Blog IICA

Evidences

53 results

Potential phosphate deficiency

01/04/2026 Go to Evidence

Brazil could face a phosphate deficit of between 1 and 3 million tons if supply restrictions persist (Canuto, 2026).

Canuto, O. (2026). Transmission channels of the war on Iran to the Brazilian economy. Policy Center for the New South. https://www.policycenter.ma/publications/transmission-channels-war-iran-brazilian-economy

Policy Center for the New South

Dependence on imported phosphates

01/04/2026 Go to Evidence

78% of phosphate consumption in Brazil depends on imports, which exposes the country to external restrictions (Canuto, 2026).

Canuto, O. (2026). Transmission channels of the war on Iran to the Brazilian economy. Policy Center for the New South. https://www.policycenter.ma/publications/transmission-channels-war-iran-brazilian-economy

Policy Center for the New South

Increase in the price of urea

01/04/2026 Go to Evidence

Urea prices in Brazil increased by 35% during the first weeks of March due to the conflict (Canuto, 2026).

Canuto, O. (2026). Transmission channels of the war on Iran to the Brazilian economy. Policy Center for the New South. https://www.policycenter.ma/publications/transmission-channels-war-iran-brazilian-economy

Policy Center for the New South

Gulf urea dependency

01/04/2026 Go to Evidence

36% of Brazil's urea imports came from Iran, Qatar, Saudi Arabia, Oman and the United Arab Emirates in 2025, currently affected by the closure of the Strait of Hormuz (Canuto, 2026).

Canuto, O. (2026). Transmission channels of the war on Iran to the Brazilian economy. Policy Center for the New South. https://www.policycenter.ma/publications/transmission-channels-war-iran-brazilian-economy

Policy Center for the New South

Increased fertilizer prices

30/03/2026 Go to Evidence

Fertilizer prices have increased by up to 30% in some markets due to the global crisis (Mundoagro, 2026).

Mundoagro. (2026). El impacto por región y los riesgos de la crisis global de fertilizantes para la fruticultura. https://mundoagro.io/cl/el-impacto-por-region-y-los-riesgos-de-la-crisis-global-de-fertilizantes-para-la-fruticultura/

Mundoagro. (2026)

Gulf: 13% of global nitrogen and 9% of phosphate

30/03/2026 Go to Evidence

Gulf countries account for 13% of global nitrogen exports and 9% of phosphate nutrients; the Hormuz closure disrupts this critical chain for producing fertilizers such as urea and ammonia (UNCTAD, 2026).

UNCTAD. (2026). Actualización sobre el comercio mundial 2026: Principales tendencias que configuran el comercio internacional. Naciones Unidas

Conferencia de las Naciones Unidas sobre Comercio y Desarrollo (2026)

External dependence of the country

30/03/2026 Go to Evidence

85% of the fertilizers used in Brazil are imported, which explains the high exposure to international shocks (Agrolatam, 2026).

Agrolatam. (2026). Brasil prepara un plan de 2.900 millones de dólares y elimina aranceles para fertilizantes en medio de la crisis global. https://www.agrolatam.com/actualidad-latam/brasil-plan-2900-millones-aranceles-fertilizantes-agro/

AgroLatam

Tariff reduction

30/03/2026 Go to Evidence

0% is the temporary tariff applied to the import of fertilizers to lower agricultural production costs in Brazil (Agrolatam, 2026).

Agrolatam. (2026). Brasil prepara un plan de 2.900 millones de dólares y elimina aranceles para fertilizantes en medio de la crisis global. https://www.agrolatam.com/actualidad-latam/brasil-plan-2900-millones-aranceles-fertilizantes-agro/

AgroLatam

Urea market size

30/03/2026 Go to Evidence

The approximate volume of the urea market in Argentina is 2,200,000 tons, with a significant part dependent on imports (La Nación, 2026).

La Nación. (2026, marzo 30). Guerra en Medio Oriente: en el país hay stock de fertilizantes para cubrir entre 30 y 60 días. https://www.lanacion.com.ar/economia/campo/guerra-en-medio-oriente-en-el-pais-hay-stock-de-fertilizantes-para-cubrir-entre-30-y-60-dias-nid30032026/

La Nación

Short-term available stock

30/03/2026 Go to Evidence

Argentina currently has 30–60 days of fertilizer coverage, allowing the wheat campaign to begin without immediate problems (La Nación, 2026).

La Nación. (2026, marzo 30). Guerra en Medio Oriente: en el país hay stock de fertilizantes para cubrir entre 30 y 60 días. https://www.lanacion.com.ar/economia/campo/guerra-en-medio-oriente-en-el-pais-hay-stock-de-fertilizantes-para-cubrir-entre-30-y-60-dias-nid30032026/

La Nación