Price for Fertilizers; Mineral or Chemical, Phosphatic in Algeria - 2022

Contents:

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

Price for Fertilizers; Mineral or Chemical, Phosphatic in Algeria (CIF) - 2022

The average import price for fertilizers; mineral or chemical, phosphatics stood at $612 per ton in 2022, growing by 56% against the previous year. Over the period under review, the import price recorded a modest expansion. The pace of growth appeared the most rapid in 2020 an increase of 67%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($2,165 per ton), while the price for Morocco ($391 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+8.1%), while the prices for the other major suppliers experienced a decline.

Price for Fertilizers; Mineral or Chemical, Phosphatic in Algeria (FOB) - 2022

In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $80 per ton, waning by -22.8% against the previous year. In general, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2014 when the average export price increased by 79% against the previous year. The export price peaked at $653 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($169 per ton), while the average price for exports to Malaysia amounted to $71 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+2.3%).

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Algeria

In 2022, the amount of fertilizers; mineral or chemical, phosphatics imported into Algeria dropped notably to 3.3K tons, waning by -64.7% compared with the previous year. Overall, imports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 661% against the previous year. As a result, imports attained the peak of 9.4K tons, and then dropped dramatically in the following year.

In value terms, fertilizers; mineral or chemical, phosphatic imports fell remarkably to $2M in 2022. Over the period under review, imports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 913% against the previous year. As a result, imports reached the peak of $3.7M, and then reduced dramatically in the following year.

Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Algeria in 2022:

1. Tunisia (2704.5 tons)
2. Morocco (256.8 tons)
3. Bulgaria (133.8 tons)
4. Lebanon (51.6 tons)
5. Egypt (22.8 tons)

Exports of Fertilizers; Mineral or Chemical, Phosphatic in Algeria

Fertilizers; mineral or chemical, phosphatic exports from Algeria skyrocketed to 14K tons in 2022, with an increase of 52% on 2021 figures. Over the period under review, exports recorded a significant increase. 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, phosphatic exports soared to $1.1M in 2022. In general, exports, however, faced a abrupt decrease.

Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Algeria in 2022:

1. Malaysia (6.5K tons)
2. South Africa (1.0K tons)

Source: IndexBox Market Intelligence Platform