Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Pakistan - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Pakistan (CIF) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Pakistan
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Pakistan (CIF) - 2022
The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $1,089 per ton in 2022, remaining stable against the previous year. In general, the import price continues to indicate buoyant growth. The growth pace was the most rapid in 2016 an increase of 91%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,125 per ton), while the price for Jordan stood at $597 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%), while the prices for the other major suppliers experienced a decline.
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Pakistan
For the third consecutive year, Pakistan recorded decline in overseas purchases of fertilizers, mineral or chemical; containing nitrates and phosphateses, which decreased by 0% to 149 tons in 2022. In general, imports showed a significant expansion. The smallest decline of -85.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $162K in 2022. Overall, imports recorded a significant expansion. The smallest decline of -88.6% was in 2020. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.0 | 1.0 | N/A | 155 | 195.6% |
| Jordan | 0.9 | 0.1 | N/A | 5.4 | 81.7% |
| United Arab Emirates | 7.9 | 0.8 | N/A | N/A | -89.9% |
| Iran | 2.9 | 0.3 | N/A | N/A | -89.7% |
| Others | 6.4 | 0.6 | N/A | 1.7 | -35.7% |
| Total | 24.1 | 2.8 | N/A | 162 | 88.7% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Pakistan in 2022:
- China (138.0 tons)
- Jordan (9.0 tons)
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