Phosphorus Price in Spain - 2023

Phosphorus Price in Spain (CIF) - 2022

In 2022, the average phosphorus import price amounted to $10,055 per ton, jumping by 18% against the previous year. Overall, the import price posted a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of 143%. Over the period under review, average import prices reached the maximum at $17,178 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 Portugal ($20,095 per ton), while the price for Italy amounted to $9,703 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+41.4%), while the prices for the other major suppliers experienced a decline.

Phosphorus Price in Spain (FOB) - 2022

In 2022, the average phosphorus export price amounted to $25,024 per ton, rising by 37% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by 144% against the previous year. Over the period under review, the average export prices hit record highs at $102,524 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to -2.8% per year.

Phosphorus Imports in Spain

Phosphorus imports into Spain skyrocketed to 67 tons in 2022, rising by 170% on 2021 figures. In general, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,351%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, phosphorus imports soared to $673K in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,297% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Phosphorus in Spain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	25.1	354	135	648	195.6%
Poland	N/A	N/A	72.0	N/A	0%
Others	0.3	1.4	4.8	24.7	335.0%
Total	25.4	355	211	673	198.1%

Top Suppliers of Phosphorus to Spain in 2022:

Italy (66.8 tons)

Phosphorus Exports in Spain

After two years of growth, overseas shipments of phosphori decreased by -39.7% to 4.2 tons in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 352,450% against the previous year. As a result, the exports attained the peak of 7.1 tons, and then shrank dramatically in the following year.

In value terms, phosphorus exports reduced notably to $106K in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 858,473% against the previous year. As a result, the exports attained the peak of $129K, and then reduced notably in the following year.