Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Malaysia - 2024
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Malaysia (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Malaysia (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Malaysia
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Malaysia
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Malaysia (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $323 per ton, rising by 87% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 161% against the previous year. As a result, import price attained the peak level of $497 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
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 Belgium ($684 per ton), while the price for Australia ($139 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+23.9%), 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 Malaysia (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $1,089 per ton, which is down by -11.8% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 40% against the previous year. Over the period under review, the average export prices hit record highs at $1,235 per ton in 2021, and then fell in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($3,321 per ton), while the average price for exports to Egypt stood at $826 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+26.4%), 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 Malaysia
In 2022, supplies from abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by -65% to 18K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 748% against the previous year.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses declined notably to $5.8M in 2022. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 247% against the previous year.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.2 | 1.1 | 1.4 | 3.4 | 157.1% |
| Australia | N/A | 1.0 | 3.0 | 1.6 | 26.5% |
| Belgium | 0.8 | 1.3 | 2.3 | 0.8 | 0.0% |
| Egypt | N/A | 0.1 | 2.2 | N/A | 2100.0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 1.0 | 3.6 | 8.9 | 5.8 | 79.7% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Malaysia in 2022:
- Australia (11.7K tons)
- China (5.2K tons)
- Belgium (1.2K tons)
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Malaysia
In 2022, the amount of fertilizers, mineral or chemical; containing nitrates and phosphateses exported from Malaysia soared to 86 tons, jumping by 50% compared with the year before. Overall, exports, however, showed a perceptible contraction.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses surged to $94K in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 60% against the previous year. As a result, the exports reached the peak of $116K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 64.3 | 72.1 | 41.9 | 63.4 | -0.5% |
| Vietnam | 5.8 | 33.0 | 27.8 | 30.1 | 73.1% |
| Others | 2.5 | 11.1 | 1.2 | N/A | -30.7% |
| Total | 72.5 | 116 | 70.9 | 93.5 | 8.8% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Malaysia in 2022:
- Egypt (76.8 tons)
- Vietnam (9.1 tons)
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