Fertilizer Manufacturing in the US - Industry Market Research Report

Fertilizer Manufacturing in the US - Industry Market Research Report

Fertilizer Manufacturing in the US

Fertilizer, produced by operators in the Fertilizer Manufacturing industry, is a natural or manufactured material containing at least 5.0% nitrogen, phosphorous or potassium. It is used in crops that produce food, feed, fiber and energy. Fertilizer is a commodity, meaning that the world market determines prices, and as a result, the industry experiences high levels of volatility. Moreover, the industry has experienced heightened volatility over the past five years as input prices as well as external factors including the COVID-19 (coronavirus) pandemic and war in Ukraine have significantly affected the industry. Fertilizer prices have risen over the five years to 2022, including significant increases in 2021 and 2022. Industry revenue is expected to rise at an annualized rate of 7.3% to $27.2 billion over the past five years including a rise of 14.0% in 2022 alone

This industry primarily manufactures fertilizer products. These products contain a different mixture of the three vital nutrients essential for plant growth: nitrogen, phosphorous and potassium. The products are distributed via wholesale arrangements with third parties or, in the case of vertically integrated operations, by the manufacturer.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."