Price for Fertilizers; Mineral or Chemical, Nitrogenous in Ukraine - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Ukraine (FOB) - 2022
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Ukraine (CIF) - 2022
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Ukraine
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Ukraine
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Ukraine (FOB) - 2022
In 2022, the average export price for fertilizers; mineral or chemical, nitrogenoi amounted to $664 per ton, increasing by 80% against the previous year. In general, the export price saw a resilient expansion. 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 Italy ($744 per ton), while the average price for exports to Turkey ($355 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 Romania (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Ukraine (CIF) - 2022
The average import price for fertilizers; mineral or chemical, nitrogenoi stood at $242 per ton in 2022, with an increase of 4.9% against the previous year. Overall, the import price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2021 an increase of 23%. The import price peaked at $285 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($872 per ton), while the price for Belarus ($147 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Ukraine
In 2022, overseas shipments of fertilizers; mineral or chemical, nitrogenoi decreased by -82.5% to 297K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a precipitous decline. The pace of growth was the most pronounced in 2020 when exports increased by 91% against the previous year. As a result, the exports attained the peak of 1.8M tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, fertilizers; mineral or chemical, nitrogenous exports fell rapidly to $197M in 2022. Over the period under review, exports saw a mild curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 79%.
Export of Fertilizers; Mineral or Chemical, Nitrogenous in Ukraine (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 119 | 210 | 314 | 115 | -1.1% |
Romania | 16.8 | 25.1 | 71.0 | 26.0 | 15.7% |
Italy | 7.0 | 24.7 | 50.5 | 18.5 | 38.3% |
Hungary | 16.2 | 7.1 | 23.5 | 8.6 | -19.0% |
Spain | 2.5 | 2.9 | 19.8 | 7.3 | 42.9% |
Turkey | 12.7 | 18.7 | 9.0 | 4.8 | -27.7% |
Poland | 3.2 | 4.5 | 12.2 | 4.5 | 12.0% |
France | N/A | N/A | 28.2 | N/A | 0% |
Tanzania | N/A | 16.2 | N/A | N/A | 0% |
Mexico | N/A | 17.1 | 7.9 | N/A | -53.8% |
Others | 30.4 | 44.9 | 88.8 | 12.6 | -25.4% |
Total | 208 | 371 | 625 | 197 | -1.8% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Ukraine in 2022:
- India (161.7K tons)
- Romania (38.3K tons)
- Italy (24.8K tons)
- Hungary (16.9K tons)
- Turkey (13.6K tons)
- Spain (11.4K tons)
- Poland (9.6K tons)
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Ukraine
Fertilizers; mineral or chemical, nitrogenous imports into Ukraine reduced notably to 1.7M tons in 2022, falling by -22.3% on 2021. Overall, imports, however, enjoyed a temperate increase. The most prominent rate of growth was recorded in 2021 with an increase of 172%. As a result, imports attained the peak of 2.2M tons, and then dropped remarkably in the following year.
In value terms, fertilizers; mineral or chemical, nitrogenous imports contracted remarkably to $414M in 2022. In general, imports, however, continue to indicate a perceptible increase. The growth pace was the most rapid in 2021 when imports increased by 235% against the previous year. As a result, imports reached the peak of $507M, and then contracted sharply in the following year.
Import of Fertilizers; Mineral or Chemical, Nitrogenous in Ukraine (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 71.6 | 43.6 | 208 | 166 | 32.4% |
Poland | 49.4 | 35.4 | 74.9 | 59.8 | 6.6% |
Uzbekistan | 4.6 | 0.1 | 49.5 | 39.5 | 104.8% |
Bulgaria | 39.6 | 15.4 | 36.0 | 28.7 | -10.2% |
Kazakhstan | 11.5 | 8.5 | 35.9 | 28.6 | 35.5% |
Georgia | 48.3 | 19.9 | 34.5 | 27.5 | -17.1% |
Lithuania | 40.5 | 15.3 | 31.2 | 24.9 | -15.0% |
Turkey | 39.2 | 4.5 | 12.2 | 14.6 | -28.1% |
Others | 59.7 | 9.1 | 25.4 | 24.1 | -26.1% |
Total | 364 | 152 | 507 | 414 | 4.4% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Ukraine in 2022:
- Belarus (1125.4K tons)
- Poland (178.2K tons)
- Uzbekistan (118.0K tons)
- Kazakhstan (99.1K tons)
- Georgia (45.4K tons)
- Lithuania (33.4K tons)
- Bulgaria (32.9K tons)
- Turkey (29.2K tons)
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