Price for Fertilizers; Mineral or Chemical, Nitrogenous in Israel - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Israel (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Israel (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Israel
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Israel
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Israel (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, nitrogenoi amounted to $591 per ton, picking up by 64% against the previous year. Over the period under review, the import price recorded a temperate expansion. As a result, import price reached the peak level 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 Turkmenistan ($691 per ton), while the price for Switzerland ($443 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (+31.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Israel (FOB) - 2022
The average export price for fertilizers; mineral or chemical, nitrogenoi stood at $792 per ton in 2022, increasing by 78% against the previous year. Overall, the export price continues to indicate moderate growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 87% against the previous year. As a result, the export price reached the peak level of $833 per ton. From 2019 to 2022, the average export prices remained at a somewhat 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 Kenya ($1,180 per ton), while the average price for exports to the Netherlands ($422 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 Hungary (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Israel
In 2022, imports of fertilizers; mineral or chemical, nitrogenoi into Israel soared to 294K tons, picking up by 29% compared with the year before. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous imports surged to $174M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 27.3 | 9.6 | 44.5 | 91.0 | 49.4% |
| Egypt | 3.2 | 1.6 | 11.9 | 24.4 | 96.8% |
| Switzerland | 1.0 | 18.5 | 1.8 | 14.3 | 142.7% |
| Sweden | 5.0 | 2.9 | 6.0 | 12.3 | 35.0% |
| United States | 1.5 | 3.6 | 3.0 | 6.2 | 60.5% |
| Turkmenistan | 1.7 | 0.9 | 2.2 | 4.4 | 37.3% |
| Turkey | 0.6 | 3.4 | 1.8 | 3.8 | 85.0% |
| Spain | 0.6 | 0.5 | 1.2 | 2.5 | 60.9% |
| Germany | 1.6 | 1.1 | 0.7 | 2.2 | 11.2% |
| China | 1.2 | 1.3 | 0.5 | 2.0 | 18.6% |
| Others | 5.9 | 6.8 | 9.0 | 10.7 | 21.9% |
| Total | 49.6 | 50.1 | 82.6 | 174 | 51.9% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Israel in 2022:
- Russia (147.5K tons)
- Egypt (35.3K tons)
- Switzerland (32.3K tons)
- Sweden (20.4K tons)
- United States (9.9K tons)
- Turkey (7.7K tons)
- Turkmenistan (6.4K tons)
- Spain (5.7K tons)
- China (4.5K tons)
- Germany (4.3K tons)
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Israel
For the fourth consecutive year, Israel recorded growth in overseas shipments of fertilizers; mineral or chemical, nitrogenoi, which increased by 118% to 3.6K tons in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 312% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous exports soared to $2.8M in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 199 | 158 | 49.2 | 1,689 | 104.0% |
| Hungary | 45.0 | 13.0 | 48.9 | 682 | 147.5% |
| Kenya | 59.0 | 11.0 | 28.9 | 420 | 92.4% |
| Netherlands | 5.0 | 5.0 | 1.8 | 49.2 | 114.3% |
| Ecuador | N/A | 186 | 193 | N/A | 3.8% |
| Russia | N/A | N/A | 105 | N/A | 0% |
| Cyprus | N/A | 129 | 99.2 | N/A | -23.1% |
| Colombia | N/A | 87.0 | N/A | N/A | 0% |
| United States | N/A | N/A | 135 | N/A | 0% |
| Others | N/A | 38.0 | 70.6 | N/A | 85.8% |
| Total | 308 | 627 | 732 | 2,840 | 109.7% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Israel in 2022:
- China (2527.5 tons)
- Hungary (586.8 tons)
- Kenya (355.5 tons)
- Netherlands (116.5 tons)
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