Nitrites; Nitrates Price in Finland - 2023
Contents:
- Nitrites; Nitrates Price in Finland (CIF) - 2022
- Nitrites; Nitrates Price in Finland (FOB) - 2022
- Nitrites; Nitrates Imports in Finland
- Nitrites; Nitrates Exports in Finland
Nitrites; Nitrates Price in Finland (CIF) - 2022
In 2022, the average nitrites; nitrates import price amounted to $1,338 per ton, picking up by 55% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Belgium ($2,368 per ton), while the price for Norway ($299 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Nitrites; Nitrates Price in Finland (FOB) - 2022
The average nitrites; nitrates export price stood at $1,168 per ton in 2022, rising by 3.2% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 126% against the previous year. The export price peaked at $3,864 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($5,063 per ton), while the average price for exports to the Netherlands ($1,058 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 the Netherlands (+74.9%), while the prices for the other major destinations experienced more modest paces of growth.
Nitrites; Nitrates Imports in Finland
In 2022, purchases abroad of nitrites; nitrateses increased by 6% to 5.2K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a precipitous descent.
In value terms, nitrites; nitrates imports surged to $7M in 2022. Over the period under review, imports, however, recorded a deep contraction.
| Import of Nitrites; Nitrates in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 211 | 300 | 292 | 1,711 | 100.9% |
| Jordan | 852 | 998 | 1,130 | 1,639 | 24.4% |
| Spain | 48.1 | 199 | 108 | 835 | 158.9% |
| Israel | 251 | 482 | 451 | 619 | 35.1% |
| Italy | 214 | 201 | 264 | 399 | 23.1% |
| Germany | 181 | 283 | 275 | 308 | 19.4% |
| Poland | 256 | 153 | 238 | 307 | 6.2% |
| Chile | 600 | 596 | 134 | 223 | -28.1% |
| China | N/A | 41.2 | 28.1 | 216 | 129.0% |
| Denmark | 685 | 702 | 908 | 170 | -37.2% |
| Norway | 243 | 102 | 110 | 114 | -22.3% |
| Sweden | 7,471 | 4,200 | 75.1 | 96.7 | -76.5% |
| Others | 291 | 180 | 254 | 360 | 7.4% |
| Total | 11,303 | 8,436 | 4,266 | 6,997 | -14.8% |
Top Suppliers of Nitrites; Nitrates to Finland in 2022:
- Netherlands (1231.0 tons)
- Jordan (1224.0 tons)
- Poland (465.2 tons)
- Israel (412.0 tons)
- Norway (382.4 tons)
- Spain (371.1 tons)
- Germany (223.4 tons)
- Italy (211.2 tons)
- China (198.0 tons)
- Denmark (184.8 tons)
- Chile (138.0 tons)
- Sweden (52.7 tons)
Nitrites; Nitrates Exports in Finland
In 2022, the amount of nitrites; nitrateses exported from Finland soared to 304 tons, surging by 384% against the previous year. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 2,519%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, nitrites; nitrates exports surged to $356K in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 673%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Nitrites; Nitrates in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 0.5 | 0.5 | 42.8 | 238 | 680.8% |
| Netherlands | N/A | N/A | 6.8 | 70.5 | 936.8% |
| Estonia | 0.4 | 0.2 | 0.1 | 19.5 | 265.3% |
| Others | 20.5 | 8.5 | 21.5 | 27.8 | 10.7% |
| Total | 21.3 | 9.2 | 71.2 | 356 | 155.7% |
Top Export Markets for Nitrites; Nitrates from Finland in 2022:
- Denmark (216.9 tons)
- Netherlands (66.6 tons)
- Estonia (12.0 tons)
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