Phosphates; of Potassium Price in Uruguay - 2022

Contents:

1. Phosphates; of Potassium Price in Uruguay (CIF) - 2022
2. Phosphates; of Potassium Price in Uruguay (FOB) - 2022
3. Phosphates; of Potassium Imports in Uruguay
4. Phosphates; of Potassium Exports in Uruguay

Phosphates; of Potassium Price in Uruguay (CIF) - 2022

The average phosphates; of potassium import price stood at $9,636 per ton in 2022, surging by 54% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phosphates; of potassium import price decreased by -5.0% against 2018 indices. Over the period under review, average import prices reached the peak figure at $10,144 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($63,970 per ton), while the price for China ($7,421 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Phosphates; of Potassium Price in Uruguay (FOB) - 2022

In 2022, the average phosphates; of potassium export price amounted to $1,000 per ton, therefore, remained relatively stable against the previous year. In general, the export price recorded a deep contraction. The growth pace was the most rapid in 2016 when the average export price decreased by 99.9%. The export price peaked at $3,000 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Phosphates; of Potassium Imports in Uruguay

In 2022, imports of phosphates; of potassia into Uruguay contracted to 9.3 tons, with a decrease of -9.6% on the previous year. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 405%. As a result, imports reached the peak of 10 tons, and then dropped in the following year.

In value terms, phosphates; of potassium imports soared to $89K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 216% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Top Suppliers of Phosphates; of Potassium to Uruguay in 2022:

1. China (8.7 tons)
2. Germany (0.3 tons)
3. France (0.3 tons)

Phosphates; of Potassium Exports in Uruguay

Phosphates; of potassium exports from Uruguay declined remarkably to 1 kg in 2022, reducing by -75% against the year before. In general, exports continue to indicate a dramatic descent.

In value terms, phosphates; of potassium exports declined rapidly to $1 in 2022. Over the period under review, exports recorded a sharp decrease.

Top Export Markets for Phosphates; of Potassium from Uruguay in 2022:

1. Canada (1.0 kg)

Source: IndexBox Market Intelligence Platform