The Argentina fertilizer market size reached USD 1.28 Billion in 2024. The market is projected to reach USD 1.68 Billion by 2033, exhibiting a growth rate (CAGR) of 2.76% during 2025-2033. The market is driven by government policy reforms eliminating import tariffs on key fertilizers, strategic industry consolidation through international partnerships and acquisitions, and the growing adoption of sustainable and precision agriculture practices among farmers. Apart from this, the Argentina fertilizer market share continues to benefit from the country's position as a major global agricultural exporter.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 1.28 Billion |
Market Forecast in 2033 | USD 1.68 Billion |
Market Growth Rate 2025-2033 | 2.76% |
Government Policy Reforms Speed Up Market Access
The fertilizer market in Argentina is undergoing massive change through strategic government policy reforms to increase agricultural productivity and competitiveness. In early May 2024, Argentina's government removed import taxes of 5.4% on urea and 3.6% on UAN (urea-ammonium nitrate), rendering nitrogen-based fertilizers from other sources more competitive and available to local farmers. This reform of the policy is a paradigm change in the government's strategy for development of the agricultural sector, lowering farmers' input prices while enhancing supply diversity in the domestic market. The removal of these tariffs improved competition among suppliers and enhanced price competitiveness for Argentine farmers, most notably serving nitrogen fertilizer segments that are vital for the country's principal crops such as corn, wheat, and soybeans. These changes are all part of wider macroeconomic reforms aimed at positioning Argentina as a world leader in agricultural production, with fertilizer availability as an important pillar of high crop yields and export competitiveness.
Strategic Industry Consolidation Through International Partnerships
Argentina's fertilizer industry is experiencing record consolidation and strategic partnership creation as firms aim to fortify market positions and widen technological capabilities. Global giants are making strategic deals to drive their product lineups and distribution channels, with some of the key developments being the strategic alliance. Moreover, leading companies taking over fertilizer manufacturing firms is a reflection of consolidation and technological development within the agricultural nutrients solutions industry. These strategic acquisitions are an indication of the industry's shift towards more integrated value chains and specialized products in line with the specific crop needs and soil types. Firms are increasingly seeking operational agility by investing in manufacturing facilities and logistics networks to ensure consistent supply chains in the face of market uncertainty while expanding their footprint through strategic acquisition and distribution network expansion in prime agricultural areas.
Increased Embrace of Sustainable and Precision Agricultural Practices
Environmental sustainability and resource efficiency have emerged as crucial factors supporting the Argentina fertilizer industry's development in, with the Argentina fertilizer market growth being increasingly driven by farmers' adoption of precision agriculture technologies and sustainable farming practices. The sector is witnessing increased adoption of controlled-release fertilizers and precision application technologies aimed at optimizing nutrient utilization while minimizing environmental impact. Farmers are increasingly adopting fertigation and foliar application techniques, especially in intensive farming systems, to maximize nutrient use efficiency and minimize environmental impact. This trend is underpinned by technologies in fertilizer formulating and application that create efficiency improvements, sustainability enhancements, and competitiveness in the Argentine fertilizer market, through advances including precision agriculture technology, soil health management technology, and nutrient management practice that maximize fertilizer use efficiency while minimizing environmental effects and maximizing farm profitability.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on product type, product, product form, and crop type.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product type. This includes chemical fertilizer and biofertilizers.
Product Insights:
A detailed breakup and analysis of the market based on the product have also been provided in the report. This includes straight fertilizers (nitrogenous fertilizers (urea, calcium ammonium nitrate, ammonium nitrate, ammonium sulfate, anhydrous ammonia, and others), phosphatic fertilizers (mono-ammonium phosphate (MAP), di-ammonium phosphate (DAP), single super phosphate (SSP), triple super phosphate (TSP), and others), potash fertilizers (muriate of potash (MoP) and sulfate of potash (SoP)), secondary macronutrient fertilizers (calcium fertilizers, magnesium fertilizers, and sulfur fertilizers), and micronutrient fertilizers (zinc, manganese, copper, iron, boron, molybdenum, and others)) and complex fertilizers.
Product Form Insights:
The report has provided a detailed breakup and analysis of the market based on the product form. This includes dry and liquid.
Crop Type Insights:
A detailed breakup and analysis of the market based on the crop type have also been provided in the report. This includes grains and cereals, pulses and oilseeds, fruits and vegetables, flowers and ornamentals, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Buenos Aires Region, Litoral Region, Northern Region, Cordoba Region, Cuyo Region, and Patagonia Region.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Product Types Covered | Chemical Fertilizer, Biofertilizers |
Products Covered |
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Product Forms Covered | Dry, Liquid |
Crop Types Covered | Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, Flowers and Ornamentals, Others |
Regions Covered | Buenos Aires Region, Litoral Region, Northern Region, Cordoba Region, Cuyo Region, Patagonia Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: