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

Contents:

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

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

In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $619 per ton, jumping by 35% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 import price increased by +67.8% against 2020 indices. 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 Germany ($1,116 per ton), while the price for Italy ($319 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fertilizers; mineral or chemical, phosphatics stood at $491 per ton in 2022, which is down by -2% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 62% against the previous year. As a result, the export price reached the peak level of $820 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($808 per ton), while the average price for exports to Hungary ($469 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 Hungary (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Slovenia

In 2022, after three years of growth, there was significant decline in supplies from abroad of fertilizers; mineral or chemical, phosphatics, when their volume decreased by -29.7% to 1.1K tons. Overall, imports recorded a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of 25%.

In value terms, fertilizers; mineral or chemical, phosphatic imports shrank to $689K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +42.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports attained the peak of $727K, and then declined in the following year.

Import of Fertilizers; Mineral or Chemical, Phosphatic in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2803373803719.8%
Italy74.377.017214023.5%
Austria10922.53.197.3-3.7%
PolandN/A92.315772.5-11.4%
Serbia7.937.43.4N/A-34.4%
Others12.03.511.67.8-13.4%
Total48356972768912.6%

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

  1. Italy (437.8 tons)
  2. Germany (333.0 tons)
  3. Austria (194.1 tons)
  4. Poland (141.8 tons)

Exports of Fertilizers; Mineral or Chemical, Phosphatic in Slovenia

In 2022, after three years of growth, there was significant decline in shipments abroad of fertilizers; mineral or chemical, phosphatics, when their volume decreased by -18.8% to 128 tons. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,030% against the previous year. As a result, the exports reached the peak of 158 tons, and then fell sharply in the following year.

In value terms, fertilizers; mineral or chemical, phosphatic exports declined markedly to $63K in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 893%. As a result, the exports attained the peak of $79K, and then shrank sharply in the following year.

Export of Fertilizers; Mineral or Chemical, Phosphatic in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary7.64.360.456.194.7%
Croatia3.23.06.56.325.3%
AustriaN/AN/A11.50.5-95.7%
Bosnia and HerzegovinaN/A0.70.8N/A14.3%
OthersN/AN/AN/A0.10%
Total10.88.079.263.080.0%

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

  1. Hungary (119.6 tons)
  2. Croatia (7.8 tons)
  3. Austria (1.0 tons)

Source: IndexBox Market Intelligence Platform

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