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

Contents:

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

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

The average export price for fertilizers, mineral or chemical stood at $349 per ton in 2022, with an increase of 5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 56%. The export price peaked at $374 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Denmark ($363 per ton) and Ireland ($361 per ton), while the average price for exports to the UK ($325 per ton) and France ($349 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for fertilizers, mineral or chemical amounted to $1,135 per ton, jumping by 43% against the previous year. In general, the import price showed a buoyant increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 148%. Over the period under review, average import prices attained the maximum at $1,836 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 France ($12,333 per ton), while the price for Belgium ($356 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1,229.8%), 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 Spain

In 2022, the amount of fertilizers, mineral or chemical exported from Spain surged to 311K tons, jumping by 159% compared with 2021 figures. In general, exports saw significant 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 skyrocketed to $109M in 2022. Overall, exports enjoyed 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 Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France12.59.919.939.546.7%
United Kingdom9.35.75.137.759.4%
Denmark4.58.76.221.067.1%
Ireland4.73.95.47.818.4%
Others0.64.23.42.663.0%
Total31.632.439.910951.1%

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

  1. United Kingdom (116.1K tons)
  2. France (113.1K tons)
  3. Denmark (57.8K tons)
  4. Ireland (21.5K tons)

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

In 2022, the amount of fertilizers, mineral or chemical imported into Spain shrank significantly to 3.1K tons, which is down by -60.6% on the year before. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 112% against the previous year. As a result, imports attained the peak of 7.9K tons, and then declined sharply in the following year.

In value terms, imports of fertilizers, mineral or chemical declined remarkably to $3.5M in 2022. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 1.9% against the previous year. As a result, imports attained the peak of $6.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.62.84.02.3-4.0%
France0.30.60.71.258.7%
Belgium2.80.90.6N/A-53.7%
GreeceN/AN/A0.8N/A0%
Germany0.62.2N/AN/A266.7%
Others0.40.40.2N/A-29.3%
Total6.76.86.33.5-19.5%

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

  1. Netherlands (2982.8 tons)
  2. France (95.9 tons)
  3. Belgium (0.9 tons)

Source: IndexBox Market Intelligence Platform

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