The global fertilizer market experienced a decline in growth in the recent years, but it is expected to witness good growth rates by 2016. High commodity prices experienced over recent years led to increased production and correspondingly greater fertilizer consumption as reflected in tight markets and higher fertilizer prices at the start of 2011.
While demand for basic food crops , for high value crops such as fruit and vegetables, for animal products and for crops capable of being used to produce biofuels is likely to remain strong, it is expected that increased fertilizer consumption required to support higher levels of production will be adequately catered for by growing supply worldwide.
At global level it is anticipated that there will be an ample supply of all three major fertilizer nutrients. Surpluses of nitrogen and phosphate are forecast to grow while those of potash are likely to remain more or less stable. Africa will remain a major phosphate exporter and increase nitrogen exports while importing all of its potash. It is expected that America will continue to be a net importer of nitrogen and that the region will move into increasing phosphate deficit during the growth period while remaining a primary supplier of potash.
Starting with a small deficit, the Asia region is expected produce a rapidly increasing surplus of nitrogen, but will continue to import phosphate and potash. Europe will be the major nitrogen and potash exporting region in the world and will continue to produce surpluses of phosphate though decreasingly so. It is expected that deficits of all three nutrients will persist in Oceania.
Aruvians Rsearch analyzes the global fertilizer industry in its research report Analyzing the Global Fertilizer Industry. The report is a complete coverage of this industry as we analyze the market through an industry overview, an analysis of the industry value and volume, a look at the industry segmentation by products and by geography, among other factors.
We also include an in-depth analysis of the competition in the global fertilizer market, which is followed by the analysis of the major industry players such as Bunge Limited, Yara International, Carr’s Milling Plc, etc.
A future perspective of the global fertilizer industry is included in the report, with forecast ranging from 2011 till 2016.
Countries analyzes in the report include Canada, China, the US and the UK. For each country, we analyze the fertilizer market through an industry overview, market value & volume, industry segmentation by product and by geography and other factors.
Aruvians’ research report on the Global Fertilizer Industry is a comprehensive analytical presentation on the subject.