Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Luxembourg - 2023

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Luxembourg (CIF) - 2022
  2. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Luxembourg (FOB) - 2022
  3. Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Luxembourg
  4. Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Luxembourg

Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Luxembourg (CIF) - 2022

In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $1,099 per ton, rising by 24% against the previous year. Over the period under review, the import price enjoyed a notable increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 69% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($1,256 per ton), while the price for Belgium ($923 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+65.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Luxembourg (FOB) - 2022

In 2022, the average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $3,999 per ton, shrinking by -25.2% against the previous year. Overall, the export price, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2019 an increase of 219% against the previous year. The export price peaked at $5,349 per ton in 2021, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($10,243 per ton), while the average price for exports to Belgium ($2,751 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 France (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Luxembourg

In 2022, approx. 470 tons of fertilizers, mineral or chemical; containing nitrates and phosphateses were imported into Luxembourg; picking up by 62% against the year before. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 196% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses soared to $516K in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 254% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium36.143.286.720377.8%
NetherlandsN/AN/A10.61861654.7%
Germany10329.31291277.2%
France7.4N/A28.6N/A96.6%
OthersN/AN/A0.7N/A0%
Total14772.525651652.0%

Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Luxembourg in 2022:

  1. Belgium (220.3 tons)
  2. Netherlands (147.8 tons)
  3. Germany (101.7 tons)

Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Luxembourg

Exports of fertilizers, mineral or chemical; containing nitrates and phosphateses from Luxembourg skyrocketed to 65 tons in 2022, rising by 19% against the previous year's figure. Overall, exports, however, recorded a precipitous decline.

In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses contracted to $261K in 2022. Over the period under review, exports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 140%.

Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10258.642.61112.9%
France28249.123080.1-34.3%
Belgium92.414.921.770.2-8.8%
Others3.3N/AN/AN/A0%
Total480123294261-18.4%

Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Luxembourg in 2022:

  1. Germany (31.9 tons)
  2. Belgium (25.5 tons)
  3. France (7.8 tons)

Source: IndexBox Market Intelligence Platform

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