Price for Fertilizers; Mineral or Chemical, Nitrogenous in Ireland - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Ireland (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Ireland (FOB) - 2023
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Ireland
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Ireland
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Ireland (CIF) - 2022
The average import price for fertilizers; mineral or chemical, nitrogenoi stood at $387 per ton in 2022, growing by 11% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 61%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($521 per ton), while the price for Turkey ($269 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Ireland (FOB) - 2023
In June 2023, the average export price for fertilizers; mineral or chemical, nitrogenoi amounted to $530 per ton, declining by -12.9% against the previous month. Over the period under review, the export price saw a abrupt slump. The pace of growth appeared the most rapid in July 2022 when the average export price increased by 28% month-to-month. As a result, the export price reached the peak level of $1,342 per ton. From August 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the UK.
From June 2022 to June 2023, the rate of growth in terms of prices for the UK amounted to -5.5% per month.
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Ireland
In 2022, the amount of fertilizers; mineral or chemical, nitrogenoi imported into Ireland soared to 2M tons, growing by 123% on the previous year's figure. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous imports surged to $784M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Fertilizers; Mineral or Chemical, Nitrogenous in Ireland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Algeria | 9.2 | 8.9 | 16.0 | 124 | 138.0% |
Belgium | 56.9 | 57.2 | 65.8 | 123 | 29.3% |
Egypt | 8.7 | 13.5 | 19.9 | 94.6 | 121.5% |
United Kingdom | 17.9 | 19.7 | 37.7 | 69.6 | 57.2% |
Spain | 26.2 | 24.1 | 36.2 | 66.6 | 36.5% |
Lithuania | 7.3 | 4.2 | 13.1 | 60.7 | 102.6% |
Russia | 25.0 | 19.2 | 35.6 | 55.1 | 30.1% |
France | 10.9 | 11.6 | 6.3 | 51.6 | 67.9% |
Turkey | 7.3 | 12.2 | 15.3 | 37.9 | 73.2% |
Netherlands | 14.1 | 12.4 | 24.5 | 21.9 | 15.8% |
Germany | 10.5 | 10.5 | 29.3 | 20.3 | 24.6% |
Greece | 13.1 | 5.5 | 1.0 | 18.8 | 12.8% |
Others | 9.7 | 8.7 | 17.0 | 40.6 | 61.2% |
Total | 217 | 208 | 318 | 784 | 53.4% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Ireland in 2022:
- Belgium (403.7K tons)
- Algeria (241.6K tons)
- Spain (185.3K tons)
- Egypt (181.7K tons)
- United Kingdom (178.3K tons)
- Lithuania (156.4K tons)
- France (151.7K tons)
- Turkey (140.8K tons)
- Russia (126.9K tons)
- Greece (70.1K tons)
- Germany (62.9K tons)
- Netherlands (46.9K tons)
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Ireland
In 2022, overseas shipments of fertilizers; mineral or chemical, nitrogenoi were finally on the rise to reach 12K tons after two years of decline. Overall, exports, however, showed a abrupt downturn.
In value terms, fertilizers; mineral or chemical, nitrogenous exports surged to $11M in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Fertilizers; Mineral or Chemical, Nitrogenous in Ireland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 6.1 | 4.1 | 4.9 | 11.1 | 22.1% |
Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Total | 6.2 | 4.2 | 5.0 | 11.3 | 22.2% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Ireland in 2022:
- United Kingdom (11.8K tons)
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