Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Japan - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Japan (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Japan (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Japan
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Japan
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Japan (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $4,012 per ton, surging by 10% against the previous year. In general, the export price enjoyed significant growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 128%. Over the period under review, the average export prices hit record highs at $28,797 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($4,923 per ton), while the average price for exports to the Czech Republic ($3,234 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 China (+19.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Japan (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $937 per ton, surging by 84% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fertilizers, mineral or chemical; containing nitrates and phosphateses increased by +94.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the UK ($3,237 per ton), while the price for China stood at $592 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+15.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Japan
In 2022, the amount of fertilizers, mineral or chemical; containing nitrates and phosphateses exported from Japan contracted significantly to 72 tons, shrinking by -16.3% on the previous year's figure. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. As a result, the exports reached the peak of 86 tons, and then reduced markedly in the following year.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses reduced to $289K in 2022. The total export value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. As a result, the exports reached the peak of $313K, and then declined in the following year.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 152 | 145 | 209 | 116 | -8.6% |
| Argentina | 52.5 | 50.8 | 46.2 | 98.5 | 23.3% |
| China | N/A | N/A | N/A | 66.2 | 0% |
| Brazil | 40.1 | 41.2 | 44.0 | 7.8 | -42.1% |
| Others | N/A | N/A | 13.0 | N/A | 0% |
| Total | 244 | 237 | 313 | 289 | 5.8% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Japan in 2022:
- Czech Republic (36.0 tons)
- Argentina (20.0 tons)
- China (14.0 tons)
- Brazil (2.0 tons)
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Japan
In 2022, overseas purchases of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by -87.1% to 23 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, imports reached the peak of 179 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 shrank dramatically to $22K in 2022. In general, imports saw a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.4 | 76.9 | 81.0 | 11.8 | -33.7% |
| United Kingdom | N/A | 9.4 | 9.7 | 9.7 | 1.6% |
| Belgium | 33.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 73.6 | 86.3 | 90.8 | 21.6 | -33.5% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Japan in 2022:
- China (20.0 tons)
- United Kingdom (3.0 tons)
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