Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Algeria - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Algeria (CIF) - 2022
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Algeria
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Algeria (CIF) - 2022
The average import price for fertilizers, mineral or chemical stood at $607 per ton in 2022, standing approx. at the previous year. In general, the import price, however, saw a abrupt downturn. The growth pace was the most rapid in 2019 when the average import price increased by 60% against the previous year. Over the period under review, average import prices hit record highs at $3,869 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($719 per ton), while the price for Spain totaled $430 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-15.7%).
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Algeria
Imports of fertilizers, mineral or chemical into Algeria amounted to 432 tons in 2022, leveling off at 2021. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 6.9%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of fertilizers, mineral or chemical totaled $262K in 2022. Overall, imports, however, saw a abrupt contraction.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 447 | 339 | 178 | 183 | -25.7% |
| Spain | 2.3 | 17.1 | 81.1 | 76.0 | 220.9% |
| Others | 14.2 | 6.6 | 1.4 | 2.9 | -41.1% |
| Total | 464 | 362 | 261 | 262 | -17.3% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Algeria in 2022:
- Saudi Arabia (254.7 tons)
- Spain (176.6 tons)
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