ASEAN imports of phosphate compound fertilizer from China shows a recovery trend in the first half of 2024
The export trade of phosphate compound fertilizers to ASEAN in the first half of 2024 is summarized.Under the trend of both the volume and price of phosphate compound fertilizer exports declining,exports to ASEAN rise against the trend,with a total export of 1.251 million tons of various phosphate compound fertilizers,with an increase of 0.8%year-on-year,continuing the positive trend.The amount of phosphate compound fertilizers exported to ASEAN accounts for 28.3%of the national total,with an increase of 3.5 percentage points over the same period in 2023;Vietnam,Thailand and Indonesia are the top three purchasing countries in the ASEAN region.China and ASEAN have formed a virtuous and mutually beneficial cycle of importing agricultural products and exporting fertilizers.Many leading companies are optimistic about the ASEAN market and have stepped up their pace of going abroad.With the demonstration and leadership of leading companies and the increased attention of the industry,the cooperation prospects between Chinese fertilizer companies and ASEAN are promising,but in the short term,the risks of international political environment and policy regulation will increase,and trade uncertainties will increase in the second half of the year.
phosphate compound fertilizerimport and export tradeASEANthe first half of 2024
NETL
NSTL
万方数据
