Nitrites; Nitrates Price in Luxembourg - 2023
Contents:
- Nitrites; Nitrates Price in Luxembourg (CIF) - 2022
- Nitrites; Nitrates Price in Luxembourg (FOB) - 2022
- Nitrites; Nitrates Imports in Luxembourg
- Nitrites; Nitrates Exports in Luxembourg
Nitrites; Nitrates Price in Luxembourg (CIF) - 2022
The average nitrites; nitrates import price stood at $2,827 per ton in 2022, shrinking by -18.7% against the previous year. In general, the import price, however, showed a prominent expansion. The pace of growth was the most pronounced in 2015 an increase of 1,198%. As a result, import price attained the peak level of $5,372 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($1,948 per ton), while the price for Germany stood at $1,582 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.3%).
Nitrites; Nitrates Price in Luxembourg (FOB) - 2022
The average nitrites; nitrates export price stood at $1,303 per ton in 2022, flattening at the previous year. Overall, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by 2,017%. Over the period under review, the average export prices reached the maximum at $330,500 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2013 to 2022, the rate of growth in terms of prices for Oman amounted to +42.9% per year.
Nitrites; Nitrates Imports in Luxembourg
In 2022, supplies from abroad of nitrites; nitrateses was finally on the rise to reach 9.7 tons after two years of decline. In general, imports, however, saw a dramatic descent.
In value terms, nitrites; nitrates imports soared to $27K in 2022. Overall, imports, however, continue to indicate a abrupt setback.
| Import of Nitrites; Nitrates in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.7 | 3.0 | 7.1 | 11.3 | 152.7% |
| Belgium | 5.6 | 3.8 | 4.6 | 3.3 | -16.2% |
| France | 7.7 | 5.6 | N/A | 0.1 | -76.5% |
| Others | 24.3 | 33.8 | 10.7 | 12.7 | -19.4% |
| Total | 38.3 | 46.2 | 22.5 | 27.4 | -10.6% |
Top Suppliers of Nitrites; Nitrates to Luxembourg in 2022:
- France (undefined tons)
- Germany (7.1 tons)
- Belgium (1.7 tons)
Nitrites; Nitrates Exports in Luxembourg
Nitrites; nitrates exports from Luxembourg amounted to 33 kg in 2022, flattening at the previous year's figure. Over the period under review, exports saw a deep contraction. The smallest decline of 99.9% was in 2021.
In value terms, nitrites; nitrates exports amounted to $43 in 2022. Overall, exports enjoyed significant growth. The smallest decline of -27.3% was in 2020. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Nitrites; Nitrates in Luxembourg (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | N/A | 43.0 | 0% |
| France | 1.0 | 1.0 | N/A | N/A | 0.0% |
| Oman | 21.0 | 15.0 | N/A | N/A | -28.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 22.0 | 16.0 | N/A | 43.0 | 25.0% |
Top Export Markets for Nitrites; Nitrates from Luxembourg in 2022:
- Belgium (33.0 kg)
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