Phosphates; of Potassium Price in Romania - 2023

Contents:

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

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

The average phosphates; of potassium import price stood at $2,952 per ton in 2022, picking up by 53% against the previous year. In general, the import price recorded a relatively flat trend pattern. The import price peaked at $3,096 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($5,502 per ton), while the price for China ($2,504 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average phosphates; of potassium export price stood at $4,889 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price posted tangible growth. The growth pace was the most rapid in 2013 an increase of 89%. The export price peaked at $6,624 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +8.9% per year.

Phosphates; of Potassium Imports in Romania

In 2022, the amount of phosphates; of potassia imported into Romania skyrocketed to 355 tons, increasing by 43% against 2021. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.4% 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 +50.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, phosphates; of potassium imports skyrocketed to $1M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Phosphates; of Potassium in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece25915424453427.3%
China86.990.252.520934.0%
Germany22.128.338.272.048.2%
IsraelN/AN/AN/A66.50%
Italy55.268.545.652.0-2.0%
Netherlands26.90.143.750.023.0%
SpainN/A1.315.135.6423.3%
Others22.321.240.329.59.8%
Total4733644791,04930.4%

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

  1. Greece (190.4 tons)
  2. China (83.6 tons)
  3. Israel (24.0 tons)
  4. Netherlands (13.9 tons)
  5. Spain (13.8 tons)
  6. Germany (13.7 tons)
  7. Italy (9.4 tons)

Phosphates; of Potassium Exports in Romania

Phosphates; of potassium exports from Romania totaled 9 kg in 2022, leveling off at 2021. Over the period under review, exports showed a sharp contraction. The smallest decline of -97.6% was in 2020.

In value terms, phosphates; of potassium exports totaled $44 in 2022. Overall, exports showed a dramatic downturn. The smallest decline of -96.3% was in 2020.

Export of Phosphates; of Potassium in Romania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2,3021.0N/A44.0-73.3%
Canada11036.0N/AN/A-67.3%
Others3.052.0N/AN/A1633.3%
Total2,41589.0N/A44.0-73.7%

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

  1. Netherlands (9.0 kg)

Source: IndexBox Market Intelligence Platform

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