Price for Phosphates; N.E.S in Item No. 2835.2 in Belgium - 2023
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in Belgium (CIF) - 2022
- Price for Phosphates; N.E.S in Item No. 2835.2 in Belgium (FOB) - 2022
- Imports of Phosphates; N.E.S in Item No. 2835.2 in Belgium
- Exports of Phosphates; N.E.S in Item No. 2835.2 in Belgium
Price for Phosphates; N.E.S in Item No. 2835.2 in Belgium (CIF) - 2022
In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $1,366 per ton, with an increase of 26% against the previous year. Overall, the import price, however, recorded a perceptible contraction. The import price peaked at $1,931 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($4,348 per ton), while the price for Finland ($192 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.1%), 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 Belgium (FOB) - 2022
In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $3,068 per ton, growing by 7.1% against the previous year. Over the period under review, the export price recorded a tangible increase. The pace of growth appeared the most rapid in 2013 an increase of 58% against the previous year. As a result, the export price attained the peak level of $3,698 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($4,311 per ton), while the average price for exports to the UK ($1,535 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 Poland (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Phosphates; N.E.S in Item No. 2835.2 in Belgium
Imports of phosphates; n.e.s in item no. 2835.2s into Belgium dropped to 11K tons in 2022, declining by -6.4% compared with 2021 figures. Overall, imports saw a drastic downturn.
In value terms, imports of phosphates; n.e.s in item no. 2835.2s skyrocketed to $15M in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phosphates; N.E.S in Item No. 2835.2 in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.2 | 3.2 | 1.6 | 4.7 | 13.7% |
| France | 2.6 | 2.7 | 3.0 | 3.6 | 11.5% |
| Czech Republic | 2.4 | 2.0 | 4.0 | 2.1 | -4.4% |
| Germany | 1.8 | 1.0 | 1.5 | 1.3 | -10.3% |
| China | 0.8 | 0.7 | N/A | 0.7 | -4.4% |
| Spain | 0.6 | 0.3 | 0.2 | 0.6 | 0.0% |
| Finland | 1.0 | 0.9 | 0.8 | 0.3 | -33.1% |
| Others | 1.2 | 2.9 | 2.1 | 2.1 | 20.5% |
| Total | 13.5 | 13.8 | 13.1 | 15.4 | 4.5% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Belgium in 2022:
- Netherlands (4.3K tons)
- France (2.1K tons)
- Finland (1.6K tons)
- China (1.1K tons)
- Germany (0.9K tons)
- Czech Republic (0.8K tons)
- Spain (0.2K tons)
Exports of Phosphates; N.E.S in Item No. 2835.2 in Belgium
In 2022, approx. 3.7K tons of phosphates; n.e.s in item no. 2835.2s were exported from Belgium; growing by 23% on the previous year's figure. The total export volume increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of phosphates; n.e.s in item no. 2835.2s soared to $11M in 2022. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 32%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Phosphates; N.E.S in Item No. 2835.2 in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,833 | 1,860 | 2,666 | 3,499 | 24.0% |
| Angola | 281 | 1,961 | 1,187 | 2,666 | 111.7% |
| Germany | 765 | 526 | 644 | 1,028 | 10.4% |
| Netherlands | 744 | 594 | 783 | 916 | 7.2% |
| United States | 139 | 163 | 293 | 725 | 73.4% |
| Poland | 569 | 355 | 650 | 673 | 5.8% |
| United Kingdom | 65.9 | 213 | 115 | 173 | 37.9% |
| Others | 1,042 | 1,519 | 2,288 | 1,702 | 17.8% |
| Total | 5,438 | 7,192 | 8,627 | 11,382 | 27.9% |
Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Belgium in 2022:
- France (1379.7 tons)
- Angola (618.5 tons)
- Germany (437.8 tons)
- Netherlands (381.1 tons)
- United States (199.5 tons)
- Poland (167.2 tons)
- United Kingdom (112.8 tons)
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