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

Contents:

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

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

The average import price for phosphates; n.e.s in item no. 2835.2s stood at $1,465 per ton in 2022, rising by 34% against the previous year. Over the period under review, the import price continues to indicate moderate growth. The most prominent rate of growth was recorded in 2015 an increase of 84% against the previous year. As a result, import price attained the peak level of $1,768 per ton. From 2016 to 2022, the average import prices remained at a somewhat 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 Germany ($7,349 per ton), while the price for China ($724 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+9.9%), 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 New Zealand (FOB) - 2022

In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $2,693 per ton, which is down by -20.9% against the previous year. Over the period under review, the export price continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2014 an increase of 220%. As a result, the export price attained the peak level of $10,649 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($5,377 per ton), while the average price for exports to New Caledonia amounted to $2,381 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Caledonia (+9.9%), 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 New Zealand

In 2022, purchases abroad of phosphates; n.e.s in item no. 2835.2s decreased by -19.4% to 1.9K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 31% against the previous year. As a result, imports reached the peak of 3.6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s expanded remarkably to $2.8M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 24%. As a result, imports reached the peak of $2.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Phosphates; N.E.S in Item No. 2835.2 in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,1531,0461,3131,108-1.3%
United States4243381515619.8%
Germany3404231723692.8%
France11819923128634.3%
Australia172167300132-8.4%
Sweden88.71841501097.1%
EgyptN/A456179N/A-60.7%
Others40.888.178.122476.4%
Total2,3372,9012,5742,7876.0%

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

  1. China (1528.9 tons)
  2. United States (94.1 tons)
  3. France (80.4 tons)
  4. Sweden (72.0 tons)
  5. Germany (50.2 tons)
  6. Australia (38.0 tons)

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

In 2022, approx. 2.4 tons of phosphates; n.e.s in item no. 2835.2s were exported from New Zealand; which is down by -62.7% compared with 2021 figures. Overall, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 63%.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s plummeted to $6.4K in 2022. Over the period under review, exports recorded a dramatic decrease. The growth pace was the most rapid in 2021 when exports increased by 98% against the previous year.

Export of Phosphates; N.E.S in Item No. 2835.2 in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Caledonia5.2N/A4.55.1-0.6%
Fiji9.30.70.61.3-48.1%
French Polynesia11.94.75.1N/A-34.5%
SingaporeN/A1.80.3N/A-83.3%
Australia15.93.811.2N/A-16.1%
OthersN/AN/AN/AN/A0%
Total42.210.921.66.4-46.7%

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

  1. New Caledonia (2.1 tons)
  2. Fiji (0.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Phosphates; n.e.s in item no. 2835.2 - New Zealand