Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Algeria - 2022

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Algeria (CIF) - 2022
  2. Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Algeria

Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Algeria (CIF) - 2022

In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $2,474 per ton, approximately equating the previous year. In general, the import price, however, posted a resilient increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 147% against the previous year. The import price peaked at $2,495 per ton in 2021, and then declined slightly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($3,331 per ton) and Spain ($3,092 per ton), while the price for Italy ($2,265 per ton) and the UK ($2,797 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Algeria

In 2022, purchases abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses was finally on the rise to reach 27 tons after two years of decline. In general, imports, however, saw a sharp setback.

In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses surged to $67K in 2022. Overall, imports, however, saw a dramatic shrinkage.

Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy12877.622.422.7-43.8%
Spain13.313.06.113.71.0%
France6.85.52.13.9-16.9%
United Kingdom6.25.12.03.9-14.3%
Others15.5N/AN/A22.713.6%
Total17010132.666.9-26.7%

Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Algeria in 2022:

  1. Italy (10.0 tons)
  2. Spain (4.4 tons)
  3. United Kingdom (1.4 tons)
  4. France (1.2 tons)

Source: IndexBox Market Intelligence Platform

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