Fertilizer Price

At FERTILIZERFIELD, we offer comprehensive data on the average Fertilizer Price across international markets, delivering essential insights for informed decision-making. Our platform provides up-to-date, accurate, and detailed Fertilizer Price information, enabling you to track trends, compare costs, and optimize your procurement strategies effectively.

By staying informed with our precision data, you can navigate fluctuations in the market, ensuring that you remain competitive in the ever-evolving agricultural landscape. With access to reliable Fertilizer Price updates, you can make well-informed choices for your fertilizer needs, maximizing efficiency and profitability.

Year-on-Year and Month-on-Month Price Comparison Analysis

1. Urea Price Comparison

• Month-on-Month (MoM):
  The price remained steady at $352/MT in December 2024 compared to November 2024.
  Reason: The market demand and supply balance for urea remained stable during this period, with no significant production or import disruptions.
• Year-on-Year (YoY):
  The price decreased from $385.5/MT in December 2023 to $352/MT in December 2024, reflecting an 8.7% drop.
  Reason: Increased global production capacity, particularly in major exporting countries, coupled with reduced demand from certain importing regions due to economic slowdown, led to a decline in prices.

2. DAP Price Comparison

• Month-on-Month (MoM):
  The price declined from $574.5/MT in November 2024 to $568.33/MT in December 2024, a 1.07% decrease.
  Reason: Lower international phosphate fertilizer prices and moderate demand in the off-peak season contributed to the slight drop.
• Year-on-Year (YoY):
  The price increased marginally from $563.75/MT in December 2023 to $568.33/MT in December 2024, an 0.81% rise.
  Reason: Consistent global demand and slight increases in raw material costs, such as phosphoric acid and ammonia, supported the price stability with a minor upward adjustment.

3. MOP Price Comparison

• Month-on-Month (MoM):
  The price increased from $281/MT in November 2024 to $292.5/MT in December 2024, reflecting a 4.1% rise.
  Reason: A seasonal surge in demand for potash fertilizers, coupled with tightened supply due to geopolitical factors affecting key exporting nations, led to the price increase.
• Year-on-Year (YoY):
  The price dropped from $311.88/MT in December 2023 to $292.5/MT in December 2024, a 6.2% decrease.
  Reason: Better availability and a softer market due to reduced crop acreage and optimized nutrient application in key markets caused the decline.

4. Rock Phosphate Price Comparison

• Month-on-Month (MoM):
  The price remained unchanged at $152.5/MT between November and December 2024.
  Reason: Stable supply and demand dynamics, with no major disruptions or policy changes in the exporting countries.
• Year-on-Year (YoY):
  The price also remained steady at $152.5/MT in December 2024 compared to December 2023.
  Reason: Long-term contracts and stable production levels from key suppliers kept the market balanced.

Summary

Overall, the fertilizer market showed mixed trends, with stability in urea and rock phosphate prices, a slight decrease in DAP prices month-on-month, and a notable rise in MOP prices month-on-month. Year-on-year changes reflect larger structural shifts, particularly in urea and MOP markets, influenced by global production and geopolitical factors.

Average International Price of Fertilizer (USD/tons)