Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Denmark - 2023

Contents:

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

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

In 2022, the average import price for fertilizers, mineral or chemical amounted to $189 per ton, shrinking by -2.4% against the previous year. Overall, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 17% against the previous year. Over the period under review, average import prices hit record highs at $342 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Portugal ($263 per ton) and Poland ($188 per ton), while the price for Germany ($181 per ton) and Spain ($184 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (-2.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for fertilizers, mineral or chemical amounted to $267 per ton, rising by 28% against the previous year. In general, the export price, however, recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 42% against the previous year. The export price peaked at $416 per ton in 2014; however, from 2015 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 Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +4.2% per year.

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

In 2022, approx. 78K tons of fertilizers, mineral or chemical were imported into Denmark; with an increase of 130% on the previous year. Over the period under review, imports recorded resilient growth.

In value terms, imports of fertilizers, mineral or chemical surged to $15M in 2022. In general, imports recorded a temperate increase.

Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.91.71.66.248.3%
Germany2.95.02.34.314.0%
Poland3.94.52.02.6-12.6%
PortugalN/A0.8N/A1.536.9%
Spain2.18.40.70.1-63.8%
Belgium1.0N/AN/AN/A0%
Finland1.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total13.520.46.614.83.1%

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

  1. Netherlands (33.7K tons)
  2. Germany (24.0K tons)
  3. Poland (13.9K tons)
  4. Portugal (5.8K tons)
  5. Spain (0.6K tons)

Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Denmark

In 2022, overseas shipments of fertilizers, mineral or chemical decreased by -97.3% to 622 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a sharp slump. The pace of growth appeared the most rapid in 2020 with an increase of 11% against the previous year. As a result, the exports reached the peak of 26K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fertilizers, mineral or chemical dropped remarkably to $166K in 2022. In general, exports showed a sharp contraction. The smallest decline of -6.9% was in 2020.

Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden6.56.04.70.2-68.7%
OthersN/AN/AN/AN/A0%
Total6.56.04.80.2-68.7%

Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Denmark in 2022:

  1. Sweden (621.5 tons)

Source: IndexBox Market Intelligence Platform

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