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

Contents:

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

Price for Phosphates; N.E.S in Item No. 2835.2 in Switzerland (CIF) - 2023

The average import price for phosphates; n.e.s in item no. 2835.2s stood at $1,373 per ton in November 2023, shrinking by -35% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 139% against the previous month. The import price peaked at $6,175 per ton in July 2023; however, from August 2023 to November 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($6,153 per ton), while the price for France stood at $901 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.2%), while the prices for the other major suppliers experienced a decline.

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

The average export price for phosphates; n.e.s in item no. 2835.2s stood at $30,927 per ton in 2022, dropping by -34.7% against the previous year. In general, the export price, however, showed a strong increase. The growth pace was the most rapid in 2019 an increase of 78%. The export price peaked at $47,349 per ton in 2021, and then dropped significantly in the following year.

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 the United States ($66,686 per ton), while the average price for exports to France ($10,000 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 the Czech Republic (+37.5%), 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 Switzerland

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 -26.3% to 2.3K tons. Over the period under review, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +3.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports attained the peak of 3.1K tons, and then contracted rapidly in the following year.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s reduced to $6.8M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. As a result, imports attained the peak of $7.4M, and then contracted in the following year.

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

1. France (1497.0 tons)
2. Finland (494.8 tons)
3. Germany (139.4 tons)
4. Spain (72.4 tons)
5. Japan (13.4 tons)
6. Netherlands (1.0 tons)

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

Exports of phosphates; n.e.s in item no. 2835.2s from Switzerland surged to 7.8 tons in 2022, growing by 16% against 2021. The total export volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports reached 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 contracted remarkably to $242K in 2022. Overall, exports, however, continue to indicate a noticeable setback. The growth pace was the most rapid in 2021 when exports increased by 25%. As a result, the exports reached the peak of $319K, and then fell notably in the following year.

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

1. Germany (3.8 tons)
2. Spain (3.3 tons)
3. United Kingdom (0.3 tons)
4. France (0.1 tons)

Source: IndexBox Market Intelligence Platform