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

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

The average import price for fertilizers; mineral or chemical, phosphatics stood at $857 per ton in 2022, picking up by 33% against the previous year. Over the period under review, the import price, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 57% against the previous year. The import price peaked at $1,544 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,764 per ton), while the price for Turkey ($506 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Qatar

For the third consecutive year, Qatar recorded decline in overseas purchases of fertilizers; mineral or chemical, phosphatics, which decreased by -79.3% to 70 tons in 2022. Over the period under review, imports saw a dramatic descent. The smallest decline of -14.2% was in 2020.

In value terms, fertilizers; mineral or chemical, phosphatic imports fell markedly to $60K in 2022. Overall, imports faced a sharp decrease. The smallest decline of -8.8% was in 2021.

Import of Fertilizers; Mineral or Chemical, Phosphatic in Qatar (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Morocco	217	208	205	34.8	-45.7%
Jordan	N/A	9.2	N/A	21.3	52.2%
India	N/A	21.9	12.5	3.2	-61.8%
Turkey	53.6	N/A	N/A	0.3	-82.2%
Others	N/A	0.2	N/A	0.2	0.0%
Total	271	239	218	59.7	-39.6%