Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Norway - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Norway (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Norway (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Norway
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Norway
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Norway (FOB) - 2022
The average export price for fertilizers, mineral or chemical stood at $878 per ton in 2022, with an increase of 66% against the previous year. Overall, the export price recorded a measured expansion. The most prominent rate of growth was recorded in 2019 an increase of 317% against the previous year. The export price peaked at $4,253 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($1,080 per ton), while the average price for exports to Malaysia ($105 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+40.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Norway (CIF) - 2022
The average import price for fertilizers, mineral or chemical stood at $954 per ton in 2022, which is down by -69.8% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 482%. Over the period under review, average import prices hit record highs at $3,161 per ton in 2021, and then contracted rapidly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($934 per ton), while the price for Lithuania ($905 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Norway
In 2022, exports of fertilizers, mineral or chemical from Norway surged to 591 tons, jumping by 349% on the previous year's figure. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 7,064% against the previous year. As a result, the exports attained the peak of 3.3K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of fertilizers, mineral or chemical soared to $519K in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,720%. As a result, the exports reached the peak of $1.1M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 7.8 | 520 | 69.6 | 497 | 299.4% |
| Ethiopia | N/A | N/A | N/A | 19.4 | 0% |
| Malaysia | N/A | 605 | N/A | 2.8 | -93.2% |
| Others | 54.0 | N/A | N/A | N/A | 0% |
| Total | 61.8 | 1,125 | 69.6 | 519 | 103.3% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Norway in 2022:
- Mozambique (546.7 tons)
- Malaysia (26.6 tons)
- Ethiopia (18.0 tons)
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Norway
In 2022, approx. 50 tons of fertilizers, mineral or chemical were imported into Norway; growing by 144% against the previous year's figure. Over the period under review, imports, however, continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2021 when imports increased by 2,538% against the previous year.
In value terms, imports of fertilizers, mineral or chemical plummeted to $48K in 2022. Overall, imports, however, showed a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 4,642% against the previous year.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 272 | N/A | N/A | 25.2 | -54.8% |
| Lithuania | N/A | N/A | N/A | 20.3 | 0% |
| United States | N/A | N/A | 23.4 | 1.0 | -95.7% |
| Germany | 25.9 | N/A | 9.8 | N/A | -38.5% |
| Others | 8.4 | 1.4 | 32.1 | 1.6 | -42.5% |
| Total | 306 | 1.4 | 65.3 | 48.1 | -46.0% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Norway in 2022:
- Sweden (26.9 tons)
- Lithuania (22.4 tons)
- United States (1.1 tons)
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