Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Estonia - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Estonia (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Estonia (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Estonia
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Estonia
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Estonia (CIF) - 2022
The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $480 per ton in December 2021, almost unchanged from the previous month. Overall, the import price recorded resilient growth. The pace of growth was the most pronounced in May 2021 an increase of 433% month-to-month. As a result, import price attained the peak level of $1,215 per ton. From June 2021 to December 2021, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From February 2021 to December 2021, the rate of growth in terms of prices for Russia amounted to +5.9% per month.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Estonia (FOB) - 2022
The average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $503 per ton in 2021, leveling off at the previous year. In general, the export price continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 16% against the previous year. The export price peaked in 2021 and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Finland.
From 2012 to 2021, the rate of growth in terms of prices for Finland amounted to +23.2% per year.
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Estonia
In 2022, the amount of fertilizers, mineral or chemical; containing nitrates and phosphateses imported into Estonia declined notably to 512 tons, waning by -94.7% compared with the previous year's figure. In general, imports recorded a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 150% against the previous year. As a result, imports reached the peak of 9.6K tons, and then contracted markedly in the following year.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses shrank rapidly to $331K in 2022. Over the period under review, imports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 338%. As a result, imports reached the peak of $3.4M, and then declined notably in the following year.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.1 | 0.3 | 3.4 | 0.3 | -35.2% |
| Latvia | N/A | 0.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.1 | 0.8 | 3.4 | 0.3 | -35.2% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Estonia in 2022:
- Russia (512.0 tons)
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Estonia
In 2021, the amount of fertilizers, mineral or chemical; containing nitrates and phosphateses exported from Estonia totaled 95 tons, standing approx. at the previous year's figure. Over the period under review, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $48K in 2021. Overall, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see steady growth in the near future.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Finland | 6.6 | N/A | 47.8 | 169.1% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 6.6 | N/A | 47.8 | 169.1% | |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Estonia in 2022:
- Finland (95.0 tons)
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