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

Contents:

  1. Price for Fertilizers; Mineral or Chemical, Phosphatic in Germany (CIF) - 2023
  2. Price for Fertilizers; Mineral or Chemical, Phosphatic in Germany (FOB) - 2023
  3. Imports of Fertilizers; Mineral or Chemical, Phosphatic in Germany
  4. Exports of Fertilizers; Mineral or Chemical, Phosphatic in Germany

Price for Fertilizers; Mineral or Chemical, Phosphatic in Germany (CIF) - 2023

The average import price for fertilizers; mineral or chemical, phosphatics stood at $455 per ton in June 2023, growing by 2.8% against the previous month. Overall, the import price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in September 2022 when the average import price increased by 38% m-o-m. The import price peaked at $878 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Poland ($535 per ton), while the price for the Netherlands stood at $446 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (-4.0%).

Price for Fertilizers; Mineral or Chemical, Phosphatic in Germany (FOB) - 2023

In June 2023, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $82.5 per ton, falling by -47.4% against the previous month. Overall, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in July 2022 an increase of 401% month-to-month. As a result, the export price reached the peak level of $885 per ton. From August 2022 to June 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was the Netherlands ($431 per ton), while the average price for exports to the Czech Republic ($26.0 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+17.4%), while the prices for the other major destinations experienced a decline.

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Germany

Fertilizers; mineral or chemical, phosphatic imports into Germany plummeted to 24K tons in 2022, with a decrease of -36.1% against the previous year's figure. Over the period under review, imports continue to indicate a dramatic decline. The smallest decline of -26.3% was in 2021.

In value terms, fertilizers; mineral or chemical, phosphatic imports fell markedly to $11M in 2022. In general, imports continue to indicate a sharp curtailment. The smallest decline of -14.8% was in 2021.

Import of Fertilizers; Mineral or Chemical, Phosphatic in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands10.510.67.57.2-11.8%
Poland3.31.12.23.52.0%
Belgium3.23.43.2N/A0.0%
Israel8.4N/AN/AN/A0%
Others0.2N/AN/AN/A0%
Total25.615.112.910.7-25.2%

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

  1. Netherlands (14.1K tons)
  2. Poland (9.9K tons)
  3. Belgium (0.1K tons)

Exports of Fertilizers; Mineral or Chemical, Phosphatic in Germany

In 2022, overseas shipments of fertilizers; mineral or chemical, phosphatics decreased by -54.8% to 30K tons, falling for the second year in a row after two years of growth. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year. As a result, the exports reached the peak of 71K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, fertilizers; mineral or chemical, phosphatic exports declined to $9.5M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -12.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. As a result, the exports attained the peak of $11M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Fertilizers; Mineral or Chemical, Phosphatic in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic0.41.51.24.0115.4%
AustriaN/A0.10.21.3260.6%
PolandN/A0.10.11.1231.7%
France3.14.22.20.9-33.8%
Netherlands2.03.34.90.8-26.3%
SlovakiaN/AN/A0.20.5150.0%
Switzerland1.11.00.70.3-35.2%
Belgium0.30.30.30.30.0%
Others0.20.40.30.314.5%
Total7.110.910.19.510.2%

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

  1. Czech Republic (13.3K tons)
  2. Netherlands (4.7K tons)
  3. France (4.5K tons)
  4. Poland (3.6K tons)
  5. Austria (1.4K tons)
  6. Slovakia (0.7K tons)
  7. Belgium (0.5K tons)
  8. Switzerland (0.4K tons)

Source: IndexBox Market Intelligence Platform

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