Price for Fertilizers; Mineral or Chemical, Phosphatic in Bangladesh - 2022
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Bangladesh (CIF) - 2022
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Bangladesh
Price for Fertilizers; Mineral or Chemical, Phosphatic in Bangladesh (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $470 per ton, with a decrease of -10.6% against the previous year. In general, the import price saw a mild slump. The growth pace was the most rapid in 2017 an increase of 78% against the previous year. Over the period under review, average import prices reached the maximum at $571 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Bulgaria ($622 per ton) and Lebanon ($500 per ton), while the price for Tunisia ($432 per ton) and China ($438 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+0.1%), while the prices for the other major suppliers experienced a decline.
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Bangladesh
In 2022, imports of fertilizers; mineral or chemical, phosphatics into Bangladesh declined significantly to 430K tons, dropping by -37.2% on the previous year. Over the period under review, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 389%.
In value terms, fertilizers; mineral or chemical, phosphatic imports declined remarkably to $202M in 2022. In general, imports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 718% against the previous year. As a result, imports attained the peak of $361M, and then shrank markedly in the following year.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 106 | 7.7 | 182 | 94.6 | -3.7% |
| Tunisia | 73.9 | 21.5 | 86.1 | 35.3 | -21.8% |
| Egypt | N/A | N/A | N/A | 17.1 | 0% |
| Bulgaria | 13.0 | 4.0 | 18.3 | 15.8 | 6.7% |
| Lebanon | 27.4 | 7.4 | 27.6 | 13.8 | -20.4% |
| China | 15.1 | 3.4 | 28.8 | 9.7 | -13.7% |
| Others | N/A | N/A | 17.8 | 15.9 | -10.7% |
| Total | 235 | 44.0 | 361 | 202 | -4.9% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Bangladesh in 2022:
- Morocco (210.4K tons)
- Tunisia (81.9K tons)
- Egypt (37.0K tons)
- Lebanon (27.6K tons)
- Bulgaria (25.5K tons)
- China (22.3K tons)
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This report provides an in-depth analysis of the phosphatic fertilizer market in Bangladesh.
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This report provides an in-depth analysis of the global phosphatic fertilizer market.
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This report provides an in-depth analysis of the phosphatic fertilizer market in Bangladesh.
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This report provides an in-depth analysis of the global phosphatic fertilizer market.
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Explore the top 10 countries by import value of phosphatic fertilizer in 2023. Learn about the key players in the global agricultural industry and their reliance on imported fertilizer.
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Explore the top 10 countries by import value of phosphatic fertilizer in 2023. Learn about the key players in the global agricultural industry and their reliance on imported fertilizer.
