Phosphates; of Potassium Price in Portugal - 2023
Contents:
- Phosphates; of Potassium Price in Portugal (CIF) - 2022
- Phosphates; of Potassium Price in Portugal (FOB) - 2022
- Phosphates; of Potassium Imports in Portugal
- Phosphates; of Potassium Exports in Portugal
Phosphates; of Potassium Price in Portugal (CIF) - 2022
The average phosphates; of potassium import price stood at $4,362 per ton in 2022, jumping by 62% against the previous year. Over the period under review, the import price showed strong growth. The growth pace was the most rapid in 2021 when the average import price increased by 65% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($11,071 per ton), while the price for Spain ($3,453 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphates; of Potassium Price in Portugal (FOB) - 2022
In 2022, the average phosphates; of potassium export price amounted to $1,440 per ton, declining by -32.3% against the previous year. In general, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2021 when the average export price increased by 106% against the previous year. The export price peaked at $3,648 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($4,631 per ton), while the average price for exports to Angola ($1,207 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 Spain (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphates; of Potassium Imports in Portugal
In 2022, supplies from abroad of phosphates; of potassia was finally on the rise to reach 125 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a sharp contraction.
In value terms, phosphates; of potassium imports skyrocketed to $546K in 2022. Overall, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phosphates; of Potassium in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 359 | 343 | 199 | 322 | -3.6% |
| Belgium | 12.1 | 8.0 | 3.7 | 90.8 | 95.8% |
| France | 34.5 | 41.7 | 17.9 | 83.3 | 34.2% |
| Germany | 20.8 | 21.4 | 21.5 | 49.8 | 33.8% |
| Others | 12.5 | 31.8 | 0.5 | 0.2 | -74.8% |
| Total | 439 | 446 | 243 | 546 | 7.5% |
Top Suppliers of Phosphates; of Potassium to Portugal in 2022:
- Spain (93.4 tons)
- France (19.1 tons)
- Belgium (8.2 tons)
- Germany (4.6 tons)
Phosphates; of Potassium Exports in Portugal
In 2022, approx. 15 tons of phosphates; of potassia were exported from Portugal; picking up by 39% compared with the year before. In general, exports, however, showed a abrupt decrease.
In value terms, phosphates; of potassium exports fell to $22K in 2022. Over the period under review, exports, however, continue to indicate a significant decrease.
| Export of Phosphates; of Potassium in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 42.7 | 25.9 | 16.4 | 16.8 | -26.7% |
| Netherlands | N/A | 5.3 | 7.2 | 2.4 | -32.7% |
| France | N/A | N/A | N/A | 2.4 | 0% |
| Others | 3.3 | 0.8 | 0.1 | 0.6 | -43.3% |
| Total | 46.0 | 32.0 | 23.7 | 22.3 | -21.4% |
Top Export Markets for Phosphates; of Potassium from Portugal in 2022:
- Angola (14.0 tons)
- France (0.8 tons)
- Netherlands (0.6 tons)
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