Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Belgium - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Belgium (FOB) - 2023
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Belgium (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Belgium
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Belgium
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Belgium (FOB) - 2023
In November 2023, the average export price for fertilizers, mineral or chemical amounted to $451 per ton, picking up by 4.1% against the previous month. Overall, the export price, however, showed a perceptible setback. The growth pace was the most rapid in October 2023 an increase of 54% month-to-month. The export price peaked at $629 per ton in November 2022; however, from December 2022 to November 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($1,812 per ton), while the average price for exports to France ($378 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Belgium (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical amounted to $327 per ton, growing by 30% against the previous year. In general, the import price, however, showed a mild reduction. Over the period under review, average import prices hit record highs at $398 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($344 per ton), while the price for the Netherlands ($296 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-0.6%), while the prices for the other major suppliers experienced a decline.
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Belgium
In 2022, shipments abroad of fertilizers, mineral or chemical was finally on the rise to reach 132K tons after two years of decline. Overall, exports saw resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fertilizers, mineral or chemical surged to $64M in 2022. Over the period under review, exports recorded a significant expansion. 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, Other than Ammonium Sulphate in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 2.0 | 0.9 | N/A | 26.7 | 137.2% |
| France | 3.8 | 5.1 | 5.4 | 9.7 | 36.7% |
| Ireland | 2.3 | 2.2 | 1.0 | 8.3 | 53.4% |
| Germany | 0.6 | 0.4 | 1.5 | 6.6 | 122.4% |
| South Africa | N/A | 0.2 | N/A | 4.5 | 374.3% |
| Netherlands | 0.2 | 0.2 | 0.6 | 3.4 | 157.1% |
| Denmark | N/A | N/A | N/A | 2.2 | 0% |
| Spain | 3.6 | 0.9 | 1.9 | N/A | -27.4% |
| United States | N/A | 2.5 | N/A | N/A | 0% |
| Others | 2.1 | 0.8 | 5.2 | 2.5 | 6.0% |
| Total | 14.5 | 13.2 | 15.6 | 63.8 | 63.9% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Belgium in 2022:
- France (30.9K tons)
- Ireland (28.9K tons)
- United Kingdom (27.8K tons)
- Germany (17.0K tons)
- Netherlands (14.5K tons)
- South Africa (5.7K tons)
- Denmark (2.5K tons)
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Belgium
Imports of fertilizers, mineral or chemical into Belgium surged to 170K tons in 2022, with an increase of 643% on the previous year's figure. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fertilizers, mineral or chemical surged to $56M in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.3 | 8.6 | 1.8 | 43.6 | 45.0% |
| Netherlands | 3.8 | 6.2 | 2.8 | 11.8 | 45.9% |
| France | 1.4 | 0.3 | 0.8 | 0.3 | -40.2% |
| Others | 1.1 | 1.3 | 0.4 | N/A | -39.7% |
| Total | 20.6 | 16.4 | 5.7 | 55.7 | 39.3% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Belgium in 2022:
- Germany (129.5K tons)
- Netherlands (39.8K tons)
- France (1.0K tons)
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