Price for Fertilizers; Mineral or Chemical, Nitrogenous in Slovenia - 2023

Contents:

  1. Price for Fertilizers; Mineral or Chemical, Nitrogenous in Slovenia (CIF) - 2023
  2. Price for Fertilizers; Mineral or Chemical, Nitrogenous in Slovenia (FOB) - 2022
  3. Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Slovenia
  4. Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Slovenia

Price for Fertilizers; Mineral or Chemical, Nitrogenous in Slovenia (CIF) - 2023

The average import price for fertilizers; mineral or chemical, nitrogenoi stood at $401 per ton in November 2023, shrinking by -5.2% against the previous month. Over the period under review, the import price continues to indicate a pronounced downturn. The growth pace was the most rapid in August 2023 an increase of 28% against the previous month. The import price peaked at $744 per ton in January 2023; however, from February 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($570 per ton), while the price for Italy ($295 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+2.8%), while the prices for the other major suppliers experienced a decline.

Price for Fertilizers; Mineral or Chemical, Nitrogenous in Slovenia (FOB) - 2022

The average export price for fertilizers; mineral or chemical, nitrogenoi stood at $507 per ton in 2022, with an increase of 39% against the previous year. Over the period under review, the export price enjoyed a slight expansion. The most prominent rate of growth was recorded in 2021 an increase of 59%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($795 per ton), while the average price for exports to Italy ($246 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 Hungary (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Slovenia

For the fourth year in a row, Slovenia recorded growth in purchases abroad of fertilizers; mineral or chemical, nitrogenoi, which increased by 282% to 524K tons in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fertilizers; mineral or chemical, nitrogenous imports soared to $194M in 2022. In general, imports enjoyed 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 in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.61.20.553.9347.9%
EgyptN/AN/A8.825.6190.9%
Slovakia4.65.210.120.364.0%
Italy2.72.34.918.589.9%
Croatia12.612.314.418.513.7%
Austria1.33.74.912.2110.9%
Germany0.51.02.78.8160.1%
ChinaN/AN/AN/A6.80%
RomaniaN/A0.20.44.8389.9%
Hungary3.10.53.14.614.1%
Others2.01.43.620.5117.2%
Total27.527.853.519491.8%

Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Slovenia in 2022:

  1. Russia (232.0K tons)
  2. Italy (57.5K tons)
  3. Croatia (56.3K tons)
  4. Austria (40.4K tons)
  5. Egypt (32.6K tons)
  6. Slovakia (30.6K tons)
  7. China (14.5K tons)
  8. Romania (14.2K tons)
  9. Hungary (13.5K tons)
  10. Germany (10.2K tons)

Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Slovenia

Fertilizers; mineral or chemical, nitrogenous exports from Slovenia surged to 212K tons in 2022, growing by 370% compared with 2021 figures. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fertilizers; mineral or chemical, nitrogenous exports soared to $107M in 2022. Overall, exports showed 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 in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary0.50.25.850.0364.2%
Croatia2.62.25.724.1110.1%
Austria0.80.61.413.7157.8%
SlovakiaN/AN/AN/A8.40%
Czech RepublicN/AN/AN/A2.70%
Italy0.10.30.92.5192.4%
Bosnia and Herzegovina0.40.51.01.968.1%
Others0.50.61.64.2103.3%
Total4.94.416.4107179.5%

Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Slovenia in 2022:

  1. Croatia (78.3K tons)
  2. Hungary (62.9K tons)
  3. Austria (33.9K tons)
  4. Slovakia (10.9K tons)
  5. Italy (10.2K tons)
  6. Bosnia and Herzegovina (7.5K tons)
  7. Czech Republic (3.6K tons)

Source: IndexBox Market Intelligence Platform

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