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

Contents:

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

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

In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $428 per ton, rising by 19% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fertilizers; mineral or chemical, phosphatic export price increased by +65.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 38%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($474 per ton), while the average price for exports to Poland ($269 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 Thailand (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $288 per ton, leveling off at the previous year. In general, the import price showed a pronounced setback. The growth pace was the most rapid in 2014 an increase of 55% against the previous year. Over the period under review, average import prices reached the maximum at $372 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($955 per ton), while the price for China totaled $278 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced a decline.

Exports of Fertilizers; Mineral or Chemical, Phosphatic in Israel

In 2022, the amount of fertilizers; mineral or chemical, phosphatics exported from Israel surged to 1.4M tons, growing by 41% on the previous year. Overall, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, fertilizers; mineral or chemical, phosphatic exports soared to $581M in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 96%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Fertilizers; Mineral or Chemical, Phosphatic in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil89.848.987.827144.5%
United States36.736.487.412751.3%
Netherlands38.022.835.151.110.4%
France26.614.020.429.73.7%
Cote d'Ivoire12.113.114.925.828.7%
Thailand8.38.38.613.718.2%
Poland2.31.45.27.648.9%
Germany7.14.64.97.41.4%
Others28.226.280.747.418.9%
Total24917634558132.6%

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

  1. Brazil (571.9K tons)
  2. United States (291.3K tons)
  3. Netherlands (126.3K tons)
  4. France (84.7K tons)
  5. Cote d'Ivoire (71.0K tons)
  6. Thailand (39.2K tons)
  7. Poland (28.4K tons)
  8. Germany (24.4K tons)

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Israel

In 2022, overseas purchases of fertilizers; mineral or chemical, phosphatics increased by 23% to 869 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a deep reduction.

In value terms, fertilizers; mineral or chemical, phosphatic imports surged to $250K in 2022. Overall, imports, however, recorded a abrupt setback.

Import of Fertilizers; Mineral or Chemical, Phosphatic in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China354134191234-12.9%
United States23.59.412.513.7-16.5%
Bulgaria47.1129N/AN/A173.9%
EgyptN/A20.7N/AN/A0%
Others14.22.21.62.1-47.1%
Total439295205250-17.1%

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

  1. China (841.7 tons)
  2. United States (14.3 tons)

Source: IndexBox Market Intelligence Platform

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