Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Serbia - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Serbia (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Serbia (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Serbia
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Serbia
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Serbia (CIF) - 2022
The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $687 per ton in 2022, increasing by 31% against the previous year. Over the period under review, the import price showed a measured increase. The growth pace was the most rapid in 2021 when the average import price increased by 54%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($906 per ton), while the price for Russia totaled $683 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Serbia (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $384 per ton, declining by -2.1% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 24% against the previous year. The export price peaked at $475 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($636 per ton), while the average price for exports to Bulgaria ($175 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 Bosnia and Herzegovina (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Serbia
In 2022, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses into Serbia surged to 5.6K tons, picking up by 3,428% on 2021 figures. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses skyrocketed to $3.9M in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 179 | 621 | 67.5 | 3,754 | 175.8% |
| Italy | 2.7 | 12.3 | 0.9 | 98.5 | 231.7% |
| Austria | 13.2 | 34.2 | 5.3 | N/A | -36.6% |
| Others | 26.0 | 90.9 | 9.3 | 0.3 | -77.4% |
| Total | 221 | 758 | 83.1 | 3,853 | 159.3% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Serbia in 2022:
- Russia (5.5K tons)
- Italy (0.1K tons)
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Serbia
In 2022, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses from Serbia stood at 28 tons, picking up by 9.2% against the year before. Overall, exports, however, faced a abrupt setback.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses reached $11K in 2022. In general, exports, however, showed a noticeable decrease.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Serbia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Ukraine | N/A | N/A | 5,579 | 0% | |
| Romania | 470 | 1,015 | 427 | -4.7% | |
| Bulgaria | 244 | 475 | 179 | -14.3% | |
| North Macedonia | 30.0 | 89.0 | 33.0 | 4.9% | |
| Others | 10,646 | 8,435 | 4,485 | -35.1% | |
| Total | 11,390 | 10,014 | 10,703 | -3.1% | |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Serbia in 2022:
- Ukraine (15.3 tons)
- Romania (1.3 tons)
- Bulgaria (1.0 tons)
- North Macedonia (0.1 tons)
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