Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Argentina - 2023

Contents:

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

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

The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $980 per ton in 2022, jumping by 62% against the previous year. Overall, the import price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 282% against the previous year. As a result, import price reached the peak level of $5,084 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Belgium amounted to -3.3% per year.

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

In 2022, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses into Argentina declined markedly to 7.2K tons, shrinking by -62.5% on the previous year's figure. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 190,517% against the previous year. As a result, imports reached the peak of 19K tons, and then contracted rapidly in the following year.

In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses dropped remarkably to $7M in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 22,615% against the previous year. As a result, imports attained the peak of $12M, and then shrank markedly in the following year.

Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1.2N/A5.77.080.0%
Others1.30.15.8N/A111.2%
Total2.50.111.57.040.9%

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

  1. Belgium (7.2K tons)

Source: IndexBox Market Intelligence Platform

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