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

Contents:

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

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

In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $1,799 per ton, picking up by 114% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($24,383 per ton), while the price for Iceland ($183 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+34.3%), 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 Norway (FOB) - 2022

In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $3,313 per ton, rising by 100% against the previous year. In general, the export price, however, saw a noticeable descent. The export price peaked at $4,598 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($5,870 per ton), while the average price for exports to Sweden ($1,728 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 France (+49.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of phosphates; n.e.s in item no. 2835.2s imported into Norway soared to 2K tons, increasing by 57% against the previous year's figure. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s skyrocketed to $3.7M in 2022. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. United Kingdom (736.1 tons)
2. Iceland (598.9 tons)
3. Finland (519.3 tons)
4. Sweden (121.8 tons)
5. Denmark (38.6 tons)
6. Germany (11.4 tons)
7. France (6.9 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of phosphates; n.e.s in item no. 2835.2s, when their volume decreased by -60% to 13 tons. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 594% against the previous year.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s fell remarkably to $43K in 2022. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 409%. As a result, the exports attained the peak of $67K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Sweden (11.1 tons)
2. Belgium (0.2 tons)
3. France (0.2 tons)

Source: IndexBox Market Intelligence Platform