Phosphorus Price in Estonia - 2023
Contents:
Phosphorus Price in Estonia (CIF) - 2022
The average phosphorus import price stood at $13,807 per ton in 2022, picking up by 15% against the previous year. In general, the import price saw a pronounced increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 56%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +3.2% per year.
Phosphorus Imports in Estonia
In 2022, approx. 6 tons of phosphori were imported into Estonia; stabilizing at the previous year. Overall, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 119,900% against the previous year.
In value terms, phosphorus imports skyrocketed to $83K in 2022. Over the period under review, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 163,439%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Phosphorus in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 7.4 | N/A | 72.0 | 82.8 | 123.7% |
| Russia | 10.8 | N/A | N/A | N/A | 0% |
| China | 45.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 63.6 | N/A | 72.0 | 82.8 | 9.2% |
Top Suppliers of Phosphorus to Estonia in 2022:
- Italy (6.0 tons)
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