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

Contents:

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

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

In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $1,821 per ton, surging by 37% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for phosphates; n.e.s in item no. 2835.2s increased by +94.1% against 2016 indices. The growth pace was the most rapid in 2013 an increase of 58% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,500 per ton), while the price for Ireland ($1,120 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+18.3%), 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 Iran (FOB) - 2022

In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $894 per ton, approximately equating the previous year. Over the period under review, the export price, however, showed a abrupt curtailment. The growth pace was the most rapid in 2019 an increase of 61%. Over the period under review, the average export prices hit record highs at $5,563 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($14,440 per ton), while the average price for exports to Georgia ($428 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 (+29.4%), 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 Iran

In 2022, the amount of phosphates; n.e.s in item no. 2835.2s imported into Iran soared to 535 tons, jumping by 15% on 2021 figures. Over the period under review, imports, however, recorded a dramatic descent.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s soared to $945K in 2022. Overall, imports, however, showed a precipitous decline.

Import of Phosphates; N.E.S in Item No. 2835.2 in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland11113528.024430.0%
Turkey266367112136-20.0%
Germany517716152135-36.1%
China1,105804136124-51.8%
Luxembourg57711883.6106-43.2%
India31043726.170.5-39.0%
United Arab Emirates14817030.739.5-35.6%
Others22934585.490.6-26.6%
Total3,2633,093653945-33.8%

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

  1. Ireland (217.6 tons)
  2. China (94.0 tons)
  3. Turkey (70.2 tons)
  4. Germany (30.1 tons)
  5. India (29.8 tons)
  6. Luxembourg (29.6 tons)
  7. United Arab Emirates (27.2 tons)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of phosphates; n.e.s in item no. 2835.2s, when their volume increased by 21% to 124 tons. Over the period under review, exports, however, saw a abrupt descent.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s surged to $110K in 2022. In general, exports, however, showed a abrupt descent.

Export of Phosphates; N.E.S in Item No. 2835.2 in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India86.958.444.857.9-12.7%
Iraq40.825.017.420.6-20.4%
Georgia37.619.611.614.6-27.0%
Afghanistan16.324.314.414.4-4.0%
Malaysia21.9N/AN/AN/A0%
Others5.32.42.33.0-17.3%
Total20913090.5110-19.3%

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

  1. India (83.6 tons)
  2. Georgia (34.0 tons)
  3. Afghanistan (2.8 tons)
  4. Iraq (1.4 tons)

Source: IndexBox Market Intelligence Platform

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