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Water Soluble NPK Fertilizers Market Share, Size, Trends, Industry Analysis Report 2023-2032 | Haifa Group, Yara International ASA, Arab Potash Company, OMEX Agricultural Holdings Limited
Water Soluble NPK Fertilizers Market
Water Soluble NPK Fertilizers Market Size, Growth Rate, And Forecast
The global water soluble NPK fertilizers market size is expected to grow from $12.12 billion in 2022 to $12.93 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The water soluble NPK fertilizers market size is expected to grow to $16.38 billion in 2027 at a CAGR of 6.1%.
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Water Soluble NPK Fertilizers Market Drivers
Rising demand for horticulture crops is expected to propel the growth of the water-soluble NPK fertilizer market going forward. Horticulture crops refer to plant crops that typically include fruits, vegetables, and ornamental plants. Rising cultivation of horticulture crops will result in increased use of water-soluble NPK fertilizers due to their water solubility and nutritional benefits enabling better plant growth and productivity.
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Water Soluble NPK Fertilizers Market Segment
1) By Crop Type: Field Crops, Horticultural Crops, Ornamentals, Other Crop Types
2) By Application: Foliar, Fertigation
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Water Soluble NPK Fertilizers market.
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Water Soluble NPK Fertilizers Market Key Players
Major competitors in the Water Soluble NPK Fertilizers market include Haifa Group, Yara International ASA, Arab Potash Company, OMEX Agricultural Holdings Limited, Acron Group, Coromandel International Limited, EuroChem Group AG, Hebei Monband Water Soluble Fertilizer Co Ltd.
The Table Of Content For The Water Soluble NPK Fertilizers Market Include:
1. Executive Summary
2. Water Soluble NPK Fertilizers Market Characteristics
3. Water Soluble NPK Fertilizers Market Trends And Strategies
4. Water Soluble NPK Fertilizers Market - Macro Economic Scenario
5. Water Soluble NPK Fertilizers Market Size And Growth
……
27. Water Soluble NPK Fertilizers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Water Soluble NPK Fertilizers Market
29. Water Soluble NPK Fertilizers Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Water Soluble NPK Fertilizers Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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𝐍𝐏𝐊 𝐅𝐞𝐫𝐭𝐢𝐥𝐢𝐬𝐞𝐫 𝐏𝐫𝐢𝐜𝐞 𝐈𝐧 𝐔𝐒𝐀
𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬: 569 USD/MT
The price for NPK fertiliser in the United States reached 569 USD/MT. The NPK fertiliser market in United States fluctuated throughout the quarter mainly due to the rising demand, excessive supply and mixed energy production costs.
The latest IMARC Group report, "𝐍𝐏𝐊 𝐅𝐞𝐫𝐭𝐢𝐥𝐢𝐬𝐞𝐫 𝐏𝐫𝐢𝐜𝐞𝐬, 𝐓𝐫𝐞𝐧𝐝, 𝐂𝐡𝐚𝐫𝐭, 𝐃𝐞𝐦𝐚𝐧𝐝, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐍𝐞𝐰𝐬, 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐃𝐚𝐭𝐚 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐𝟒 𝐄𝐝𝐢𝐭𝐢𝐨𝐧," presents a detailed analysis of NPK Fertiliser…
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