Price for Phosphates; N.E.S in Item No. 2835.2 in Brazil - 2024
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in Brazil (CIF) - 2022
- Price for Phosphates; N.E.S in Item No. 2835.2 in Brazil (FOB) - 2022
- Imports of Phosphates; N.E.S in Item No. 2835.2 in Brazil
- Exports of Phosphates; N.E.S in Item No. 2835.2 in Brazil
Price for Phosphates; N.E.S in Item No. 2835.2 in Brazil (CIF) - 2022
In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $2,412 per ton, surging by 15% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 19% against the previous year. The import price peaked at $2,679 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 Spain ($6,411 per ton), while the price for the United States ($1,343 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phosphates; N.E.S in Item No. 2835.2 in Brazil (FOB) - 2022
The average export price for phosphates; n.e.s in item no. 2835.2s stood at $4,119 per ton in 2022, reducing by -10.3% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of 61%. The export price peaked at $5,577 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($10,525 per ton), while the average price for exports to China ($1,579 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+14.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Phosphates; N.E.S in Item No. 2835.2 in Brazil
In 2022, approx. 1.3K tons of phosphates; n.e.s in item no. 2835.2s were imported into Brazil; surging by 51% on 2021 figures. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of phosphates; n.e.s in item no. 2835.2s surged to $3.2M in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Phosphates; N.E.S in Item No. 2835.2 in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 237 | 372 | 382 | 1,258 | 74.4% |
| France | 365 | 306 | 596 | 731 | 26.0% |
| Germany | 673 | 659 | 475 | 621 | -2.6% |
| United States | 169 | 71.3 | 186 | 179 | 1.9% |
| Spain | 48.4 | 36.8 | 36.5 | 151 | 46.1% |
| Thailand | 108 | 87.7 | 43.5 | 6.4 | -61.0% |
| Others | 61.2 | 44.2 | 106 | 224 | 54.1% |
| Total | 1,662 | 1,577 | 1,824 | 3,171 | 24.0% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Brazil in 2022:
- China (666.2 tons)
- France (353.9 tons)
- United States (133.1 tons)
- Germany (105.0 tons)
- Spain (23.6 tons)
- Thailand (2.0 tons)
Exports of Phosphates; N.E.S in Item No. 2835.2 in Brazil
After three years of growth, overseas shipments of phosphates; n.e.s in item no. 2835.2s decreased by -11.2% to 297 tons in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 117%.
In value terms, exports of phosphates; n.e.s in item no. 2835.2s dropped dramatically to $1.2M in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 111%.
| Export of Phosphates; N.E.S in Item No. 2835.2 in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 2.3 | 174 | 663 | 373 | 445.3% |
| Argentina | 77.7 | 34.3 | 147 | 295 | 56.0% |
| Paraguay | 136 | 165 | 192 | 164 | 6.4% |
| Chile | 14.7 | 15.1 | 77.2 | 121 | 101.9% |
| Peru | 0.9 | 1.0 | 61.3 | 92.9 | 369.1% |
| Ecuador | N/A | N/A | 137 | 22.0 | -83.9% |
| Bolivia | 19.1 | 32.0 | 19.8 | 20.1 | 1.7% |
| China | N/A | N/A | N/A | 15.7 | 0% |
| Mexico | 69.5 | 27.2 | 3.2 | 0.3 | -83.7% |
| Cuba | N/A | 205 | 10.0 | N/A | -95.1% |
| Others | 41.3 | 112 | 224 | 119 | 42.3% |
| Total | 362 | 765 | 1,535 | 1,223 | 50.1% |
Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Brazil in 2022:
- Argentina (128.7 tons)
- Paraguay (60.6 tons)
- Colombia (35.5 tons)
- Chile (23.0 tons)
- Peru (21.0 tons)
- China (10.0 tons)
- Bolivia (6.5 tons)
- Ecuador (5.0 tons)
- Mexico (0.1 tons)
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