The Phosphoric Acid Price Trend showed a clear upward movement during Q1 2026, mainly because raw material costs remained high and demand stayed firm across important end-use industries. Phosphoric Acid prices were supported by higher Sulphuric Acid and Rock Phosphate costs, while fertilizer and food-related demand kept the market active.
Looking ahead, the Phosphoric Acid Price Forecast will depend on raw material costs, export demand, freight conditions, agricultural activity, and global trade developments. The market movement was not the same in every country, but most major regions recorded some level of price increase during the quarter.
During Q1 2026, the global Phosphoric Acid market generally moved upward. One of the main reasons was the increase in the cost of important feedstocks, especially Sulphuric Acid and Rock Phosphate. These materials have a direct effect on the cost of producing Phosphoric Acid, so higher feedstock prices naturally created upward pressure on the finished product.
👉 👉 👉 Please Submit Your Query for Phosphoric Acid Price Trend, demand-supply, suppliers, market analysis: https://www.price-watch.ai/book-a-demo/
Demand was another important factor. Fertilizer manufacturers continued to require Phosphoric Acid, particularly in regions where agricultural activity remained strong. Food and industrial applications also provided steady demand for different grades of the product. This combination of higher production costs and stable consumption created a firm market environment.
The Asia Pacific region recorded a noticeable increase in Phosphoric Acid prices during Q1 2026. China played an important role because of its export-oriented market. Higher Sulphuric Acid and Rock Phosphate costs pushed up production expenses and supported stronger export pricing.
In South Korea, imported Phosphoric Acid prices increased as buyers faced higher prices from China. Food and industrial demand remained strong, while international trade uncertainty also affected buying sentiment. South Korea recorded a 7% monthly increase in March and a 5% quarterly increase.
India also experienced a steady increase. Domestic demand from food processing and industrial sectors supported the market, while higher import parity prices added further strength. In March, Indian Phosphoric Acid prices increased by 7% from the previous month and were 4% higher on a quarterly basis.
Vietnam and Australia also recorded upward movements. Vietnam saw a 3% quarterly increase, while Australia experienced higher import costs because of rising prices from China. These developments show how changes in one major exporting market can influence prices in importing countries.
The European market also moved higher, although the increase was more moderate than in some other regions. Spain recorded a 3% quarterly increase, mainly because of higher import prices from Morocco. Stable fertilizer demand helped keep the market firm.
Belgium saw a smaller increase of around 1% during the quarter. Import prices from Morocco remained firm because of feedstock costs, but changes in freight rates helped limit the overall increase in CIF prices. This shows why logistics can sometimes reduce the impact of higher production costs on the final market price.
For European buyers, the Phosphoric Acid Price Trend therefore remained positive, but the pace of growth depended heavily on import prices, freight conditions, and fertilizer-sector demand.
North America recorded some of the stronger price increases during Q1 2026. The United States saw an 8% quarterly increase, supported by strong agricultural and export demand and higher Sulphuric Acid costs. Fertilizer-sector supply shortages also helped push prices higher.
Canada experienced a 7% quarterly increase, with imported prices influenced by higher values from the United States. Strong fertilizer demand provided additional support. Mexico recorded an even stronger quarterly increase of 8%, as higher US export prices combined with robust agricultural demand.
These developments indicate that agricultural activity remained one of the strongest demand drivers for Phosphoric Acid in North America. Before and during important planting periods, fertilizer demand can have a noticeable effect on the market.
Brazil's Phosphoric Acid market showed moderate growth during Q1 2026. Higher import prices from Morocco were one of the main reasons behind the increase. Morocco's own export prices were supported by firm Rock Phosphate and Sulphuric Acid costs.
Brazil also benefited from steady agricultural demand because Phosphoric Acid is an important input for fertilizer production. In March 2026, prices increased by 5% from the previous month, while the quarterly increase was around 2%.
The Brazilian market therefore remained firm without showing the same level of increase seen in some North American markets.
The Middle East showed a relatively stable to slightly positive price movement. Saudi Arabia recorded a 1% quarterly increase, while Jordan also recorded a 1% quarter-on-quarter rise.
In Saudi Arabia, imported Phosphoric Acid prices were influenced by Jordanian export prices. Stable Rock Phosphate supply and moderate feedstock costs helped maintain a balanced market. At the same time, concerns surrounding regional geopolitical developments and the Strait of Hormuz created some uncertainty around logistics and international trade.
Jordan's production rates were sufficient to meet demand, which limited the size of the price increase. However, export demand from fertilizer-producing markets remained consistent and helped keep prices firm.
Morocco and China remained important markets to watch because their export pricing influenced buyers in several importing countries. Morocco experienced an upward price movement during Q1 2026 because Rock Phosphate and Sulphuric Acid costs were high. Strong export demand from Asian and European fertilizer markets also reduced the availability of material in the FOB market.
China also recorded a positive trend. Higher raw material costs and consistent demand from food and industrial applications supported export prices. Strong export volumes reduced domestic stock and contributed to higher FOB prices. China recorded a 5% quarterly increase, with prices rising by 7% in March.
These two markets are important for international buyers because changes in their export prices can quickly influence import costs in countries such as India, South Korea, Australia, Spain, and Brazil.
Raw material costs were one of the biggest factors behind the Q1 2026 increase. Sulphuric Acid and Rock Phosphate are essential inputs for Phosphoric Acid production. When their prices rise, manufacturers generally face higher production expenses.
This relationship was visible across several markets. Higher feedstock costs supported export prices in China and Morocco, while imported markets such as India, South Korea, Australia, and Canada also felt the effect through higher import parity or CIF prices.
For buyers and manufacturers, monitoring feedstock markets is therefore important when trying to understand where Phosphoric Acid prices may move next.
International logistics also played a role in the Q1 2026 market. Geopolitical tensions involving Israel, the United States, and Iran created uncertainty around international trade and transportation. Concerns about the Strait of Hormuz added another layer of risk for some Middle Eastern and international trade routes.
However, the effect was different from market to market. In some regions, stable freight rates prevented transportation costs from adding significantly to the final price. In other cases, geopolitical uncertainty increased caution among buyers and sellers and influenced trade sentiment.
This means that the future Phosphoric Acid Price Forecast cannot depend only on supply and demand. Freight rates, shipping availability, energy costs, and international trade conditions will also remain important.
Looking ahead, the Phosphoric Acid Price Forecast appears closely connected to the direction of Sulphuric Acid and Rock Phosphate prices. If feedstock costs remain elevated and fertilizer demand stays strong, Phosphoric Acid prices may continue to receive upward support.
Agricultural demand will also remain an important factor. Countries with strong fertilizer consumption can continue creating healthy demand for Phosphoric Acid. At the same time, food and industrial applications should provide additional support for food-grade and industrial-grade material.
Export prices from China and Morocco will also need to be watched carefully because several importing markets depend on these suppliers. Any major change in export availability, production costs, freight rates, or international trade conditions could influence regional prices.
The Q1 2026 Phosphoric Acid Price Trend was broadly positive, with most major markets reporting price increases. The main drivers were higher Sulphuric Acid and Rock Phosphate costs, steady fertilizer demand, food and industrial consumption, and firm export activity. The United States, Mexico, Canada, South Korea, India, China, and several other markets recorded notable increases, while Europe and the Middle East experienced more moderate growth.
Overall, Phosphoric Acid prices remained supported by a combination of production costs and healthy demand. Going forward, buyers should continue watching raw material prices, agricultural demand, export availability, freight conditions, and geopolitical developments. These factors will be central to the Phosphoric Acid Price Forecast and will determine whether the market continues its upward direction or moves toward greater stability.
👉 👉 👉 Please Submit Your Query for Phosphoric Acid Price Trend, demand-supply, suppliers, market analysis: https://www.price-watch.ai/book-a-demo/
Price-Watch™ is an India-based, independent price reporting agency (PRA) that provides real-time price forecasts and data-driven insights into global raw material markets. It specializes in tracking prices, analyzing market trends, and delivering timely updates on plant shutdowns, supply disruptions, capacity expansions, and demand–supply dynamics. Price-Watch™ reporting goes beyond prices to include grade-level insights, applications, and country-level demand intelligence you can trust. Powered by AI forecasting and over a decade of historical data, the Price-Watch™ platform empowers manufacturers, traders, and procurement professionals to make faster, smarter decisions and turn market volatility into actionable opportunity.
Futura Tech Park,
C Block, 8th floor 334,
Old Mahabalipuram Road,
Sholinganallur, Chennai, Tamil Nadu, Pin code - 600119.
Linkedin: https://www.linkedin.com/company/price-watch-ai/
Facebook: https://www.facebook.com/people/Price-Watch/61568490385598/
Twitter: https://x.com/pricewatchai
Website: https://www.price-watch.ai/