Price for Fertilizers; Mineral or Chemical, Phosphatic in Iran - 2021

Contents:

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

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

The average import price for fertilizers; mineral or chemical, phosphatics stood at $551 per ton in 2022, picking up by 10% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 35% against the previous year. The import price peaked at $552 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($737 per ton), while the price for Tunisia ($133 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $539 per ton, with a decrease of -4.7% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices attained the peak figure at $701 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($2,727 per ton), while the average price for exports to Iraq ($197 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 Azerbaijan (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Iran

In 2022, the amount of fertilizers; mineral or chemical, phosphatics imported into Iran contracted rapidly to 91K tons, which is down by -35.7% compared with 2021 figures. In general, imports recorded a sharp setback. The pace of growth appeared the most rapid in 2021 when imports increased by 79% against the previous year.

In value terms, fertilizers; mineral or chemical, phosphatic imports shrank significantly to $50M in 2022. Over the period under review, imports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2021 when imports increased by 142% against the previous year.

Import of Fertilizers; Mineral or Chemical, Phosphatic in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China90.018.959.142.9-21.9%
Bulgaria6.14.24.83.1-20.2%
Tunisia4.42.93.11.9-24.4%
United Arab Emirates3.52.12.00.9-36.4%
Others2.11.31.71.2-17.0%
Total10629.370.750.0-22.2%

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

  1. China (58.3K tons)
  2. Bulgaria (15.7K tons)
  3. Tunisia (14.2K tons)
  4. United Arab Emirates (2.0K tons)

Exports of Fertilizers; Mineral or Chemical, Phosphatic in Iran

In 2022, shipments abroad of fertilizers; mineral or chemical, phosphatics was finally on the rise to reach 82 tons after two years of decline. Over the period under review, exports, however, showed a dramatic descent.

In value terms, fertilizers; mineral or chemical, phosphatic exports rose to $44K in 2022. Overall, exports, however, showed a sharp descent.

Export of Fertilizers; Mineral or Chemical, Phosphatic in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan16333.432.533.5-41.0%
Armenia39.08.07.78.0-41.0%
Azerbaijan13.92.41.91.7-50.4%
Others14.11.30.80.8-61.6%
Total23045.142.944.0-42.4%

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

  1. Pakistan (76.9 tons)
  2. Armenia (2.9 tons)
  3. Azerbaijan (0.9 tons)

Source: IndexBox Market Intelligence Platform

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