Price for Fertilizers; Mineral or Chemical, Phosphatic in Poland - 2023

Contents:

1. Price for Fertilizers; Mineral or Chemical, Phosphatic in Poland (FOB) - 2023
2. Price for Fertilizers; Mineral or Chemical, Phosphatic in Poland (CIF) - 2022
3. Exports of Fertilizers; Mineral or Chemical, Phosphatic in Poland
4. Imports of Fertilizers; Mineral or Chemical, Phosphatic in Poland

Price for Fertilizers; Mineral or Chemical, Phosphatic in Poland (FOB) - 2023

The average export price for fertilizers; mineral or chemical, phosphatics stood at $366 per ton in June 2023, with a decrease of -19.6% against the previous month. Over the period under review, the export price showed a perceptible shrinkage. The pace of growth appeared the most rapid in January 2023 an increase of 42% m-o-m. As a result, the export price attained the peak level of $566 per ton. From February 2023 to June 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($735 per ton), while the average price for exports to Ukraine ($314 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fertilizers; Mineral or Chemical, Phosphatic in Poland (CIF) - 2022

In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $457 per ton, rising by 25% against the previous year. Over the period under review, the import price, however, recorded a noticeable setback. The growth pace was the most rapid in 2019 when the average import price increased by 375% against the previous year. As a result, import price attained the peak level of $1,809 per ton. From 2020 to 2022, the average import prices remained 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 Germany ($874 per ton), while the price for Morocco ($419 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.9%), while the prices for the other major suppliers experienced a decline.

Exports of Fertilizers; Mineral or Chemical, Phosphatic in Poland

For the fourth year in a row, Poland recorded growth in overseas shipments of fertilizers; mineral or chemical, phosphatics, which increased by 17% to 102K tons in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 13,592%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, fertilizers; mineral or chemical, phosphatic exports soared to $34M in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 7,606%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Poland in 2022:

1. Czech Republic (27.5K tons)
2. Ukraine (27.0K tons)
3. Germany (12.6K tons)
4. Hungary (9.8K tons)
5. Lithuania (6.6K tons)
6. Denmark (6.1K tons)
7. Spain (6.0K tons)

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Poland

For the fourth consecutive year, Poland recorded growth in purchases abroad of fertilizers; mineral or chemical, phosphatics, which increased by 51% to 59K tons in 2022. In general, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 13,683% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, fertilizers; mineral or chemical, phosphatic imports skyrocketed to $27M in 2022. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 3,136%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Poland in 2022:

1. Morocco (31.0K tons)
2. Netherlands (24.2K tons)
3. France (1.9K tons)
4. Germany (1.1K tons)

Source: IndexBox Market Intelligence Platform