Price for Fertilizers; Mineral or Chemical, Nitrogenous in Sweden - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Sweden (CIF) - 2023
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Sweden (FOB) - 2023
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Sweden
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Sweden
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Sweden (CIF) - 2023
In June 2023, the average import price for fertilizers; mineral or chemical, nitrogenoi amounted to $308 per ton, growing by 11% against the previous month. Overall, the import price, however, showed a noticeable downturn. The growth pace was the most rapid in July 2022 when the average import price increased by 23% month-to-month. The import price peaked at $687 per ton in August 2022; however, from September 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($2,053 per ton), while the price for Norway ($213 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Sweden (FOB) - 2023
In June 2023, the average export price for fertilizers; mineral or chemical, nitrogenoi amounted to $565 per ton, falling by -10% against the previous month. Overall, the export price showed a perceptible reduction. The growth pace was the most rapid in August 2022 an increase of 24% m-o-m. Over the period under review, the average export prices reached the maximum at $1,182 per ton in September 2022; however, from October 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the United Arab Emirates ($653 per ton), while the average price for exports to Belgium ($273 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-1.3%), while the prices for the other major destinations experienced a decline.
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Sweden
In 2022, approx. 1M tons of fertilizers; mineral or chemical, nitrogenoi were imported into Sweden; jumping by 58% on the previous year. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 surged to $492M in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 67.5 | 68.7 | 119 | 185 | 39.9% |
| Lithuania | 13.3 | 11.5 | 17.3 | 82.9 | 84.0% |
| Denmark | 17.0 | 15.3 | 21.9 | 57.0 | 49.7% |
| Finland | 13.7 | 8.7 | 14.2 | 42.4 | 45.7% |
| Poland | 8.4 | 9.6 | 14.5 | 33.8 | 59.1% |
| France | 3.2 | 1.9 | 3.8 | 31.2 | 113.6% |
| Norway | 7.0 | 7.6 | 4.8 | 19.3 | 40.2% |
| Belgium | 0.1 | 3.2 | 0.2 | 14.7 | 427.8% |
| Russia | 13.2 | 9.1 | 19.1 | 1.1 | -56.3% |
| Others | 10.7 | 5.6 | 11.0 | 25.1 | 32.9% |
| Total | 154 | 141 | 225 | 492 | 47.3% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Sweden in 2022:
- Germany (302.6K tons)
- Lithuania (184.2K tons)
- Denmark (175.8K tons)
- Norway (126.1K tons)
- Poland (74.2K tons)
- Finland (47.3K tons)
- Belgium (32.8K tons)
- France (23.3K tons)
- Russia (3.0K tons)
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Sweden
For the fourth consecutive year, Sweden recorded growth in shipments abroad of fertilizers; mineral or chemical, nitrogenoi, which increased by 84% to 655K tons in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 120%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous exports skyrocketed to $285M in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 101%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 20.2 | 23.3 | 28.8 | 65.8 | 48.2% |
| Mexico | N/A | 1.8 | 12.4 | 40.0 | 371.4% |
| Finland | 7.5 | 8.0 | 7.0 | 20.0 | 38.7% |
| Colombia | N/A | N/A | N/A | 18.5 | 0% |
| Ghana | N/A | 3.5 | 6.9 | 16.7 | 118.4% |
| Belgium | N/A | 1.1 | 5.6 | 11.9 | 228.9% |
| Peru | N/A | 1.6 | 7.4 | 9.1 | 138.5% |
| Israel | 0.1 | 1.9 | 7.3 | 8.7 | 343.1% |
| Niger | N/A | 0.3 | 1.5 | 5.1 | 312.3% |
| United Kingdom | N/A | 1.1 | 2.1 | 4.9 | 111.1% |
| Poland | N/A | 0.3 | 1.7 | 4.0 | 265.1% |
| Brazil | N/A | 0.2 | 0.6 | 3.6 | 324.3% |
| Turkey | N/A | 3.1 | 1.9 | 3.5 | 6.3% |
| Others | 10.3 | 25.3 | 60.9 | 73.7 | 92.7% |
| Total | 38.2 | 71.5 | 144 | 285 | 95.4% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Sweden in 2022:
- Norway (154.3K tons)
- Mexico (117.2K tons)
- Finland (44.6K tons)
- Ghana (43.2K tons)
- Belgium (40.6K tons)
- Peru (20.5K tons)
- Colombia (19.5K tons)
- Israel (19.0K tons)
- Turkey (17.6K tons)
- Brazil (13.0K tons)
- Poland (12.4K tons)
- Niger (12.2K tons)
- United Kingdom (12.1K tons)
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