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

Contents:

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

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

In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $618 per ton, with a decrease of -27.9% against the previous year. Overall, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by 33%. Over the period under review, average import prices reached the peak figure at $1,470 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($13,107 per ton), while the price for Greece ($236 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+31.9%), 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 Ireland (FOB) - 2022

The average export price for phosphates; n.e.s in item no. 2835.2s stood at $3,542 per ton in 2022, declining by -49.6% against the previous year. Overall, the export price showed a abrupt shrinkage. The growth pace was the most rapid in 2021 an increase of 54%. The export price peaked at $7,282 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +1.2% per year.

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

For the fourth year in a row, Ireland recorded growth in purchases abroad of phosphates; n.e.s in item no. 2835.2s, which increased by 18% to 5K tons in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 132%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s shrank dramatically to $3.1M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 103% against the previous year. As a result, imports reached the peak of $3.6M, and then declined notably in the following year.

Import of Phosphates; N.E.S in Item No. 2835.2 in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2464411,0631,23971.4%
Spain8.7N/A1,270628316.4%
GreeceN/AN/AN/A4560%
United Kingdom10724881335048.4%
Netherlands54773098.1129-38.2%
FinlandN/A225N/A69.3-44.5%
Sweden17187.020221.2-50.1%
Others16152.71791895.5%
Total1,2401,7853,6253,08135.4%

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

  1. Greece (1931.3 tons)
  2. France (1503.5 tons)
  3. Spain (1063.0 tons)
  4. United Kingdom (329.4 tons)
  5. Finland (100.0 tons)
  6. Sweden (24.4 tons)
  7. Netherlands (9.8 tons)

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

In 2022, exports of phosphates; n.e.s in item no. 2835.2s from Ireland soared to 28 tons, increasing by 1,854% against the previous year. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 15,867%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s surged to $99K in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 24,551% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Phosphates; N.E.S in Item No. 2835.2 in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A3.495.52708.8%
Switzerland2.5N/AN/AN/A0%
OthersN/AN/A6.73.9-41.8%
Total2.5N/A10.199.5241.4%

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

  1. United Kingdom (27.8 tons)

Source: IndexBox Market Intelligence Platform

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