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

Contents:

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

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

The average import price for phosphates; n.e.s in item no. 2835.2s stood at $1,862 per ton in 2022, rising by 11% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 +40.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 39% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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 Czech Republic ($4,317 per ton), while the price for China ($906 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+20.7%), 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 Romania (FOB) - 2022

The average export price for phosphates; n.e.s in item no. 2835.2s stood at $2,620 per ton in 2022, reducing by -29.2% against the previous year. Overall, the export price continues to indicate a perceptible slump. The growth pace was the most rapid in 2018 an increase of 13% against the previous year. As a result, the export price reached the peak level of $4,438 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($4,788 per ton), while the average price for exports to Poland ($1,177 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 Bulgaria (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of phosphates; n.e.s in item no. 2835.2s imported into Romania expanded rapidly to 462 tons, surging by 14% on 2021. In general, imports, however, recorded a abrupt decrease.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s soared to $860K in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China264138128205-8.1%
Bulgaria98.212612714313.3%
Germany47.972.591.413340.6%
Czech Republic119122112112-2.0%
Poland6.61.429.673.9123.7%
Slovenia42.768.992.931.8-9.4%
Hungary11.69.526.313.65.4%
Others21282.373.0148-11.3%
Total8026206818602.4%

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

  1. China (226.0 tons)
  2. Poland (53.4 tons)
  3. Germany (50.1 tons)
  4. Bulgaria (39.1 tons)
  5. Czech Republic (26.0 tons)
  6. Slovenia (17.8 tons)
  7. Hungary (11.2 tons)

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

In 2022, the amount of phosphates; n.e.s in item no. 2835.2s exported from Romania fell slightly to 12 tons, with a decrease of -4.3% compared with the previous year. Over the period under review, exports showed a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 60%.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s contracted markedly to $31K in 2022. In general, exports recorded a sharp reduction. The pace of growth was the most pronounced in 2021 when exports increased by 36%.

Export of Phosphates; N.E.S in Item No. 2835.2 in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria0.1N/A1.514.2421.7%
Moldova11.59.66.78.8-8.5%
PolandN/AN/A9.47.3-22.3%
Greece0.322.525.20.30.0%
Spain271N/AN/AN/A0%
Colombia163N/AN/AN/A0%
China22.2N/AN/AN/A0%
United States58.4N/AN/AN/A0%
India64.2N/AN/AN/A0%
Others17.81.93.30.6-67.7%
Total60934.046.131.2-62.9%

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

  1. Poland (6.2 tons)
  2. Bulgaria (3.7 tons)
  3. Moldova (1.8 tons)
  4. Greece (0.1 tons)

Source: IndexBox Market Intelligence Platform

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