Latin America Fertilizers Market Size & Outlook, 2026-2033

The fertilizers market in Latin America is expected to reach a projected revenue of US$ 25,609.0 million by 2033. A compound annual growth rate of 2.3% is expected of Latin America fertilizers market from 2026 to 2033.
Revenue, 2025 (US$M)
$21,206.3
Forecast, 2033 (US$M)
$25,609.0
CAGR, 2026 - 2033
2.3%
Report Coverage
Latin America

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Latin America fertilizers market, 2021-2033 (US$M)

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Latin America fertilizers market highlights

  • The Latin America fertilizers market generated a revenue of USD 21,206.3 million in 2025.
  • The market is expected to grow at a CAGR of 2.3% from 2026 to 2033.
  • In terms of segment, nitrogenous was the largest revenue generating type in 2025.
  • Micronutrient is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2033.


Latin America data book summary

Market revenue in 2025USD 21,206.3 million
Market revenue in 2033USD 25,609.0 million
Growth rate2.3% (CAGR from 2026 to 2033)
Largest segmentNitrogenous
Fastest growing segmentMicronutrient
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationNitrogenous, Phosphate, Potash, Secondary, Micronutrient


Other key industry trends

  • In terms of revenue, Latin America region accounted for 9.3% of the global fertilizers market in 2025.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 138,742.6 million by 2033.

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Fertilizers Market Companies

Name Profile # Employees HQ Website
EuroChem View profile 10001+ Zug, Zug, Switzerland, Europe http://www.eurochemgroup.com
SQM Group View profile 101-250 Coeur D'alene, Idaho, United States, North America https://www.sqmgroup.com/company
UralChem View profile 10001+ Moscow, Moscow City, Russian Federation, Europe http://www.uralchem.com
Anuvia Plant Nutrients View profile 101-250 Winter Garden, Florida, United States, North America http://www.anuviaplantnutrients.com/
ICL Group Ltd View profile 13350 23 Aranha Street, P.O. Box 20245, Millennium Tower, Tel-Aviv, Israel, 61202 https://www.icl-group.com
AdvanSix Inc View profile 1450 300 Kimball Drive, Suite 101, Parsippany, NJ, United States, 07054 https://www.advansix.com
CF Industries Holdings Inc View profile 2700 2375 Waterview Drive, Northbrook, IL, United States, 60062 https://www.cfindustries.com
Yara International ASA View profile 18000 Drammensveien 131, Oslo, Norway, 0277 https://www.yara.com
Nutrien Ltd View profile 25900 211 19th Street East, Suite 1700, Saskatoon, SK, Canada, S7K 5R6 https://www.nutrien.com

Latin America fertilizers market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fertilizers market will help companies and investors design strategic landscapes.


Nitrogenous was the largest segment with a revenue share of 39.65% in 2025. Horizon Databook has segmented the Latin America fertilizers market based on nitrogenous, phosphate, potash, secondary, micronutrient covering the revenue growth of each sub-segment from 2021 to 2033.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America fertilizers market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America fertilizers market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Latin America fertilizers market size, by country, 2021-2033 (US$M)

Latin America Fertilizers Market Outlook Share, 2025 & 2033 (US$M)

Latin America fertilizers market size, by country, 2021-2033 (US$M)

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