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Phosphate Rock Market Size, Share Global Outlook and Forecast 2023-2029

Writer's picture: krish mundekrish munde

The global Phosphate Rock market was valued at US$ 6667.6 million in 2022 and is projected to reach US$ 6802.8 million by 2029, at a CAGR of 0.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The term phosphate rock (or phosphorite) is used to denote any rock with high phosphorus content. The largest and least expensive source of phosphorus is obtained by mining and concentrating phosphate rock from the numerous phosphate deposits of the world.


This report aims to provide a comprehensive presentation of the global market for Phosphate Rock, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Phosphate Rock. This report contains market size and forecasts of Phosphate Rock in global, including the following market information:


  • Global Phosphate Rock Market Revenue, 2018-2023, 2024-2029, ($ millions)

  • Global Phosphate Rock Market Sales, 2018-2023, 2024-2029, (K MT)

  • Global top five Phosphate Rock companies in 2022 (%)


Global Phosphate Rock key players include OCP Group, The Mosaic Company, Yunnan Phosphate Group, PhosAgro, etc. Global top four manufacturers hold a share about 25%.

China is the largest market, with a share over 50%, followed by USA, and Morocco and Western Sahara, both have a share about 20 percent.

In terms of product, Marine Phosphate Deposits is the largest segment, with a share over 80%. And in terms of application, the largest application is Fertilizer, followed by Animal Nutrition, Detergent, etc.

We surveyed the Phosphate Rock manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:


Global Phosphate Rock Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Phosphate Rock Market Segment Percentages, by Type, 2022 (%)


  • Marine Phosphate Deposits

  • Igneous Phosphate Deposits

  • Others


Global Phosphate Rock Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Phosphate Rock Market Segment Percentages, by Application, 2022 (%)


  • Fertilizer

  • Animal Nutrition

  • Detergent

  • Others


Global Phosphate Rock Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Phosphate Rock Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis


The report also provides analysis of leading market participants including:


  • Key companies Phosphate Rock revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Phosphate Rock revenues share in global market, 2022 (%)

  • Key companies Phosphate Rock sales in global market, 2018-2023 (Estimated), (K MT)

  • Key companies Phosphate Rock sales share in global market, 2022 (%)

key players include:


  • OCP Group

  • Yunnan Phosphate Group

  • The Mosaic Company

  • Hubei Xingfa Chemicals

  • Kailin Group

  • Wengfu Group

  • PhosAgro

  • Nutrien

  • Jordan Phosphate Mines

  • Vales

  • El Nasr Mining Company

  • ICL Fertilizers

  • Ma'aden

  • J.R. Simplot Company

  • Copebrás(CMOC)

  • Groupe Chimique Tunisien

  • GECOPHAM


Outline of Major Chapters:

Chapter 1: Introduces the definition of Phosphate Rock, market overview.

Chapter 2: Global Phosphate Rock market size in revenue and volume.

Chapter 3: Detailed analysis of Phosphate Rock manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Phosphate Rock in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Phosphate Rock capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports 1.1 Phosphate Rock Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Phosphate Rock Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Phosphate Rock Overall Market Size 2.1 Global Phosphate Rock Market Size: 2022 VS 2029 2.2 Global Phosphate Rock Revenue, Prospects & Forecasts: 2018-2029 2.3 Global Phosphate Rock Sales: 2018-2029 3 Company Landscape 3.1 Top Phosphate Rock Players in Global Market 3.2 Top Global Phosphate Rock Companies Ranked by Revenue 3.3 Global Phosphate Rock Revenue by Companies 3.4 Global Phosphate Rock Sales by Companies 3.5 Global Phosphate Rock Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Phosphate Rock Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Phosphate Rock Product Type 3.8 Tier 1, Tier 2 and Tier 3 Phosphate Rock Players in Global Market 3.8.1 List of Global Tier 1 Phosphate Rock Companies 3.8.2 List of Global Tier 2 and Tier 3 Phosphate Rock Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Phosphate Rock Market Size Markets, 2022 & 2029 4.1.2 Marine Phosphate Deposits

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