This Monsoon Can Boost Demand For Complex Fertilizers

05 August 2021
Fertilizer Imports in India

Fertilizer exports from China are on the verge to stop for India. Chinese companies responsible for meeting the demand of India’s fertilizers have claimed that they would stop the fertilizer exports to India for meeting the domestic demand in China.

 

Since Chinese companies claimed to stop exports to India for fertilizers to assure meeting the domestic demand, shareholders of fertilizers producers of India rallied on Friday. Analysts have said that this, however, can benefit Indian fertilizer companies who are already on the priority list of several investors due to their cheaper share valuations. Get import and export data of India and China for fertilizer companies and other commodities from Export Genius.

 


China Fertilizers Exports To India

 

China’s exports of fertilizers to India have been quite frequently featured for the top 10 imports of India made from China. As we can see in the import data for fertilizers in India, ranging over the past five years — the highest exports for fertilizers from China to India was made in 2019 with an import value of $2 billion. Fertilizer was the 5th most imported product in India from China. Imports for fertilizers in India made last year, in 2020, ranked fertilizers’ imports at the 5th position in top imports of India 2020 with an import value of $1.6 billion marks. Fertilizer was the 7th most imported product in 2016 with an import value of $1.5 billion marks, followed by 10th most imported product in 2017 with an import value of $1.1 billion, and 6th most imported product in 2018 with a value of $1.6 billion imports.

 

 


Year

Value USD Billion

Position in Top Imports

2016

1.5

7th

2017

1.1

10th

2018

1.6

6th

2019

2.0

5th

2020

1.6

5th

 

 

India Imports For Fertilizer Globally 2020

 

India's fertilizer import data 2020 shown provides the list of top countries who exported the top fertilizer products in India for the year 2020. According to India import data for fertilizer 2020, China stands as the top importing country with an import value of $1.67 billion, followed by Saudi Arabia with an import value of $0.83 billion, Oman with a value of $0.62 billion, Russia with a value of $0.60 billion, and Morocco with a value $0.47 billion imports along with other countries provided in the list below. Check the trade values of these countries in the graph for fertilizer import data of India 2020. Obtain India’s shipment records for imports of fertilizer, and many more commodities for imports and exports from different countries through live search.


 

Country

Value USD Billion

China

1.67

Saudi Arabia

0.83

Oman

0.62

Russia

0.60

Morocco

0.47

Canada

0.42

Jordan

0.32

Egypt

0.30

Indonesia

0.27

United Arab Emirates

0.25

 

 

According to an official from LKP Securities, monsoon has been good in several Indian states which have allowed subsidies for fertilizers production, and many fertilizer production companies are on the radar of investors due to an attractive share valuation.

 

Analysts are in the favor of the theory that this monsoon, for the third consecutive year, will raise the demand for complex fertilizers. It can prove well for the fertilizer industry, as per an official from Reliance Securities.

 

 

How Export Genius provides your business with substantial values?

 

Search and filter through a wide range of import and export data consisting of trade statistics for different commodities and countries.

                                        

Live search import-export trade data for accessing a country’s shipment records for any particularly targeted commodity related to your business.

 

Contact Export Genius for details on obtaining the information of import-export companies for being ahead in the competition.


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