Price for Fertilizers; Mineral or Chemical, Phosphatic in Spain - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Spain (FOB) - 2022
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Spain (CIF) - 2022
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Spain
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Spain
Price for Fertilizers; Mineral or Chemical, Phosphatic in Spain (FOB) - 2022
In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $178 per ton, picking up by 5.7% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced decrease. The growth pace was the most rapid in 2021 an increase of 15%. The export price peaked at $244 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($1,003 per ton), while the average price for exports to Brazil ($122 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 Uruguay (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Spain (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $362 per ton, surging by 24% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% 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 +75.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 38% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.
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 Tunisia ($1,547 per ton), while the price for the Netherlands ($139 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Spain
In 2022, approx. 405K tons of fertilizers; mineral or chemical, phosphatics were exported from Spain; surging by 53% compared with 2021 figures. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 144% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, fertilizers; mineral or chemical, phosphatic exports skyrocketed to $72M in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 182% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Fertilizers; Mineral or Chemical, Phosphatic in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 7.5 | 5.9 | 21.8 | 40.4 | 75.3% |
| France | 3.6 | 1.9 | 2.9 | 14.1 | 57.6% |
| Netherlands | 1.3 | 1.1 | 2.5 | 2.3 | 20.9% |
| Others | 4.9 | 6.8 | 17.4 | 15.3 | 46.2% |
| Total | 17.3 | 15.8 | 44.5 | 72.1 | 60.9% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Spain in 2022:
- Brazil (331.4K tons)
- France (37.3K tons)
- Netherlands (7.6K tons)
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Spain
After two years of decline, overseas purchases of fertilizers; mineral or chemical, phosphatics increased by 191% to 36K tons in 2022. In general, imports, however, continue to indicate a mild contraction.
In value terms, fertilizers; mineral or chemical, phosphatic imports surged to $13M in 2022. Overall, imports showed resilient growth. 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 3.1 | 2.1 | 0.6 | 3.7 | 6.1% |
| Portugal | 1.9 | 1.9 | 1.0 | 3.0 | 16.4% |
| Egypt | 0.6 | N/A | N/A | 2.7 | 65.1% |
| France | 0.5 | 0.4 | 0.4 | 2.6 | 73.2% |
| Belgium | 0.2 | N/A | 0.2 | 0.6 | 44.2% |
| Netherlands | 1.1 | 0.3 | 0.5 | 0.1 | -55.0% |
| Others | 0.4 | 0.3 | 0.9 | 0.5 | 7.7% |
| Total | 7.7 | 5.1 | 3.6 | 13.1 | 19.4% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Spain in 2022:
- France (9.5K tons)
- Portugal (7.7K tons)
- Egypt (7.6K tons)
- Morocco (7.6K tons)
- Belgium (2.6K tons)
- Netherlands (0.5K tons)
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This report provides an in-depth analysis of the phosphatic fertilizer market in Spain.
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This report provides an in-depth analysis of the global phosphatic fertilizer market.
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This report provides an in-depth analysis of the phosphatic fertilizer market in Spain.
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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.
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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.
