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

Contents:

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

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

In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $3,984 per ton, with an increase of 43% against the previous year. Overall, the import price enjoyed buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 India ($8,970 per ton), while the price for China ($524 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.6%), 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 Uruguay (FOB) - 2022

In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $6,832 per ton, with an increase of 23% against the previous year. Over the period under review, the export price posted a remarkable increase. The pace of growth appeared the most rapid in 2016 an increase of 89% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +7.7% per year.

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

In 2022, approx. 48 tons of phosphates; n.e.s in item no. 2835.2s were imported into Uruguay; shrinking by -2.9% on the previous year. In general, imports saw a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 5.2%.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s skyrocketed to $190K in 2022. Over the period under review, imports saw a relatively flat trend pattern.

Import of Phosphates; N.E.S in Item No. 2835.2 in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany58.621.836.872.47.3%
France27.510.31.858.028.2%
Spain6.45.35.923.454.1%
United States2.32.59.823.0115.4%
IndiaN/A0.30.88.7438.5%
China8.83.43.80.3-67.6%
Colombia6.63.24.3N/A-19.3%
Sweden6.71.20.3N/A-78.8%
Others76.972.873.64.3-61.8%
Total194121137190-0.7%

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

  1. Germany (24.9 tons)
  2. France (10.4 tons)
  3. Spain (7.2 tons)
  4. United States (3.1 tons)
  5. India (1.0 tons)
  6. China (0.6 tons)

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

In 2022, shipments abroad of phosphates; n.e.s in item no. 2835.2s increased by 100% to 447 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a precipitous setback.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s surged to $3.1K in 2022. In general, exports, however, showed a abrupt setback.

Export of Phosphates; N.E.S in Item No. 2835.2 in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile4.93.11.03.1-14.2%
OthersN/AN/A0.2N/A0%
Total4.93.11.23.1-14.2%

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

  1. Chile (447.0 kg)

Source: IndexBox Market Intelligence Platform

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