Price for Fertilizers; Mineral or Chemical, Nitrogenous in Uzbekistan - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Uzbekistan (FOB) - 2023
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Uzbekistan (CIF) - 2023
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Uzbekistan
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Uzbekistan
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Uzbekistan (FOB) - 2023
The average export price for fertilizers; mineral or chemical, nitrogenoi stood at $822 per ton in May 2023, therefore, remained relatively stable against the previous month. In general, the export price recorded a strong increase. The growth pace was the most rapid in August 2022 an increase of 118% m-o-m. Over the period under review, the average export prices reached the maximum at $845 per ton in November 2022; however, from December 2022 to May 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In May 2023, the countries with the highest prices were Turkey ($987 per ton) and Kyrgyzstan ($855 per ton), while the average price for exports to Turkmenistan ($792 per ton) and Oman ($792 per ton) were amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+103.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Uzbekistan (CIF) - 2023
In May 2023, the average import price for fertilizers; mineral or chemical, nitrogenoi amounted to $550 per ton, falling by -3.3% against the previous month. In general, import price indicated tangible growth from May 2022 to May 2023: its price increased at an average monthly rate of +4.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, fertilizers; mineral or chemical, nitrogenous import price decreased by -11.1% against January 2023 indices. The most prominent rate of growth was recorded in August 2022 an increase of 37% m-o-m. The import price peaked at $618 per ton in January 2023; however, from February 2023 to May 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Spain ($1,042 per ton), while the price for Turkey ($487 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Uzbekistan
In 2022, shipments abroad of fertilizers; mineral or chemical, nitrogenoi decreased by -29.7% to 448K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year. As a result, the exports attained the peak of 637K tons, and then shrank sharply in the following year.
In value terms, fertilizers; mineral or chemical, nitrogenous exports rose remarkably to $267M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 147%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tajikistan | 28.8 | 46.5 | 30.0 | 42.8 | 14.1% |
| Turkmenistan | N/A | N/A | N/A | 31.4 | 0% |
| Bulgaria | N/A | 0.4 | 11.3 | 30.7 | 776.1% |
| Greece | N/A | N/A | 13.3 | 27.3 | 105.3% |
| Kazakhstan | 21.3 | 28.8 | N/A | 18.2 | -5.1% |
| Latvia | N/A | N/A | N/A | 17.8 | 0% |
| Poland | N/A | N/A | 3.0 | 13.7 | 356.7% |
| Kyrgyzstan | 32.5 | 13.2 | 23.5 | 9.2 | -34.3% |
| Ukraine | 6.4 | 0.1 | 61.2 | 8.9 | 11.6% |
| India | N/A | 6.5 | 0.5 | 0.5 | -72.3% |
| Others | 3.9 | 3.2 | 101 | 66.5 | 157.4% |
| Total | 93.0 | 98.8 | 244 | 267 | 42.1% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Uzbekistan in 2022:
- Tajikistan (109.7K tons)
- Kyrgyzstan (40.9K tons)
- Turkmenistan (39.6K tons)
- Bulgaria (36.0K tons)
- Greece (32.4K tons)
- Poland (32.0K tons)
- Ukraine (28.2K tons)
- Kazakhstan (22.7K tons)
- Latvia (22.1K tons)
- India (2.1K tons)
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Uzbekistan
In 2022, overseas purchases of fertilizers; mineral or chemical, nitrogenoi decreased by -52.8% to 4.4K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2020 with an increase of 36% against the previous year. As a result, imports reached the peak of 78K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, fertilizers; mineral or chemical, nitrogenous imports fell rapidly to $2.6M in 2022. Over the period under review, imports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2020 with an increase of 131%. As a result, imports attained the peak of $31M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | N/A | N/A | 0.9 | 0% |
| Russia | 4.6 | 3.0 | 1.0 | 0.7 | -46.6% |
| Slovakia | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Norway | N/A | N/A | N/A | 0.3 | 0% |
| Turkey | 1.3 | 3.1 | 1.6 | 0.2 | -46.4% |
| Lithuania | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| China | 1.1 | 0.3 | N/A | N/A | -72.7% |
| Kazakhstan | 0.1 | 23.8 | N/A | N/A | 23700.0% |
| Netherlands | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Kyrgyzstan | 5.8 | 0.2 | N/A | N/A | -96.6% |
| Others | 0.1 | 0.2 | 0.2 | 0.1 | 0.0% |
| Total | 13.4 | 31.0 | 3.3 | 2.6 | -42.1% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Uzbekistan in 2022:
- Russia (1293.0 tons)
- Ukraine (1132.7 tons)
- Slovakia (524.8 tons)
- Norway (491.2 tons)
- Turkey (259.1 tons)
- Netherlands (234.6 tons)
- Lithuania (159.5 tons)
- China (83.7 tons)
- Kazakhstan (7.5 tons)
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