Price for Phosphates; N.E.S in Item No. 2835.2 in Peru - 2022

Contents:

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

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

The average import price for phosphates; n.e.s in item no. 2835.2s stood at $4,318 per ton in 2022, with a decrease of -6% against the previous year. In general, the import price, however, posted a tangible increase. The pace of growth appeared the most rapid in 2019 an increase of 97%. Over the period under review, average import prices hit record highs at $4,609 per ton in 2020; however, from 2021 to 2022, import prices stood 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 the United States ($8,481 per ton), while the price for China ($1,611 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+17.9%), 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 Peru (FOB) - 2022

In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $10,115 per ton, with a decrease of -73.7% against the previous year. Over the period under review, the export price, however, continues to indicate a strong increase. The growth pace was the most rapid in 2019 an increase of 1,149% against the previous year. Over the period under review, the average export prices attained the peak figure at $53,533 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($13,563 per ton), while the average price for exports to Bolivia stood at $7,848 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+43.5%), 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 Peru

In 2022, after three years of growth, there was significant decline in overseas purchases of phosphates; n.e.s in item no. 2835.2s, when their volume decreased by -15.9% to 347 tons. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 19%.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s fell significantly to $1.5M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 27%.

Import of Phosphates; N.E.S in Item No. 2835.2 in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany49063575798326.1%
China34.963.244.621783.9%
Brazil27.632.086.515477.4%
United States78.186.056.866.9-5.0%
France11.118.025.127.535.3%
Chile9.813.537.615.115.5%
Canada18.616.92.54.1-39.6%
Colombia20820555.4N/A-48.4%
Others53171983132.1-60.8%
Total1,4091,7881,8971,5002.1%

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

  1. Germany (163.9 tons)
  2. China (134.8 tons)
  3. Brazil (26.0 tons)
  4. United States (7.9 tons)
  5. France (6.0 tons)
  6. Chile (3.0 tons)
  7. Canada (2.2 tons)

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

In 2022, shipments abroad of phosphates; n.e.s in item no. 2835.2s decreased by -54.5% to 600 kg, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,148%. As a result, the exports attained the peak of 1.6 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s shrank notably to $6.1K in 2022. Overall, exports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 1,591%. As a result, the exports attained the peak of $86K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Phosphates; N.E.S in Item No. 2835.2 in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile0.20.51.83.2152.0%
Bolivia0.11.11.62.8203.7%
Belize2.963.232.8N/A236.3%
Others1.820.714.6N/A184.8%
Total5.185.550.76.16.1%

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

  1. Bolivia (362.0 kg)
  2. Chile (238.0 kg)

Source: IndexBox Market Intelligence Platform

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