Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Paraguay - 2024

Contents:

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

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

The average import price for fertilizers, mineral or chemical stood at $7,072 per ton in 2022, growing by 58% against the previous year. In general, the import price saw strong growth. The growth pace was the most rapid in 2021 when the average import price increased by 82% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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 Brazil ($7,657 per ton), while the price for Uruguay ($2,149 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+321.8%), 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 Paraguay (FOB) - 2022

The average export price for fertilizers, mineral or chemical stood at $14,643 per ton in 2021, remaining stable against the previous year. Over the period under review, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 140% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2018 to 2021, the rate of growth in terms of prices for Uruguay amounted to +147.9% per year.

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

In 2022, the amount of fertilizers, mineral or chemical imported into Paraguay declined sharply to 149 tons, which is down by -36.9% against the year before. Over the period under review, imports continue to indicate a precipitous slump. The growth pace was the most rapid in 2021 when imports increased by 3.3% against the previous year.

In value terms, imports of fertilizers, mineral or chemical reached $1.1M in 2022. In general, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 88%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil7553871,0441,0039.9%
United StatesN/AN/AN/A32.60%
Uruguay2.01.27.816.8103.3%
Oman200170N/AN/A-15.0%
OthersN/AN/AN/AN/A0%
Total9565591,0521,0533.3%

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

  1. Brazil (131.0 tons)
  2. United States (10.0 tons)
  3. Uruguay (7.8 tons)

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

In 2021, exports of fertilizers, mineral or chemical from Paraguay stood at 1.4 tons, approximately reflecting the year before. Overall, exports recorded a precipitous decrease. The smallest decline of 99.9% was in 2020.

In value terms, exports of fertilizers, mineral or chemical amounted to $21K in 2021. Over the period under review, exports showed a sharp setback. The smallest decline of 99.9% was in 2020.

Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Paraguay (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Brazil238N/A20.7-70.5%
Uruguay16.6N/AN/A0%
OthersN/AN/A0.10%
Total255N/A20.7-71.5%

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

  1. Brazil (1410.0 kg)

Source: IndexBox Market Intelligence Platform

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