Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Angola - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Angola (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Angola (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Angola
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Angola
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Angola (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical amounted to $947 per ton, waning by -8.8% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 59%. The import price peaked at $1,315 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 Portugal ($3,057 per ton), while the price for South Africa ($672 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Angola (FOB) - 2022
The average export price for fertilizers, mineral or chemical stood at $467 per ton in 2022, with a decrease of -7.6% against the previous year. Over the period under review, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 52%. Over the period under review, the average export prices hit record highs at $3,090 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -17.2% per year.
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Angola
In 2022, imports of fertilizers, mineral or chemical into Angola contracted significantly to 1.7K tons, reducing by -41.3% against 2021. Overall, imports saw a sharp setback. The smallest decline of -30% was in 2020.
In value terms, imports of fertilizers, mineral or chemical fell significantly to $1.6M in 2022. In general, imports continue to indicate a dramatic downturn. The smallest decline of -8.4% was in 2020.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.6 | 2.5 | 2.9 | 0.9 | 14.5% |
| Russia | 2.5 | N/A | N/A | 0.7 | -34.6% |
| Portugal | 0.3 | 0.2 | 0.1 | N/A | -42.3% |
| Others | 0.2 | 0.6 | N/A | N/A | 200.0% |
| Total | 3.6 | 3.3 | 3.0 | 1.6 | -23.7% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Angola in 2022:
- Russia (896.0 tons)
- China (795.4 tons)
- Portugal (3.2 tons)
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Angola
In 2022, overseas shipments of fertilizers, mineral or chemical decreased by -77.7% to 1.1 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2020 when exports increased by 46% against the previous year. As a result, the exports attained the peak of 5.7 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of fertilizers, mineral or chemical contracted rapidly to $496 in 2022. Overall, exports faced a precipitous shrinkage. The smallest decline of -16.7% was in 2020.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 5.1 | 4.3 | 2.4 | 0.5 | -53.9% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 5.2 | 4.3 | 2.4 | 0.5 | -54.2% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Angola in 2022:
- Democratic Republic of the Congo (1.1 tons)
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