Phosphates; of Potassium Price in Sweden - 2023
Contents:
- Phosphates; of Potassium Price in Sweden (CIF) - 2023
- Phosphates; of Potassium Price in Sweden (FOB) - 2022
- Phosphates; of Potassium Imports in Sweden
- Phosphates; of Potassium Exports in Sweden
Phosphates; of Potassium Price in Sweden (CIF) - 2023
The average phosphates; of potassium import price stood at $5,218 per ton in August 2023, reducing by -7.1% against the previous month. Over the period under review, the import price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 58% month-to-month. As a result, import price reached the peak level of $8,139 per ton. From February 2023 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($5,965 per ton), while the price for China amounted to $1,424 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Thailand (+1.3%), while the prices for the other major suppliers experienced a decline.
Phosphates; of Potassium Price in Sweden (FOB) - 2022
In 2022, the average phosphates; of potassium export price amounted to $5,105 per ton, picking up by 53% against the previous year. In general, the export price, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 63% against the previous year. The export price peaked at $11,209 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($28,945 per ton), while the average price for exports to the UK ($3,333 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 the Netherlands (+32.4%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphates; of Potassium Imports in Sweden
Phosphates; of potassium imports into Sweden amounted to 775 tons in 2022, increasing by 8.2% on the year before. The total import volume increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 18% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, phosphates; of potassium imports surged to $3.8M in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Phosphates; of Potassium in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,554 | 1,912 | 2,094 | 3,012 | 24.7% |
| Belgium | 69.8 | 46.4 | 83.4 | 155 | 30.5% |
| Netherlands | 0.1 | 57.1 | 120 | 142 | 1024.0% |
| Thailand | N/A | N/A | N/A | 139 | 0% |
| Denmark | 1.7 | N/A | 18.8 | 107 | 297.8% |
| China | 49.2 | 61.2 | 108 | 91.7 | 23.1% |
| Israel | N/A | 27.2 | 27.7 | 62.9 | 52.1% |
| Switzerland | 84.7 | N/A | N/A | N/A | 0% |
| Others | 10.9 | 15.3 | 102 | 60.8 | 77.3% |
| Total | 1,770 | 2,119 | 2,554 | 3,770 | 28.7% |
Top Suppliers of Phosphates; of Potassium to Sweden in 2022:
- Germany (537.5 tons)
- Belgium (45.4 tons)
- Israel (44.5 tons)
- Thailand (40.0 tons)
- Denmark (37.5 tons)
- China (30.7 tons)
- Netherlands (24.5 tons)
Phosphates; of Potassium Exports in Sweden
In 2022, phosphates; of potassium exports from Sweden stood at 76 tons, remaining stable against the year before. In general, total exports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +103.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 101%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, phosphates; of potassium exports soared to $387K in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 96%.
| Export of Phosphates; of Potassium in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 92.1 | 141 | 247 | 63.8% |
| Norway | 15.9 | 6.4 | 68.7 | 57.3 | 53.3% |
| Denmark | 0.7 | 2.9 | 5.6 | 32.5 | 259.4% |
| Finland | 25.0 | 23.2 | 27.8 | 30.7 | 7.1% |
| Iceland | 3.0 | 2.9 | 5.8 | 13.2 | 63.9% |
| Japan | 359 | N/A | N/A | 5.1 | -75.8% |
| United States | 46.9 | N/A | N/A | N/A | 0% |
| Brazil | 30.0 | N/A | N/A | N/A | 0% |
| Others | 75.9 | 0.2 | 1.8 | 1.2 | -74.9% |
| Total | 556 | 128 | 250 | 387 | -11.4% |
Top Export Markets for Phosphates; of Potassium from Sweden in 2022:
- United States (undefined tons)
- Netherlands (48.9 tons)
- Norway (9.8 tons)
- Denmark (8.5 tons)
- Finland (5.6 tons)
- Iceland (2.0 tons)
- Japan (0.7 tons)
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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...
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