Price for Fertilizers; Mineral or Chemical, Phosphatic in the Czech Republic - 2023

Contents:

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

Price for Fertilizers; Mineral or Chemical, Phosphatic in the Czech Republic (CIF) - 2023

The average import price for fertilizers; mineral or chemical, phosphatics stood at $491 per ton in June 2023, falling by -35.3% against the previous month. Over the period under review, the import price recorded a perceptible curtailment. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 25% m-o-m. Over the period under review, average import prices attained the peak figure at $1,006 per ton in November 2022; however, from December 2022 to June 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($816 per ton), while the price for Poland amounted to $478 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (0.0%), while the prices for the other major suppliers experienced a decline.

Price for Fertilizers; Mineral or Chemical, Phosphatic in the Czech Republic (FOB) - 2022

In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $1,103 per ton, rising by 18% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 export price decreased by -12.8% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of 56% against the previous year. Over the period under review, the average export prices reached the maximum at $1,264 per ton in 2020; however, from 2021 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 Germany ($1,370 per ton), while the average price for exports to Poland ($861 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 Romania (+77.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fertilizers; Mineral or Chemical, Phosphatic in the Czech Republic

In 2022, imports of fertilizers; mineral or chemical, phosphatics into the Czech Republic surged to 28K tons, increasing by 43% on 2021. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fertilizers; mineral or chemical, phosphatic imports skyrocketed to $21M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to the Czech Republic in 2022:

1. Poland (12.0K tons)
2. Germany (5.5K tons)
3. Belgium (4.8K tons)
4. Austria (4.4K tons)
5. Italy (0.8K tons)
6. Netherlands (0.1K tons)

Exports of Fertilizers; Mineral or Chemical, Phosphatic in the Czech Republic

After three years of growth, overseas shipments of fertilizers; mineral or chemical, phosphatics decreased by -80.7% to 65 tons in 2022. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 113% against the previous year.

In value terms, fertilizers; mineral or chemical, phosphatic exports reduced markedly to $72K in 2022. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 138% against the previous year.

Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from the Czech Republic in 2022:

1. Germany (undefined tons)
2. Slovakia (45.1 tons)
3. Poland (17.2 tons)
4. Romania (1.9 tons)

Source: IndexBox Market Intelligence Platform