Fertilizers: Business with Russia up 29%

In the first six months of 2019, fertilizer imports from countries in the region totaled $439 million, and purchases from Russian companies grew 29% over the same period in 2018.

Thursday, November 28, 2019

Fertilizer Imports in Central America Al June 30th, 2019  

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Figures from the Trade Intelligence Unit of CentralAmericaData: Click to interact with the graphicClick to interact with the graphic

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Variation in Regional Business
Between January and June 2018 and the same period in 2019, the volume imported of fertilizers registered a 13% decrease, falling from 1.47 million tons to 1.27 million tons. For the periods in question, the imported value registered an 11% decrease, decreasing from $494 million to $439 million.

In contrast to the general behavior, purchases from Russia increased by $29 million, going from $97 million reported in the first semester of 2018 to $126 million recorded in the first six months of 2019.

Costa Rica, Main Buyer
In the first semester of 2019, the main importer of fertilizers in Central America was Guatemala with $111 million, followed by Costa Rica with $99 million, Honduras with $90 million, El Salvador with $66 million, Panama with $44 million and Nicaragua with $31 million.

Top Sellers
From January to June 2019, 29% of the value imported from Central America came from Russia, 20% from China, 8% from the US and 6% from Canada.

Russia is the market source of imports that has grown the most for the months in question of the last eight years, as in 2012 represented 17% of total purchases and in 2019 that proportion rose to 29%.

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More on this topic

Fertilizers: Regional Purchases Up 8%

March 2019

In the first nine months of 2018, Central American countries imported $687 million in fertilizers, 8% more than in the same period last year.

Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]

Central America: Fertilizer Imports Increase 12%

October 2018

During the first half of 2018, purchases by countries in the region reached $494 million, 12% more than imports during the same period the previous year.

Figures from the information system of the Central American Fertilizer Market, from the Trade Intelligence Area at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

Price of Imported Fertilizers Continues to Fall

July 2018

The average price per kilo of fertilizers imported by the Central American countries dropped from $0.54 in January 2012 to $0.27 in March 2018, registering a 50% drop.

Figures from the information system on the Central American Fertilizer Market, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]

Fertilizers in Central America: A $439 million Business

November 2017

In the first semester of 2017, Central American countries imported $439 million worth of fertilizer, 42% more than in the same period in 2016.

Figures from the information system on the Fertilizer Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]

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