Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
Natural gas prices, the main input for fertilizers, increased by up to 50%, driving up the cost of the sector (Agrolatam, 2026).
More than 80% of the fertilizers used in Latin America are imported, which increases regional vulnerability to external shocks (Mundoagro, 2026).
The rate reached 14.75% after a 25 basis point cut in response to inflationary pressures in Brazil (Canuto, 2026).
78% of phosphate consumption in Brazil depends on imports, which exposes the country to external restrictions (Canuto, 2026).
Urea prices in Brazil increased by 35% during the first weeks of March due to the conflict (Canuto, 2026).
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).
20% of the total demand for phosphates in Brazil could be affected by the projected deficit (Canuto, 2026).
15% of Brazil's fertilizer imports come from the war-affected region (Canuto, 2026).
0.6% of Brazil's GDP corresponds to exports to Middle Eastern countries impacted by the conflict (Canuto, 2026).
Brazil could face a phosphate deficit of between 1 and 3 million tons if supply restrictions persist (Canuto, 2026).
