Price for Fertilizers; Mineral or Chemical, Phosphatic in Estonia - 2023

Contents:

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

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

The average import price for fertilizers; mineral or chemical, phosphatics stood at $242 per ton in 2022, declining by -14.9% against the previous year. In general, the import price recorded a noticeable decrease. The pace of growth appeared the most rapid in 2018 when the average import price increased by 46% against the previous year. Over the period under review, average import prices attained the peak figure at $559 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to +7.3% per year.

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

The average export price for fertilizers; mineral or chemical, phosphatics stood at $9,683 per ton in 2022, jumping by 1,933% against the previous year. In general, the export price, however, saw a abrupt shrinkage. Over the period under review, the average export prices reached the maximum at $23,713 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2017 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +33.5% per year.

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Estonia

In 2022, overseas purchases of fertilizers; mineral or chemical, phosphatics were finally on the rise to reach 71 tons after two years of decline. Overall, imports, however, showed a dramatic curtailment.

In value terms, fertilizers; mineral or chemical, phosphatic imports surged to $17K in 2022. In general, imports, however, saw a sharp reduction.

Import of Fertilizers; Mineral or Chemical, Phosphatic in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland59.75.88.117.2-34.0%
RussiaN/A3.0N/AN/A0%
Latvia2.00.71.5N/A-13.4%
France42.0N/AN/AN/A0%
OthersN/A0.3N/AN/A0%
Total1049.99.617.2-45.1%

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

  1. Poland (71.1 tons)

Exports of Fertilizers; Mineral or Chemical, Phosphatic in Estonia

Fertilizers; mineral or chemical, phosphatic exports from Estonia rose significantly to 900 kg in 2022, picking up by 13% on the previous year's figure. The total export volume increased at an average annual rate of +1.8% from 2020 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fertilizers; mineral or chemical, phosphatic exports skyrocketed to $8.7K in 2022. Over the period under review, exports, however, showed a precipitous shrinkage.

Export of Fertilizers; Mineral or Chemical, Phosphatic in Estonia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
NetherlandsN/AN/A8.70%
Kuwait17.00.4N/A-97.6%
OthersN/AN/AN/A0%
Total17.00.48.7-28.5%

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

  1. Netherlands (900.0 kg)

Source: IndexBox Market Intelligence Platform

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