Price for Fertilizers; Mineral or Chemical, Phosphatic in Bulgaria - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Bulgaria (FOB) - 2022
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Bulgaria (CIF) - 2022
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Bulgaria
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Bulgaria
Price for Fertilizers; Mineral or Chemical, Phosphatic in Bulgaria (FOB) - 2022
In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $611 per ton, increasing by 13% against the previous year. Over the period under review, the export price enjoyed pronounced growth. The most prominent rate of growth was recorded in 2021 an increase of 90% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($853 per ton), while the average price for exports to Bangladesh ($546 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 Brazil (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Bulgaria (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $785 per ton, increasing by 117% against the previous year. In general, the import price recorded a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($971 per ton), while the price for Israel ($557 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+80.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Bulgaria
In 2022, the amount of fertilizers; mineral or chemical, phosphatics exported from Bulgaria soared to 281K tons, picking up by 147% compared with 2021 figures. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 333%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, fertilizers; mineral or chemical, phosphatic exports skyrocketed to $171M in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 723% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Fertilizers; Mineral or Chemical, Phosphatic in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | N/A | N/A | 17.3 | 78.5 | 353.8% |
| Brazil | 9.4 | N/A | N/A | 75.1 | 99.9% |
| Romania | 3.6 | 4.5 | 11.1 | 10.7 | 43.8% |
| Ukraine | 4.3 | 0.1 | 12.7 | 1.2 | -34.7% |
| United States | N/A | N/A | 14.8 | N/A | 0% |
| Others | 3.1 | 2.8 | 5.4 | 5.8 | 23.2% |
| Total | 20.4 | 7.4 | 61.3 | 171 | 103.1% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Bulgaria in 2022:
- Bangladesh (144.0K tons)
- Brazil (116.9K tons)
- Romania (12.6K tons)
- Ukraine (1.3K tons)
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Bulgaria
In 2022, the amount of fertilizers; mineral or chemical, phosphatics imported into Bulgaria declined rapidly to 15K tons, falling by -57.1% against 2021. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 588% against the previous year. As a result, imports reached the peak of 36K tons, and then contracted rapidly in the following year.
In value terms, fertilizers; mineral or chemical, phosphatic imports declined to $12M in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 690% against the previous year. As a result, imports attained the peak of $13M, and then reduced in the following year.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | 0.2 | 0.3 | 6.6 | 474.5% |
| Israel | 0.7 | 1.3 | 4.5 | 2.8 | 58.7% |
| Portugal | N/A | N/A | 0.1 | 1.3 | 1200.0% |
| Romania | N/A | N/A | N/A | 0.7 | 0% |
| Latvia | N/A | 0.1 | 0.3 | 0.4 | 100.0% |
| Belarus | N/A | N/A | N/A | 0.2 | 0% |
| Morocco | N/A | N/A | 7.6 | N/A | 0% |
| Serbia | 0.4 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Total | 1.2 | 1.6 | 13.0 | 12.1 | 116.0% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Bulgaria in 2022:
- Spain (7.3K tons)
- Israel (5.0K tons)
- Portugal (1.5K tons)
- Romania (0.7K tons)
- Latvia (0.4K tons)
- Belarus (0.3K tons)
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This report provides an in-depth analysis of the phosphatic fertilizer market in Bulgaria.
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This report provides an in-depth analysis of the global phosphatic fertilizer market.
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This report provides an in-depth analysis of the phosphatic fertilizer market in Bulgaria.
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This report provides an in-depth analysis of the global phosphatic fertilizer market.
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Explore the top 10 countries by import value of phosphatic fertilizer in 2023. Learn about the key players in the global agricultural industry and their reliance on imported fertilizer.
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Explore the top 10 countries by import value of phosphatic fertilizer in 2023. Learn about the key players in the global agricultural industry and their reliance on imported fertilizer.
