Price for Phosphates; N.E.S in Item No. 2835.2 in Egypt - 2023

Contents:

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

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

In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $3,076 per ton, growing by 42% against the previous year. Overall, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 64%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($3,076 per ton) and China ($3,076 per ton), while the price for the UK ($3,076 per ton) and Thailand ($3,076 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+59.9%), 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 Egypt (FOB) - 2022

The average export price for phosphates; n.e.s in item no. 2835.2s stood at $3,856 per ton in 2022, jumping by 28% against the previous year. Overall, the export price, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2015 an increase of 166% against the previous year. As a result, the export price reached the peak level of $5,508 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($3,856 per ton), while the average price for exports to Algeria amounted to $3,856 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+21.3%), 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 Egypt

In 2022, approx. 992 tons of phosphates; n.e.s in item no. 2835.2s were imported into Egypt; with a decrease of -20.9% on the previous year's figure. Over the period under review, imports recorded a significant decline.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s totaled $3.1M in 2022. Overall, imports recorded a abrupt contraction.

Import of Phosphates; N.E.S in Item No. 2835.2 in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,1802,7691,0011,739-18.2%
Germany463929177394-5.2%
TunisiaN/AN/AN/A3340%
France525286254170-31.3%
Spain33.88.95.116469.3%
United Kingdom45.051.096.897.129.2%
Belgium13995.059.396.0-11.6%
Turkey29917632343.4-47.4%
Thailand16024920814.5-55.1%
Czech Republic43218255.4N/A-64.2%
Others2103425380.2-90.2%
Total5,4865,0892,7173,052-17.8%

Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Egypt in 2022:

  1. China (565.5 tons)
  2. Germany (128.2 tons)
  3. Tunisia (108.6 tons)
  4. France (55.1 tons)
  5. Spain (53.3 tons)
  6. United Kingdom (31.6 tons)
  7. Belgium (31.2 tons)
  8. Turkey (14.1 tons)
  9. Thailand (4.7 tons)

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

In 2022, shipments abroad of phosphates; n.e.s in item no. 2835.2s decreased by -17.5% to 16 tons, falling for the second consecutive year after two years of growth. In general, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 206% against the previous year. As a result, the exports attained the peak of 407 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s stood at $60K in 2022. Over the period under review, exports faced a precipitous contraction. The pace of growth was the most pronounced in 2020 when exports increased by 202% against the previous year. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Phosphates; N.E.S in Item No. 2835.2 in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RomaniaN/AN/AN/A47.40%
AlgeriaN/AN/AN/A12.70%
New Zealand51.541311.2N/A-53.4%
Malaysia27061833.9N/A-64.6%
South AfricaN/A95.3N/AN/A0%
Libya29.538.22.5N/A-70.9%
Others60.078.19.3N/A-60.6%
Total4111,24256.960.1-47.3%

Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Egypt in 2022:

  1. Romania (12.3 tons)
  2. Algeria (3.3 tons)

Source: IndexBox Market Intelligence Platform

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