Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Russia - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Russia (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Russia (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Russia
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Russia
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Russia (FOB) - 2022
The average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $523 per ton in 2022, surging by 44% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fertilizers, mineral or chemical; containing nitrates and phosphateses increased by +91.4% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($719 per ton), while the average price for exports to Bulgaria ($238 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 Guatemala (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Russia (CIF) - 2022
The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $4,457 per ton in 2022, growing by 19% against the previous year. Over the period under review, the import price recorded a significant expansion. The most prominent rate of growth was recorded in 2017 an increase of 155% against the previous year. The import price peaked at $5,668 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($12,077 per ton), while the price for Germany totaled $4,453 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+154.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Russia
In 2022, the amount of fertilizers, mineral or chemical; containing nitrates and phosphateses exported from Russia shrank dramatically to 425K tons, with a decrease of -25.6% compared with 2021. Over the period under review, exports faced a deep setback. The smallest decline of -2.8% was in 2020.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses rose remarkably to $222M in 2022. The total export value increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 24%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 38.0 | 43.0 | 56.9 | 57.4 | 14.7% |
| Romania | 0.5 | 2.5 | N/A | 32.5 | 302.1% |
| Guatemala | 6.5 | N/A | N/A | 22.5 | 51.3% |
| Bulgaria | N/A | 0.5 | 4.5 | 9.3 | 331.3% |
| Mexico | 46.7 | 51.3 | 72.9 | 6.8 | -47.4% |
| Latvia | 6.6 | 3.5 | 7.0 | 6.3 | -1.5% |
| Turkey | N/A | N/A | 4.9 | 6.0 | 22.4% |
| Lithuania | 5.1 | 5.0 | 5.8 | 5.0 | -0.7% |
| Germany | 1.4 | N/A | 1.7 | 4.9 | 51.8% |
| Denmark | N/A | 4.2 | 7.9 | 4.1 | -1.2% |
| Serbia | N/A | N/A | N/A | 3.8 | 0% |
| Belarus | 23.6 | 25.0 | N/A | N/A | 5.9% |
| Brazil | 18.9 | N/A | 3.4 | N/A | -57.6% |
| Others | 31.3 | 31.3 | 41.9 | 63.9 | 26.9% |
| Total | 178 | 166 | 207 | 222 | 7.6% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Russia in 2022:
- Peru (109.9K tons)
- Romania (53.7K tons)
- Bulgaria (39.1K tons)
- Guatemala (31.3K tons)
- Mexico (13.5K tons)
- Latvia (12.3K tons)
- Turkey (11.9K tons)
- Germany (11.6K tons)
- Denmark (9.6K tons)
- Lithuania (9.1K tons)
- Serbia (5.5K tons)
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Russia
In 2022, overseas purchases of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by -64.9% to 43 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a significant decline. The most prominent rate of growth was recorded in 2020 when imports increased by 53% against the previous year. As a result, imports attained the peak of 248 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 declined sharply to $192K in 2022. Over the period under review, imports saw a significant decrease. The pace of growth was the most pronounced in 2020 when imports increased by 37% against the previous year. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 311 | 525 | 225 | 96.0 | -32.4% |
| Lithuania | 75.3 | N/A | N/A | N/A | 0% |
| Others | 388 | 533 | 233 | 96.3 | -37.2% |
| Total | 774 | 1,058 | 458 | 192 | -37.2% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Russia in 2022:
- Germany (21.6 tons)
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