Production and development trends of phosphate and compound fertilizer industry in China in 2023
The operation situation of the phosphate and compound fertilizer industry in 2023 is described:The production of phosphate fertilizer has shown a recovery improvement in 2023,with a year-on-year increase of 6.1%;The production continues to be concentrated in resource areas such as Yunnan,Guizhou,Sichuan and Hubei,with the total output of the four provinces accounting for 83.7%,with a year-on-year decrease of 1 percentage point;The production is still concentrated in enterprises with obvious resource advantages,technological advantages and market advantages.The total production of the top ten phosphate fertilizer enterprises accounts for 67.4%of the total phosphate fertilizer production,with a year-on-year decrease of 1.1 percentage points.International demand for phosphate fertilizers continues to rebound,with China's phosphate fertilizer exports showing a recovery growth of 24.2%year-on-year.Compared with that of 2022,the fluctuation of raw material prices narrows,the cost and price of ammonium phosphate tend to stabilize.The overall profitability of the industry remains at a good level,but both revenue and profit have decreased year-on-year.In 2023,the profit margin of the phosphate and compound fertilizer industry business decreases to 5.5%,with a year-on-year decrease of 1.6 percentage points.The supply of raw materials related to the phosphate and compound fertilizer industry is introduced.The development trends of phosphate and compound fertilizer in 2024 are analyzed.
the year of 2023phosphate fertilizercompound fertilizersulfurproductionsupplyimport and exportconsumptiontrends