Price for Fertilizers; Mineral or Chemical, Phosphatic in Luxembourg - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Luxembourg (FOB) - 2022
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Luxembourg (CIF) - 2022
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Luxembourg
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Luxembourg
Price for Fertilizers; Mineral or Chemical, Phosphatic in Luxembourg (FOB) - 2022
In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $199 per ton, reducing by -9.4% against the previous year. In general, the export price recorded a drastic downturn. The growth pace was the most rapid in 2014 when the average export price increased by 30% against the previous year. As a result, the export price reached the peak level of $516 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($311 per ton), while the average price for exports to France ($198 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 Belgium (+5.3%), while the prices for the other major destinations experienced a decline.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Luxembourg (CIF) - 2022
The average import price for fertilizers; mineral or chemical, phosphatics stood at $290 per ton in 2022, growing by 9.7% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 59%. As a result, import price reached the peak level of $512 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($336 per ton) and the Netherlands ($311 per ton), while the price for Belgium ($265 per ton) and Germany ($311 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.7%), while the prices for the other major suppliers experienced a decline.
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Luxembourg
In 2022, shipments abroad of fertilizers; mineral or chemical, phosphatics decreased by -4% to 290 tons, falling for the second year in a row after two years of growth. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,771%. As a result, the exports attained the peak of 450 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, fertilizers; mineral or chemical, phosphatic exports shrank to $58K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,249% against the previous year. As a result, the exports reached the peak of $95K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Fertilizers; Mineral or Chemical, Phosphatic in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 5.1 | 91.1 | 58.9 | 56.9 | 123.5% |
| Germany | 1.3 | 0.9 | 7.3 | 0.7 | -18.6% |
| Belgium | 0.7 | 3.4 | 0.1 | 0.1 | -47.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.1 | 95.3 | 66.3 | 57.6 | 100.9% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Luxembourg in 2022:
- France (287.3 tons)
- Germany (2.4 tons)
- Belgium (0.2 tons)
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Luxembourg
In 2022, imports of fertilizers; mineral or chemical, phosphatics into Luxembourg skyrocketed to 328 tons, growing by 42% on the previous year's figure. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, phosphatic imports surged to $95K in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 15.3 | 29.4 | 29.7 | 54.1 | 52.3% |
| France | 0.2 | 0.1 | 0.7 | 32.9 | 447.9% |
| Germany | 2.8 | 18.0 | 28.9 | 7.5 | 38.9% |
| Netherlands | 26.6 | 0.3 | 1.5 | 0.4 | -75.3% |
| Others | 7.7 | N/A | N/A | N/A | 0% |
| Total | 52.7 | 47.8 | 60.8 | 94.9 | 21.7% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Luxembourg in 2022:
- Belgium (204.4 tons)
- France (98.0 tons)
- Germany (24.1 tons)
- Netherlands (1.2 tons)
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This report provides an in-depth analysis of the phosphatic fertilizer market in Luxembourg.
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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.
