Phosphates; of Potassium Price in Denmark - 2023
Contents:
- Phosphates; of Potassium Price in Denmark (CIF) - 2022
- Phosphates; of Potassium Price in Denmark (FOB) - 2022
- Phosphates; of Potassium Imports in Denmark
- Phosphates; of Potassium Exports in Denmark
Phosphates; of Potassium Price in Denmark (CIF) - 2022
In 2022, the average phosphates; of potassium import price amounted to $3,555 per ton, growing by 64% against the previous year. In general, the import price continues to indicate prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Belgium ($11,447 per ton), while the price for the Netherlands ($3,226 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphates; of Potassium Price in Denmark (FOB) - 2022
In 2022, the average phosphates; of potassium export price amounted to $2,692 per ton, jumping by 45% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phosphates; of potassium export price increased by +71.3% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($4,177 per ton), while the average price for exports to Germany ($1,990 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 Japan (+73.2%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphates; of Potassium Imports in Denmark
In 2022, the amount of phosphates; of potassia imported into Denmark totaled 469 tons, growing by 2.1% against the previous year's figure. In general, imports, however, faced a abrupt decrease.
In value terms, phosphates; of potassium imports soared to $1.7M in 2022. Over the period under review, imports enjoyed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Phosphates; of Potassium in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 646 | 522 | 610 | 943 | 13.4% |
| Netherlands | 212 | 202 | 255 | 359 | 19.2% |
| Israel | 145 | N/A | N/A | 226 | 15.9% |
| Czech Republic | 39.9 | 12.0 | 31.9 | 104 | 37.6% |
| France | 90.8 | 0.8 | 1.4 | 1.3 | -75.7% |
| Others | 145 | 67.9 | 97.0 | 33.9 | -38.4% |
| Total | 1,278 | 805 | 996 | 1,666 | 9.2% |
Top Suppliers of Phosphates; of Potassium to Denmark in 2022:
- Germany (258.6 tons)
- Netherlands (111.1 tons)
- Israel (68.5 tons)
- Czech Republic (25.0 tons)
- France (0.1 tons)
Phosphates; of Potassium Exports in Denmark
In 2022, exports of phosphates; of potassia from Denmark fell notably to 56 tons, reducing by -49.5% on 2021. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 123% against the previous year. As a result, the exports attained the peak of 110 tons, and then declined remarkably in the following year.
In value terms, phosphates; of potassium exports dropped sharply to $150K in 2022. Over the period under review, exports, however, continue to indicate a modest increase. The growth pace was the most rapid in 2021 with an increase of 136%. As a result, the exports attained the peak of $205K, and then contracted remarkably in the following year.
| Export of Phosphates; of Potassium in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 41.0 | 55.7 | 82.9 | 111 | 39.4% |
| Germany | 11.8 | 4.6 | 12.5 | 30.8 | 37.7% |
| Norway | 27.7 | 5.5 | 8.0 | 2.5 | -55.1% |
| Japan | N/A | N/A | 53.8 | 0.2 | -99.6% |
| Faroe Islands | 57.1 | 16.2 | 44.0 | N/A | -12.2% |
| Others | 4.8 | 4.9 | 4.1 | 5.7 | 5.9% |
| Total | 142 | 86.9 | 205 | 150 | 1.8% |
Top Export Markets for Phosphates; of Potassium from Denmark in 2022:
- Sweden (38.4 tons)
- Germany (15.5 tons)
- Norway (1.0 tons)
- Japan (0.1 tons)
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