Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Russia - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Russia (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Russia (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Russia
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Russia
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Russia (FOB) - 2022
The average export price for fertilizers, mineral or chemical stood at $487 per ton in 2022, growing by 47% against the previous year. Over the period under review, the export price continues to indicate tangible growth. The most prominent rate of growth was recorded in 2021 an increase of 58% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($830 per ton), while the average price for exports to Lithuania ($238 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 Ireland (+32.2%), 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 Russia (CIF) - 2022
The average import price for fertilizers, mineral or chemical stood at $25,600 per ton in 2022, picking up by 8,536% against the previous year. Over the period under review, the import price posted significant growth. 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 Turkey.
From 2013 to 2022, the rate of growth in terms of prices for Turkey amounted to +35.7% per year.
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Russia
After three years of growth, overseas shipments of fertilizers, mineral or chemical decreased by -52.4% to 78K tons in 2022. Over the period under review, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 11%.
In value terms, exports of fertilizers, mineral or chemical dropped sharply to $38M in 2022. In general, total exports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +13.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 62% against the previous year. As a result, the exports reached the peak of $54M, and then reduced remarkably in the following year.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 14.6 | 19.8 | 30.4 | 11.9 | -6.6% |
| Estonia | 7.9 | 6.4 | 13.3 | 8.2 | 1.3% |
| Lithuania | N/A | 0.7 | 3.9 | 6.5 | 204.7% |
| Bulgaria | N/A | N/A | N/A | 4.0 | 0% |
| Ireland | 1.0 | N/A | N/A | 3.9 | 57.4% |
| Angola | 3.2 | N/A | N/A | 3.3 | 1.0% |
| Sweden | 5.2 | 5.1 | 5.2 | N/A | 0.0% |
| United Kingdom | 3.0 | N/A | N/A | N/A | 0% |
| Others | 0.6 | 1.7 | 1.5 | 0.3 | -20.6% |
| Total | 35.4 | 33.6 | 54.3 | 38.1 | 2.5% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Russia in 2022:
- Lithuania (27.2K tons)
- Latvia (19.1K tons)
- Estonia (13.4K tons)
- Bulgaria (8.8K tons)
- Ireland (5.7K tons)
- Angola (3.9K tons)
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Russia
In 2022, supplies from abroad of fertilizers, mineral or chemical decreased by 99.9% to 5 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a dramatic setback.
In value terms, imports of fertilizers, mineral or chemical reduced sharply to $128 in 2022. In general, imports recorded a precipitous contraction.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 0.1 | 0% |
| Iran | 5.3 | N/A | N/A | N/A | 0% |
| Israel | N/A | N/A | 59.0 | N/A | 0% |
| Others | N/A | N/A | 1.0 | N/A | 0% |
| Total | 5.3 | N/A | 60.0 | 0.1 | -73.4% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Russia in 2022:
- Turkey (5.0 kg)
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