The Latest Fertilizers Industry Statistics Explained
Global fertilizer use is expected to reach 200.5 million tons in 2020.
The statistic “Global fertilizer use is expected to reach 200.5 million tons in 2020” signifies the projected total amount of fertilizers that will be utilized worldwide for agricultural purposes in the year 2020. Fertilizers play a key role in enhancing soil fertility and crop productivity, thereby supporting global food production and ensuring food security. This statistic highlights the significant reliance on fertilizers in modern agriculture practices to meet the growing demand for food due to increasing population and changing dietary preferences. It also indicates the scale of agricultural activities and the environmental impact associated with fertilizer usage, underscoring the need for sustainable fertilizer management strategies to minimize adverse effects on ecosystems and human health.
Asia is the largest regional user of fertilizer, consuming 60% of the world’s total.
The statistic “Asia is the largest regional user of fertilizer, consuming 60% of the world’s total” indicates that the continent of Asia is the leading consumer of fertilizer globally, accounting for a significant majority of the total amount used worldwide. This statistic highlights the significant agricultural activity and reliance on fertilizers in Asia, reflecting the region’s importance in global food production and agricultural output. The high level of fertilizer consumption in Asia may be attributed to factors such as large populations, diverse agricultural practices, and intensification of farming methods to meet the food demands of growing populations. Furthermore, this statistic underscores the importance of sustainable fertilizer management practices in Asia to ensure agricultural productivity while minimizing environmental impacts.
By 2025, the global fertilizer market is estimated to be worth $216.9 billion.
The statistic “By 2025, the global fertilizer market is estimated to be worth $216.9 billion” represents a projection of the total value of the fertilizer market on a global scale by the year 2025. This estimate takes into account various factors such as projected demand for fertilizers, prices in the market, and anticipated growth in agriculture and related industries. The market value of $216.9 billion implies a substantial amount of economic activity and importance placed on fertilizers as a crucial input in agricultural production worldwide. This statistic serves as a valuable indicator for stakeholders in the agriculture and fertilizer industries, providing insight into market trends, potential growth opportunities, and the overall health of the global fertilizer market in the near future.
Nitrogen is the most consumed nutrient fertilizer, with a market share of 58.1% in 2019.
The statistic “Nitrogen is the most consumed nutrient fertilizer, with a market share of 58.1% in 2019” indicates the dominant role nitrogen plays in the fertilizer industry. This means that over half of all nutrient fertilizers consumed in 2019 were nitrogen-based. Fertilizers are crucial for agricultural practices to promote plant growth and increase crop yields, and nitrogen is an essential component for plant growth and development. Its high market share suggest that farmers heavily rely on nitrogen fertilizers to enrich soil fertility and enhance crop productivity. This statistic highlights the significance of nitrogen in modern agriculture and emphasizes the importance of understanding fertilizer usage patterns for sustainable farming practices.
Approximately 90% of fertilizers are used in the agriculture industry
The statistic that approximately 90% of fertilizers are used in the agriculture industry highlights the significant role of fertilizers in supporting modern agricultural practices. Fertilizers are essential for providing crops with the necessary nutrients to enhance growth, increase yields, and improve overall crop quality. As agriculture remains a critical sector for food production and economic development globally, the widespread use of fertilizers underscores their importance in ensuring food security and sustainability in the industry. This statistic signals the heavy reliance of the agriculture sector on fertilizers to optimize production and efficiency, demonstrating the crucial role that these inputs play in modern agricultural practices.
Fertilizer manufacturing in the U.S. employs 12,000 people directly and affects over 495,000 jobs indirectly.
The statistic states that the fertilizer manufacturing industry in the U.S. directly employs 12,000 individuals. Additionally, the industry has a ripple effect on the economy by indirectly supporting over 495,000 jobs. This indirect impact can be attributed to various interconnected sectors such as transportation, logistics, suppliers, and other related services that are crucial to the functioning of the fertilizer manufacturing industry. Overall, this statistic highlights the significant role that the fertilizer manufacturing sector plays in driving employment and economic activity across various industries in the United States beyond just the direct employees within the sector itself.
The U.S. made $36 billion in fertilizer sales in 2016.
The statistic “The U.S. made $36 billion in fertilizer sales in 2016” quantifies the total revenue generated by the United States in the sale of fertilizers within the given year. This figure is indicative of the significant economic activity and demand in the fertilizer industry, reflecting the importance of agricultural inputs in modern farming practices. The large sum of $36 billion highlights the scale of the market for fertilizers in the U.S., emphasizing the crucial role these products play in enhancing crop yields and sustaining agricultural production. This statistic provides insight into the economic value and scale of the fertilizer industry within the U.S. in 2016.
Organic fertilizers are projected to grow at 8.5% per year globally through 2022.
This statistic indicates the expected annual growth rate of organic fertilizers worldwide up to the year 2022, which is projected to be 8.5%. This information suggests a substantial increase in the use and demand for organic fertilizers, reflecting a growing trend towards sustainable and environmentally friendly agricultural practices. The projected growth rate serves as a positive indicator of the shift towards more organic and natural farming methods, driven by increasing consumer awareness and concern for the environment. As a result, stakeholders in the agricultural industry may consider investing in or expanding their organic fertilizer production to capitalize on the predicted growth in this sector.
Potash fertilizer is expected to be the fastest growing segment with a CAGR of 4.5% between 2020 to 2025.
This statistic indicates that the potash fertilizer segment is projected to experience the highest rate of growth over the period from 2020 to 2025, with a compound annual growth rate (CAGR) of 4.5%. A CAGR of 4.5% means that the market size for potash fertilizer is expected to increase by an average of 4.5% each year during this time frame. This growth rate suggests a strong demand for potash fertilizer products, potentially driven by factors such as increasing agricultural activities, rising global population, and the need for improved crop yields. Overall, this statistic highlights the potential opportunities and positive outlook for the potash fertilizer industry in the upcoming years.
In 2017, China was the largest fertilizer producer, producing over 40% of the world’s nitrogenous fertilizers.
The statistic indicates that in 2017, China held a dominant position in the global fertilizer production market as the largest producer of nitrogenous fertilizers, accounting for over 40% of the world’s nitrogenous fertilizer output. This data underscores China’s significant role in supplying agricultural inputs crucial for crop production and soil fertility enhancement on a global scale. As nitrogen is a vital nutrient for plant growth, China’s substantial contribution to nitrogenous fertilizer production implies its strong influence on global food production and agricultural sustainability efforts. The statistic serves as a key indicator of China’s pivotal position within the fertilizer industry and its impact on global agriculture.
India is the second largest consumer of fertilizers in the world after China.
This statistic indicates that India ranks as the world’s second-largest consumer of fertilizers, with only China surpassing its level of consumption. The high consumption of fertilizers in India suggests a significant reliance on these resources for agricultural practices. This information could imply that Indian agriculture is intensive and heavily dependent on the use of fertilizers to maintain or enhance crop yields. The statistic could also point to the importance of fertilizers in addressing the country’s food security and agricultural productivity challenges. Additionally, it indicates that India’s agricultural sector is of substantial scale and significance on a global level, given its large consumption of fertilizers compared to other countries.
In 2018, about 36.9 thousand tons of NPK fertilizer were produced in Japan.
The statistic “In 2018, about 36.9 thousand tons of NPK fertilizer were produced in Japan” indicates the total amount of nitrogen, phosphorus, and potassium (NPK) fertilizer manufactured in Japan during that year. This figure represents the combined weight of these essential nutrients that are commonly used in agriculture to promote plant growth and increase crop yields. The production of NPK fertilizer is a key indicator of a country’s agricultural activity and signifies the inputs required to support the cultivation of crops. The specific amount of 36.9 thousand tons provides a quantitative measure of the scale of fertilizer production within Japan’s agricultural sector in 2018.
The North American region accounted for 12% of the overall fertilizer consumption in 2018.
The statistic “The North American region accounted for 12% of the overall fertilizer consumption in 2018” means that out of the total amount of fertilizer used globally in 2018, North America was responsible for 12% of that consumption. This suggests that North America is a significant consumer of fertilizers compared to other regions around the world. Understanding the regional distribution of fertilizer consumption is important for agricultural planning and environmental considerations, as fertilizer usage can have implications for soil health, crop yields, and potential environmental impacts such as runoff and pollution.
Ammonium nitrate is the most commonly used nitrogen fertilizer, comprising 43% of all nitrogen fertilizers.
The statistic that ammonium nitrate is the most commonly used nitrogen fertilizer, comprising 43% of all nitrogen fertilizers, highlights the significant role that this particular fertilizer plays in agriculture. The high percentage indicates that farmers heavily rely on ammonium nitrate to supply their crops with essential nitrogen nutrients for optimal growth and yield. Its popularity may be attributed to factors such as its relatively high nitrogen content, cost-effectiveness, and ease of application. As a key component in modern agricultural practices, the widespread use of ammonium nitrate underscores its importance in sustaining global food production and meeting the nutritional needs of a growing population.
The world fertilizer nutrient consumption is projected to grow at 1.5% per year from 2020 to 2025.
The statistic indicates that the total consumption of fertilizer nutrients worldwide is expected to increase by an average of 1.5% annually during the period from 2020 to 2025. This growth rate suggests a gradual upward trend in the use of fertilizers to enhance agricultural productivity and meet the rising global demand for food production. The projection may reflect factors such as increasing population, changing dietary preferences, and the need to improve crop yields to ensure food security. Monitoring and understanding this growth in fertilizer nutrient consumption can help policymakers, agricultural stakeholders, and researchers develop sustainable and efficient agricultural practices to address food production challenges in the coming years.
The annual growth rate of world fertilizer consumption decreased from 2.2% in 2013 to 1.8% in 2018.
The annual growth rate of world fertilizer consumption is a measure that indicates the rate at which fertilizer usage is increasing globally each year. A decrease from 2.2% in 2013 to 1.8% in 2018 suggests a slowdown in the pace of growth in fertilizer consumption over this time period. This change indicates that while fertilizer consumption is still increasing, it is doing so at a slower rate in 2018 compared to 2013. This trend may be influenced by various factors such as shifts in agricultural practices, changes in crop yields, economic conditions, and environmental concerns. Monitoring this statistic is important for understanding trends in agricultural productivity and sustainability on a global scale.
Latin America and Caribbean region accounted for about 11% of the global fertilizer consumption in 2018.
The statistic indicates that in 2018, the Latin America and Caribbean region was responsible for approximately 11% of the global fertilizer consumption. This suggests that this region plays a significant role in the worldwide demand for fertilizers, which are essential for agricultural practices to improve crop yields and sustain food production. The relatively high consumption rate in the Latin America and Caribbean region may be attributed to the large agricultural sector in this area, which includes diverse crops such as grains, fruits, and vegetables. Understanding regional fertilizer consumption is crucial for assessing agricultural productivity, environmental impact, and food security on a global scale.
The phosphatic fertilizers market is projected to grow from USD 62.8 billion in 2020 to USD 76.6 billion by 2025.
The statistic indicates that the phosphatic fertilizers market is forecasted to experience growth over a specific time period, from USD 62.8 billion in 2020 to USD 76.6 billion by 2025. This projected increase suggests a positive trend in the demand and consumption of phosphatic fertilizers, likely influenced by factors such as population growth, rising food demand, agricultural practices, and technological advancements in the industry. The growth in market size between the two years implies potential opportunities for businesses operating within the phosphatic fertilizers sector, as well as potential implications for global agricultural productivity and sustainability.
The fertilizer production in Canada was worth 7.7 billion Canadian dollars in 2017.
The statistic indicates that the total value of fertilizer production in Canada amounted to 7.7 billion Canadian dollars in the year 2017. This figure reflects the economic contribution of the fertilizer industry to the Canadian economy during that specific year. It suggests that Canada likely plays a significant role in agricultural production and supply both domestically and potentially internationally given the scale of its fertilizer production. This statistic is important for policymakers, stakeholders, and analysts to understand the size and impact of the fertilizer industry in Canada and its implications for the broader agricultural sector and economy.
The use of fertilizer in Sub-Saharan Africa is the lowest in the world, averaging 13kg per hectare–compared to the global average of 135kg per hectare.
The statistic highlights the stark disparity in fertilizer use between Sub-Saharan Africa and the rest of the world, with the region averaging just 13kg per hectare compared to the global average of 135kg per hectare. This significant difference underscores the challenges faced by Sub-Saharan African farmers in accessing and utilizing agricultural inputs necessary for optimal crop production. Low fertilizer usage can result in decreased soil fertility, lower crop yields, and ultimately impact food security and economic development in the region. Addressing this discrepancy by improving access to affordable and appropriate fertilizers, promoting sustainable agricultural practices, and providing education and support to farmers could help enhance agricultural productivity and food self-sufficiency in Sub-Saharan Africa.
Conclusion
Overall, the statistics presented in this blog post highlight the significant impact of the fertilizers industry on agriculture and global food production. From the consumption trends to the market value, it is clear that fertilizers play a crucial role in ensuring a sustainable supply of food for the growing population. Understanding these statistics can help industry stakeholders make informed decisions and contribute to the efficient and responsible use of fertilizers in agriculture.
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