Phosphates; of Potassium Price in Uzbekistan - 2023
Contents:
- Phosphates; of Potassium Price in Uzbekistan (CIF) - 2022
- Phosphates; of Potassium Imports in Uzbekistan
Phosphates; of Potassium Price in Uzbekistan (CIF) - 2022
In 2022, the average phosphates; of potassium import price amounted to $2,334 per ton, rising by 44% against the previous year. Overall, import price indicated a slight increase from 2017 to 2022: its price increased at an average annual rate of +1.7% over the last five years. 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 +55.0% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Turkey ($3,118 per ton), while the price for South Korea ($900 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+75.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphates; of Potassium Imports in Uzbekistan
For the fourth consecutive year, Uzbekistan recorded growth in overseas purchases of phosphates; of potassia, which increased by 59% to 678 tons in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 71% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, phosphates; of potassium imports skyrocketed to $1.6M in 2022. Overall, imports posted 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 Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 64.9 | 77.2 | 86.3 | 665 | 117.2% |
| China | 45.0 | 124 | 129 | 413 | 109.4% |
| Russia | 114 | 265 | 202 | 261 | 31.8% |
| Turkey | 49.1 | 56.8 | 50.9 | 71.3 | 13.2% |
| Latvia | N/A | N/A | 39.5 | 70.8 | 79.2% |
| Lithuania | 70.6 | 71.1 | 68.3 | 66.2 | -2.1% |
| South Korea | 36.6 | 18.3 | 61.5 | 11.6 | -31.8% |
| Others | 25.8 | 25.8 | 52.5 | 24.1 | -2.2% |
| Total | 406 | 638 | 690 | 1,583 | 57.4% |
Top Suppliers of Phosphates; of Potassium to Uzbekistan in 2022:
- Israel (226.9 tons)
- Russia (170.9 tons)
- China (169.1 tons)
- Lithuania (43.6 tons)
- Latvia (25.0 tons)
- Turkey (22.9 tons)
- South Korea (12.9 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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