Spain - 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 Spain - 2023
Contents:
- Nitrogenous Fertilizer Price in Spain (CIF) - 2022
- Nitrogenous Fertilizer Price in Spain (FOB) - 2022
- Nitrogenous Fertilizer Imports in Spain
- Nitrogenous Fertilizer Exports in Spain
Nitrogenous Fertilizer Price in Spain (CIF) - 2022
The average nitrogenous fertilizer import price stood at $505 per ton in 2022, growing by 21% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nitrogenous fertilizer import price increased by +104.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 68% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Algeria ($887 per ton), while the price for Trinidad and Tobago ($290 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Nitrogenous Fertilizer Price in Spain (FOB) - 2022
The average nitrogenous fertilizer export price stood at $393 per ton in 2022, growing by 19% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nitrogenous fertilizer export price increased by +89.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 58% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($903 per ton), while the average price for exports to Denmark ($256 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 Germany (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Nitrogenous Fertilizer Imports in Spain
In 2022, imports of nitrogenous fertilizers (mineral or chemical) into Spain soared to 2.1M tons, with an increase of 26% compared with the previous year. The total import volume increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, nitrogenous fertilizer imports skyrocketed to $1.1B in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 63% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Nitrogenous Fertilizer in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 89.2 | 51.7 | 83.8 | 208 | 32.6% |
| Algeria | 51.8 | 95.3 | 181 | 122 | 33.0% |
| Portugal | 30.6 | 32.1 | 48.7 | 89.5 | 43.0% |
| Netherlands | 32.9 | 33.3 | 61.0 | 88.2 | 38.9% |
| Russia | 27.3 | 20.5 | 48.8 | 84.9 | 46.0% |
| Belgium | 32.8 | 25.5 | 35.1 | 70.8 | 29.2% |
| Germany | 24.5 | 31.3 | 28.0 | 69.0 | 41.2% |
| France | 16.0 | 18.8 | 37.2 | 62.9 | 57.8% |
| Trinidad and Tobago | 20.5 | 15.5 | 28.2 | 53.8 | 37.9% |
| Norway | 22.4 | 18.2 | 24.4 | 42.5 | 23.8% |
| Turkey | 28.1 | 11.8 | 10.7 | 7.9 | -34.5% |
| Others | 44.7 | 67.4 | 101 | 154 | 51.0% |
| Total | 421 | 421 | 688 | 1,052 | 35.7% |
Top Suppliers of Nitrogenous Fertilizer to Spain in 2022:
- Portugal (264.3K tons)
- Netherlands (254.9K tons)
- Egypt (254.9K tons)
- Germany (193.8K tons)
- Trinidad and Tobago (185.5K tons)
- Belgium (149.8K tons)
- Algeria (137.1K tons)
- Russia (125.4K tons)
- Norway (124.2K tons)
- France (92.9K tons)
- Turkey (23.8K tons)
Nitrogenous Fertilizer Exports in Spain
In 2022, approx. 1.6M tons of nitrogenous fertilizers (mineral or chemical) were exported from Spain; rising by 77% against 2021 figures. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, nitrogenous fertilizer exports surged to $614M in 2022. In general, 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 57.9 | 49.2 | 92.9 | 172 | 43.8% |
| Portugal | 36.7 | 26.7 | 36.3 | 79.0 | 29.1% |
| Ireland | 24.9 | 24.6 | 33.3 | 59.0 | 33.3% |
| United Kingdom | 16.7 | 8.9 | 14.7 | 58.7 | 52.0% |
| Denmark | 6.4 | 14.3 | 6.8 | 44.1 | 90.3% |
| Netherlands | 13.9 | 16.4 | 19.8 | 31.6 | 31.5% |
| Italy | 8.5 | 7.5 | 7.9 | 24.0 | 41.3% |
| Belgium | 3.8 | 3.3 | 7.8 | 9.4 | 35.2% |
| Turkey | 6.9 | 2.5 | 12.7 | 5.5 | -7.3% |
| Morocco | 13.9 | 10.7 | 7.0 | 4.3 | -32.4% |
| Others | 31.3 | 45.1 | 51.8 | 126 | 59.1% |
| Total | 221 | 209 | 291 | 614 | 40.6% |
Top Export Markets for Nitrogenous Fertilizer from Spain in 2022:
- France (509.0K tons)
- Ireland (183.9K tons)
- Denmark (171.9K tons)
- United Kingdom (169.9K tons)
- Portugal (129.8K tons)
- Netherlands (103.8K tons)
- Italy (71.7K tons)
- Belgium (25.0K tons)
- Morocco (9.8K tons)
- Turkey (7.6K tons)
This report provides an in-depth analysis of the nitrogenous fertilizer market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
793
This report provides an in-depth analysis of the nitrogenous fertilizer market in Spain.
401
This report provides an in-depth analysis of the ammonium nitrate market in Spain.
726
This report provides an in-depth analysis of the urea market in Spain.
382
This report provides an in-depth analysis of the sodium nitrate market in Spain.
331
This report provides an in-depth analysis of the market for calcium ammonium nitrate (can) in Spain.
402
This report provides an in-depth analysis of the ammonium sulphate market in Spain.
250
This report provides an in-depth analysis of the market for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution in Spain.
1019
This report provides an in-depth analysis of the fertilizer market in Spain.
259
This report provides an in-depth analysis of the market for iron or steel can in Spain.
2256
This report provides an in-depth analysis of the global nitrogenous fertilizer market.
103
Ammonium Nitrate exports experienced a remarkable surge in February 2023, with a staggering 305% increase compared to the previous month. In terms of value, the exports soared to $4.8M in September 2023.
92
Explore the top 10 import markets for nitrogenous fertilizer and their significance in the global agricultural industry.
765
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. ...
1327
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...
774
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...
1019
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 ...
648
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...
820
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...
667
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...
1011
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 ...
