Phosphates; of Potassium Price in the UK - 2023
Contents:
- Phosphates; of Potassium Price in the UK (CIF) - 2022
- Phosphates; of Potassium Price in the UK (FOB) - 2022
- Phosphates; of Potassium Imports in the UK
- Phosphates; of Potassium Exports in the UK
Phosphates; of Potassium Price in the UK (CIF) - 2022
In 2022, the average phosphates; of potassium import price amounted to $2,651 per ton, increasing by 48% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 import price increased by +54.7% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,544 per ton), while the price for China ($1,238 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphates; of Potassium Price in the UK (FOB) - 2022
The average phosphates; of potassium export price stood at $3,561 per ton in 2022, jumping by 51% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 55%. The export price peaked at $4,234 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($4,010 per ton), while the average price for exports to Ireland ($1,828 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 Italy (+0.5%), while the prices for the other major destinations experienced a decline.
Phosphates; of Potassium Imports in the UK
After three years of growth, purchases abroad of phosphates; of potassia decreased by -18.9% to 3.7K tons in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. As a result, imports attained the peak of 4.5K tons, and then fell dramatically in the following year.
In value terms, phosphates; of potassium imports soared to $9.7M in 2022. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 55%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Phosphates; of Potassium in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1.7 | 2.4 | 4.4 | 4.0 | 33.0% |
| France | 0.9 | 0.9 | 1.5 | 2.8 | 46.0% |
| China | 0.6 | 0.6 | 0.4 | 1.0 | 18.6% |
| Germany | 1.4 | 0.7 | 1.2 | 0.6 | -24.6% |
| Israel | N/A | 0.1 | N/A | 0.3 | 73.2% |
| Others | 0.5 | 0.5 | 0.7 | 1.0 | 26.0% |
| Total | 5.1 | 5.2 | 8.1 | 9.7 | 23.9% |
Top Suppliers of Phosphates; of Potassium to the UK in 2022:
- Belgium (1724.3 tons)
- China (821.3 tons)
- France (737.5 tons)
- Germany (141.8 tons)
- Israel (91.3 tons)
Phosphates; of Potassium Exports in the UK
For the fourth consecutive year, the UK recorded growth in overseas shipments of phosphates; of potassia, which increased by 56% to 665 tons in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, phosphates; of potassium exports skyrocketed to $2.4M in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Phosphates; of Potassium in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 20.7 | 17.4 | 1.4 | 1,728 | 337.0% |
| United States | 10.3 | 15.1 | 52.2 | 245 | 187.6% |
| Ireland | 483 | 801 | 632 | 209 | -24.4% |
| Others | 411 | 767 | 318 | 186 | -23.2% |
| Total | 925 | 1,601 | 1,003 | 2,367 | 36.8% |
Top Export Markets for Phosphates; of Potassium from the UK in 2022:
- France (431.0 tons)
- Ireland (114.1 tons)
- United States (81.5 tons)
57
This report provides an in-depth analysis of the market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) in the UK.
401
This report provides an in-depth analysis of the dicalcium phosphate market in the UK.
362
This report provides an in-depth analysis of the sodium phosphates market in the UK.
296
This report provides an in-depth analysis of the phosphinates and phosphonates market in the UK.
314
This report provides an in-depth analysis of the sodium triphosphate market in the UK.
111
This report provides an in-depth analysis of the global market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate).
1286
This report provides an in-depth analysis of the global dicalcium phosphate market.
587
This report provides an in-depth analysis of the global sodium phosphates market.
564
This report provides an in-depth analysis of the global phosphinates and phosphonates market.
547
This report provides an in-depth analysis of the global sodium triphosphate market.
458
In November of 2022, the cost of dicalcium phosphate (CIF, United Kingdom) decreased to $1,073/ton, a 33.8% decrease from the previous month.
836
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...
1267
In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
458
In November of 2022, the cost of dicalcium phosphate (CIF, United Kingdom) decreased to $1,073/ton, a 33.8% decrease from the previous month.
836
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...
1267
In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
