Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iran - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iran (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iran (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iran
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iran
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iran (FOB) - 2022
The average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $393 per ton in 2022, rising by 2.1% against the previous year. Overall, the export price, however, continues to indicate a slight decline. The growth pace was the most rapid in 2015 when the average export price increased by 33%. As a result, the export price reached the peak level of $500 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($395 per ton), while the average price for exports to Afghanistan ($393 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 Afghanistan (+1.8%), while the prices for the other major destinations experienced a decline.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iran (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $979 per ton, reducing by -4.9% against the previous year. In general, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2013 an increase of 47% against the previous year. As a result, import price attained the peak level of $3,109 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($2,723 per ton), while the price for France ($236 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.8%), while the prices for the other major suppliers experienced a decline.
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iran
In 2022, overseas shipments of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by -7.3% to 8K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 17%.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses contracted to $3.1M in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 12%.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2.2 | 2.6 | 3.0 | 2.9 | 9.6% |
| Iraq | 0.3 | 0.3 | 0.3 | 0.2 | -12.6% |
| Afghanistan | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.6 | 3.0 | 3.3 | 3.1 | 6.0% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Iran in 2022:
- Turkey (7.2K tons)
- Iraq (0.6K tons)
- Afghanistan (0.1K tons)
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iran
In 2022, after two years of decline, there was significant growth in purchases abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses, when their volume increased by 20% to 170 tons. Overall, imports, however, saw a abrupt curtailment.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $166K in 2022. In general, imports, however, recorded a deep slump.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 170 | 31.4 | 73.5 | 93.3 | -18.1% |
| United Arab Emirates | 30.6 | 96.4 | 43.9 | 49.2 | 17.2% |
| China | 14.0 | 39.7 | 17.0 | 17.1 | 6.9% |
| France | 6.3 | 14.2 | 4.6 | 3.7 | -16.3% |
| Others | 0.9 | 5.3 | 6.2 | 2.8 | 46.0% |
| Total | 222 | 187 | 145 | 166 | -9.2% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Iran in 2022:
- United Arab Emirates (90.1 tons)
- Turkey (34.3 tons)
- China (28.8 tons)
- France (15.7 tons)
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