Global Phosphorus Fertilizer Market Outlook, 2027

Global Phosphorus Fertilizer Market is anticipated to grow slowly at a CAGR of 3.88% by 2027. Asia Pacific is dominant in the Phosphorus market globally.

Featured Companies

  • 1. Coromandel International Limited
  • 2. Indian Farmers Fertiliser Cooperative Limited
  • 3. Chambal Fertilisers
  • 4. The Mosaic Company
  • 5. OCP Group
  • 6. CF Industries Holdings
  • 7. Sociedad Química y Minera de Chile
  • 8. EuroChem Group
  • 9. AgroLiquid
  • More...

The function of phosphorus in plants is of utmost important. If the soil lacks phosphorus food production is restricted unless fertilizer is added. It helps to convert other nutrients into usable building blocks with which plants can grow efficiently. It also helps in root development, plant maturation, seed development. Phosphorus is one of the three nutrients most commonly found in fertilizers. Phosphorus is essential to a plant’s growth, but in moderation. If the soil has high phosphorus can cause plants to grow poorly or even die. It reduces plants ability to take up micronutrients like iron and zinc. A phosphorus deficient plant will be pale, have weak root system or the plant growth stunted. Soil can be devoid of Phosphorus by washing away in rain or harvesting crops. Phosphorus is highly immobile in soil and so its placement is a major challenge. For corn phosphorus is added by broadcast or before planting and applied away from the seed row and directly on seed at planting if small amounts is needed. Soybeans give greater yields when phosphate is added before planting through broadcast.

The world has limited rock phosphate reserves. The rock phosphate is mined in strip form and then pulverized. This is then treated with sulphuric, phosphoric or nitric acid to yield phosphorus based fertilizers. In the past, ground rock phosphate was used while today majority of phosphate fertilizers are manufactured from rock phosphate. Due to low and limited reserves high transport costs and reduced crop responses the use of phosphorus fertilizer has decreased. While, the use of phosphorus based fertilizers have increased. Phosphorus based fertilizers include Di-ammonium Phosphate DAP, Mono-ammonium Phosphate MAP, and others. DAP is the most common form of fertilizer used by farmers. Soil testing for adding phosphorus fertilizer determines the soil’s ability to supply P for plant growth but cannot measure total quantity required.

According to the research report “Global Phosphorus Fertilizer Market Outlook, 2027" published by Bonafide Research, the fertilizer market is anticipated to grow slowly at a CAGR of 3.88% by 2027. Asia Pacific is dominant in the Phosphorus market globally. Plants need nitrogen, phosphorus and potassium for their growth but, nitrogen fertilizers are given more emphasis as they are needed in large quantities and give great response. Rock phosphates are used more with highest market share in 2021. Dry phosphatic fertilizers dominate the market. United States is the second largest phosphorus producer and consumer in the world. Russia accounts for only 3% of phosphorus fertilizer market share globally. Majority of phosphorus reserves are in China, Morocco, South Africa, Jordan and United States.

DAP is excellent source of fertilizer for wheat, barley, fruits and vegetables. Most annual plants require phosphorus to grow. Plants that grow in cold temperatures like lettuce require high phosphorus levels. Likewise, legumes also require high phosphorus. Wines and other crops, especially grown in hot temperatures require less of phosphorus fertilizers.

Phosphatic fertilizers are costly than urea. With the degrading quality of rock phosphates more energy is required to mine and process it. This processing results in more produce of heavy metals such as cadmium and uranium which are toxic. Moreover due to uneven geographical distribution high transportation costs are inevitable. However, sustainable phosphorus reserves can be achieved by efficient mining, use manure as fertilizer, make fertilizer use more targeted, recover phosphorus from human waste. Modern techniques of farming can increase absorption rate of fertilizers and also give increased yields.

The COVID-19 pandemic has highly impacted Phosphorus fertilizer market landscape. Lockdown imposed to combat the spread of pandemic limited the production and supply of fertilizers thereby affecting crop production activities. Producers are resolving the challenges caused by the pandemic and adapting to the changing dynamics of the sector. Although government exempted agriculture from lockdown; the most severe impact was on the demand for end-use products, limiting the market opportunities for fertilizer producers. Several companies cut down on the production and supply of their fertilizers. Many small scale production units were forced to shut down. Labour transit was another problem as migration was limited and transportation was also affected. Further China banned exports of phosphorus fertilizers which affected countries dependent on it for resources. To bring down prices of fertilizers in home country China banned exports up to 2022.

Major Companies present in the market
The Mosaic Company, Yara International, Nutrien Limited, K+S Aktiengesellschaft, OCP Group, CF Industries Holdings, Sociedad Química y Minera de Chile (SQM), National Fertilizers Limited Coromandel International Limited, EuroChem Group, Wesfarmers, Indian Farmers Fertilizer Co-operative Limited (IFFCO)

Considered in this report
• Geography: Global
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027

Aspects covered in this report
• Global Phosphorus fertilizer market with its value and forecast along with its segments
• Region-wise fertilizer market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Regions covered in the report
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & South Africa

By Product type in the report:
• Di-ammonium Phosphate
• Mono-ammonium Phosphate
• Others (Phosphate rock, superphosphate, other phosphatic fertilizer)

By physical formulation in the report:
• Dry
• Liquid

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to fertilizer industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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Companies Mentioned

  • Coromandel International Limited
  • Indian Farmers Fertiliser Cooperative Limited
  • Chambal Fertilisers
  • The Mosaic Company
  • OCP Group
  • CF Industries Holdings
  • Sociedad Química y Minera de Chile
  • EuroChem Group
  • AgroLiquid
  • UralChem
  • Phosphate Resources Limited
  • Phosagro
  • Sinofert Holdings Limited
  • FoxFarm Soil & Fertilizer Co
  • Sichuan Chuanxi Xingda Chemical Co., Ltd
  • Bunge Limited

Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Report Methodology
  • 3. Market Structure
  • 3.1. Market Considerate
  • 3.2. Market Definition
  • 4. Economic /Demographic Snapshot
  • 5. Global Phosphorus Fertilizer Market Outlook
  • 5.1. Market Size
  • 5.1.1. By Value
  • 5.1.2. By Volume
  • 5.2. Market Share
  • 5.2.1. By Region
  • 5.2.2. By Country
  • 5.2.3. By Physical Formulation
  • 6. North America Phosphorus Fertilizer Market Outlook
  • 6.1. Market Size By Nutrient Type
  • 6.1.1. By Value
  • 6.1.2. By Volume
  • 6.2. Market Share
  • 6.2.1. By Country
  • 6.2.2. By Product Type
  • 6.2.3. By Physical Formulation
  • 6.3. US Phosphorus Fertilizer Market Outlook
  • 6.3.1. Market Size By Value
  • 6.3.2. Market Share By Product Type
  • 6.4. Canada Phosphorus Fertilizer Market Outlook
  • 6.4.1. Market Size By Value
  • 6.4.2. Market Share By Product Type
  • 6.5. Mexico Phosphorus Fertilizer Market Outlook
  • 6.5.1. Market Size By Value
  • 6.5.2. Market Share By Product Type
  • 7. Europe Phosphorus Fertilizer Market Outlook
  • 7.1. Market Size By Nutrient Type
  • 7.1.1. By Value
  • 7.1.2. By Volume
  • 7.2. Market Share
  • 7.2.1. By Country
  • 7.2.2. By Product Type
  • 7.2.3. By Physical Formulation
  • 7.3. UK Phosphorus Fertilizer Market Outlook
  • 7.3.1. Market Size By Value
  • 7.3.2. Market Share By Product Type
  • 7.4. France Phosphorus Fertilizer Market Outlook
  • 7.4.1. Market Size By Value
  • 7.4.2. Market Share By Product Type
  • 7.5. Italy Phosphorus Fertilizer Market Outlook
  • 7.5.1. Market Size By Value
  • 7.5.2. Market Share By Product Type
  • 7.6. Spain Phosphorus Fertilizer Market Outlook
  • 7.6.1. Market Size By Value
  • 7.6.2. Market Share By Product Type
  • 7.7. Russia Phosphorus Fertilizer Market Outlook
  • 7.7.1. Market Size By Value
  • 7.7.2. Market Share By Product Type
  • 8. Asia-Pacific Phosphorus Fertilizer Market Outlook
  • 8.1. Market Size By Nutrient Type
  • 8.1.1. By Value
  • 8.1.2. By Volume
  • 8.2. Market Share
  • 8.2.1. By Country
  • 8.2.2. By Product Type
  • 8.2.3. By Physical Formulation
  • 8.3. China Phosphorus Fertilizer Market Outlook
  • 8.3.1. Market Size By Value
  • 8.3.2. Market Share By Product Type
  • 8.4. Japan Phosphorus Fertilizer Market Outlook
  • 8.4.1. Market Size By Value
  • 8.4.2. Market Share By Product Type
  • 8.5. India Phosphorus Fertilizer Market Outlook
  • 8.5.1. Market Size By Value
  • 8.5.2. Market Share By Product Type
  • 8.6. Australia Phosphorus Fertilizer Market Outlook
  • 8.6.1. Market Size By Value
  • 8.6.2. Market Share By Product Type
  • 9. Latin America Phosphorus Fertilizer Market Outlook
  • 9.1. Market Size By Nutrient Type
  • 9.1.1. By Value
  • 9.1.2. By Volume
  • 9.2. Market Share
  • 9.2.1. By Country
  • 9.2.2. By Product Type
  • 9.2.3. By Physical Formulation
  • 9.3. Brazil Phosphorus Fertilizer Market Outlook
  • 9.3.1. Market Size By Value
  • 9.3.2. Market Share By Product Type
  • 9.4. Argentina Phosphorus Fertilizer Market Outlook
  • 9.4.1. Market Size By Value
  • 9.4.2. Market Share By Product Type
  • 9.5. Colombia Phosphorus Fertilizer Market Outlook
  • 9.5.1. Market Size By Value
  • 9.5.2. Market Share By Product Type
  • 10. Middle East & Africa Phosphorus Fertilizer Market Outlook
  • 10.1. Market Size By Nutrient Type
  • 10.1.1. By Value
  • 10.1.2. By Volume
  • 10.2. Market Share
  • 10.2.1. By Country
  • 10.2.2. By Product Type
  • 10.2.3. By Physical Formulation
  • 10.3. UAE Phosphorus Fertilizer Market Outlook
  • 10.3.1. Market Size By Value
  • 10.3.2. Market Share By Product Type
  • 10.4. Saudi Arabia Phosphorus Fertilizer Market Outlook
  • 10.4.1. Market Size By Value
  • 10.4.2. Market Share By Product Type
  • 10.5. South Africa Phosphorus Fertilizer Market Outlook
  • 10.5.1. Market Size By Value
  • 10.5.2. Market Share By Product Type
  • 11. Market Dynamics
  • 11.1. Key Drivers
  • 11.2. Key Challenges
  • 12. Market Trends and Developments
  • 12.1. XXXX
  • 12.2. XXXX
  • 12.3. XXXX
  • 12.4. XXXX
  • 12.5. XXXX
  • 12.6. XXXX
  • 13. Company Profiles
  • 13.1. THE MOSAIC COMPANY
  • 13.2. OCP GROUP
  • 13.3. CF INDUSTRIES HOLDINGS, Inc.
  • 13.4. SOCIEDAD QUÍMICA Y MINERA DE CHILE
  • 13.5. INDIAN FARMERS FERTILISER CO-OPERATIVE LIMITED (IFFCO)
  • 13.6. EUROCHEM GROUP
  • 13.7. COROMANDEL INTERNATIONAL LIMITED
  • 13.8. CHAMBAL FERTILISERS & CHEMICALS LIMITED
  • 13.9. UralChem Group
  • 13.10. Bunge Limited
  • 13.11. Sichuan Chuanxi XIngda Chemical Corporation Limited
  • 13.12. FoxFarm Soil & Fertilizer Corporation
  • 13.13. Sinofert Holdings Limited
  • 13.14. PhosAgro Group
  • 13.15. AgroLiquid
  • 13.16. Phosphate Resources Limited
  • 14. Strategic Recommendations
  • 15. Disclaimer

List of Table
Table 1: Top 10 Counties Economic Snapshot 2020
Table 2: Economic Snapshot of Other Prominent Countries 2020
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Phosphorus Fertilizer Market Size By Product Type By Value (2016 - 2021 & 2022 - 2027F) (In USD millions)
Table 5: Global Phosphorus Fertilizer Market Size By Product Type By Volume (2016 - 2021 & 2022 - 2027F) (In MMT)
Table 6: Global Phosphorus Fertilizer Market Share By Region By Value (2016, 2021 & 2027F)
Table 7: Global Phosphorus Fertilizer Market Share By Country By Value (2016, 2021 & 2027F)
Table 8: North America Phosphorus Fertilizer Market Size By Value (2016 - 2021 & 2022 - 2027F) (In USD Billions)
Table 9: North America Phosphorus Fertilizer Market Size By Volume (2016 - 2021 & 2022 - 2027F) (In MMT)
Table 10: North America Phosphorus Fertilizer Market Share By Country By Value (2016, 2021 & 2027F)
Table 11: North America Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 12: US Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 13: US Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 14: Canada Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 15: Canada Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 16: Mexico Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 17: Mexico Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 18: Europe Phosphorus Fertilizer Market Size By Value (2016 - 2021 & 2022 - 2027F) (In USD Billions)
Table 19: Europe Phosphorus Fertilizer Market Size By Volume (2016 to 2027F) (In MMT)
Table 20:Europe Phosphorus Fertilizer Market Share By Country (2016, 2021 & 2027F)
Table 21: Europe Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 22: UK Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 23: UK Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 24: France Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 25: France Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 26: Italy Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 27: Italy Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 28: Spain Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 29: Spain Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 30: Russia Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 31: Russia Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 32: Asia-Pacific Phosphorus Fertilizer Market Size By Value (2016 - 2021 & 2022 - 2027F) (In USD Billions)
Table 33: Asia-Pacific Phosphorus Fertilizer Market Size By Volume (2016 - 2021 & 2022 - 2027F) (In MMT)
Table 34: Asia-Pacific Phosphorus Fertilizer Market Share By Country (2016, 2021 & 2027F)
Table 35: Asia-Pacific Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 36: China Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 37: China Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 38: Japan Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 39: Japan Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 40: India Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 41: India Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 42: Australia Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 43: Australia Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 44: Latin America Phosphorus Fertilizer Market Size By Value (2016 - 2021 & 2022 - 2027F) (In USD Billions)
Table 45: Latin America Phosphorus Fertilizer Market Size By Volume (2016 - 2021 & 2022 - 2027F) (In MMT)
Table 46: Latin America Phosphorus Fertilizer Market Share By Country (2016, 2021 & 2027F)
Table 47: Latin America Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 48: Brazil Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 49: Brazil Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 50: Argentina Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 51: Argentina Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 52: Colombia Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 53: Colombia Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 54: Middle East & Africa Phosphorus Fertilizer Market Size By Value (2016 - 2021 & 2022 - 2027F) (In USD Billions)
Table 55: Middle East & Africa Phosphorus Fertilizer Market Size By Volume (2016 - 2021 & 2022 - 2027F) (In MMT)
Table 56: Middle East & Africa Phosphorus Fertilizer Market Share By Country (2016, 2021 & 2027F)
Table 57: Middle East & Africa Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 58: UAE Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 59: UAE Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 60: Saudi Arabia Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 61: Saudi Arabia Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 62: South Africa Phosphorus Fertilizer Market Size By Value (2016 to 2027F) (In USD Billions)
Table 63: South Africa Phosphorus Fertilizer Market Share By Product Type By Value (2016 - 2021 & 2022 - 2027F)
Table 64: Key Facts of THE MOSAIC COMPANY
Table 65: Key Facts of OCP GROUP
Table 66: Key Facts of CF INDUSTRIES HOLDINGS, Inc.
Table 67: Key Facts of SOCIEDAD QUÍMICA Y MINERA DE CHILE
Table 68: Key Facts of INDIAN FARMERS FERTILISER CO-OPERATIVE LIMITED (IFFCO)
Table 69: Key Facts of EUROCHEM GROUP
Table 70: Key Facts of COROMANDEL INTERNATIONAL LIMITED
Table 71: Key Facts of CHAMBAL FERTILISERS & CHEMICALS LIMITED
Table 72: Key Facts of UralChem Group
Table 73: Key Facts of Bunge Limited
Table 74: Key Facts of Sichuan Chuanxi XIngda Chemical Corporation Limited
Table 75: Key Facts of FoxFarm Soil & Phosphorus Fertilizer Corporation
Table 76: Key Facts of Sinofert Holdings Limited
Table 77: Key Facts of PhosAgro Group
Table 78: Key Facts of AgroLiquid
Table 79: Key Facts of Phosphate Resources Limited

List of Figures
Figure 1: Global Phosphorus Fertilizer Market Share By Physical Formulation By Value (2016, 2021 & 2027F)
Figure 2: North America Phosphorus Fertilizer Market Share By Physical Formulation By Value (2016, 2021 & 2027F)
Figure 3: Europe Phosphorus Fertilizer Market Share By Physical Formulation By Value (2016, 2021 & 2027F)
Figure 4: Asia-Pacific Phosphorus Fertilizer Market Share By Physical Formulation By Value (2016, 2021 & 2027F)
Figure 5: Latin America Phosphorus Fertilizer Market Share By Physical Formulation By Value (2016, 2021 & 2027F)
Figure 6: Middle East & Africa Phosphorus Fertilizer Market Share By Physical Formulation By Value (2016, 2021 & 2027F)
Figure 7: Market Attractiveness Index, 2021
Figure 8: Market Attractiveness Index, 2027F

Feed Phosphate Market Research FAQs

Phosphorus fertilizer is expected to grow at a CAGR of 3.88% during the forecast period 2022-2027.

Di-ammonium phosphate and rock phosphates are more used by farmers.

Phosphorus helps in root development, plant maturation, seed development.

Annual plants like wheat, barely, rice need phosphorus at root development stages and fruits & vegetables, cereals, oilseeds & pulses also require phosphorus fertilizer.

Rock phosphates are mainly used in the production of phosphorus based fertilizers.
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Global Phosphorus Fertilizer Market Outlook, 2027

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