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

Contents:

1. Price for Fertilizers; Mineral or Chemical, Phosphatic in Switzerland (CIF) - 2023
2. Price for Fertilizers; Mineral or Chemical, Phosphatic in Switzerland (FOB) - 2022
3. Imports of Fertilizers; Mineral or Chemical, Phosphatic in Switzerland
4. Exports of Fertilizers; Mineral or Chemical, Phosphatic in Switzerland

Price for Fertilizers; Mineral or Chemical, Phosphatic in Switzerland (CIF) - 2023

The average import price for fertilizers; mineral or chemical, phosphatics stood at $485 per ton in August 2023, falling by -37.2% against the previous month. In general, the import price saw a abrupt decrease. The growth pace was the most rapid in January 2023 when the average import price increased by 228% m-o-m. As a result, import price attained the peak level of $1,585 per ton. From February 2023 to August 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,169 per ton), while the price for Israel ($396 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fertilizers; mineral or chemical, phosphatics stood at $93 per ton in 2022, reducing by -46.2% against the previous year. Over the period under review, the export price showed a sharp decline. The pace of growth appeared the most rapid in 2017 when the average export price increased by 3,507%. As a result, the export price reached the peak level of $11,716 per ton. From 2018 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 Italy ($115 per ton), while the average price for exports to Serbia ($65 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.2%), while the prices for the other major destinations experienced a decline.

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Switzerland

For the third consecutive year, Switzerland recorded decline in supplies from abroad of fertilizers; mineral or chemical, phosphatics, which decreased by -39.1% to 1.7K tons in 2022. Over the period under review, imports saw a precipitous decrease. The smallest decline of -4.8% was in 2020.

In value terms, fertilizers; mineral or chemical, phosphatic imports declined significantly to $1.1M in 2022. In general, imports faced a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 2.9% against the previous year. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports remained at a lower figure.

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

1. Belgium (800.0 tons)
2. Netherlands (320.4 tons)
3. France (312.4 tons)
4. Germany (276.7 tons)

Exports of Fertilizers; Mineral or Chemical, Phosphatic in Switzerland

In 2022, approx. 405 tons of fertilizers; mineral or chemical, phosphatics were exported from Switzerland; with an increase of 211% against the previous year. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fertilizers; mineral or chemical, phosphatic exports surged to $38K in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Italy (150.0 tons)
2. Serbia (145.5 tons)
3. United States (108.3 tons)

Source: IndexBox Market Intelligence Platform