Argentina Fertiliser Market Report and Forecast 2025-2034

Argentina Fertiliser Market Report and Forecast 2025-2034

Market Outlook

According to the report by Expert Market Research (EMR), the Argentina fertiliser market size reached nearly 2.57 million tons in 2024. Aided by the increasing demand for agricultural products and the need to enhance soil fertility and crop yields, the market is projected to grow at a CAGR of 2.80% between 2025 and 2034 to reach around 3.4 million tons by 2034.

Fertilisers play a vital role in the agricultural sector by replenishing essential nutrients in the soil, boosting plant growth, and improving overall crop productivity. The primary types of fertilisers used in Argentina include nitrogenous, phosphatic, and potassic fertilisers. Nitrogen fertilisers dominate the Argentina fertiliser market share, driven by their crucial role in promoting plant growth by providing nitrogen, a key nutrient for plants. Phosphatic fertilisers are also widely used, as they aid in root development, flower and fruit formation, and energy transfer within plants. Potassium fertilisers, though less commonly used, are important for improving plant resistance to disease and environmental stress.

Several factors are driving the Argentina fertiliser market growth. First and foremost is the expansion of the country’s agricultural sector. Argentina is one of the largest producers and exporters of agricultural commodities, including soybeans, maize, wheat, and barley. As agricultural production continues to grow to meet both domestic demand and export needs, the demand for fertilisers is expected to rise accordingly. Fertilisers are crucial for maintaining soil fertility, increasing crop yields, and ensuring the sustainability of large-scale agricultural operations.

Another significant factor contributing to the Argentina fertiliser market expansion is the growing adoption of advanced farming techniques and precision agriculture. With the increasing use of technology in farming, such as soil sensors, drones, and data analytics, farmers in Argentina are able to optimise fertiliser application, improving both crop productivity and resource efficiency. Precision fertilisation ensures that nutrients are applied in the right amounts and at the right times, reducing wastage and increasing the overall effectiveness of fertiliser use. This is one of the key Argentina fertiliser market trends.

Additionally, the rising awareness of the importance of soil health and sustainable agricultural practices is pushing for greater use of organic and bio-based fertilisers. These fertilisers are gaining popularity as environmentally friendly alternatives to chemical fertilisers, as they help improve soil structure, increase microbial activity, and reduce the risk of soil degradation. Their rising demand is accelerating the Argentina fertiliser market development.

Despite the positive growth outlook, the fertiliser market in Argentina faces several challenges. One of the key hurdles is the volatility of fertiliser prices. Fertiliser prices are influenced by factors such as raw material costs, supply chain disruptions, and global market trends. Argentina’s dependency on imported raw materials for fertiliser production exposes the market to external economic pressures, which can lead to fluctuating prices and supply shortages.

One significant opportunity aiding the market lies in expanding fertiliser exports. Argentina has a strong agricultural export market, and as the demand for fertilisers grows globally, Argentine fertiliser manufacturers are well-positioned to expand their reach to international markets, particularly in neighbouring South American countries. This can surge the Argentina fertiliser market revenue in the coming years.

Furthermore, the increasing focus on precision agriculture presents an opportunity for the adoption of advanced fertiliser products, such as controlled-release fertilisers and nutrient-efficient fertilisers. These products help farmers optimise their fertiliser usage, reducing waste and improving crop yield, thus benefiting both the environment and the agricultural economy.

The Argentina fertiliser market value is poised for significant surge over the coming years. The increasing demand for agricultural products, coupled with the growing adoption of sustainable and precision farming techniques, is expected to drive the market forward. While challenges such as price volatility and economic instability remain, there are ample opportunities for growth, particularly in the areas of sustainable fertilisers and precision agriculture. With the right policies and technological advancements, the market is expected to continue expanding, contributing to the country’s agricultural productivity and global competitiveness.

Market Segmentation

The market can be divided based on product type, product, product form, and crop type.

Market Breakup by Product Type

• Chemical Fertiliser
• BioFertilisers

Market Breakup by Product

• Straight Fertilisers
• Complex Fertilisers

Market Breakup by Product Form

• Dry
• Liquid

Market Breakup by Crop Type

• Grains and Cereals
• Pulses and Oilseeds
• Fruits and Vegetables
• Flowers and Ornamentals
• Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Argentina fertiliser market. Some of the major players explored in the report by Expert Market Research are as follows:

• Fertilizantes Bloemen
• Bunge Argentina S.A.
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.