Marché mondial des engrais phosphatés – Tendances et prévisions de l’industrie jusqu’en 2031

Analyse et taille du marché des engrais phosphatés

Dans la production agricole, les engrais phosphatés sont essentiels pour améliorer la fertilité des sols et favoriser une croissance vigoureuse des plantes. Le phosphore, un élément nutritif clé de ces engrais, est essentiel au développement des racines, au transfert d'énergie et à la formation d'ADN et d'ARN dans les plantes. En améliorant les systèmes racinaires, les engrais phosphatés aident les plantes à absorber l'eau et les nutriments plus efficacement, ce qui conduit à une augmentation des rendements et de la qualité des cultures. Ils sont largement utilisés pour la culture de céréales, de fruits, de légumes et d'oléagineux , jouant un rôle essentiel pour répondre à la demande alimentaire mondiale croissante et soutenir les pratiques agricoles durables.

La taille du marché mondial des engrais phosphatés était évaluée à 67,04 milliards USD en 2023 et devrait atteindre 93,89 milliards USD d'ici 2031, avec un TCAC de 4,30 % au cours de la période de prévision de 2024 à 2031.

Outre les informations sur les scénarios de marché tels que la valeur marchande, le taux de croissance, la segmentation, la couverture géographique et les principaux acteurs, les rapports de marché organisés par Data Bridge Market Research comprennent également une analyse approfondie des experts, une production et une capacité géographiquement représentées par l'entreprise, des configurations de réseau de distributeurs et de partenaires, une analyse détaillée et mise à jour des tendances des prix et une analyse du déficit de la chaîne d'approvisionnement et de la demande.

Portée du rapport et segmentation du marché       

Market Definition

Phosphate fertilizers are a type of mineral fertilizer that contain phosphorus, an essential nutrient for plant growth. They are used to enhance soil fertility, promoting root development, flower and fruit production, and overall plant health. Common types include superphosphate, triple superphosphate, and monoammonium phosphate.

Phosphate Fertilizers Market Dynamics

Drivers

• Growing Global Population

As the population rises, more agricultural production is required to ensure food security. High phosphate fertilizers enhances soil fertility and boosting crop yields, making them indispensable in meeting the heightened food demand. Additionally, urbanization and the reduction of arable land heighten the need for efficient and productive agricultural practices, further driving the reliance on phosphate fertilizers to maximize output from limited farmland.

• Growing Technological Advancements

Innovations in fertilizer formulations, such as slow-release and controlled-release fertilizers, enhance nutrient availability and reduce environmental impact. Precision agriculture technologies, including soil testing and GPS-guided application systems, optimize the use of phosphate fertilizers, ensuring efficient and targeted nutrient delivery. These advancements improve crop yields, reduce waste, and lower costs for farmers, thereby increasing the adoption of phosphate fertilizers. Additionally, research and development in sustainable practices and eco-friendly fertilizers are further propelling market growth.

Opportunities

• Growing Supportive Agricultural Policies

Growing supportive agricultural policies provides financial incentives, subsidies, and technical assistance to farmers. Governments around the world implement these policies to boost agricultural productivity and ensure food security. Such support makes fertilizers more affordable and accessible, encouraging farmers to adopt advanced fertilization practices. Additionally, research and development initiatives funded by governments help in the innovation of more efficient and environmentally friendly phosphate fertilizers, further propelling market growth. These policies create a favorable environment for the expansion of the phosphate fertilizers market, ensuring sustainable agricultural development.

• High Dietary Changes

Consumer preferences towards more diverse, nutritious diets that include increased consumption of fruits, vegetables, and protein-rich foods like meat and dairy. These dietary changes drive higher demand for agricultural products that require phosphorus-rich fertilizers for optimal growth and yield. Phosphate fertilizers play a crucial role in enhancing soil fertility and supporting the nutrient needs of crops that contribute to these dietary patterns. As populations grow and dietary expectations rise, the agricultural sector must meet these demands sustainably, thereby increasing the reliance on phosphate fertilizers to ensure adequate food production globally.

Restraints/Challenges

• Environmental Concerns

Excessive application or improper management of phosphate fertilizers can lead to nutrient runoff into water bodies, causing eutrophication. This phenomenon promotes the growth of algae, which depletes oxygen levels in water, harming aquatic life and ecosystems. Additionally, phosphorus runoff can contaminate drinking water sources, posing risks to human health. Regulatory bodies are increasingly imposing restrictions on phosphate fertilizer use and advocating for sustainable agricultural practices to mitigate these environmental risks, which adds compliance costs and operational challenges for manufacturers and farmers alike.

• Price Volatility in Raw Materials

Price volatility in raw materials, such as phosphate rock and sulfur, significantly impacts the phosphate fertilizers market. Fluctuations in these raw material prices can lead to unstable production costs for fertilizer manufacturers, affecting pricing strategies and profit margins. This volatility also creates uncertainty in supply chain management and long-term planning for both producers and farmers. Moreover, high raw material costs may deter investment in new production capacities, constraining market growth and supply availability during periods of price spikes.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In 2023, Moroccan phosphates and fertilizers producer OCP supplied India with 1.7 million tonnes of phosphate-based fertilizers. This includes 700,000 tonnes of triple super phosphate (TSP), a nitrogen-free fertilizer, and 1 million tonnes of Diammonium phosphate (DAP). This significant supply underscores OCP's role as a major global supplier of essential fertilizers, supporting India's agricultural sector's nutrient requirements and enhancing crop productivity
• In 2022, PhosAgro announced the establishment of PhosAgro-Sibir, a regional business subsidiary focused on supplying mineral fertilizers directly to agricultural farmers in the Siberian and Far Eastern Federal Districts of Russia. This initiative aims to improve local access to essential agricultural inputs, promoting sustainable farming practices and enhancing crop yields in these regions
• In 2021, Ma’aden completed the utilities commissioning of a US$ 900 million ammonia plant in Ras Al-Khair industrial City, marking the first phase of its US$ 6.4 billion ‘Phosphate Fertilizer 3’ expansion project. This strategic investment aims to expand Ma’aden’s phosphate fertilizer portfolio, bolstering Saudi Arabia's domestic fertilizer production capacity and supporting the country's agricultural sector
• In 2020, PhosAgro-Region, a subsidiary of PhosAgro, collaborated with Exact Farming to develop digital services for Russian users of PhosAgro's mineral fertilizers. This collaboration focuses on leveraging technology to provide precision farming solutions, optimizing fertilizer applications and enhancing agricultural productivity across Russia

Phosphate Fertilizers Market Scope

The market is segmented on the basis of product and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Product

• Monoammonium Phosphate
• Diammonium Phosphate
• Superphosphate
• Single Superphosphate (SSP)
• Triple Superphosphate (TSP)
• Others

Application

• Cereals and Grains
• Oilseeds
• Fruits and Vegetables
• Others

Phosphate Fertilizers Market Regional Analysis/Insights

The market is analysed and market size, volume information is provided by country, product, and application as referenced above.       

The countries covered in the market report are the U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC), Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA).

Asia-Pacific dominates the market due to its rapidly growing population, which drives increased agricultural demand. The presence of major industry players in the region also contributes to market growth by enhancing production and distribution capabilities. This combination of high demand and strong industry presence is expected to sustain and boost the market's growth in the coming years.

South America is expected to experience notable growth in the market due to an increasing population. This demographic trend, coupled with shifting dietary patterns, will drive higher demand for agricultural products. Consequently, the need for phosphate fertilizers will rise to support enhanced agricultural productivity, fostering market growth in the region over the coming years.

La section pays du rapport fournit également des facteurs d'impact sur les marchés individuels et des changements de réglementation sur le marché national qui ont un impact sur les tendances actuelles et futures du marché. Des points de données tels que l'analyse de la chaîne de valeur en aval et en amont, les tendances techniques et l'analyse des cinq forces de Porter, les études de cas sont quelques-uns des indicateurs utilisés pour prévoir le scénario de marché pour les différents pays. En outre, la présence et la disponibilité des marques mondiales et les défis auxquels elles sont confrontées en raison de la concurrence importante ou rare des marques locales et nationales, l'impact des tarifs nationaux et les routes commerciales sont pris en compte tout en fournissant une analyse prévisionnelle des données nationales.

Analyse du paysage concurrentiel et des parts de marché des engrais phosphatés

Le paysage concurrentiel du marché fournit des détails par concurrent. Les détails inclus sont la présentation de l'entreprise, les finances de l'entreprise, les revenus générés, le potentiel du marché, les investissements dans la recherche et le développement, les nouvelles initiatives du marché, la présence mondiale, les sites et installations de production, les capacités de production, les forces et les faiblesses de l'entreprise, le lancement du produit, la largeur et l'étendue du produit, la domination de l'application. Les points de données ci-dessus fournis ne concernent que l'orientation des entreprises liée au marché de la stabilisation des sols.

Certains des principaux acteurs opérant sur le marché sont :

• ICL (Israël)
• CF Industries Holdings, Inc. (États-Unis)
• Coromandel International Ltd. (Inde)
• Nutrien Ltée (Canada)
• Groupe PhosAgro (Russie)
• Yara International ASA (Norvège)
• Groupe EuroChem (Suisse)
• Mosaïque (États-Unis)
• OCP (Maroc)
• Ma'aden (Arabie Saoudite)
• California Organic Fertilizers Inc (États-Unis)
• Hubei Xingfa Chemicals Group Co., Ltd. (Chine)
• QAFCO | SOCIÉTÉ D'ENGRAIS DU QATAR (Qatar)
• Kazphosphate LLP (Kazakhstan)
• Société des mines de phosphate de Jordanie (Jordanie)
• Groupe Haïfa (Israël)
• Société JR Simplot (États-Unis)
• Itafos (États-Unis)

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