Latin America Phosphatic Fertilizer Market is Estimated to Reach $9,504.07 Million in 2019 - A Report by MicroMarket Monitor

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The phosphatic fertilizer market in Latin America is anticipated to reach $9,504.07 million by 2019, at a CAGR of 1.9% from 2014 to 2019.

MicroMarket Monitor

MicroMarket Monitor

Key players in the Latin America Phosphatic Fertilizer Market include Yara International ASA (Norway), Mosaic Co. (US), PhosAgro (Russia), EuroChem (Russia) and Israel Chemical Ltd. (Israel)

The Latin America Phosphatic fertilizer Market report defines and segments the Phosphatic fertilizers market in Latin America with analysis and forecast of revenue. The Phosphatic fertilizers market in Latin America is estimated to grow from around $8,646.91 million in 2014 to $9,504.07 million by 2019, at a CAGR of 1.9% from 2014 to 2019.

Browse through the TOC of the Latin America Phosphatic fertilizer Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Latin American well intervention market, and is supported by various tables and figures.

Latin America is a promising market for phosphatic fertilizers, as it works towards increasing its agricultural production capacity by about one-third. The main consumers of fertilizers in this region are Brazil and Argentina. In fact, Brazil is one of the biggest consumers of fertilizers in the world. More than two-thirds of the nutrients consumed in each country in Latin America are imported. This indicates that the region relies on foreign markets for the supply of phosphatic fertilizers.

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Increased use of bio-fuels has encouraged the farmers to increase the farm production. Sugarcane is used for obtaining ethanol. This has pushed the demand for fertilizers. The most preferred phosphatic fertilizer in the region is Superphosphate, which accounts for more than 50% consumption of phosphatic fertilizer in the region.

Brazil is the major market acquiring 75.76% of the total Asia-pacific market revenue in the year 2014. Argentina is the emerging market in the Latin American phosphatic fertilizer industry.

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This market is segmented and forecasted on the basis of types of phosphatic fertilizers, such as diammonium phosphate, monoammonium phosphate, superphosphate and others. It is also segmented on the basis of application, such as grains & cereals, fruits & vegetables, and others. The market is further segmented and forecasted on the basis of major countries, such as the Brazil, Argentina and others.

This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide well intervention services.

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MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Agriculture industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Agriculture industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.

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