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

Contents:

  1. Price for Fertilizers; Mineral or Chemical, Phosphatic in Paraguay (CIF) - 2022
  2. Imports of Fertilizers; Mineral or Chemical, Phosphatic in Paraguay

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

In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $409 per ton, surging by 65% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Brazil ($766 per ton), while the price for Spain ($122 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Paraguay

In 2022, the amount of fertilizers; mineral or chemical, phosphatics imported into Paraguay surged to 252K tons, increasing by 29% against 2021 figures. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fertilizers; mineral or chemical, phosphatic imports skyrocketed to $103M in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fertilizers; Mineral or Chemical, Phosphatic in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina20.412.813.939.624.7%
Egypt10.012.516.432.648.3%
Uruguay13.62.63.610.8-7.4%
China6.63.410.98.810.1%
MexicoN/A2.91.48.066.1%
Spain0.1N/AN/A0.791.3%
Others2.72.32.22.4-3.9%
Total53.436.548.410324.5%

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

  1. Argentina (91.4K tons)
  2. Egypt (86.6K tons)
  3. China (29.3K tons)
  4. Uruguay (23.7K tons)
  5. Mexico (12.0K tons)
  6. Spain (5.4K tons)

Source: IndexBox Market Intelligence Platform

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