Price for Fertilizers; Mineral or Chemical, Nitrogenous in the Czech Republic - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in the Czech Republic (CIF) - 2023
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in the Czech Republic (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in the Czech Republic
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in the Czech Republic
Price for Fertilizers; Mineral or Chemical, Nitrogenous in the Czech Republic (CIF) - 2023
In June 2023, the average import price for fertilizers; mineral or chemical, nitrogenoi amounted to $379 per ton, dropping by -8% against the previous month. Over the period under review, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in September 2022 an increase of 9.5% against the previous month. The import price peaked at $813 per ton in October 2022; however, from November 2022 to June 2023, import prices remained at a 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 China ($519 per ton), while the price for Belgium ($198 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 Slovakia (-4.9%), while the prices for the other major suppliers experienced a decline.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in the Czech Republic (FOB) - 2022
The average export price for fertilizers; mineral or chemical, nitrogenoi stood at $280 per ton in 2022, with an increase of 3.3% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 39% against the previous year. Over the period under review, the average export prices attained the maximum at $304 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Austria ($297 per ton) and Poland ($282 per ton), while the average price for exports to Slovakia ($236 per ton) and Morocco ($247 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 Poland (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in the Czech Republic
In 2022, after two years of decline, there was significant growth in overseas purchases of fertilizers; mineral or chemical, nitrogenoi, when their volume increased by 59% to 1.3M tons. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous imports soared to $652M in 2022. In general, imports continue to indicate significant growth. 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 the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 45.0 | 56.9 | 83.9 | 205 | 65.8% |
| Slovakia | 71.1 | 64.2 | 106 | 190 | 38.8% |
| Germany | 30.7 | 23.8 | 45.3 | 116 | 55.8% |
| Austria | 32.2 | 28.0 | 39.1 | 72.4 | 31.0% |
| Lithuania | 15.8 | 15.7 | 11.8 | 20.6 | 9.2% |
| Belgium | 6.5 | 1.2 | 0.3 | 19.3 | 43.7% |
| Others | 20.9 | 8.5 | 13.7 | 29.4 | 12.0% |
| Total | 222 | 198 | 300 | 652 | 43.2% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to the Czech Republic in 2022:
- Slovakia (605.5K tons)
- Poland (240.4K tons)
- Austria (191.5K tons)
- Germany (140.5K tons)
- Belgium (26.2K tons)
- Lithuania (24.5K tons)
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in the Czech Republic
In 2022, approx. 1.1M tons of fertilizers; mineral or chemical, nitrogenoi were exported from the Czech Republic; rising by 79% on the previous year. In general, 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 skyrocketed to $322M in 2022. Overall, exports recorded significant growth. 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 the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 84.1 | 67.1 | 112 | 195 | 32.4% |
| Slovakia | 11.7 | 8.4 | 14.8 | 35.3 | 44.5% |
| Poland | 6.5 | 8.3 | 10.3 | 20.0 | 45.4% |
| Morocco | 2.8 | 3.3 | 5.0 | 11.6 | 60.6% |
| Hungary | 2.1 | 3.6 | 5.6 | 10.2 | 69.4% |
| Austria | 5.3 | 5.0 | 5.9 | 8.2 | 15.7% |
| Others | 16.7 | 16.5 | 20.4 | 41.6 | 35.6% |
| Total | 129 | 112 | 174 | 322 | 35.7% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from the Czech Republic in 2022:
- Germany (704.0K tons)
- Slovakia (149.7K tons)
- Poland (70.9K tons)
- Morocco (46.7K tons)
- Hungary (40.8K tons)
- Austria (27.8K tons)
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