NPK Fertiliser Price Trend Analysis, Historical Chart and Forecast

Business
Report FeaturesDetails
Product NameNPK
Region/Countries CoveredAsia Pacific: China , India, Indonesia, Pakistan,  Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand,  South Korea, Iraq, Saudi Arabia, Malaysia, Nepal,  Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore,  Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden,  Belgium, Austria, Ireland Switzerland , Norway,  Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia,  Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Customization ScopeThe report can be customized as per the requirements of  the customer
Post-Sale Analyst Support360-degree analyst support after report delivery

Request for Real Time NPK Fertiliser Prices: https://www.procurementresource.com/resource-center/npk-price-trends/pricerequest

NPK fertiliser is a special product that contains the vital nutrients that plants require at different stages of growth. Since it promotes root development, NPK fertiliser grade is appropriate for all crops.

It contains a fair amount of potash, nitrogen, and phosphorus. In order to create NPK fertiliser, a mixture of phosphoric acid and calcium nitrate, phosphate rock is acidified with nitric acid.

China, Russia, the US, and India are the top four producers of NPK fertilisers. However, Norway and Belgium are the major exporters.

Key Details About the NPK Fertiliser Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the NPK Fertiliser price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The NPK fertiliser price trend, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting NPK Fertiliser Price Trend:

Price Trend Image

The growth of NPK fertilisers in the global market is projected to be driven by improving crop production and increased consumption of fruits and vegetables.

The widespread use of NPK fertilisers and the adoption of the newest farming technologies in tandem with improved crop productivity are two factors bolstering the position of the global market.

NPK fertilisers are highly sought after because they enhance soil nutrients, increase plant water content, and enhance plant health in general. Due to their use in drip irrigation and foliar sprays, water-soluble NPK fertilisers are more popular on the market.

In order to boost crop yield and promote the growth in output, NPK fertilisers should be used in a balanced and adequate manner.

Key Market Players:

  • Eurochem Group
  • Agrium Inc.
  • Yara International ASA
  • Acron Group
  • ICL (Israel Chemical Ltd.)

News and Events:

  • September 08, 2022: Farmers in Telangana and Andhra Pradesh have access to GroShakti Plus, a revolutionary fertiliser developed by Coromandel International Limited, a part of the Murugappa group. In addition to the three essential components of nitrogen, phosphorus, and potassium, the new product helped farmers, according to Arun Alagappan, executive vice-chairman of Coromandel International. As an added supplement, it included zinc.

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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

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