Latin America Urea Fertilizers Market by Application (Grains & Oilseeds, Fruits & Vegetables, Rest (Crops)) - Forecasts till 2019

The Latin America urea fertilizers market is estimated to grow at a CAGR of 3.0% from 2014 to 2019. The demand for urea fertilizers has continued to remain robust across all regions. This is because of the constantly rising grain prices in recent years, which have encouraged farmers to maximize yield. Additionally, the increase in income has made fertilizers more affordable.

Urea is the easiest and abundant source of nitrogen nutrients. Grains & oilseeds, fruits & vegetables and rest (crops) are the different crops to which urea is applied and it depends on the capacity of the crops to synthesize naturally. Cost to produce urea depends on the cost of its raw material, which is natural gas and ammonia.

Latin America urea fertilizers market is dominated by Brazil, followed by Argentina. In Brazil, the agriculture sector is well advanced and enjoys abundant land & sufficient rainfall. There are no odds against the agriculture sector and it is growing at a significant rate. Thus, there is a considerable demand for agriculture fertilizers from this part of the world. Ethanol, a common bio-fuel, particularly in Brazil, is advocated over conventional fuels. The increased use of bio-fuels has encouraged farmers to increase the farm production. Sugarcane is used for obtaining ethanol. This has also pushed the demand for fertilizers in the region.

The Latin America urea fertilizers market is a highly competitive market, with firms such as Agrium Inc. (Canada), Yara International ASA (Norway), Potash Corp SAS Inc. (Canada), and EuroChem (Belgium), among others, who are expanding their market shares in the Latin American market. To gain significant market shares, these companies are adopting numerous market strategies including innovative product developments, partnerships, mergers and acquisitions, and expansion of existing facilities. Apart from these companies, there are a large number of small firms present in the Latin American market.

Scope of the Report

This research report categorizes the Latin American Urea Fertilizers Market into the following segments and sub-segments:

Latin America Urea Fertilizers Market, By Application:

• Grains & Oilseeds
• Fruits & Vegetables
• Rest (Crops)

Latin America Urea Fertilizers Market, By Geography:

• Brazil
• Argentina
• Others

Table of Contents

1 Introduction (Page No. - 9)
    1.1 Objectives of the Study
    1.2 Market Segmentation & Coverage
    1.3 Stakeholders

2 Research Methodology (Page No. - 11)
    2.1 Integrated Ecosystem of Urea Fertilizers Market
    2.2 Arriving at the Urea Fertilizers Market Size
           2.2.1 Top-Down Approach
           2.2.2 Demand Side Approach
           2.2.3 Macroindicator-Based Approach
    2.3 Assumptions

3 Executive Summary (Page No. - 18)

4 Market Overview (Page No. - 19)
    4.1 Introduction
    4.2 Urea Fertilizers Market: Comparison With Parent Market
    4.3 Market Drivers and Inhibitors
    4.4 Key Market Dynamics
    4.5 Demand Side Analysis

 
5 Latin America Urea Fertilizers Market, By Application (Page No. - 26)
    5.1 Introduction
    5.2 Demand Side Analysis
    5.3 Urea Fertilizers in Grains & Oilseeds, By Geography
    5.4 Urea Fertilizers in Fruits & Vegetables, By Geography
    5.5 Sneak View: Latin America Urea Fertilizers Market, By Application

6 Latin America Urea Fertilizers Market, By Geography (Page No. - 36)
    6.1 Introduction
    6.2 Brazil Urea Fertilizers Market
           6.2.1 Brazil Urea Fertilizers Market, By Application
    6.3 Argentina Urea Fertilizers Market
           6.3.1 Argentina Urea Fertilizers Market, By Application

7 Latin America Urea Fertilizers Market: Competitive Landscape (Page No. - 44)
    7.1 Latin America Urea Fertilizers Market: Company Share Analysis
    7.2 Mergers & Acquisitions
    7.3 Expansions
    7.4 Investments

8 Latin America Urea Fertilizers Market, By Company (Page No. - 47)
(Overview, Financials, Products & Services, Strategy, and Developments)*
    8.1 Agrium Inc.
    8.2 Yara International ASA
    8.3 Eurochem Mineral & Chemical CO OJSC
    8.4 Potashcorp Inc.
    8.5 Petroleo Brasileiro SA
*Details on Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured in Case of Unlisted Company

9 Appendix (Page No. - 60)
    9.1 Customization Options
           9.1.1 Technical Analysis
           9.1.2 Low-Cost Sourcing Locations
           9.1.3 Regulatory Framework
           9.1.4 Crop-Nitrogen Fertilizer Usage Data
           9.1.5 Impact Analysis
           9.1.6 Trade Analysis
           9.1.7 Historical Data and Trends
    9.2 Related Reports
    9.3 Introducing RT: Real Time Market Intelligence
           9.3.1 RT Snapshots

List of Tables (34 Tables)

Table 1 Latin America Urea Fertilizers Peer Market Size, 2014 (USD MN)
Table 2 Latin America Urea Fertilizers: Application Markets, 2014 (KT)
Table 3 Latin America Urea Fertilizers Market: Macroindicators,  By Geography, 2013 (‘000 HA)
Table 4 Latin America Urea Fertilizers Market: Comparison With Parent Market, 2013–2019 (USD MN)
Table 5 Latin America Urea Fertilizers Market: Comparison With Parent Market, 2013–2019 (KT)
Table 6 Latin America Urea Fertilizers Market: Drivers and Inhibitors
Table 7 Latin America Urea Fertilizers Market, By Application,  2013-2019 (USD MN)
Table 8 Latin America Urea Fertilizers Market, By Application, 2013-2019 (KT)
Table 9 Latin America Urea Fertilizers Market, By Geography,  2013-2019 (USD MN)
Table 10 Latin America Urea Fertilizers Market, By Geography, 2013-2019 (KT)
Table 11 Latin America Urea Fertilizers Market: Comparison With Application Markets, 2013-2019 (USD MN)
Table 12 Latin America Urea Fertilizers Market, By Application,  2013-2019 (USD MN)
Table 13 Latin America Urea Fertilizers Market, By Application, 2013-2019 (KT)
Table 14 Latin America Urea Fertilizers in Grains & Oilseeds, By Geography,2013-2019 (USD MN)
Table 15 Latin America Urea Fertilizers in Grains & Oilseeds, By Geography,2013-2019 (KT)
Table 16 Latin America Urea Fertilizers in Fruits & Vegetables, By Geography,2013-2019 (USD MN)
Table 17 Latin America Urea Fertilizers in Fruits & Vegetables, By Geography,2013-2019 (KT)
Table 18 Latin America Urea Fertilizers Market, By Geography,  2013-2019 (USD MN)
Table 19 Latin America Urea Fertilizers Market, By Geography, 2013–2019 (KT)
Table 20 Brazil Urea Fertilizers Market, By Application, 2013-2019 (USD MN)
Table 21 Brazil Urea Fertilizers Market, By Application, 2013-2019 (KT)
Table 22 Argentina Urea Fertilizers Market, By Application, 2013-2019 (USD MN)
Table 23 Argentina Urea Fertilizers Market, By Application, 2013-2019 (KT)
Table 24 Latin America Urea Fertilizers Market: Company Share  Analysis, 2014 (%)
Table 25 Latin America Urea Fertilizers Market: Mergers & Acquisitions
Table 26 Latin America Urea Fertilizers Market: Expansions
Table 27 Latin America Urea Fertilizers Market: Investments
Table 28 Agrium, Inc.: Key Operations Data, 2009-2013 (USD MN)
Table 29 Agrium, Inc.: Key Financials, 2009-2013 (USD MN)
Table 30 Yara International Asa: Key Financials, 2009-2013 (USD MN)
Table 31 Eurochem MCC,  Ojsc: Key Financials, 2009-2013 (USD MN)
Table 32 Potash Corp. of Saskatchewan, Inc.: Key Operations Data,2009-2013 (USD MN)
Table 33 Potash Corporation of Saskatchewan, Inc.: Key Financials,2009-2013 (USD MN)
Table 34 Petroleo Brasileiro SA : Key Operations Data, 2010-2013 (USD MN)

List of Figures (31 Figures)

Figure 1 Latin America Urea Fertilizers Market: Segmentation & Coverage
Figure 2 Urea Fertilizers Market: Integrated Ecosystem
Figure 3 Research Methodology
Figure 4 Top-Down Approach
Figure 5 Demand Side Approach
Figure 6 Macroindicator-Based Approach
Figure 7 Latin America Urea Fertilizers Market: Snapshot
Figure 8 Urea Fertilizers Market: Growth Aspects
Figure 9 Latin America Urea Fertilizers Market, By Application, 2014 vs 2019
Figure 10 Latin America Urea Fertilizers Market: Growth Analysis,  By Geography, 2014–2019 (%)
Figure 11 Urea Fertilizers: Application Market Scenario
Figure 12 Latin America Urea Fertilizers Market, By Application,  2014-2019 (USD MN)
Figure 13 Latin America Urea Fertilizers Market, By Application, 2014-2019 (KT)
Figure 14 Grains & Oilseeds
Figure 15 Fruits & Vegetables
Figure 16 Rest (Crops)
Figure 17 Latin America Urea Fertilizers Market in Grains & Oilseeds,  By Geography, 2013-2019 (USD MN)
Figure 18 Latin America Urea Fertilizers Market in Fruits & Vegetables,By Geography, 2013-2019 (USD MN)
Figure 19 Sneak View: Latin America Urea Fertilizers Market
Figure 20 Latin America Urea Fertilizers Market: Growth Analysis,  By Geography, 2013-2019 (USD MN)
Figure 21 Latin America Urea Fertilizers Market: Growth Analysis,  By Geography, 2013-2019 (KT)
Figure 22 Brazil Urea Fertilizers Market Overview, 2014 & 2019 (%)
Figure 23 Brazil Urea Fertilizers Market, By Application, 2014-2019 (USD MN)
Figure 24 Brazil Urea Fertilizers Market: Application Snapshot
Figure 25 Argentina Urea Fertilizers Market Overview, 2014 & 2019 (%)
Figure 26 Argentina Urea Fertilizers Market, By Application, 2014-2019 (USD MN)
Figure 27 Argentina Urea Fertilizers Market: Application Snapshot
Figure 28 Latin America Urea Fertilizers Market: Company Share  Analysis, 2014 (%)
Figure 29 Agrium Inc. Revenue Mix, 2013 (%)
Figure 30 Yara International ASA Revenue Mix, 2013 (%)
Figure 31 Eurochem Mineral & Chemical CO Ojsc, Revenue Mix, 2013 (%)

Fertilizers are used to aid the growth of crops, particularly when the soil lacks nutrients. Nitrogen is one of the key elements required for a healthy crop. Crops that grow with the help of nitrogenous fertilizers usually have better and higher growth rates. This is because the nitrogen in the fertilizers assimilates into the chlorophyll, generating a better rate of photosynthesis for the plant. The use of nitrogenous fertilizers also gives crops a better color and texture.

Fertilizers can be classified into two types: organic and inorganic. Organic fertilizers include bone meal and organic compost, while chemical or inorganic fertilizers are made artificially. Chemical/inorganic fertilizers are commercially produced in the form of granules or powders and are classified into three primary categories: nitrogenous fertilizers, phosphorous fertilizers, and potassium fertilizers. Among the aforementioned categories of fertilizers, nitrogen plays a vital role as it is the main constituent of proteins, which are essential for the growth and development of crops. Regular and sufficient supply of nitrogen determines a plant’s growth, vigor, color, and yield.

The purpose of this study is to analyze the Latin American market for urea fertilizers. This report includes revenue forecasts, market trends, and opportunities for the period from 2014 to 2019. The analysis has been conducted on the various market segments derived on the basis of application of urea fertilizers.

The Latin American urea fertilizers market was valued at $4,020.2 million in 2014 and is projected to reach $4,654.4 million by 2019, at a CAGR of 3.0% during the period under consideration. The market, by application, was led by the grains & oilseeds segment in 2014, with a 69.4% share of the total market.  

EuroChem, PotashCorp, Yara International ASA, and Agrium Inc., among others are the key players of the Latin American urea fertilizers market. Mergers & acquisitions, partnerships, collaborations, and expansions are among the key strategies adopted by these players to strengthen and sustain their positions in the Latin  American market.