Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United Arab Emirates - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United Arab Emirates (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United Arab Emirates (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United Arab Emirates
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United Arab Emirates
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical amounted to $722 per ton, growing by 62% against the previous year. Overall, the export price showed a modest increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Senegal ($940 per ton), while the average price for exports to Zambia ($258 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 Myanmar (+24.5%), while the prices for the other major destinations experienced a decline.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United Arab Emirates (CIF) - 2022
The average import price for fertilizers, mineral or chemical stood at $425 per ton in 2022, falling by -2.5% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs at $455 per ton in 2012; however, from 2013 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 Jordan ($2,473 per ton), while the price for Saudi Arabia ($220 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+6.6%), 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 the United Arab Emirates
After three years of growth, overseas shipments of fertilizers, mineral or chemical decreased by -8.3% to 47K tons in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 105% against the previous year. As a result, the exports reached the peak of 51K tons, and then declined in the following year.
In value terms, exports of fertilizers, mineral or chemical soared to $34M in 2022. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 205% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 4.9 | 4.9 | 17.2 | 27.4 | 77.5% |
| Mozambique | 0.2 | 1.0 | 4.0 | 3.6 | 162.1% |
| Senegal | N/A | N/A | N/A | 1.1 | 0% |
| Malawi | 1.0 | 0.9 | 0.8 | 0.6 | -15.7% |
| Malaysia | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Others | 0.3 | 0.2 | 0.2 | 0.5 | 18.6% |
| Total | 6.7 | 7.4 | 22.6 | 33.6 | 71.2% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from the United Arab Emirates in 2022:
- Myanmar (35.2K tons)
- Mozambique (6.3K tons)
- Malawi (1.9K tons)
- Malaysia (1.2K tons)
- Senegal (1.2K tons)
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United Arab Emirates
In 2022, overseas purchases of fertilizers, mineral or chemical decreased by -25.2% to 54 tons, falling for the second year in a row after two years of growth. In general, imports showed a deep slump. The growth pace was the most rapid in 2020 when imports increased by 72%. As a result, imports attained the peak of 119 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fertilizers, mineral or chemical declined sharply to $23K in 2022. Overall, imports, however, recorded a temperate expansion. The most prominent rate of growth was recorded in 2020 with an increase of 95%. As a result, imports reached the peak of $40K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.7 | 4.6 | 10.0 | 11.4 | 88.6% |
| Saudi Arabia | 2.1 | 4.1 | 6.3 | 4.1 | 25.0% |
| Jordan | 7.3 | 10.2 | 11.4 | 3.4 | -22.5% |
| India | 1.5 | 1.9 | 1.0 | 2.4 | 17.0% |
| Benin | N/A | 15.1 | N/A | N/A | 0% |
| Iran | 1.6 | N/A | N/A | N/A | 0% |
| Turkey | 1.0 | N/A | N/A | N/A | 0% |
| Others | 5.3 | 4.0 | 2.7 | 1.5 | -34.3% |
| Total | 20.4 | 39.9 | 31.4 | 22.9 | 3.9% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to the United Arab Emirates in 2022:
- China (22.0 tons)
- Saudi Arabia (18.7 tons)
- India (10.6 tons)
- Jordan (1.4 tons)
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