Price for Phosphates; N.E.S in Item No. 2835.2 in Luxembourg - 2023
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in Luxembourg (CIF) - 2022
- Imports of Phosphates; N.E.S in Item No. 2835.2 in Luxembourg
Price for Phosphates; N.E.S in Item No. 2835.2 in Luxembourg (CIF) - 2022
The average import price for phosphates; n.e.s in item no. 2835.2s stood at $5,908 per ton in 2022, growing by 55% against the previous year. Over the period under review, import price indicated a prominent increase 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. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($5,970 per ton), while the price for Germany totaled $4,814 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.0%).
Imports of Phosphates; N.E.S in Item No. 2835.2 in Luxembourg
In 2022, the amount of phosphates; n.e.s in item no. 2835.2s imported into Luxembourg shrank significantly to 8.9 tons, with a decrease of -15.3% on 2021 figures. Over the period under review, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 36%.
In value terms, imports of phosphates; n.e.s in item no. 2835.2s surged to $53K in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.1% against 2020 indices. 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 Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 31.0 | 17.6 | 28.9 | 50.3 | 17.5% |
| Germany | 13.1 | 13.7 | 11.0 | 2.3 | -44.0% |
| Others | 0.9 | N/A | N/A | N/A | 0% |
| Total | 45.0 | 31.3 | 39.9 | 52.5 | 5.3% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Luxembourg in 2022:
- Belgium (8.4 tons)
- Germany (0.5 tons)
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