Serbia - Nitrogenous Fertilizers (Mineral Or Chemical) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingNitrogenous Fertilizer Price in Serbia - 2023
Contents:
- Nitrogenous Fertilizer Price in Serbia (CIF) - 2022
- Nitrogenous Fertilizer Price in Serbia (FOB) - 2022
- Nitrogenous Fertilizer Imports in Serbia
- Nitrogenous Fertilizer Exports in Serbia
Nitrogenous Fertilizer Price in Serbia (CIF) - 2022
In 2022, the average nitrogenous fertilizer import price amounted to $416 per ton, picking up by 20% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 56% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Croatia ($825 per ton), while the price for Austria ($258 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (+59.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Nitrogenous Fertilizer Price in Serbia (FOB) - 2022
In 2022, the average nitrogenous fertilizer export price amounted to $428 per ton, picking up by 17% against the previous year. Over the period under review, the export price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 84%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($613 per ton), while the average price for exports to Romania ($247 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 Bulgaria (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Nitrogenous Fertilizer Imports in Serbia
In 2022, the amount of nitrogenous fertilizers (mineral or chemical) imported into Serbia skyrocketed to 1M tons, picking up by 155% compared with the previous year. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, nitrogenous fertilizer imports soared to $431M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nitrogenous Fertilizer in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 45.0 | 58.4 | 64.6 | 207 | 66.3% |
| Austria | 10.7 | 13.6 | 11.3 | 39.1 | 54.0% |
| Hungary | 11.2 | 15.0 | 11.7 | 35.3 | 46.6% |
| China | N/A | N/A | 6.1 | 24.9 | 308.2% |
| Albania | N/A | N/A | N/A | 18.5 | 0% |
| Egypt | N/A | N/A | 0.7 | 17.0 | 2328.6% |
| Turkmenistan | N/A | 2.0 | 2.8 | 13.8 | 162.7% |
| Croatia | 28.0 | 24.3 | 13.1 | 12.4 | -23.8% |
| Bulgaria | 4.9 | 9.3 | 3.6 | 8.9 | 22.0% |
| Romania | 8.0 | 19.1 | 6.8 | 8.0 | 0.0% |
| Others | 6.0 | 7.3 | 19.8 | 45.4 | 96.3% |
| Total | 114 | 149 | 140 | 431 | 55.8% |
Top Suppliers of Nitrogenous Fertilizer to Serbia in 2022:
- Russia (539.5K tons)
- Austria (151.8K tons)
- Hungary (105.6K tons)
- Albania (36.6K tons)
- China (36.6K tons)
- Egypt (23.8K tons)
- Bulgaria (23.1K tons)
- Romania (21.1K tons)
- Turkmenistan (19.8K tons)
- Croatia (15.1K tons)
Nitrogenous Fertilizer Exports in Serbia
Nitrogenous fertilizer exports from Serbia surged to 236K tons in 2022, rising by 234% on the previous year. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, nitrogenous fertilizer exports skyrocketed to $101M in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Nitrogenous Fertilizer in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 7.4 | 3.8 | 10.1 | 39.6 | 74.9% |
| Bosnia and Herzegovina | 2.8 | 1.0 | 2.2 | 21.3 | 96.7% |
| Croatia | N/A | 0.1 | 0.5 | 17.2 | 1211.5% |
| Bulgaria | 1.1 | 0.5 | 2.6 | 4.3 | 57.5% |
| North Macedonia | 1.5 | 2.4 | 2.6 | 4.2 | 40.9% |
| Romania | 2.8 | 4.0 | 5.5 | 3.7 | 9.7% |
| Austria | N/A | N/A | N/A | 2.8 | 0% |
| Italy | 0.6 | 0.6 | 0.5 | 1.0 | 18.6% |
| Others | 1.5 | 1.5 | 1.9 | 6.8 | 65.5% |
| Total | 17.7 | 13.9 | 25.8 | 101 | 78.7% |
Top Export Markets for Nitrogenous Fertilizer from Serbia in 2022:
- Hungary (96.8K tons)
- Croatia (45.8K tons)
- Bosnia and Herzegovina (45.5K tons)
- Romania (14.8K tons)
- North Macedonia (8.1K tons)
- Bulgaria (7.1K tons)
- Austria (5.3K tons)
- Italy (1.5K tons)
This report provides an in-depth analysis of the nitrogenous fertilizer market in Serbia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4001 - Urea
- FCL 4002 - Ammonium sulphate
- FCL 4003 - Ammonium nitrate (AN)
- FCL 4004 - Calcium ammonium nitrate (CAN) and other mixtures with calcium carbonate
- FCL 4005 - Sodium nitrate
- FCL 4006 - Urea and ammonium nitrate solutions (UAN)
- FCL 4008 - Other nitrogenous fertilizers, n.e.c.
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
266
This report provides an in-depth analysis of the nitrogenous fertilizer market in Serbia.
40
This report provides an in-depth analysis of the ammonium nitrate market in Serbia.
145
This report provides an in-depth analysis of the urea market in Serbia.
110
This report provides an in-depth analysis of the sodium nitrate market in Serbia.
75
This report provides an in-depth analysis of the market for calcium ammonium nitrate (can) in Serbia.
102
This report provides an in-depth analysis of the ammonium sulphate market in Serbia.
40
This report provides an in-depth analysis of the market for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution in Serbia.
293
This report provides an in-depth analysis of the fertilizer market in Serbia.
86
This report provides an in-depth analysis of the market for iron or steel can in Serbia.
2276
This report provides an in-depth analysis of the global nitrogenous fertilizer market.
116
Explore the top 10 import markets for nitrogenous fertilizer and their significance in the global agricultural industry.
773
In value terms, chemical elements doped for use in electronics imports stood at $X in 2016. Overall, chemical elements doped for use in electronics imports continue to indicate a moderate deduction. ...
1333
In value terms, mineral and chemical, potassic fertilizers imports amounted to $X in 2016. Overall, it indicated a mild growth from 2007 to 2016: the total imports value increased at an average annu...
783
In value terms, mineral and chemical, phosphatic fertilizers imports totaled $X in 2016. In general, mineral and chemical, phosphatic fertilizers imports continue to indicate a relatively flat tren...
1028
In value terms, radioactive chemical elements and radioactive isotopes imports amounted to $X in 2016. Overall, radioactive chemical elements and radioactive isotopes imports continue to indicate a ...
827
In value terms, mineral and chemical, potassic fertilizers exports amounted to $X in 2016. Overall, it indicated a temperate expansion from 2007 to 2016: the total exports value decreased at an aver...
650
In value terms, chemical elements doped for use in electronics exports amounted to $X in 2016. In general, chemical elements doped for use in electronics exports continue to indicate a slight shrink...
672
In value terms, mineral and chemical, phosphatic fertilizers exports stood at $X in 2016. In general, mineral and chemical, phosphatic fertilizers exports continue to indicate a slight drop. Global...
1021
In value terms, radioactive chemical elements and radioactive isotopes exports amounted to $X in 2016. Overall, radioactive chemical elements and radioactive isotopes exports continue to indicate a ...
1179
In 2016, the amount of nitrogenous, phosphorus or potassium fertilizer imported worldwide stood at X tons, lowering by -X% against the previous year level. The total import volume increased at a...
