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

Contents:

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

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

The average import price for fertilizers; mineral or chemical, phosphatics stood at $261 per ton in 2022, declining by -20.8% against the previous year. Over the period under review, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 24%. The import price peaked at $341 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Bulgaria ($636 per ton), while the price for Lebanon ($235 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $706 per ton, with an increase of 40% against the previous year. Overall, the export price, however, recorded a noticeable contraction. The export price peaked at $957 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($6,668 per ton), while the average price for exports to Albania ($530 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+238.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Greece

In 2022, approx. 13K tons of fertilizers; mineral or chemical, phosphatics were imported into Greece; waning by -7.2% against the previous year. In general, imports recorded a abrupt decrease.

In value terms, fertilizers; mineral or chemical, phosphatic imports reduced remarkably to $3.3M in 2022. Over the period under review, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year.

Import of Fertilizers; Mineral or Chemical, Phosphatic in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt1.11.7N/A1.613.3%
Lebanon1.91.01.61.6-5.6%
Bulgaria0.90.42.9N/A79.5%
Tunisia1.0N/AN/AN/A0%
Italy1.4N/AN/AN/A0%
IsraelN/A0.9N/AN/A0%
Others0.20.10.10.1-20.6%
Total6.44.04.53.3-19.8%

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

  1. Bulgaria (undefinedK tons)
  2. Lebanon (6.7K tons)
  3. Egypt (6.0K tons)

Exports of Fertilizers; Mineral or Chemical, Phosphatic in Greece

In 2022, overseas shipments of fertilizers; mineral or chemical, phosphatics decreased by -12.8% to 154 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 160%. As a result, the exports reached the peak of 643 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, fertilizers; mineral or chemical, phosphatic exports skyrocketed to $109K in 2022. Overall, exports saw a mild reduction. The most prominent rate of growth was recorded in 2020 with an increase of 179%. As a result, the exports attained the peak of $317K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Fertilizers; Mineral or Chemical, Phosphatic in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus65.495.664.242.8-13.2%
Bulgaria4.10.913.627.789.0%
RomaniaN/AN/AN/A20.20%
KosovoN/AN/AN/A14.70%
Albania40.320.311.53.4-56.1%
North MacedoniaN/A29.3N/A0.1-94.2%
SerbiaN/A167N/AN/A0%
Others3.64.1N/AN/A13.9%
Total11331789.3109-1.2%

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

  1. North Macedonia (undefined tons)
  2. Bulgaria (49.9 tons)
  3. Cyprus (48.5 tons)
  4. Romania (25.6 tons)
  5. Kosovo (24.0 tons)
  6. Albania (6.4 tons)

Source: IndexBox Market Intelligence Platform

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