Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Belarus - 2022

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Belarus (CIF) - 2022
  2. Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Belarus

Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Belarus (CIF) - 2022

The average import price for fertilizers, mineral or chemical stood at $918 per ton in 2022, falling by -48.2% against the previous year. Overall, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2019 an increase of 52%. The import price peaked at $5,714 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,000 per ton), while the price for Russia totaled $905 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-6.8%).

Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Belarus

In 2022, approx. 245 kg of fertilizers, mineral or chemical were imported into Belarus; rising by 153% compared with the year before. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 197%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of fertilizers, mineral or chemical soared to $225 in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Belarus (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia83.024.017021938.2%
Netherlands8.01.02.06.0-9.1%
PolandN/A105N/AN/A0%
Others9.0N/AN/AN/A0%
Total10013017222531.0%

Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Belarus in 2022:

  1. Russia (242.0 kg)
  2. Netherlands (3.0 kg)

Source: IndexBox Market Intelligence Platform

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