Price for Phosphates; N.E.S in Item No. 2835.2 in Paraguay - 2024

Contents:

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

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

The average import price for phosphates; n.e.s in item no. 2835.2s stood at $2,397 per ton in 2022, with an increase of 24% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.6% 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 +54.5% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 25%. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($6,144 per ton), while the price for China ($1,830 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), 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 Paraguay (FOB) - 2022

In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $2,929 per ton, increasing by 12% against the previous year. Over the period under review, the export price posted a resilient increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +15.8% per year.

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

In 2022, imports of phosphates; n.e.s in item no. 2835.2s into Paraguay soared to 213 tons, growing by 24% on 2021 figures. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.4% 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 +83.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 50%. Over the period under review, imports of attained the maximum 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 soared to $509K in 2022. Over the period under review, imports saw a significant increase. 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 Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China49.982.312233789.0%
Brazil12616119017010.5%
Others34.526.319.33.1-55.2%
Total21027033150934.3%

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

  1. China (184.0 tons)
  2. Brazil (27.6 tons)

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

After two years of decline, overseas shipments of phosphates; n.e.s in item no. 2835.2s increased by 75% to 14 kg in 2022. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s soared to $41 in 2022. In general, exports posted a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Phosphates; N.E.S in Item No. 2835.2 in Paraguay (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia27.025.021.041.014.9%
OthersN/AN/AN/AN/A0%
Total27.025.021.041.014.9%

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

  1. Bolivia (14.0 kg)

Source: IndexBox Market Intelligence Platform

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