# India’s Fertilizer Report Card for Q1FY’23-24: Record Production, Imports, and Sales -

> India reported record fertilizer production in April to June 2023, with urea output at 7.4 million tons, DAP at 1.2 million tons and NPK at 2.4 million tons. Sales of urea, DAP and NPK rose 22% to 27% year on year, while MOP sales fell 23%. Imports overall grew 25%, led by DAP, MOP and NPK, while urea imports fell 21%.

- Date: 2023-07-30 · published 2023-07-30T12:00:00.000Z
- Category: report · region India · magnitude low
- Page: https://feedsoft.ai/events/5886-india-s-fertilizer-report-card-for-q1fy-23-24-record-production-imports-and
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Strong Indian DAP and MOP import growth supports phosphate and potash demand, while lower urea imports point to reduced import pull for nitrogen. Overall the report signals firm Indian phosphate demand.

## Read by commodity

- DAP: bullish ▲
- UREA: bearish ▼
- POTASH: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DAP | 2023-08-03 | 5 | +14.5% | 3.7 | Record Indian DAP imports and sales point to strong demand pulling on global DAP supply. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2022-07-05 | [Impacts and Repercussions of Price Increases on the Global Fertilizer Market](https://feedsoft.ai/events/40415-impacts-and-repercussions-of-price-increases-on-the-global-fertilizer-market.md) | +4.0% | -0.7% |
| DAP | 2022-06-30 | [Impacts and Repercussions of Price Increases on the Global Fertilizer Market \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/40878-impacts-and-repercussions-of-price-increases-on-the-global-fertilizer-market.md) | -0.0% | -0.1% |
| DAP | 2023-07-01 | [Maps&Facts: Declining supplies and soaring fertiliser prices: A threat to cereal production in the Sahel and West Africa](https://feedsoft.ai/events/35357-maps-and-facts-declining-supplies-and-soaring-fertiliser-prices-a-threat-to.md) | -0.6% | +14.0% |
| DAP | 2026-02-25 | [U.S. Fertilizer Prices Rise for Second Week as Urea Leads Nitrogen Rally](https://feedsoft.ai/events/20928-u-s-fertilizer-prices-rise-for-second-week-as-urea-leads-nitrogen-rally.md) | +4.7% | +4.5% |
| DAP | 2024-12-23 | [Fertilizer prices stabilize in 2024, but uncertainty continues \| Ag Proud](https://feedsoft.ai/events/26887-fertilizer-prices-stabilize-in-2024-but-uncertainty-continues-ag-proud.md) | 0.0% | +1.5% |
| UREA | 2024-07-08 | [Fertilizer prices edge lower amid lower input costs and improved production prospects](https://feedsoft.ai/events/29612-fertilizer-prices-edge-lower-amid-lower-input-costs-and-improved-production.md) | -0.1% | +3.8% |
| UREA | 2023-12-17 | [International Fertilizer Price Report: Nov 2023 Updates and Analysis -](https://feedsoft.ai/events/33042-international-fertilizer-price-report-nov-2023-updates-and-analysis.md) | +1.6% | +2.4% |
| UREA | 2022-11-29 | [New Report Predicts More Stable Fertilizer Markets for 2023](https://feedsoft.ai/events/38997-new-report-predicts-more-stable-fertilizer-markets-for-2023.md) | -4.0% | -7.5% |

## Sources

- fertiliserindia.com: https://fertiliserindia.com/india-fertilizer-report-card-for-q1fy23-24-record-production-imports-and-sales/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.