Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Italy - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Italy (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Italy (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Italy
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Italy
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Italy (FOB) - 2022
The average export price for fertilizers, mineral or chemical stood at $1,280 per ton in 2022, with an increase of 54% against the previous year. Over the period under review, the export price showed a prominent expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 837% against the previous year. The export price peaked at $3,072 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($17,667 per ton), while the average price for exports to Greece ($807 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 Bulgaria (+40.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Italy (CIF) - 2022
The average import price for fertilizers, mineral or chemical stood at $992 per ton in 2022, rising by 152% against the previous year. In general, the import price posted a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Croatia.
From 2012 to 2022, the rate of growth in terms of prices for Croatia amounted to +9.6% per year.
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Italy
In 2022, the amount of fertilizers, mineral or chemical exported from Italy soared to 262 tons, rising by 59% against 2021 figures. Over the period under review, exports, however, continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year.
In value terms, exports of fertilizers, mineral or chemical surged to $336K in 2022. In general, exports, however, saw a deep downturn.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 2.2 | N/A | 3.7 | 160 | 317.4% |
| Romania | 147 | 5.3 | 8.2 | 76.1 | -19.7% |
| Tunisia | N/A | N/A | 3.6 | 24.3 | 575.0% |
| France | 28.0 | 7.6 | N/A | 14.1 | -20.4% |
| Greece | 4.4 | 4.7 | 5.6 | 12.5 | 41.6% |
| Slovenia | N/A | 0.4 | 1.4 | 12.5 | 459.0% |
| Spain | 16.2 | N/A | N/A | N/A | 0% |
| Bosnia and Herzegovina | 3.1 | N/A | N/A | N/A | 0% |
| Syrian Arab Republic | 42.0 | 25.6 | 73.9 | N/A | 32.6% |
| United Kingdom | 177 | 146 | N/A | N/A | -17.5% |
| Others | 115 | 79.3 | 40.4 | 36.6 | -31.7% |
| Total | 534 | 269 | 137 | 336 | -14.3% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Italy in 2022:
- Austria (145.0 tons)
- Romania (67.5 tons)
- Greece (15.5 tons)
- Tunisia (12.1 tons)
- Slovenia (8.9 tons)
- France (8.7 tons)
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Italy
In 2022, purchases abroad of fertilizers, mineral or chemical decreased by -87.3% to 72 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 101%. As a result, imports attained the peak of 3.2K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fertilizers, mineral or chemical dropped notably to $71K in 2022. In general, imports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 171% against the previous year. As a result, imports reached the peak of $1.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 256 | 355 | N/A | 71.4 | -34.7% |
| Belgium | N/A | 20.9 | N/A | N/A | 0% |
| France | N/A | 532 | 10.8 | N/A | -98.0% |
| Poland | 4.4 | 78.2 | 168 | N/A | 517.9% |
| Romania | 128 | 66.8 | 36.4 | N/A | -46.7% |
| Others | N/A | N/A | 7.3 | N/A | 0% |
| Total | 388 | 1,053 | 223 | 71.4 | -43.1% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Italy in 2022:
- Croatia (72.0 tons)
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