Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in South Africa - 2024
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in South Africa (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in South Africa (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in South Africa
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in South Africa
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in South Africa (CIF) - 2022
The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $1,399 per ton in 2022, shrinking by -14.1% against the previous year. In general, the import price, however, recorded a tangible expansion. The most prominent rate of growth was recorded in 2020 an increase of 113% against the previous year. The import price peaked at $2,048 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($2,995 per ton), while the price for Swaziland ($483 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in South Africa (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $771 per ton, jumping by 63% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. 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 Mozambique ($1,173 per ton), while the average price for exports to Zimbabwe ($299 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 Botswana (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in South Africa
Imports of fertilizers, mineral or chemical; containing nitrates and phosphateses into South Africa skyrocketed to 187 tons in 2022, picking up by 394% compared with the year before. Over the period under review, imports, however, showed a dramatic shrinkage.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses skyrocketed to $261K in 2022. In general, imports saw a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 545%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.2 | N/A | N/A | 128 | 113.2% |
| United Kingdom | N/A | N/A | 57.9 | 103 | 77.9% |
| Swaziland | N/A | N/A | N/A | 16.4 | 0% |
| France | 96.6 | 9.5 | 3.6 | 10.1 | -52.9% |
| Egypt | 66.2 | N/A | N/A | N/A | 0% |
| Others | 23.6 | N/A | N/A | 3.2 | -48.6% |
| Total | 200 | 9.6 | 61.6 | 261 | 9.3% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to South Africa in 2022:
- China (103.8 tons)
- United Kingdom (45.7 tons)
- Swaziland (34.0 tons)
- France (3.4 tons)
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in South Africa
In 2022, shipments abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by -18.9% to 297 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a sharp decrease. The growth pace was the most rapid in 2020 when exports increased by 79%. As a result, the exports reached the peak of 1.1K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses skyrocketed to $229K in 2022. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 104%. As a result, the exports reached the peak of $752K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 2.4 | N/A | N/A | 86.7 | 230.6% |
| Swaziland | 19.7 | 166 | 44.6 | 72.2 | 54.2% |
| Mozambique | 97.4 | 8.3 | 36.8 | 36.1 | -28.2% |
| Botswana | 25.5 | 15.7 | 7.9 | 27.5 | 2.5% |
| Zimbabwe | 121 | N/A | 61.5 | 3.8 | -68.4% |
| Namibia | 72.0 | 78.7 | 22.8 | 1.8 | -70.8% |
| Democratic Republic of the Congo | 5.7 | 483 | N/A | N/A | 8373.7% |
| Others | 26.0 | 0.3 | N/A | 1.0 | -66.2% |
| Total | 369 | 752 | 174 | 229 | -14.7% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from South Africa in 2022:
- Zambia (131.0 tons)
- Swaziland (82.5 tons)
- Botswana (34.4 tons)
- Mozambique (30.8 tons)
- Zimbabwe (12.8 tons)
- Namibia (4.8 tons)
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