Phosphates; of Potassium Price in Brazil - 2023
Contents:
- Phosphates; of Potassium Price in Brazil (CIF) - 2022
- Phosphates; of Potassium Price in Brazil (FOB) - 2022
- Phosphates; of Potassium Imports in Brazil
- Phosphates; of Potassium Exports in Brazil
Phosphates; of Potassium Price in Brazil (CIF) - 2022
In 2022, the average phosphates; of potassium import price amounted to $2,662 per ton, jumping by 52% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phosphates; of potassium import price increased by +63.8% against 2020 indices. 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 Mexico ($14,479 per ton), while the price for Israel ($2,407 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphates; of Potassium Price in Brazil (FOB) - 2022
In 2022, the average phosphates; of potassium export price amounted to $4,768 per ton, picking up by 4.7% against the previous year. Overall, the export price, however, recorded a deep slump. The pace of growth appeared the most rapid in 2020 an increase of 119%. Over the period under review, the average export prices reached the peak figure at $22,949 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Argentina ($5,223 per ton) and Mexico ($4,760 per ton), while the average price for exports to Chile ($4,132 per ton) and Canada ($4,675 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphates; of Potassium Imports in Brazil
In 2022, approx. 3.1K tons of phosphates; of potassia were imported into Brazil; growing by 63% on 2021 figures. In general, imports posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, phosphates; of potassium imports surged to $8.1M in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phosphates; of Potassium in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 922 | 824 | 1,378 | 3,066 | 49.3% |
| China | 1,162 | 724 | 721 | 3,014 | 37.4% |
| France | 389 | 510 | 364 | 694 | 21.3% |
| Belgium | 42.1 | 64.6 | 244 | 611 | 143.9% |
| Germany | 279 | 224 | 232 | 301 | 2.6% |
| United States | 112 | 175 | 222 | 282 | 36.0% |
| Others | 287 | 76.7 | 132 | 169 | -16.2% |
| Total | 3,194 | 2,597 | 3,293 | 8,135 | 36.6% |
Top Suppliers of Phosphates; of Potassium to Brazil in 2022:
- Israel (1273.9 tons)
- China (1195.8 tons)
- France (211.9 tons)
- Belgium (198.6 tons)
- United States (104.9 tons)
- Germany (40.1 tons)
Phosphates; of Potassium Exports in Brazil
In 2022, approx. 32 tons of phosphates; of potassia were exported from Brazil; jumping by 118% against 2021. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,098% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, phosphates; of potassium exports skyrocketed to $151K in 2022. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,174%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Phosphates; of Potassium in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | 45.0 | 93.5 | 107.8% |
| Mexico | N/A | N/A | 17.9 | 47.6 | 165.9% |
| Argentina | 0.9 | 1.6 | 2.2 | 4.0 | 64.4% |
| Chile | 3.8 | 0.3 | 0.4 | 2.4 | -14.2% |
| Paraguay | 12.9 | N/A | 0.5 | N/A | -80.3% |
| Others | 3.5 | 3.2 | N/A | 3.5 | 0.0% |
| Total | 21.0 | 5.2 | 66.0 | 151 | 93.0% |
Top Export Markets for Phosphates; of Potassium from Brazil in 2022:
- Canada (20.0 tons)
- Mexico (10.0 tons)
- Argentina (0.8 tons)
- Chile (0.6 tons)
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This report provides an in-depth analysis of the sodium triphosphate market in Brazil.
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This report provides an in-depth analysis of the global market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate).
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This report provides an in-depth analysis of the global dicalcium phosphate market.
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This report provides an in-depth analysis of the global sodium phosphates market.
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This report provides an in-depth analysis of the global phosphinates and phosphonates market.
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This report provides an in-depth analysis of the global sodium triphosphate market.
109
From 2017 to 2023, the growth of imports for Dicalcium Phosphate failed to pick up steam. In terms of value, dicalcium phosphate imports plummeted to $38M in 2023.
246
During the period from June 2023 to August 2023, the import growth experienced a setback and did not manage to regain momentum. However, in terms of value, the import of Dicalcium Phosphate saw a significant increase, reaching $3.4M in August 2023.
256
In August 2022, the sodium phosphates price amounted to $2,829 per ton (CIF, Brazil), shrinking by -2.9% against the previous month.
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The price of Sodium Triphosphate in Brazil, CIF, was $1,497 per ton in July 2023, showing a decrease of -7.9% compared to the previous month.
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
109
From 2017 to 2023, the growth of imports for Dicalcium Phosphate failed to pick up steam. In terms of value, dicalcium phosphate imports plummeted to $38M in 2023.
246
During the period from June 2023 to August 2023, the import growth experienced a setback and did not manage to regain momentum. However, in terms of value, the import of Dicalcium Phosphate saw a significant increase, reaching $3.4M in August 2023.
256
In August 2022, the sodium phosphates price amounted to $2,829 per ton (CIF, Brazil), shrinking by -2.9% against the previous month.
219
The price of Sodium Triphosphate in Brazil, CIF, was $1,497 per ton in July 2023, showing a decrease of -7.9% compared to the previous month.
