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

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Croatia (CIF) - 2022
  2. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Croatia (FOB) - 2022
  3. Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Croatia
  4. Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Croatia

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

In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $1,945 per ton, rising by 91% against the previous year. In general, the import price recorded a perceptible expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 252% against the previous year. As a result, import price attained the peak level of $2,421 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($9,795 per ton), while the price for Hungary ($499 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+58.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $480 per ton in 2022, increasing by 2.5% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 33% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($484 per ton), while the average price for exports to Italy amounted to $426 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+0.3%), while the prices for the other major destinations experienced a decline.

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

Imports of fertilizers, mineral or chemical; containing nitrates and phosphateses into Croatia rose significantly to 163 tons in 2022, picking up by 8.6% against the year before. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 389%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses soared to $316K in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 269% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8.512815.5154162.6%
France18.916.075.814999.0%
Hungary4.2N/A60.21.4-30.7%
Others7.4N/A0.911.616.2%
Total39.0144152316100.9%

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

  1. Italy (130.4 tons)
  2. France (27.6 tons)
  3. Hungary (2.8 tons)

Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Croatia

In 2022, approx. 54 tons of fertilizers, mineral or chemical; containing nitrates and phosphateses were exported from Croatia; waning by -75.4% on 2021. Over the period under review, exports showed a precipitous curtailment. The smallest decline of -35.1% was in 2021.

In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses reduced dramatically to $26K in 2022. In general, exports continue to indicate a precipitous curtailment. The smallest decline of -26.7% was in 2021.

Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SerbiaN/A13310422.5-58.9%
Italy2808.2N/A3.2-77.5%
Slovenia41.4N/AN/A0.5-77.1%
Hungary316N/AN/AN/A0%
Others2.5N/AN/AN/A0%
Total64014210426.2-65.5%

Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Croatia in 2022:

  1. Serbia (46.4 tons)
  2. Italy (7.5 tons)
  3. Slovenia (0.5 tons)

Source: IndexBox Market Intelligence Platform

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