Middle East Phosphate Fertilizer Market Size, Share, By Product (Monoammonium Phosphate (MAP), Diammonium Phosphate (DAP), Single Superphosphate (SSP), Triple Superphosphate (TSP), and Other), By Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Other), Middle East Phosphate Fertilizer Market Insights, Industry Trend, Forecasts to 2035.

Middle East Phosphate Fertilizer Market Insights Forecasts to 2035

• Middle East Phosphate Fertilizer Market Size 2024: USD 1295.7 Mn
• Middle East Phosphate Fertilizer Market Size 2035:  USD 2610.5 Mn
• Middle East Phosphate Fertilizer Market CAGR 2024: 6.58%
• Middle East Phosphate Fertilizer Market Segments: Product and Application

The Middle East phosphate fertilizer market involves all activities related to the production, distribution, and usage of phosphate-based fertilizers throughout the region, which helps maintain soil fertility and boosts agricultural productivity in dry and semi-dry farming systems.

The development of a USD 2 billion phosphate fertilizer facility in Al-Qaim, Iraq, will commence construction to produce TSP and DAP through operations that extract materials from one of the area's major phosphate reserves.

The Omani government issued Ministerial Decision No. 105/2023, which requires phosphate fertilizer subsidies to support sustainable agriculture while providing farmers with essential nutrients. The government seeks to achieve two goals through this program, which will increase domestic fertilizer consumption and enhance national agricultural output.

The Middle East phosphate fertilizer market provides multiple growth prospects because food security programs drive market expansion, while companies build new production facilities and develop sustainable fertilizers and, handle increased exports and maintain rising demand from water-efficient agriculture practices.

Market Dynamics of the Middle East Phosphate Fertilizer Market:

The Middle East Phosphate fertilizer market is driven by the abundant phosphate reserves and two additional factors, which are present food security requirements, government agricultural support programs and the growing demand for fertilizer production and the rising need to increase crop yields and the expanding market demand from Asian and African countries, which receive support through infrastructure projects and strategic investments.

The Middle East Phosphate fertilizer market is restrained by the faces multiple obstacles, which include water shortages and unpredictable fluctuations of raw materials and energy costs, environmental protection laws and the need for substantial capital investments and market dependency, which exposes producers to international price changes and trading uncertainties because of their export business model.

The future of Middle East phosphate fertilizer market is bright and promising, with expected capacity growth and sustainable fertilizer development, high export capability, government backing and increasing domestic and international food requirements to create value for the market.

Market Segmentation

The Middle East phosphate fertilizer market share is classified into product and application.

By Product:

The Middle East phosphate fertilizer market is divided by product into monoammonium phosphate (MAP), diammonium phosphate (DAP), single superphosphate (SSP), triple superphosphate (TSP), and other. Among these, the monoammonium phosphate (MAP) segment dominated the share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. Because it provides balanced nutrients together with its high solubility, its effectiveness in arid soil conditions and its ability to work with contemporary irrigation and precision agriculture methods.

By Application:

The Middle East phosphate fertilizer market is divided by application into cereals & grains, oilseeds & pulses, fruits & vegetables, and other. Among these, the cereals & grains segment accounted for the largest market share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. because their extensive cultivated land matches the needs of staple foods, while government food security programs and phosphate fertilizer applications for yield improvement in arid regions sustain their dominance.

Competitive Analysis:

The report offers the appropriate analysis of the key organisations/companies involved within the Middle East phosphate fertilizer market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. 

Top Key Companies in Middle East Phosphate Fertilizer Market:

• Ma'aden Phosphate Company
• Jordan Phosphate Mines Company (Jpmc)
• Ocp Group
• Sabic Agri-Nutrients
• Icl Group
• Fauji Jordan Fertilizer Company
• Wa'ad Al Shamal Phosphate Co.
• Oman India Fertiliser Company (Omifco)
• Gulf Petrochemical Industries Company (Gpic)
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the Middle East, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Middle East phosphate fertilizer market based on the below-mentioned segments:

Middle East Phosphate Fertilizer Market, By Product

• Monoammonium Phosphate (MAP)
• Diammonium Phosphate (DAP)
• Single Superphosphate (SSP)
• Triple Superphosphate (TSP)
• Other Product

Middle East Phosphate Fertilizer Market, By Application

• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Other Application