Fertilizers: Regional Purchases Up 4% in 2020

Last year, Central America assigned $784 million to fertilizer imports, 4% more than in 2019, with Nicaragua, Guatemala, Honduras and El Salvador being the markets that accounted for the increase in regional purchases.

Tuesday, June 1, 2021

Fertilizer Imports in Central America Al December 31st, 2020  

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Figures from the Trade Intelligence Unit of CentralAmericaData: fertilizerfertilizer.

Explore the data in the interactive display.

Regional Business Variation
Between 2019 and 2020, the imported volume of fertilizer registered a 22% rise, increasing from 2.19 million tons to 2.69 million tons.

For the periods in question, the value of imports rose by 4%, from $752 million to $784 million.

Guatemala, Main Buyer
In 2020, the main importer of fertilizers in Central America was Guatemala with $210 million, followed by Honduras with $162 million, Costa Rica with $158 million, Nicaragua with $86 million, El Salvador with $81 million and Panama with $71 million.

Regarding the year-on-year variation of purchases, four of the six countries recorded increases. In Honduras, imports grew 19%, while in El Salvador, Nicaragua and Guatemala they increased by 17%, 14% and 11%, respectively.

Costa Rica and Panama were the markets that recorded negative variations, reporting drops of 6% and 21%, respectively.

Main Suppliers in the Region
Last year, 27% of the value of imports from Central America came from Russia, 15% from China, 9% from the USA, 8% from Canada, 5% from Mexico, 5% from Norway, 3% from Estonia and 3% from Trinidad and Tobago.

Russia is the market of origin of imports that has grown the most in recent years, since in 2012 it represented 18% of total purchases and in 2020 that proportion rose to 27%.

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More on this topic

Fertilizers: Business between Central America and Mexico

October 2020

In the first seven months of 2020, companies in the countries of the region imported fertilizers from Mexico for $27 million, 14% less than what was reported for the same period in 2019, a decrease that can be explained by the decrease in purchases by Guatemalan and Costa Rican companies.

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

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"]

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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