Phosphates; of Potassium Price in Ecuador - 2022

Contents:

  1. Phosphates; of Potassium Price in Ecuador (CIF) - 2022
  2. Phosphates; of Potassium Price in Ecuador (FOB) - 2022
  3. Phosphates; of Potassium Imports in Ecuador
  4. Phosphates; of Potassium Exports in Ecuador

Phosphates; of Potassium Price in Ecuador (CIF) - 2022

The average phosphates; of potassium import price stood at $1,509 per ton in 2022, waning by -16.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 38%. As a result, import price attained the peak level of $1,804 per ton, and then dropped notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($3,040 per ton), while the price for the Netherlands ($597 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Phosphates; of Potassium Price in Ecuador (FOB) - 2022

The average phosphates; of potassium export price stood at $3,786 per ton in 2022, falling by -19.2% against the previous year. In general, the export price recorded a noticeable setback. The growth pace was the most rapid in 2016 when the average export price increased by 83%. As a result, the export price reached the peak level of $11,218 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +0.7% per year.

Phosphates; of Potassium Imports in Ecuador

After two years of decline, supplies from abroad of phosphates; of potassia increased by 22% to 923 tons in 2022. Over the period under review, imports, however, saw a abrupt contraction.

In value terms, phosphates; of potassium imports rose to $1.4M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern.

Import of Phosphates; of Potassium in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6969246968466.7%
Israel14228.828637738.5%
Belgium31225815332.1-53.1%
Mexico13854.623.731.1-39.1%
Peru59.558.823.328.4-21.8%
Netherlands48.049.920.726.1-18.4%
Others15.044.916451.751.1%
Total1,4111,4191,3671,393-0.4%

Top Suppliers of Phosphates; of Potassium to Ecuador in 2022:

  1. China (541.4 tons)
  2. Israel (273.7 tons)
  3. Netherlands (43.6 tons)
  4. Mexico (20.9 tons)
  5. Peru (19.9 tons)
  6. Belgium (10.6 tons)

Phosphates; of Potassium Exports in Ecuador

In 2022, shipments abroad of phosphates; of potassia was finally on the rise to reach 28 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a sharp descent.

In value terms, phosphates; of potassium exports skyrocketed to $106 in 2022. Overall, exports, however, saw a dramatic contraction.

Export of Phosphates; of Potassium in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada0.10.10.10.10.0%
France60.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total61.00.10.10.1-88.2%

Top Export Markets for Phosphates; of Potassium from Ecuador in 2022:

  1. Canada (28.0 kg)

Source: IndexBox Market Intelligence Platform

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