Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Belarus - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Belarus (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Belarus (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Belarus
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Belarus
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Belarus (CIF) - 2022
In April 2021, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $566 per ton, rising by 7.1% against the previous month. Over the period from January 2021 to April 2021, it increased at an average monthly rate of +12.4%. The most prominent rate of growth was recorded in March 2021 when the average import price increased by 19% month-to-month. The import price peaked in April 2021.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From January 2021 to April 2021, the rate of growth in terms of prices for Russia amounted to +12.4% per month.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Belarus (FOB) - 2022
The average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $272 per ton in 2022, waning by -8.7% against the previous year. Over the period under review, the export price showed a pronounced setback. The growth pace was the most rapid in 2021 when the average export price increased by 14%. The export price peaked at $405 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($311 per ton), while the average price for exports to the Czech Republic ($244 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-2.6%).
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Belarus
In 2022, approx. 70K tons of fertilizers, mineral or chemical; containing nitrates and phosphateses were imported into Belarus; increasing by 12% compared with the previous year. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 23%. As a result, imports reached the peak of 78K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses expanded significantly to $23M in 2022. In general, imports, however, continue to indicate a mild reduction.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 23.6 | 25.0 | 20.6 | 22.8 | -1.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 23.6 | 25.0 | 20.6 | 22.8 | -1.1% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Belarus in 2022:
- Russia (70.1K tons)
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Belarus
In 2022, overseas shipments of fertilizers, mineral or chemical; containing nitrates and phosphateses were finally on the rise to reach 3.1K tons after two years of decline. In general, exports, however, faced a abrupt descent.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses skyrocketed to $839K in 2022. Over the period under review, exports, however, showed a abrupt descent.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | N/A | N/A | N/A | 605 | 0% |
| Czech Republic | N/A | N/A | N/A | 224 | 0% |
| Russia | 1,321 | 1.7 | 631 | 10.2 | -80.2% |
| Bulgaria | N/A | 522 | N/A | N/A | 0% |
| Others | N/A | 523 | N/A | N/A | 0% |
| Total | 1,321 | 1,047 | 631 | 839 | -14.0% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Belarus in 2022:
- Slovakia (2.1K tons)
- Czech Republic (0.9K tons)
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