Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Czech Republic - 2023

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Czech Republic (CIF) - 2023
  2. Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Czech Republic (FOB) - 2023
  3. Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Czech Republic
  4. Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Czech Republic

Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Czech Republic (CIF) - 2023

The average import price for fertilizers, mineral or chemical stood at $388 per ton in December 2023, surging by 6.8% against the previous month. Over the period under review, the import price, however, saw a abrupt descent. The pace of growth was the most pronounced in July 2023 an increase of 12% against the previous month. The import price peaked at $840 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Slovakia ($390 per ton), while the price for Lithuania amounted to $373 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (-5.8%), while the prices for the other major suppliers experienced a decline.

Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Czech Republic (FOB) - 2023

The average export price for fertilizers, mineral or chemical stood at $374 per ton in December 2023, standing approximately at the previous month. Overall, the export price saw a deep slump. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 196% month-to-month. As a result, the export price attained the peak level of $2,054 per ton. From July 2023 to December 2023, the the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From December 2022 to December 2023, the rate of growth in terms of prices for Germany amounted to -6.5% per month.

Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Czech Republic

In 2022, the amount of fertilizers, mineral or chemical imported into the Czech Republic skyrocketed to 32K tons, growing by 76% on the year before. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fertilizers, mineral or chemical surged to $12M in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia2.12.83.510.470.5%
Poland1.71.41.70.5-33.5%
Austria0.10.10.50.458.7%
GermanyN/A0.1N/A0.4100.0%
Others0.2N/AN/AN/A0%
Total4.04.45.711.743.0%

Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to the Czech Republic in 2022:

  1. Slovakia (29.4K tons)
  2. Austria (1.1K tons)
  3. Germany (0.9K tons)
  4. Poland (0.5K tons)

Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Czech Republic

In 2022, the amount of fertilizers, mineral or chemical exported from the Czech Republic fell markedly to 5.5K tons, with a decrease of -24.9% against the previous year's figure. Over the period under review, exports continue to indicate a abrupt decline. The smallest decline of -13.5% was in 2021.

In value terms, exports of fertilizers, mineral or chemical skyrocketed to $3.3M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,2752,1892,1402,085-2.9%
Slovakia63.820.596.9923143.7%
Austria38.7N/A330318101.8%
Others47.31.4N/AN/A-97.0%
Total2,4242,2112,5663,32611.1%

Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from the Czech Republic in 2022:

  1. Germany (3.1K tons)
  2. Slovakia (1.3K tons)
  3. Austria (1.0K tons)

Source: IndexBox Market Intelligence Platform

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