Phosphorus Price in Portugal - 2023
Contents:
- Phosphorus Price in Portugal (CIF) - 2022
- Phosphorus Price in Portugal (FOB) - 2022
- Phosphorus Imports in Portugal
- Phosphorus Exports in Portugal
Phosphorus Price in Portugal (CIF) - 2022
The average phosphorus import price stood at $10,656 per ton in 2022, increasing by 5.4% against the previous year. Over the period under review, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 36%. The import price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +2.1% per year.
Phosphorus Price in Portugal (FOB) - 2022
The average phosphorus export price stood at $2,724 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 75%. As a result, the export price reached the peak level of $9,893 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -14.8% per year.
Phosphorus Imports in Portugal
In 2022, the amount of phosphori imported into Portugal reduced dramatically to 623 kg, declining by -42.9% against 2021 figures. Overall, imports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 327%.
In value terms, phosphorus imports contracted rapidly to $6.6K in 2022. Over the period under review, imports recorded a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 396%.
| Import of Phosphorus in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 32.9 | 1.8 | N/A | 4.5 | -48.5% |
| China | 0.1 | 0.5 | 7.3 | N/A | 754.4% |
| Italy | N/A | N/A | 3.7 | N/A | 0% |
| Others | 0.1 | N/A | N/A | 2.1 | 175.9% |
| Total | 33.1 | 2.2 | 11.0 | 6.6 | -41.6% |
Top Suppliers of Phosphorus to Portugal in 2022:
- Spain (621.0 kg)
Phosphorus Exports in Portugal
Phosphorus exports from Portugal dropped remarkably to 29 kg in 2022, which is down by -46.3% compared with 2021 figures. Over the period under review, exports faced a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 1,250%.
In value terms, phosphorus exports declined remarkably to $79 in 2022. Overall, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 1,117% against the previous year.
| Export of Phosphorus in Portugal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 79.0 | 0% |
| Angola | 370 | N/A | 143 | N/A | -37.8% |
| Switzerland | N/A | 12.0 | N/A | N/A | 0% |
| Others | 23.0 | N/A | 3.0 | N/A | -63.9% |
| Total | 393 | 12.0 | 146 | 79.0 | -41.4% |
Top Export Markets for Phosphorus from Portugal in 2022:
- Netherlands (29.0 kg)
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