Phosphates; of Potassium Price in Italy - 2023
Contents:
- Phosphates; of Potassium Price in Italy (CIF) - 2023
- Phosphates; of Potassium Price in Italy (FOB) - 2022
- Phosphates; of Potassium Imports in Italy
- Phosphates; of Potassium Exports in Italy
Phosphates; of Potassium Price in Italy (CIF) - 2023
The average phosphates; of potassium import price stood at $2,576 per ton in August 2023, declining by -23.1% against the previous month. Overall, the import price saw a mild contraction. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 59% against the previous month. The import price peaked at $3,590 per ton in May 2023; however, from June 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($5,401 per ton), while the price for China ($1,544 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), while the prices for the other major suppliers experienced a decline.
Phosphates; of Potassium Price in Italy (FOB) - 2022
In 2022, the average phosphates; of potassium export price amounted to $2,596 per ton, surging by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2013 an increase of 45% against the previous year. Over the period under review, the average export prices hit record highs at $2,852 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,509 per ton), while the average price for exports to Belgium ($1,028 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 Vietnam (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphates; of Potassium Imports in Italy
In 2022, the amount of phosphates; of potassia imported into Italy soared to 13K tons, jumping by 41% against 2021 figures. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% 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 +51.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, phosphates; of potassium imports skyrocketed to $30M in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phosphates; of Potassium in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.4 | 1.0 | 0.6 | 13.5 | 223.2% |
| Israel | 7.8 | 8.0 | 8.7 | 10.7 | 11.1% |
| Germany | 1.4 | 2.0 | 2.0 | 2.9 | 27.5% |
| France | 0.8 | 1.0 | 1.4 | 1.6 | 26.0% |
| Belgium | 0.9 | 1.0 | 1.0 | 0.8 | -3.9% |
| Others | 0.5 | 1.1 | 0.3 | 0.3 | -15.7% |
| Total | 11.8 | 14.1 | 14.1 | 29.8 | 36.2% |
Top Suppliers of Phosphates; of Potassium to Italy in 2022:
- China (6.4K tons)
- Israel (4.7K tons)
- Germany (0.7K tons)
- Belgium (0.6K tons)
- France (0.5K tons)
Phosphates; of Potassium Exports in Italy
In 2022, approx. 326 tons of phosphates; of potassia were exported from Italy; growing by 140% on the previous year's figure. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 267%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, phosphates; of potassium exports skyrocketed to $847K in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 187%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Phosphates; of Potassium in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 51.7 | 105 | 110 | 451 | 105.9% |
| Belgium | 0.2 | 13.2 | N/A | 75.2 | 621.8% |
| Algeria | N/A | 2.0 | N/A | 66.5 | 476.6% |
| Germany | 13.4 | 20.3 | 11.3 | 63.2 | 67.7% |
| Vietnam | N/A | 4.9 | 25.4 | 51.0 | 222.6% |
| Spain | 28.4 | 30.7 | 41.1 | 37.6 | 9.8% |
| Azerbaijan | N/A | N/A | N/A | 16.9 | 0% |
| Argentina | N/A | 37.2 | N/A | N/A | 0% |
| Lithuania | N/A | N/A | 20.8 | N/A | 0% |
| Iran | N/A | 102 | N/A | N/A | 0% |
| Others | 68.0 | 150 | 105 | 85.3 | 7.8% |
| Total | 162 | 465 | 314 | 847 | 73.6% |
Top Export Markets for Phosphates; of Potassium from Italy in 2022:
- Switzerland (153.7 tons)
- Belgium (73.1 tons)
- Vietnam (29.0 tons)
- Algeria (24.0 tons)
- Germany (18.0 tons)
- Spain (12.2 tons)
- Azerbaijan (6.0 tons)
59
This report provides an in-depth analysis of the market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) in Italy.
328
This report provides an in-depth analysis of the dicalcium phosphate market in Italy.
341
This report provides an in-depth analysis of the sodium phosphates market in Italy.
326
This report provides an in-depth analysis of the phosphinates and phosphonates market in Italy.
306
This report provides an in-depth analysis of the sodium triphosphate market in Italy.
101
This report provides an in-depth analysis of the global market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate).
1264
This report provides an in-depth analysis of the global dicalcium phosphate market.
579
This report provides an in-depth analysis of the global sodium phosphates market.
560
This report provides an in-depth analysis of the global phosphinates and phosphonates market.
538
This report provides an in-depth analysis of the global sodium triphosphate market.
819
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...
1252
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...
819
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...
1252
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...
