Slovakia - Nitrogenous Fertilizers (Mineral Or Chemical) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 9, 2024

Slovakia - Nitrogenous Fertilizers (Mineral Or Chemical) - Market Analysis, Forecast, Size, Trends and Insights

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Nitrogenous Fertilizer Price in Slovakia - 2023

Contents:

  1. Nitrogenous Fertilizer Price in Slovakia (FOB) - 2022
  2. Nitrogenous Fertilizer Price in Slovakia (CIF) - 2022
  3. Nitrogenous Fertilizer Exports in Slovakia
  4. Nitrogenous Fertilizer Imports in Slovakia

Nitrogenous Fertilizer Price in Slovakia (FOB) - 2022

In 2022, the average nitrogenous fertilizer export price amounted to $303 per ton, picking up by 6.3% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 39%. The export price peaked at $319 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($546 per ton), while the average price for exports to Hungary ($225 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 Poland (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Nitrogenous Fertilizer Price in Slovakia (CIF) - 2022

The average nitrogenous fertilizer import price stood at $491 per ton in 2022, with an increase of 36% against the previous year. Over the period under review, the import price continues to indicate a notable increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 69%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 ($733 per ton), while the price for the Czech Republic ($267 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Nitrogenous Fertilizer Exports in Slovakia

For the fourth year in a row, Slovakia recorded growth in shipments abroad of nitrogenous fertilizers (mineral or chemical), which increased by 71% to 2.6M tons in 2022. In general, exports continue to indicate 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 soared to $789M in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Nitrogenous Fertilizer in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic59.051.487.818446.1%
Hungary57.349.310516542.3%
Germany39.133.359.611643.7%
Austria23.221.937.573.146.6%
Italy9.28.421.342.166.0%
France9.113.222.440.364.2%
Romania12.119.323.637.846.2%
Others41.745.276.513046.1%
Total25124243478946.5%

Top Export Markets for Nitrogenous Fertilizer from Slovakia in 2022:

  1. Hungary (734.4K tons)
  2. Czech Republic (586.0K tons)
  3. Germany (434.6K tons)
  4. Austria (257.9K tons)
  5. Romania (137.8K tons)
  6. Italy (119.8K tons)
  7. France (75.0K tons)

Nitrogenous Fertilizer Imports in Slovakia

In 2022, nitrogenous fertilizer imports into Slovakia skyrocketed to 604K tons, rising by 42% compared with 2021. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.0% 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 +54.0% against 2020 indices. 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 $297M in 2022. In general, imports showed 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 Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland38.732.762.291.433.2%
Austria11.59.619.936.246.6%
Czech Republic9.38.816.235.656.4%
Lithuania5.24.714.028.275.7%
Germany1.91.23.126.5140.7%
Ukraine3.40.82.617.673.0%
Croatia4.92.46.612.938.1%
Romania3.910.35.012.547.4%
Hungary14.012.919.811.8-5.5%
Others12.01.04.524.126.2%
Total10584.415429741.4%

Top Suppliers of Nitrogenous Fertilizer to Slovakia in 2022:

  1. Poland (133.9K tons)
  2. Czech Republic (133.2K tons)
  3. Austria (88.8K tons)
  4. Lithuania (42.0K tons)
  5. Ukraine (37.3K tons)
  6. Germany (36.1K tons)
  7. Hungary (34.2K tons)
  8. Romania (30.6K tons)
  9. Croatia (30.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the nitrogenous fertilizer market in Slovakia. 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:

  • Slovakia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Slovakia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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