Price for Fertilizers; Mineral or Chemical, Phosphatic in Panama - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Panama (CIF) - 2022
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Panama
Price for Fertilizers; Mineral or Chemical, Phosphatic in Panama (CIF) - 2022
The average import price for fertilizers; mineral or chemical, phosphatics stood at $267 per ton in 2022, surging by 28% against the previous year. Overall, the import price, however, saw a abrupt slump. Over the period under review, average import prices attained the peak figure at $647 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Colombia ($534 per ton), while the price for Guatemala totaled $154 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+6.5%).
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Panama
In 2022, purchases abroad of fertilizers; mineral or chemical, phosphatics decreased by -41% to 793 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a precipitous descent. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. As a result, imports attained the peak of 2.2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, fertilizers; mineral or chemical, phosphatic imports dropped dramatically to $212K in 2022. Overall, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 30%. As a result, imports attained the peak of $430K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 232 | 357 | 209 | 116 | -20.6% |
| Colombia | 32.8 | 23.3 | 15.8 | 13.4 | -25.8% |
| Ukraine | 15.7 | N/A | N/A | N/A | 0% |
| Others | 50.1 | 48.9 | 55.3 | 81.9 | 17.8% |
| Total | 331 | 430 | 280 | 212 | -13.8% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Panama in 2022:
- Guatemala (756.7 tons)
- Colombia (25.0 tons)
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This report provides an in-depth analysis of the phosphatic fertilizer market in Panama.
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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 Panama.
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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.
