Phosphates; of Potassium Price in the Netherlands - 2023

Contents:

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

Phosphates; of Potassium Price in the Netherlands (CIF) - 2023

In August 2023, the average phosphates; of potassium import price amounted to $2,209 per ton, rising by 20% against the previous month. In general, the import price, however, saw a mild descent. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 45% against the previous month. As a result, import price reached the peak level of $3,931 per ton. From January 2023 to August 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,351 per ton), while the price for China ($1,452 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 Germany (-0.6%), while the prices for the other major suppliers experienced a decline.

Phosphates; of Potassium Price in the Netherlands (FOB) - 2023

In August 2023, the average phosphates; of potassium export price amounted to $2,233 per ton, rising by 5.7% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 29% against the previous month. As a result, the export price reached the peak level of $3,090 per ton. From January 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($5,122 per ton), while the average price for exports to Germany ($1,866 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Phosphates; of Potassium Imports in the Netherlands

In 2022, purchases abroad of phosphates; of potassia decreased by -4.5% to 16K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 13%. As a result, imports attained the peak of 17K tons, and then dropped modestly in the following year.

In value terms, phosphates; of potassium imports skyrocketed to $44M in 2022. In general, imports, however, posted 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 the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel10.49.410.921.026.4%
Belgium4.66.510.38.522.7%
Germany1.22.23.87.080.0%
China1.31.71.36.167.4%
Czech Republic1.40.50.20.8-17.0%
Others1.00.60.90.8-7.2%
Total19.820.827.444.230.7%

Top Suppliers of Phosphates; of Potassium to the Netherlands in 2022:

  1. Israel (7.9K tons)
  2. Belgium (3.4K tons)
  3. China (2.5K tons)
  4. Germany (1.7K tons)
  5. Czech Republic (0.3K tons)

Phosphates; of Potassium Exports in the Netherlands

For the fourth consecutive year, the Netherlands recorded growth in overseas shipments of phosphates; of potassia, which increased by 9.7% to 5.7K tons in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 141% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, phosphates; of potassium exports surged to $14M in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 143%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Phosphates; of Potassium in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5444511,1322,75471.7%
Belgium72.6N/A2,3022,488224.8%
FranceN/A5967271,98982.7%
Poland82.917.83151,795178.7%
Switzerland47.5N/A378999176.0%
United KingdomN/A1580.154185.0%
United States38.8N/AN/A451126.5%
Austria22718021642723.4%
DenmarkN/A51.4219417184.8%
Ireland1.635.5153262447.1%
Finland0.25.766.2194889.9%
Latvia0.53.451.2167593.8%
CanadaN/AN/A400N/A0%
Others6312,3423,3801,99946.9%
Total1,6463,8419,34114,482106.4%

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

  1. Belgium (1091.8 tons)
  2. Germany (1072.8 tons)
  3. Poland (799.8 tons)
  4. France (676.0 tons)
  5. Switzerland (314.1 tons)
  6. Austria (210.2 tons)
  7. United Kingdom (190.7 tons)
  8. Denmark (182.5 tons)
  9. United States (142.9 tons)
  10. Ireland (101.7 tons)
  11. Finland (99.6 tons)
  12. Latvia (85.8 tons)

Source: IndexBox Market Intelligence Platform

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