Price for Phosphates; N.E.S in Item No. 2835.2 in Indonesia - 2022

Contents:

  1. Price for Phosphates; N.E.S in Item No. 2835.2 in Indonesia (CIF) - 2022
  2. Price for Phosphates; N.E.S in Item No. 2835.2 in Indonesia (FOB) - 2022
  3. Imports of Phosphates; N.E.S in Item No. 2835.2 in Indonesia
  4. Exports of Phosphates; N.E.S in Item No. 2835.2 in Indonesia

Price for Phosphates; N.E.S in Item No. 2835.2 in Indonesia (CIF) - 2022

The average import price for phosphates; n.e.s in item no. 2835.2s stood at $817 per ton in 2022, rising by 17% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decrease. Over the period under review, average import prices reached the peak figure at $1,123 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,762 per ton), while the price for Japan ($489 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Phosphates; N.E.S in Item No. 2835.2 in Indonesia (FOB) - 2022

In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $2,927 per ton, with an increase of 21% against the previous year. Over the period under review, the export price enjoyed a measured increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 84% against the previous year. As a result, the export price attained the peak level of $4,715 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guyana ($3,552 per ton), while the average price for exports to Malaysia ($1,215 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 Singapore (+3.9%), while the prices for the other major destinations experienced a decline.

Imports of Phosphates; N.E.S in Item No. 2835.2 in Indonesia

Imports of phosphates; n.e.s in item no. 2835.2s into Indonesia shrank to 3.6K tons in 2022, falling by -13.9% compared with the previous year. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s stood at $3M in 2022. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 15%.

Import of Phosphates; N.E.S in Item No. 2835.2 in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0468601,0571,1412.9%
Japan7976386138482.1%
Germany362357212317-4.3%
Thailand80.776.918327450.3%
Taiwan (Chinese)236102199115-21.3%
Others960531681261-35.2%
Total3,4822,5642,9452,956-5.3%

Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Indonesia in 2022:

  1. Japan (1734.0 tons)
  2. China (1576.0 tons)
  3. Thailand (105.9 tons)
  4. Germany (66.7 tons)
  5. Taiwan (Chinese) (66.0 tons)

Exports of Phosphates; N.E.S in Item No. 2835.2 in Indonesia

In 2022, shipments abroad of phosphates; n.e.s in item no. 2835.2s decreased by -39% to 4.9 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 61% against the previous year. As a result, the exports attained the peak of 11 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s reduced dramatically to $14K in 2022. Over the period under review, total exports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -41.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 78%. As a result, the exports attained the peak of $25K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Phosphates; N.E.S in Item No. 2835.2 in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GuyanaN/AN/AN/A7.10%
Singapore0.11.4N/A4.8263.4%
Malaysia4.98.35.11.3-35.7%
Vietnam3.114.49.70.7-39.1%
BangladeshN/AN/AN/A0.50%
Sri LankaN/AN/A3.8N/A0%
Canada3.7N/AN/AN/A0%
Others2.10.61.0N/A-31.0%
Total13.924.719.614.41.2%

Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Indonesia in 2022:

  1. Guyana (2002.0 kg)
  2. Singapore (1350.0 kg)
  3. Malaysia (1080.0 kg)
  4. Vietnam (294.0 kg)
  5. Bangladesh (200.0 kg)

Source: IndexBox Market Intelligence Platform

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