Price for Fertilizers; Mineral or Chemical, Phosphatic in Argentina - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Argentina (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Argentina (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Argentina
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Argentina
Price for Fertilizers; Mineral or Chemical, Phosphatic in Argentina (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $289 per ton, dropping by -9.9% against the previous year. Over the period under review, the import price recorded a perceptible setback. The growth pace was the most rapid in 2021 when the average import price increased by 28%. Over the period under review, average import prices hit record highs at $389 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Morocco ($511 per ton), while the price for Spain ($102 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Argentina (FOB) - 2022
The average export price for fertilizers; mineral or chemical, phosphatics stood at $224 per ton in 2022, with a decrease of -11.5% against the previous year. Over the period under review, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 28%. The export price peaked at $390 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($259 per ton), while the average price for exports to Brazil totaled $100 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (-7.3%).
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Argentina
In 2022, the amount of fertilizers; mineral or chemical, phosphatics imported into Argentina reached 119K tons, growing by 7.5% on the previous year. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 22%. As a result, imports attained the peak of 133K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, fertilizers; mineral or chemical, phosphatic imports declined to $34M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 6.6% against the previous year. As a result, imports attained the peak of $35M, and then shrank in the following year.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 3.8 | 6.2 | 8.0 | 7.5 | 25.4% |
| China | 14.3 | 8.7 | 7.0 | 7.0 | -21.2% |
| Egypt | 1.3 | 5.6 | 7.4 | 6.9 | 74.4% |
| Morocco | 3.1 | 3.9 | 5.7 | 5.3 | 19.6% |
| Lebanon | 4.0 | 4.0 | 3.3 | 3.4 | -5.3% |
| Spain | 4.0 | 4.0 | 3.2 | 3.3 | -6.2% |
| Uruguay | 1.7 | 0.8 | 0.7 | 0.7 | -25.6% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 32.3 | 33.3 | 35.5 | 34.4 | 2.1% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Argentina in 2022:
- Spain (32.9K tons)
- China (27.8K tons)
- Mexico (19.3K tons)
- Egypt (15.2K tons)
- Morocco (10.3K tons)
- Lebanon (8.9K tons)
- Uruguay (4.6K tons)
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Argentina
In 2022, overseas shipments of fertilizers; mineral or chemical, phosphatics increased by 6.4% to 62K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a dramatic slump.
In value terms, fertilizers; mineral or chemical, phosphatic exports contracted to $14M in 2022. Over the period under review, exports, however, faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 13%.
| Export of Fertilizers; Mineral or Chemical, Phosphatic in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 20.3 | 9.0 | 10.3 | 12.1 | -15.8% |
| Brazil | 4.6 | 3.3 | 3.6 | 1.5 | -31.2% |
| Others | 0.7 | 0.7 | 0.9 | 0.4 | -17.0% |
| Total | 25.5 | 13.1 | 14.8 | 13.9 | -18.3% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Argentina in 2022:
- Paraguay (46.6K tons)
- Brazil (15.2K tons)
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