Price for Phosphates; N.E.S in Item No. 2835.2 in Angola - 2022

Contents:

1. Price for Phosphates; N.E.S in Item No. 2835.2 in Angola (CIF) - 2022
2. Price for Phosphates; N.E.S in Item No. 2835.2 in Angola (FOB) - 2022
3. Imports of Phosphates; N.E.S in Item No. 2835.2 in Angola
4. Exports of Phosphates; N.E.S in Item No. 2835.2 in Angola

Price for Phosphates; N.E.S in Item No. 2835.2 in Angola (CIF) - 2022

In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $4,327 per ton, rising by 52% against the previous year. In general, the import price recorded a temperate increase. The most prominent rate of growth was recorded in 2015 an increase of 96%. The import price peaked at $4,762 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,660 per ton), while the price for Tunisia ($1,282 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Phosphates; N.E.S in Item No. 2835.2 in Angola (FOB) - 2022

The average export price for phosphates; n.e.s in item no. 2835.2s stood at $18,284 per ton in 2022, increasing by 1,464% against the previous year. Over the period under review, the export price enjoyed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($69,571 per ton), while the average price for exports to South Africa stood at $333 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+784.6%).

Imports of Phosphates; N.E.S in Item No. 2835.2 in Angola

In 2022, purchases abroad of phosphates; n.e.s in item no. 2835.2s increased by 109% to 2.5K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s surged to $11M 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 Phosphates; N.E.S in Item No. 2835.2 to Angola in 2022:

1. France (1601.5 tons)
2. United Kingdom (532.4 tons)
3. Belgium (131.9 tons)
4. Brazil (74.2 tons)
5. Portugal (54.7 tons)
6. Tunisia (48.2 tons)

Exports of Phosphates; N.E.S in Item No. 2835.2 in Angola

In 2022, after two years of growth, there was significant decline in overseas shipments of phosphates; n.e.s in item no. 2835.2s, when their volume decreased by -82.7% to 81 kg. In general, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 95%. As a result, the exports attained the peak of 468 kg, and then shrank notably in the following year.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s skyrocketed to $1.5K in 2022. Overall, exports, however, showed 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 Phosphates; N.E.S in Item No. 2835.2 from Angola in 2022:

1. South Africa (60.0 kg)
2. France (21.0 kg)

Source: IndexBox Market Intelligence Platform