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

Contents:

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

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

In 2022, the average import price for fertilizers, mineral or chemical amounted to $957 per ton, surging by 51% against the previous year. Over the period under review, the import price posted strong growth. The most prominent rate of growth was recorded in 2019 an increase of 109%. The import price peaked at $1,075 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ecuador ($1,481 per ton), while the price for Spain ($304 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+35.7%), 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 Peru (FOB) - 2022

The average export price for fertilizers, mineral or chemical stood at $171 per ton in 2022, reducing by -56.1% against the previous year. In general, the export price showed a sharp slump. The pace of growth was the most pronounced in 2021 when the average export price decreased by -56.1%. Over the period under review, the average export prices reached the peak figure at $2,013 per ton in 2019; however, from 2020 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 Spain.

From 2019 to 2022, the rate of growth in terms of prices for Spain amounted to -56.0% per year.

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

For the fourth consecutive year, Peru recorded growth in purchases abroad of fertilizers, mineral or chemical, which increased by 106% to 174 tons in 2022. In general, imports enjoyed significant growth. 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 skyrocketed to $166K in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A72.20%
Germany20.152.539.056.240.9%
EcuadorN/AN/AN/A13.90%
Mexico1.83.11.311.183.4%
Belgium2.34.92.93.413.9%
Slovakia1.33.22.23.032.1%
Others7.614.58.26.4-5.6%
Total33.178.253.616671.2%

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

  1. Germany (63.6 tons)
  2. China (63.3 tons)
  3. Mexico (19.8 tons)
  4. Ecuador (9.4 tons)
  5. Slovakia (7.7 tons)
  6. Belgium (7.1 tons)

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

Exports of fertilizers, mineral or chemical from Peru shrank significantly to 8.5 tons in 2022, with a decrease of -30.1% compared with the previous year's figure. Over the period under review, exports continue to indicate a sharp decline. The smallest decline of -30.1% was in 2021.

In value terms, exports of fertilizers, mineral or chemical reduced remarkably to $1.5K in 2022. Overall, exports saw a sharp reduction. The smallest decline of -69.3% was in 2021.

Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/A4.71.5-68.1%
ChileN/A15.5N/AN/A0%
Senegal50.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total50.315.54.71.5-69.0%

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

  1. Spain (8.5 tons)

Source: IndexBox Market Intelligence Platform

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