In 2023, nitrogen based liquid fertilizers had a market value of around 7.2 billion U.S. dollars, while phosphate based liquid fertilizers had a market value of around 2.4 billion U.S. dollars. Forecasts indicate a continued rise in their market values in the coming years.
Additional information on the global liquid fertilizers market can be found here.
Market value of the liquid fertilizer industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by nutrient
(in million U.S. dollars)
Characteristic
Nitrogen
Potassium
Phosphate
Micronutrient
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Extrapolate. (March 5, 2024). Market value of the liquid fertilizer industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by nutrient (in million U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1457185/global-liquid-fertilizer-industry-market-value-by-nutrient/
Extrapolate. "Market value of the liquid fertilizer industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by nutrient (in million U.S. dollars)." Chart. March 5, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1457185/global-liquid-fertilizer-industry-market-value-by-nutrient/
Extrapolate. (2024). Market value of the liquid fertilizer industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by nutrient (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1457185/global-liquid-fertilizer-industry-market-value-by-nutrient/
Extrapolate. "Market Value of The Liquid Fertilizer Industry Worldwide from 2021 to 2023 with a Forecast from 2024 to 2031, by Nutrient (in Million U.S. Dollars)." Statista, Statista Inc., 5 Mar 2024, https://www.statista.com/statistics/1457185/global-liquid-fertilizer-industry-market-value-by-nutrient/
Extrapolate, Market value of the liquid fertilizer industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by nutrient (in million U.S. dollars) Statista, https://www.statista.com/statistics/1457185/global-liquid-fertilizer-industry-market-value-by-nutrient/ (last visited August 24, 2024)
Market value of the liquid fertilizer industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by nutrient (in million U.S. dollars) [Graph], Extrapolate, March 5, 2024. [Online]. Available: https://www.statista.com/statistics/1457185/global-liquid-fertilizer-industry-market-value-by-nutrient/