NPK Fertilizers- MONTHLY IMPORT BY PRODUCT 2022 in tons.#Brasil #NPK #fertilizers

Brazil Fertilizers Market Trends
Field Crops is the largest segment by Crop Type.
The fertility of farmlands has been depleting and has become more deficient as a result of continuous long-term farming without crop rotation, increasing the requirement for fertilizers. The increasing environmental concerns have increased the demand for sustainable fertilizers in field crops.Field crop fertilizers accounted for 87.90% of the market in the country in 2021, and it is projected to grow, registering a CAGR of 8.26% during the forecast period. Soybeans, the most common field crop in the country, were grown on 40.6 million hectares of land in 2021, accounting for a growth of 83.0% from 2017. Soybeans are among the main crops that use NPK fertilizers, which is anticipated to boost the country's demand for fertilizers