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

Contents:

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

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

In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $785 per ton, with a decrease of -55.4% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 37% against the previous year. As a result, import price reached the peak level of $1,960 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 the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to -2.5% per year.

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

Imports of fertilizers, mineral or chemical; containing nitrates and phosphateses into Finland skyrocketed to 124 tons in 2022, picking up by 146% against 2021 figures. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 405% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses expanded remarkably to $98K in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 354%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A19.685.997.6123.1%
FranceN/AN/A3.0N/A0%
Denmark56.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total56.219.688.997.620.2%

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

  1. Netherlands (124.3 tons)

Source: IndexBox Market Intelligence Platform

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