMENTAL IN METRIC TON, GLOBAL, 2017 - 2030
  1. Figure 51:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY TURF & ORNAMENTAL IN USD, GLOBAL, 2017 - 2030
  1. Figure 52:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY SPECIALITY TYPE IN %, GLOBAL, 2023 VS 2030
  1. Figure 53:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY REGION IN METRIC TON, GLOBAL, 2017 - 2030
  1. Figure 54:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY REGION IN USD, GLOBAL, 2017 - 2030
  1. Figure 55:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VOLUME BY REGION IN %, GLOBAL, 2017 VS 2023 VS 2030
  1. Figure 56:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY REGION IN %, GLOBAL, 2017 VS 2023 VS 2030
  1. Figure 57:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY COUNTRY IN METRIC TON, ASIA-PACIFIC, 2017 - 2030
  1. Figure 58:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY COUNTRY IN USD, ASIA-PACIFIC, 2017 - 2030
  1. Figure 59:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VOLUME BY COUNTRY IN %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
  1. Figure 60:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY COUNTRY IN %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
  1. Figure 61:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, AUSTRALIA, 2017 - 2030
  1. Figure 62:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, AUSTRALIA, 2017 - 2030
  1. Figure 63:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, AUSTRALIA, 2023 VS 2030
  1. Figure 64:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, BANGLADESH, 2017 - 2030
  1. Figure 65:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, BANGLADESH, 2017 - 2030
  1. Figure 66:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, BANGLADESH, 2023 VS 2030
  1. Figure 67:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, CHINA, 2017 - 2030
  1. Figure 68:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, CHINA, 2017 - 2030
  1. Figure 69:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, CHINA, 2023 VS 2030
  1. Figure 70:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, INDIA, 2017 - 2030
  1. Figure 71:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, INDIA, 2017 - 2030
  1. Figure 72:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, INDIA, 2023 VS 2030
  1. Figure 73:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, INDONESIA, 2017 - 2030
  1. Figure 74:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, INDONESIA, 2017 - 2030
  1. Figure 75:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, INDONESIA, 2023 VS 2030
  1. Figure 76:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, JAPAN, 2017 - 2030
  1. Figure 77:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, JAPAN, 2017 - 2030
  1. Figure 78:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, JAPAN, 2023 VS 2030
  1. Figure 79:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, PAKISTAN, 2017 - 2030
  1. Figure 80:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, PAKISTAN, 2017 - 2030
  1. Figure 81:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, PAKISTAN, 2023 VS 2030
  1. Figure 82:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, PHILIPPINES, 2017 - 2030
  1. Figure 83:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, PHILIPPINES, 2017 - 2030
  1. Figure 84:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, PHILIPPINES, 2023 VS 2030
  1. Figure 85:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, THAILAND, 2017 - 2030
  1. Figure 86:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, THAILAND, 2017 - 2030
  1. Figure 87:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, THAILAND, 2023 VS 2030
  1. Figure 88:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, VIETNAM, 2017 - 2030
  1. Figure 89:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, VIETNAM, 2017 - 2030
  1. Figure 90:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, VIETNAM, 2023 VS 2030
  1. Figure 91:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, REST OF ASIA-PACIFIC, 2017 - 2030
  1. Figure 92:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, REST OF ASIA-PACIFIC, 2017 - 2030
  1. Figure 93:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, REST OF ASIA-PACIFIC, 2023 VS 2030
  1. Figure 94:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY COUNTRY IN METRIC TON, EUROPE, 2017 - 2030
  1. Figure 95:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY COUNTRY IN USD, EUROPE, 2017 - 2030
  1. Figure 96:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VOLUME BY COUNTRY IN %, EUROPE, 2017 VS 2023 VS 2030
  1. Figure 97:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY COUNTRY IN %, EUROPE, 2017 VS 2023 VS 2030
  1. Figure 98:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, FRANCE, 2017 - 2030
  1. Figure 99:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, FRANCE, 2017 - 2030
  1. Figure 100:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, FRANCE, 2023 VS 2030
  1. Figure 101:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, GERMANY, 2017 - 2030
  1. Figure 102:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, GERMANY, 2017 - 2030
  1. Figure 103:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GERMANY, 2023 VS 2030
  1. Figure 104:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, ITALY, 2017 - 2030
  1. Figure 105:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, ITALY, 2017 - 2030
  1. Figure 106:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, ITALY, 2023 VS 2030
  1. Figure 107:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, NETHERLANDS, 2017 - 2030
  1. Figure 108:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, NETHERLANDS, 2017 - 2030
  1. Figure 109:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, NETHERLANDS, 2023 VS 2030
  1. Figure 110:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 111:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, RUSSIA, 2017 - 2030
  1. Figure 112:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, RUSSIA, 2023 VS 2030
  1. Figure 113:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, SPAIN, 2017 - 2030
  1. Figure 114:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, SPAIN, 2017 - 2030
  1. Figure 115:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, SPAIN, 2023 VS 2030
  1. Figure 116:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, UKRAINE, 2017 - 2030
  1. Figure 117:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, UKRAINE, 2017 - 2030
  1. Figure 118:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, UKRAINE, 2023 VS 2030
  1. Figure 119:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, UNITED KINGDOM, 2017 - 2030
  1. Figure 120:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, UNITED KINGDOM, 2017 - 2030
  1. Figure 121:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, UNITED KINGDOM, 2023 VS 2030
  1. Figure 122:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, REST OF EUROPE, 2017 - 2030
  1. Figure 123:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, REST OF EUROPE, 2017 - 2030
  1. Figure 124:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, REST OF EUROPE, 2023 VS 2030
  1. Figure 125:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY COUNTRY IN METRIC TON, MIDDLE EAST & AFRICA, 2017 - 2030
  1. Figure 126:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY COUNTRY IN USD, MIDDLE EAST & AFRICA, 2017 - 2030
  1. Figure 127:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VOLUME BY COUNTRY IN %, MIDDLE EAST & AFRICA, 2017 VS 2023 VS 2030
  1. Figure 128:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY COUNTRY IN %, MIDDLE EAST & AFRICA, 2017 VS 2023 VS 2030
  1. Figure 129:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, NIGERIA, 2017 - 2030
  1. Figure 130:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, NIGERIA, 2017 - 2030
  1. Figure 131:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, NIGERIA, 2023 VS 2030
  1. Figure 132:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, SAUDI ARABIA, 2017 - 2030
  1. Figure 133:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, SAUDI ARABIA, 2017 - 2030
  1. Figure 134:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, SAUDI ARABIA, 2023 VS 2030
  1. Figure 135:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, SOUTH AFRICA, 2017 - 2030
  1. Figure 136:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, SOUTH AFRICA, 2017 - 2030
  1. Figure 137:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, SOUTH AFRICA, 2023 VS 2030
  1. Figure 138:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, TURKEY, 2017 - 2030
  1. Figure 139:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, TURKEY, 2017 - 2030
  1. Figure 140:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, TURKEY, 2023 VS 2030
  1. Figure 141:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, REST OF MIDDLE EAST & AFRICA, 2017 - 2030
  1. Figure 142:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, REST OF MIDDLE EAST & AFRICA, 2017 - 2030
  1. Figure 143:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, REST OF MIDDLE EAST & AFRICA, 2023 VS 2030
  1. Figure 144:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY COUNTRY IN METRIC TON, NORTH AMERICA, 2017 - 2030
  1. Figure 145:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY COUNTRY IN USD, NORTH AMERICA, 2017 - 2030
  1. Figure 146:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VOLUME BY COUNTRY IN %, NORTH AMERICA, 2017 VS 2023 VS 2030
  1. Figure 147:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY COUNTRY IN %, NORTH AMERICA, 2017 VS 2023 VS 2030
  1. Figure 148:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, UNITED STATES, 2017 - 2030
  1. Figure 149:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, UNITED STATES, 2017 - 2030
  1. Figure 150:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, UNITED STATES, 2023 VS 2030
  1. Figure 151:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY COUNTRY IN METRIC TON, SOUTH AMERICA, 2017 - 2030
  1. Figure 152:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION BY COUNTRY IN USD, SOUTH AMERICA, 2017 - 2030
  1. Figure 153:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VOLUME BY COUNTRY IN %, SOUTH AMERICA, 2017 VS 2023 VS 2030
  1. Figure 154:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY COUNTRY IN %, SOUTH AMERICA, 2017 VS 2023 VS 2030
  1. Figure 155:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, ARGENTINA, 2017 - 2030
  1. Figure 156:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, ARGENTINA, 2017 - 2030
  1. Figure 157:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, ARGENTINA, 2023 VS 2030
  1. Figure 158:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, BRAZIL, 2017 - 2030
  1. Figure 159:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, BRAZIL, 2017 - 2030
  1. Figure 160:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, BRAZIL, 2023 VS 2030
  1. Figure 161:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, REST OF SOUTH AMERICA, 2017 - 2030
  1. Figure 162:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION IN USD, REST OF SOUTH AMERICA, 2017 - 2030
  1. Figure 163:  
  2. PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, REST OF SOUTH AMERICA, 2023 VS 2030
  1. Figure 164:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2017 - 2030
  1. Figure 165:  
  2. GLOBAL PHOSPHATIC FERTILIZER MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
  1. Figure 166:  
  2. MARKET SHARE OF MAJOR PLAYERS IN %, GLOBAL, 2022

Phosphatic Fertilizer Industry Segmentation

Straight are covered as segments by Type. Fertigation, Foliar, Soil are covered as segments by Application Mode. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type. Asia-Pacific, Europe, Middle East & Africa, North America, South America are covered as segments by Region.

  • Diammonium phosphate (DAP) dominated the phosphatic fertilizer market in 2022, capturing a significant 41.3% global consumption share, equivalent to 30.9 million metric tons. Its popularity stems from its composition, with 46.0% phosphate and 18.0% ammonium, serving as a nitrogen source. This made DAP the top choice for farmers worldwide. The market value of DAP reached USD 23.3 billion in 2022.
  • Monoammonium phosphate (MAP) emerged as the second most favored phosphatic fertilizer, trailing behind DAP. The global MAP market, valued at USD 11.3 billion in 2022, witnessed a consumption volume of 15.3 million metric tons. Notably, MAP boasts a water-soluble P content of around 90%, surpassing the crop growth requirements.
  • Triple superphosphate (TSP), a pure phosphate-based fertilizer with the highest phosphate content of 46.0%, accounted for 21.1% of global phosphate fertilizer consumption in 2022. The TSP market is poised for growth, especially with the expansion of legume crop cultivation areas.
  • Single superphosphate (SSP) constituted 16.7% of global phosphatic fertilizer consumption in 2022. SSP finds significant usage in oilseed crops, owing to its role in providing crucial sulfur trace elements for edible oils and calcium nutrients in acidic soils. These factors indicate a potential uptick in SSP usage in the coming years.
  • The phosphatic fertilizer market is projected to witness robust growth, with an estimated CAGR of 7.0% from 2023 to 2030. This growth is primarily driven by the escalating global demand for phosphatic fertilizers as more farmers seek to enhance their crop yields.
Type
Straight
Phosphatic
DAP
MAP
SSP
TSP
Others
Application Mode
Fertigation
Foliar
Soil
Crop Type
Field Crops
Horticultural Crops
Turf & Ornamental
Region
Asia-Pacific
Australia
Bangladesh
China
India
Indonesia
Japan
Pakistan
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
France
Germany
Italy
Netherlands
Russia
Spain
Ukraine
United Kingdom
Rest of Europe
Middle East & Africa
Nigeria
Saudi Arabia
South Africa
Turkey
Rest of Middle East & Africa
North America
United States
South America
Argentina
Brazil
Rest of South America
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Market Definition

  • MARKET ESTIMATION LEVEL - Market Estimations for various types of fertilizers has been done at the product-level and not at the nutrient-level.
  • NUTRIENT TYPES COVERED - All Phosphorus Fertilizers
  • AVERAGE NUTRIENT APPLICATION RATE - This refers to the average volume of nutrient consumed per hectare of farmland in each country.
  • CROP TYPES COVERED - Field Crops: Cereals, Pulses, Oilseeds, and Fiber Crops Horticulture: Fruits, Vegetables, Plantation Crops and Spices, Turf Grass and Ornamentals
Keyword Definition
Fertilizer Chemical substance applied to crops to ensure nutritional requirements, available in various forms such as granules, powders, liquid, water soluble, etc.
Specialty Fertilizer Used for enhanced efficiency and nutrient availability applied through soil, foliar, and fertigation. Includes CRF, SRF, liquid fertilizer, and water soluble fertilizers.
Controlled-Release Fertilizers (CRF) Coated with materials such as polymer, polymer-sulfur, and other materials such as resins to ensure nutrient availability to the crop for its entire life cycle.
Slow-Release Fertilizers (SRF) Coated with materials such as sulfur, neem, etc., to ensure nutrient availability to the crop for a longer period.
Foliar Fertilizers Consist of both liquid and water soluble fertilizers applied through foliar application.
Water-Soluble Fertilizers Available in various forms including liquid, powder, etc., used in foliar and fertigation mode of fertilizer application.
Fertigation Fertilizers applied through different irrigation systems such as drip irrigation, micro irrigation, sprinkler irrigation, etc.
Anhydrous Ammonia Used as fertilizer, directly injected into the soil, available in gaseous liquid form.
Single Super Phosphate (SSP) Phosphorus fertilizer containing only phosphorus which has lesser than or equal to 35%.
Triple Super Phosphate (TSP) Phosphorus fertilizer containing only phosphorus greater than 35%.
Enhanced Efficiency Fertilizers Fertilizers coated or treated with additional layers of various ingredients to make it more efficient compared to other fertilizers.
Conventional Fertilizer Fertilizers applied to crops through traditional methods including broadcasting, row placement, ploughing soil placement, etc.
Chelated Micronutrients Micronutrient fertilizers coated with chelating agents such as EDTA, EDDHA, DTPA, HEDTA, etc.
Liquid Fertilizers Available in liquid form, majorly used for application of fertilizers to crops through foliar and fertigation.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: IDENTIFY KEY VARIABLES: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Phosphatic Fertilizer Market Research FAQs

The Global Phosphatic Fertilizer Market size is expected to reach USD 54.36 billion in 2024 and grow at a CAGR of 7.16% to reach USD 82.33 billion by 2030.

In 2024, the Global Phosphatic Fertilizer Market size is expected to reach USD 54.36 billion.

Coromandel International Ltd., EuroChem Group, Indian Farmers Fertiliser Cooperative Limited, Nutrien Ltd. and PhosAgro Group of Companies are the major companies operating in the Global Phosphatic Fertilizer Market.

In the Global Phosphatic Fertilizer Market, the DAP segment accounts for the largest share by product.

In 2024, Asia-Pacific accounts for the largest share by region in the Global Phosphatic Fertilizer Market.

In 2023, the Global Phosphatic Fertilizer Market size was estimated at 54.36 billion. The report covers the Global Phosphatic Fertilizer Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Phosphatic Fertilizer Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Phosphate Fertilizers Industry Report

Statistics for the 2023 Phosphatic Fertilizer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Phosphatic Fertilizer analysis includes a market forecast outlook to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Phosphatic Fertilizer Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030