Price for Fertilizers; Mineral or Chemical, Nitrogenous in Paraguay - 2024
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Paraguay (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Paraguay (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Paraguay
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Paraguay
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Paraguay (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, nitrogenoi amounted to $525 per ton, picking up by 39% against the previous year. In general, the import price, however, showed a slight setback. The import price peaked at $624 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($946 per ton), while the price for the United States ($352 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Paraguay (FOB) - 2022
In 2022, the average export price for fertilizers; mineral or chemical, nitrogenoi amounted to $2,352 per ton, waning by -44% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 101%. The export price peaked at $4,204 per ton in 2021, and then dropped markedly in the following year.
As there is only one major export destination, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +34.2% per year.
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Paraguay
In 2022, approx. 228K tons of fertilizers; mineral or chemical, nitrogenoi were imported into Paraguay; leveling off at the previous year's figure. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 14%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, fertilizers; mineral or chemical, nitrogenous imports surged to $120M in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Fertilizers; Mineral or Chemical, Nitrogenous in Paraguay (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 14.6 | 22.4 | 36.1 | 42.6 | 42.9% |
Brazil | 13.2 | 15.3 | 21.5 | 36.5 | 40.4% |
United States | 4.0 | 0.1 | 6.1 | 12.3 | 45.4% |
Russia | 3.6 | 10.9 | 19.7 | 11.4 | 46.8% |
Indonesia | N/A | N/A | N/A | 9.9 | 0% |
Oman | 0.3 | 0.2 | N/A | 3.2 | 120.1% |
Bolivia | 8.7 | 2.1 | N/A | 0.8 | -54.9% |
Uruguay | 12.3 | 0.4 | 1.0 | N/A | -71.5% |
Others | 4.0 | 5.0 | 1.8 | 2.7 | -12.3% |
Total | 60.7 | 56.5 | 86.0 | 120 | 25.5% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Paraguay in 2022:
- China (109.9K tons)
- Brazil (45.3K tons)
- United States (35.1K tons)
- Russia (14.9K tons)
- Indonesia (12.6K tons)
- Oman (5.1K tons)
- Bolivia (1.1K tons)
- Uruguay (0.1K tons)
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Paraguay
In 2022, approx. 311 tons of fertilizers; mineral or chemical, nitrogenoi were exported from Paraguay; growing by 105% against the previous year's figure. In general, exports, however, showed a abrupt slump.
In value terms, fertilizers; mineral or chemical, nitrogenous exports expanded remarkably to $731K in 2022. Over the period under review, exports, however, showed a perceptible slump. The growth pace was the most rapid in 2021 when exports increased by 51%.
Export of Fertilizers; Mineral or Chemical, Nitrogenous in Paraguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 781 | 407 | 638 | 731 | -2.2% |
Uruguay | 22.2 | 15.0 | N/A | N/A | -32.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 803 | 422 | 638 | 731 | -3.1% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Paraguay in 2022:
- Brazil (310.9 tons)
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