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

Contents:

  1. Price for Phosphates; N.E.S in Item No. 2835.2 in Sweden (CIF) - 2022
  2. Price for Phosphates; N.E.S in Item No. 2835.2 in Sweden (FOB) - 2023
  3. Imports of Phosphates; N.E.S in Item No. 2835.2 in Sweden
  4. Exports of Phosphates; N.E.S in Item No. 2835.2 in Sweden

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

In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $1,016 per ton, leveling off at the previous year. Over the period under review, the import price, however, saw a noticeable descent. The pace of growth was the most pronounced in 2017 an increase of 76% against the previous year. Over the period under review, average import prices attained the maximum at $2,468 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($3,769 per ton), while the price for Finland ($724 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.3%), 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 Sweden (FOB) - 2023

The average export price for phosphates; n.e.s in item no. 2835.2s stood at $1,136 per ton in October 2023, rising by 15% against the previous month. Overall, the export price, however, recorded a mild descent. The export price peaked at $1,370 per ton in December 2022; however, from January 2023 to October 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Norway ($2,921 per ton), while the average price for exports to Iceland totaled $866 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+7.0%), while the prices for the other major destinations experienced a decline.

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

Imports of phosphates; n.e.s in item no. 2835.2s into Sweden skyrocketed to 5.8K tons in 2022, jumping by 18% against the previous year. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 222%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s soared to $5.9M in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 152% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Phosphates; N.E.S in Item No. 2835.2 in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/A0.63.13.6144.9%
France0.30.30.31.154.2%
Denmark0.80.91.30.80.0%
Others0.30.30.30.30.0%
Total1.42.05.05.961.5%

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

  1. Finland (5.0K tons)
  2. Denmark (0.4K tons)
  3. France (0.3K tons)

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

In 2022, exports of phosphates; n.e.s in item no. 2835.2s from Sweden reduced remarkably to 3.2K tons, waning by -40.2% compared with the previous year's figure. Over the period under review, exports saw a significant decrease. The smallest decline of -1% was in 2021.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s reduced to $4.1M in 2022. Overall, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 20%.

Export of Phosphates; N.E.S in Item No. 2835.2 in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1,2648621,3242,26221.4%
Norway58956976887314.0%
Iceland18320827330118.0%
Germany945769600231-37.5%
Czech Republic22.434.988.613280.6%
Poland26.353.411612065.9%
France25.8N/A14.542.317.9%
Finland26511.83.56.1-71.6%
Belgium54.355.4168N/A75.9%
Latvia12096.1N/AN/A-19.9%
Switzerland282276223N/A-11.1%
United Kingdom72768.10.4N/A-97.7%
Australia20199.0170N/A-8.0%
Others388337374111-34.1%
Total5,0933,4384,1244,080-7.1%

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

  1. Denmark (1639.3 tons)
  2. Norway (647.1 tons)
  3. Iceland (212.9 tons)
  4. Germany (208.1 tons)
  5. Poland (165.0 tons)
  6. France (146.3 tons)
  7. Czech Republic (94.7 tons)
  8. Finland (1.0 tons)

Source: IndexBox Market Intelligence Platform

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