Price for Fertilizers; Mineral or Chemical, Phosphatic in Pakistan - 2022
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Pakistan (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Pakistan (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Pakistan
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Pakistan
Price for Fertilizers; Mineral or Chemical, Phosphatic in Pakistan (CIF) - 2022
The average import price for fertilizers; mineral or chemical, phosphatics stood at $364 per ton in 2022, shrinking by -11.8% against the previous year. Over the period under review, the import price saw a noticeable decline. The pace of growth was the most pronounced in 2016 an increase of 36%. Over the period under review, average import prices reached the maximum at $476 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 India ($747 per ton), while the price for Iran ($209 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.2%), while the prices for the other major suppliers experienced a decline.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Pakistan (FOB) - 2022
The average export price for fertilizers; mineral or chemical, phosphatics stood at $92 per ton in 2022, rising by 8.6% against the previous year. Over the period under review, the export price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 82%. As a result, the export price attained the peak level of $474 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to -9.1% per year.
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Pakistan
In 2022, after two years of decline, there was significant growth in supplies from abroad of fertilizers; mineral or chemical, phosphatics, when their volume increased by 8.3% to 2.4K tons. Overall, imports, however, recorded a sharp reduction.
In value terms, fertilizers; mineral or chemical, phosphatic imports shrank to $864K in 2022. In general, imports, however, continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 9.8%.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 541 | 258 | 269 | 311 | -16.9% |
| Iran | 397 | 190 | 198 | 229 | -16.8% |
| India | 548 | 208 | 171 | 157 | -34.1% |
| China | 234 | 115 | 148 | 143 | -15.1% |
| Jordan | 49.2 | 21.8 | 21.0 | 22.5 | -23.0% |
| Others | 2.5 | 30.9 | 97.9 | 1.2 | -21.7% |
| Total | 1,772 | 824 | 905 | 864 | -21.3% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Pakistan in 2022:
- Iran (1093.1 tons)
- United Arab Emirates (814.1 tons)
- China (219.1 tons)
- India (210.4 tons)
- Jordan (38.6 tons)
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Pakistan
In 2022, shipments abroad of fertilizers; mineral or chemical, phosphatics was finally on the rise to reach 90 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a sharp setback.
In value terms, fertilizers; mineral or chemical, phosphatic exports soared to $8.3K in 2022. Overall, exports, however, recorded a sharp shrinkage.
| Export of Fertilizers; Mineral or Chemical, Phosphatic in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 51.9 | 9.7 | 1.8 | 8.3 | -45.7% |
| Burundi | N/A | 5.1 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 51.9 | 14.8 | 1.9 | 8.3 | -45.7% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Pakistan in 2022:
- Malaysia (90.1 tons)
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