Price for Fertilizers; Mineral or Chemical, Phosphatic in Tanzania - 2022
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Tanzania (FOB) - 2021
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Tanzania (CIF) - 2022
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Tanzania
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Tanzania
Price for Fertilizers; Mineral or Chemical, Phosphatic in Tanzania (FOB) - 2021
In December 2021, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $437 per ton, dropping by -1.7% against the previous month. Overall, the export price recorded a abrupt slump. The pace of growth was the most pronounced in April 2021 an increase of 1,634% m-o-m. Over the period under review, the average export prices hit record highs at $1,252 per ton in October 2021; however, from November 2021 to December 2021, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Burundi ($466 per ton), while the average price for exports to Kenya stood at $271 per ton.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (-0.1%).
Price for Fertilizers; Mineral or Chemical, Phosphatic in Tanzania (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $361 per ton, with a decrease of -11.6% against the previous year. Overall, the import price showed a pronounced descent. The most prominent rate of growth was recorded in 2017 an increase of 36%. As a result, import price attained the peak level of $547 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($2,053 per ton), while the price for the United Arab Emirates ($105 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+22.9%), while the prices for the other major suppliers experienced a decline.
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Tanzania
Fertilizers; mineral or chemical, phosphatic exports from Tanzania soared to 189K tons in 2022, picking up by 416% on the year before. Over the period under review, exports saw a significant expansion. 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 $71M in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fertilizers; Mineral or Chemical, Phosphatic in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 7.3 | 20.5 | 15.0 | 70.3 | 112.8% |
| Kenya | 1.4 | 0.1 | 0.2 | 0.4 | -34.1% |
| Others | 0.5 | 0.3 | 0.2 | 0.2 | -26.3% |
| Total | 9.1 | 20.9 | 15.4 | 70.9 | 98.2% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Tanzania in 2022:
- Burundi (186.4K tons)
- Kenya (2.5K tons)
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Tanzania
In 2022, the amount of fertilizers; mineral or chemical, phosphatics imported into Tanzania surged to 1.6K tons, rising by 3,193% against 2021 figures. In general, imports enjoyed a significant expansion.
In value terms, fertilizers; mineral or chemical, phosphatic imports skyrocketed to $595K in 2022. Over the period under review, imports posted a significant increase.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 40.4 | 254 | 8.2 | 195 | 69.0% |
| Lebanon | 83.0 | 270 | 6.3 | 164 | 25.5% |
| China | 96.5 | 381 | 0.5 | 115 | 6.0% |
| Egypt | 34.5 | 222 | 4.4 | 97.1 | 41.2% |
| United Arab Emirates | 7.6 | 20.4 | 0.4 | 8.3 | 3.0% |
| Others | 7.6 | 22.1 | 0.7 | 15.1 | 25.7% |
| Total | 270 | 1,170 | 20.4 | 595 | 30.1% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Tanzania in 2022:
- China (495.3 tons)
- Morocco (400.3 tons)
- Lebanon (377.0 tons)
- Egypt (289.9 tons)
- United Arab Emirates (78.7 tons)
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This report provides an in-depth analysis of the phosphatic fertilizer market in Tanzania.
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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 Tanzania.
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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.
