View monthly updates and historical trends for Fertilizers Price Index. Source: World Bank. Track economic data with YCharts analytics.

Graph and download economic data for Producer Price Index by Industry: Nitrogenous Fertilizer Manufacturing (PCU325311325311) from Dec 1975 to Sep 2025 about fertilizers, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Fertilizer Manufacturing (PCU3253132531) from Dec 2003 to Sep 2025 about fertilizers, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Industry: Fertilizer Manufacturing was 275.39000 Index Dec 2003=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Fertilizer Manufacturing reached a record high of 360.90000 in October of 2008 and a record low of 100.00000 in December of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Fertilizer Manufacturing - last updated from the United States Federal Reserve on December of 2025.

Graph and download economic data for Producer Price Index by Commodity: Chemicals and Allied Products: Fertilizer Materials (WPU0652) from Jan 1933 to Aug 2025 about fertilizers, materials, chemicals, commodities, PPI, inflation, price index, indexes, price, and USA.

The Fertilizers Report is Segmented by Type (Complex and Straight), by Form (Conventional and Specialty), by Application Mode (Fertigation, Foliar, and More), by Crop Type (Field Crops, Horticultural Crops, and More), and by Geography (North America, South America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

European NP Fertilizers Price Index for Agriculture by Country, 2022 Discover more data with ReportLinker!

This statistic shows the index of prices for fertilizers and soil improvers in the United Kingdom (UK) in the months from January 2020 to December 2024. Over this period of time, the price for these goods saw the lowest price index in July 2020 and experienced the highest price index in September 2022.

China Producer Price Index: Agricultural Input: Chemical Fertilizer data was reported at 107.766 Prev Year=100 in Nov 2018. This records a decrease from the previous number of 108.148 Prev Year=100 for Oct 2018. China Producer Price Index: Agricultural Input: Chemical Fertilizer data is updated monthly, averaging 101.912 Prev Year=100 from Jan 2006 (Median) to Nov 2018, with 155 observations. The data reached an all-time high of 142.800 Prev Year=100 in Aug 2008 and a record low of 82.800 Prev Year=100 in Sep 2009. China Producer Price Index: Agricultural Input: Chemical Fertilizer data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IC: Agricultural Production Price Index: Input: Monthly.

In 2024, the global NPK fertilizer market decreased by -0.9% to $48.9B, falling for the second year in a row after two years of growth. Over the period under review, consumption saw a strong increase. Over the period under review, the global market attained the peak level at $55.4B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

The North America Organic Fertilizer Market Report is Segmented by Form (Manure, Meal-Based Fertilizers, and Oilcakes), Crop Type (Cash Crops, Horticultural Crops, and Row Crops), and Geography (United States, Canada, and Mexico). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

The Liquid Fertilizers Market Report is Segmented by Type (Complex and Straight), by Application Mode (Fertigation and Foliar), by Crop Type (Field Crops, Horticultural Crops, and More), and by Geography (Asia-Pacific, Europe, North America, South America, Middle East, and Africa). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

Fertilizer prices continue to ramp up due to a shortage in supply caused by lower output in EU countries. High natural gas costs shape that growth because gas accounts for up to 80% of variable costs in nitrogen fertilizer production. Urea prices spiked exceptionally high to $900 per ton in November 2021, gaining 30% against the previous month. Phosphate rock price rose by 4%, while diammonium phosphate and triple superphosphate were both up by 8%. Next year, fertilizer prices are projected to climb further due to a continued shortage in supply, but if costs for natural gas maintain their downward trend, they will hold the price increases back.

According to Cognitive Market Research, the global Fertilizers market size was USD 202514.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 3.20% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 81005.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 60754.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 46578.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 10125.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 4050.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031.
The less than 200 mL category is the fastest growing segment of the Fertilizers industry

Market Dynamics of Fertilizers Market

Key Drivers for Fertilizers Market

Rising Global Food Demand and Population Growth: With projections indicating that the global population will exceed 9 billion by the year 2050, it is imperative that agricultural production increases substantially. Fertilizers are vital in enhancing crop yields and soil productivity, making them indispensable for sustainably addressing the rising food demand.

Government Support and Subsidy Programs: Numerous governments provide subsidies, incentives, and educational initiatives to encourage the use of fertilizers, especially in developing countries. These strategies promote balanced fertilization practices, enhance affordability for farmers, and foster steady demand in rural agricultural areas.

Increased Adoption of Precision Farming: There is a growing trend among farmers to adopt data-driven precision agriculture techniques that optimize the application of fertilizers. This approach improves efficiency, minimizes waste, and elevates crop quality, thereby supporting the long-term growth of the market for specialty and customized fertilizer formulations.

Key Restraints for Fertilizers Market

Environmental and Soil Degradation Concerns: The excessive or inappropriate application of chemical fertilizers results in soil acidification, water contamination, and a decline in biodiversity. The increasing awareness of environmental harm is leading to stricter regulations and promoting a transition towards more sustainable fertilization methods.

Volatility in Raw Material Prices: Essential ingredients for fertilizers, such as natural gas, phosphate rock, and potash, are prone to fluctuations in global prices. These cost pressures impact manufacturing profit margins and create pricing instability for end users, particularly in developing markets.

Logistical and Storage Challenges: Fertilizers necessitate specialized handling, storage, and timely distribution to maintain their effectiveness. Inadequate infrastructure, particularly in rural areas, can result in delays, spoilage, and diminished product availability, adversely affecting market performance.

Key Trends for Fertilizers Market

Growth in Organic and Bio-Based Fertilizers: Demand for organic products and sustainable agriculture is driving interest in natural and bio-based fertilizers. These environmentally friendly options are increasingly favored by health-conscious consumers and eco-aware farmers, especially in North America and Europe.

Development of Controlled-Release and Specialty Fertilizers: Innovations such as controlled-release, water-soluble, and micronutrient-enriched fertilizers are gaining traction. These sophisticated products improve nutrient absorption, minimize leaching, and enhance yield efficiency, supporting both environmental sustainability and productivity objectives.

Digital Platforms Enhancing Fertilizer Access: Online agricultural technology platforms are optimizing fertilizer supply chains by providing farmers with digital access to products, soil information, and application guidance. This trend is particularly significant in...

The Global Fertilizer Market Size Was Worth USD 208.06 Billion in 2024 and Is Expected To Reach USD 276.92 Billion by 2034, CAGR of 3.33%.

The North America Controlled Release Fertilizers Market Report is Segmented by Coating Type (Polymer Coated, Polymer-Sulfur Coated, and More), by Crop Type (Field Crops, Horticultural Crops, and More), and by Geography (United States, Canada, Mexico, and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

The Organic Fertilizer Market Report is Segmented by Form (Manure, Meal-Based Fertilizers, and More), Crop Type (Cash Crops, Horticultural Crops and Row Crops), and Geography (Africa, Asia-Pacific, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

The Controlled Release Fertilizers Market Report is Segmented by Coating Type (Polymer Coated, Polymer-Sulfur Coated, and Others), Crop Type (Field Crops, Horticultural Crops, and Turf and Ornamental), and Geography (Asia-Pacific, Europe, The Middle East and Africa, North America, and South America). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

European Compound Fertilizers Price Index for Agriculture by Country, 2022 Discover more data with ReportLinker!

The Africa Specialty Fertilizers Market Report Segmented by Speciality Type (CRF, Liquid Fertilizer, SRF, Water Soluble), Application Mode (Fertigation, Foliar, Soil), Crop Type (Field Crops, Horticultural Crops, Turf & Ornamental), and Country (Nigeria, South Africa, Rest of Africa). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons)