Price for Fertilizers; Mineral or Chemical, Phosphatic in Finland - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Finland (CIF) - 2022
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Finland
Price for Fertilizers; Mineral or Chemical, Phosphatic in Finland (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $1,124 per ton, surging by 29% against the previous year. In general, the import price continues to indicate a pronounced increase. The pace of growth appeared the most rapid in 2019 an increase of 53% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($3,084 per ton), while the price for Sweden ($628 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Finland
In 2022, purchases abroad of fertilizers; mineral or chemical, phosphatics decreased by -36.8% to 373 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 87% against the previous year.
In value terms, fertilizers; mineral or chemical, phosphatic imports contracted dramatically to $419K in 2022. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 124% against the previous year. As a result, imports attained the peak of $523K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 77.4 | 137 | 347 | 180 | 32.5% |
| Denmark | 27.4 | 261 | 154 | 136 | 70.6% |
| Russia | 83.1 | N/A | N/A | 65.3 | -7.7% |
| United Kingdom | 30.5 | 114 | 13.2 | 30.3 | -0.2% |
| Netherlands | 11.9 | 11.6 | N/A | 6.0 | -20.4% |
| Others | 3.6 | N/A | N/A | 1.5 | -25.3% |
| Total | 234 | 523 | 514 | 419 | 21.4% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Finland in 2022:
- Sweden (286.2 tons)
- Denmark (46.6 tons)
- Russia (28.0 tons)
- United Kingdom (9.8 tons)
- Netherlands (0.7 tons)
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This report provides an in-depth analysis of the phosphatic fertilizer market in Finland.
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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 Finland.
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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.
