Price for Fertilizers; Mineral or Chemical, Phosphatic in the United Arab Emirates - 2021

Contents:

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

Price for Fertilizers; Mineral or Chemical, Phosphatic in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $612 per ton, reducing by -29.1% against the previous year. Overall, the import price, however, continues to indicate strong growth. The growth pace was the most rapid in 2020 an increase of 111% against the previous year. The import price peaked at $864 per ton in 2021, and then dropped dramatically in the following year.

As there is only one major supplying country, the average price level is determined by prices for Egypt.

From 2012 to 2022, the rate of growth in terms of prices for Jordan amounted to +45.6% per year.

Price for Fertilizers; Mineral or Chemical, Phosphatic in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $267 per ton, waning by -4% against the previous year. Overall, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 62%. The export price peaked at $694 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($346 per ton), while the average price for exports to Malaysia ($176 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 Malaysia (+1.2%), while the prices for the other major destinations experienced a decline.

Imports of Fertilizers; Mineral or Chemical, Phosphatic in the United Arab Emirates

In 2022, supplies from abroad of fertilizers; mineral or chemical, phosphatics was finally on the rise to reach 173 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a sharp setback.

In value terms, fertilizers; mineral or chemical, phosphatic imports surged to $106K in 2022. Overall, imports, however, showed a precipitous curtailment.

Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to the United Arab Emirates in 2022:

1. Egypt (172.5 tons)

Exports of Fertilizers; Mineral or Chemical, Phosphatic in the United Arab Emirates

In 2022, shipments abroad of fertilizers; mineral or chemical, phosphatics increased by 10% to 4.1K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt slump.

In value terms, fertilizers; mineral or chemical, phosphatic exports expanded rapidly to $1.1M in 2022. Overall, exports, however, showed a deep reduction.

Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from the United Arab Emirates in 2022:

1. Kuwait (1.6K tons)
2. Oman (1.3K tons)
3. Malaysia (1.2K tons)

Source: IndexBox Market Intelligence Platform