Phosphates; of Potassium Price in Switzerland - 2023

Contents:

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

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

In 2022, the average phosphates; of potassium import price amounted to $5,601 per ton, waning by -30.6% against the previous year. Over the period under review, the import price, however, posted measured growth. The growth pace was the most rapid in 2020 an increase of 67%. Over the period under review, average import prices reached the maximum at $8,066 per ton in 2021, and then contracted remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($25,799 per ton), while the price for Israel ($2,817 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average phosphates; of potassium export price amounted to $19,700 per ton, shrinking by -27.1% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 decreased by -29.3% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 116%. As a result, the export price reached the peak level of $27,865 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($88,805 per ton), while the average price for exports to Hungary ($3,554 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 China (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Phosphates; of Potassium Imports in Switzerland

In 2022, the amount of phosphates; of potassia imported into Switzerland skyrocketed to 657 tons, with an increase of 52% against the previous year's figure. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, phosphates; of potassium imports expanded remarkably to $3.7M in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Phosphates; of Potassium in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5491,0162,4921,47639.1%
France12520721446855.3%
Belgium21518314541324.3%
China6.21.611.2359286.9%
Israel12.610.87.8348202.3%
Italy50.898.098.626974.3%
Netherlands11910918418515.8%
United States36640078.748.9-48.9%
Others250410261113-23.3%
Total1,6952,4353,4933,67929.5%

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

  1. France (137.5 tons)
  2. Belgium (137.0 tons)
  3. Israel (123.7 tons)
  4. Italy (80.1 tons)
  5. Netherlands (57.9 tons)
  6. Germany (57.2 tons)
  7. China (52.2 tons)
  8. United States (5.7 tons)

Phosphates; of Potassium Exports in Switzerland

Phosphates; of potassium exports from Switzerland soared to 27 tons in 2022, rising by 47% against 2021. In general, exports, however, faced a abrupt shrinkage.

In value terms, phosphates; of potassium exports stood at $529K in 2022. Over the period under review, exports, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 when exports increased by 31%.

Export of Phosphates; of Potassium in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany219149178169-8.3%
United States10898.311014911.3%
United Kingdom66.640.551.256.5-5.3%
Hong Kong SAR93.317.815.233.9-28.6%
China11.012.813.526.433.9%
Hungary0.45.0N/A21.4276.8%
BelgiumN/AN/A0.318.46033.3%
France22.44.76.68.3-28.2%
Italy10.7N/AN/A0.3-69.6%
Others61.748.511945.0-10.0%
Total593376493529-3.7%

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

  1. Germany (9.0 tons)
  2. Hungary (6.0 tons)
  3. Hong Kong SAR (3.5 tons)
  4. Belgium (3.3 tons)
  5. United Kingdom (1.9 tons)
  6. United States (1.7 tons)
  7. China (0.6 tons)
  8. France (0.3 tons)
  9. Italy (0.2 tons)

Source: IndexBox Market Intelligence Platform

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