Phosphates; of Potassium Price in Belgium - 2023
Contents:
- Phosphates; of Potassium Price in Belgium (FOB) - 2022
- Phosphates; of Potassium Price in Belgium (CIF) - 2022
- Phosphates; of Potassium Exports in Belgium
- Phosphates; of Potassium Imports in Belgium
Phosphates; of Potassium Price in Belgium (FOB) - 2022
The average phosphates; of potassium export price stood at $2,769 per ton in 2022, increasing by 68% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phosphates; of potassium export price increased by +81.7% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($3,638 per ton), while the average price for exports to Mexico ($1,162 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 Spain (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphates; of Potassium Price in Belgium (CIF) - 2022
In 2022, the average phosphates; of potassium import price amounted to $2,689 per ton, jumping by 33% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phosphates; of potassium import price increased by +56.8% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,687 per ton), while the price for Italy ($1,373 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphates; of Potassium Exports in Belgium
After three years of growth, overseas shipments of phosphates; of potassia decreased by -39.3% to 16K tons in 2022. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 14% against the previous year.
In value terms, phosphates; of potassium exports rose modestly to $44M in 2022. The total export value increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Phosphates; of Potassium in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2.4 | 3.5 | 4.4 | 7.4 | 45.5% |
| Netherlands | 5.4 | 6.2 | 9.7 | 6.2 | 4.7% |
| Spain | 1.9 | 2.2 | 4.7 | 5.1 | 39.0% |
| United Kingdom | 2.4 | 4.1 | 3.6 | 4.0 | 18.6% |
| United States | 2.0 | 3.0 | 2.4 | 3.4 | 19.3% |
| Germany | 2.0 | 2.1 | 2.9 | 3.0 | 14.5% |
| Finland | 0.9 | 1.0 | 1.2 | 2.2 | 34.7% |
| Poland | 1.7 | 1.5 | 1.9 | 2.0 | 5.6% |
| Mexico | 1.9 | 2.1 | 1.9 | 1.5 | -7.6% |
| Austria | 0.8 | 1.4 | 0.3 | 1.4 | 20.5% |
| Singapore | 1.3 | 1.3 | 1.6 | 1.2 | -2.6% |
| Italy | 0.8 | 0.9 | 1.0 | 1.1 | 11.2% |
| Russia | 1.3 | 0.4 | 0.2 | N/A | -60.8% |
| Others | 6.3 | 6.8 | 6.7 | 5.0 | -7.4% |
| Total | 31.0 | 36.3 | 42.6 | 43.5 | 12.0% |
Top Export Markets for Phosphates; of Potassium from Belgium in 2022:
- Russia (undefinedK tons)
- Netherlands (2.2K tons)
- France (2.2K tons)
- Spain (1.8K tons)
- United Kingdom (1.5K tons)
- Mexico (1.3K tons)
- United States (1.1K tons)
- Germany (1.0K tons)
- Poland (0.7K tons)
- Finland (0.6K tons)
- Singapore (0.5K tons)
- Austria (0.5K tons)
- Italy (0.4K tons)
Phosphates; of Potassium Imports in Belgium
In 2022, imports of phosphates; of potassia into Belgium surged to 4.7K tons, rising by 33% compared with 2021. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 93%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, phosphates; of potassium imports soared to $13M in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 88%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Phosphates; of Potassium in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 700 | 1,664 | 1,303 | 3,033 | 63.0% |
| Israel | 330 | 912 | 1,321 | 2,154 | 86.9% |
| Germany | 1,284 | 1,206 | 1,696 | 1,829 | 12.5% |
| Czech Republic | 178 | 640 | 682 | 1,381 | 98.0% |
| China | 407 | 508 | 409 | 1,296 | 47.1% |
| Netherlands | 482 | 745 | 534 | 1,014 | 28.1% |
| Italy | 0.2 | 0.4 | N/A | 253 | 981.5% |
| Others | 214 | 1,067 | 1,139 | 1,596 | 95.4% |
| Total | 3,596 | 6,743 | 7,084 | 12,554 | 51.7% |
Top Suppliers of Phosphates; of Potassium to Belgium in 2022:
- France (1438.2 tons)
- Israel (756.9 tons)
- Czech Republic (690.0 tons)
- China (677.4 tons)
- Germany (390.1 tons)
- Netherlands (384.1 tons)
- Italy (184.0 tons)
106
This report provides an in-depth analysis of the market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) in Belgium.
449
This report provides an in-depth analysis of the dicalcium phosphate market in Belgium.
307
This report provides an in-depth analysis of the sodium phosphates market in Belgium.
356
This report provides an in-depth analysis of the phosphinates and phosphonates market in Belgium.
344
This report provides an in-depth analysis of the sodium triphosphate market in Belgium.
116
This report provides an in-depth analysis of the global market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate).
1298
This report provides an in-depth analysis of the global dicalcium phosphate market.
590
This report provides an in-depth analysis of the global sodium phosphates market.
568
This report provides an in-depth analysis of the global phosphinates and phosphonates market.
552
This report provides an in-depth analysis of the global sodium triphosphate market.
838
In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
1270
In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
838
In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
1270
In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
