Phosphates; of Potassium Price in Poland - 2023

Contents:

  1. Phosphates; of Potassium Price in Poland (CIF) - 2023
  2. Phosphates; of Potassium Price in Poland (FOB) - 2022
  3. Phosphates; of Potassium Imports in Poland
  4. Phosphates; of Potassium Exports in Poland

Phosphates; of Potassium Price in Poland (CIF) - 2023

The average phosphates; of potassium import price stood at $2,470 per ton in August 2023, surging by 17% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 70% m-o-m. As a result, import price attained the peak level of $4,247 per ton. From June 2023 to August 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($10,523 per ton), while the price for the Netherlands ($284 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 the United States (+33.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average phosphates; of potassium export price amounted to $2,745 per ton, growing by 66% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 export price increased by +102.4% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,204 per ton), while the average price for exports to Ukraine ($1,376 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 Slovakia (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Phosphates; of Potassium Imports in Poland

Phosphates; of potassium imports into Poland skyrocketed to 14K tons in 2022, with an increase of 73% on the year before. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, phosphates; of potassium imports surged to $22M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Phosphates; of Potassium in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel3.53.23.97.629.5%
China1.81.70.96.351.8%
Germany1.62.22.64.541.2%
Belgium2.01.32.22.34.8%
Others0.40.71.61.762.0%
Total9.39.111.122.333.8%

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

  1. China (5.5K tons)
  2. Germany (3.6K tons)
  3. Israel (3.1K tons)
  4. Belgium (0.7K tons)

Phosphates; of Potassium Exports in Poland

Phosphates; of potassium exports from Poland expanded sharply to 446 tons in 2022, picking up by 10% compared with the previous year. Over the period under review, exports, however, continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2020 with an increase of 13%. As a result, the exports reached the peak of 534 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, phosphates; of potassium exports soared to $1.2M in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Phosphates; of Potassium in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic75.187.621332563.0%
Russia16516723923813.0%
Ukraine22728390.5135-15.9%
Lithuania5.11.811.7122188.1%
Hungary21.911837.969.046.6%
Germany6.4N/A0.163.4114.8%
Slovakia14.78.349.648.649.0%
Austria124N/AN/AN/A0%
SerbiaN/A32.1N/AN/A0%
Others40.426.927.222376.7%
Total6797246691,22421.7%

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

  1. Serbia (undefined tons)
  2. Czech Republic (114.3 tons)
  3. Ukraine (97.9 tons)
  4. Russia (76.3 tons)
  5. Hungary (48.6 tons)
  6. Lithuania (42.1 tons)
  7. Slovakia (16.0 tons)
  8. Germany (15.1 tons)

Source: IndexBox Market Intelligence Platform

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