The specialty fertilizers market in Latin America is forecast to reach nearly three billion U.S. dollars by 2024, up from an estimated 1.9 billion dollars in 2019. A compound annual growth rate (CAGR) of 8.6 percent is expected for the period. Specialty fertilizers are farming products designed as soil nutritional supplements and growth enhancers, with less environmental hazards than traditional fertilizers.
Specialty fertilizers market value in Latin America from 2019 to 2024
(in billion U.S. dollars)
* Forecast. An exponential development of the values was assumed to estimate the annual values between 2019 and 2024, based on the CAGR provided by the source.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (February 15, 2020). Specialty fertilizers market value in Latin America from 2019 to 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1175520/specialty-fertilizers-market-value-latin-america/
Statista. "Specialty fertilizers market value in Latin America from 2019 to 2024 (in billion U.S. dollars)." Chart. February 15, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1175520/specialty-fertilizers-market-value-latin-america/
Statista. (2020). Specialty fertilizers market value in Latin America from 2019 to 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1175520/specialty-fertilizers-market-value-latin-america/
Statista. "Specialty Fertilizers Market Value in Latin America from 2019 to 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Feb 2020, https://www.statista.com/statistics/1175520/specialty-fertilizers-market-value-latin-america/
Statista, Specialty fertilizers market value in Latin America from 2019 to 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1175520/specialty-fertilizers-market-value-latin-america/ (last visited December 21, 2024)
Specialty fertilizers market value in Latin America from 2019 to 2024 (in billion U.S. dollars) [Graph], Statista, February 15, 2020. [Online]. Available: https://www.statista.com/statistics/1175520/specialty-fertilizers-market-value-latin-america/