Price for Fertilizers; Mineral or Chemical, Nitrogenous in Algeria - 2022
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Algeria (FOB) - 2022
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Algeria (CIF) - 2022
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Algeria
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Algeria
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Algeria (FOB) - 2022
In 2022, the average export price for fertilizers; mineral or chemical, nitrogenoi amounted to $357 per ton, falling by -20.4% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fertilizers; mineral or chemical, nitrogenous export price increased by +32.5% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 66%. As a result, the export price attained the peak level of $449 per ton, and then reduced dramatically in the following year.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Argentina ($418 per ton) and Ireland ($415 per ton), while the average price for exports to the United States ($305 per ton) and Brazil ($309 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Algeria (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, nitrogenoi amounted to $250 per ton, reducing by -6.4% against the previous year. Overall, the import price continues to indicate a deep contraction. The growth pace was the most rapid in 2017 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs at $488 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($314 per ton), while the price for Spain ($189 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.6%), while the prices for the other major suppliers experienced a decline.
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Algeria
Fertilizers; mineral or chemical, nitrogenous exports from Algeria stood at 4.1M tons in 2022, therefore, remained relatively stable against the year before. The total export volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when exports increased by 12% against the previous year. As a result, the exports reached the peak of 4.1M tons; afterwards, it flattened through to 2022.
In value terms, fertilizers; mineral or chemical, nitrogenous exports shrank rapidly to $1.5B in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.0% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 64%. As a result, the exports reached the peak of $1.8B, and then fell sharply in the following year.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 282 | 395 | 398 | 197 | -11.3% |
| France | 76.6 | 61.9 | 147 | 150 | 25.1% |
| India | 44.3 | 34.7 | 119 | 113 | 36.6% |
| United States | 117 | 74.5 | 306 | 81.2 | -11.5% |
| Italy | 31.3 | 11.8 | 37.8 | 77.2 | 35.1% |
| Spain | 50.4 | 87.4 | 147 | 54.5 | 2.6% |
| Ireland | 9.0 | 8.4 | 52.6 | 53.2 | 80.8% |
| Poland | 10.2 | 17.8 | 28.9 | 51.1 | 71.1% |
| Belgium | 4.0 | 1.7 | 13.2 | 41.1 | 117.4% |
| Argentina | 61.7 | 57.3 | 38.0 | 38.2 | -14.8% |
| Mexico | 58.3 | 29.9 | 33.5 | 20.4 | -29.5% |
| Uruguay | 28.6 | 42.1 | 16.2 | 14.7 | -19.9% |
| United Kingdom | 21.0 | 30.8 | 15.6 | 1.9 | -55.1% |
| Others | 291 | 266 | 480 | 582 | 26.0% |
| Total | 1,085 | 1,119 | 1,832 | 1,476 | 10.8% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Algeria in 2022:
- Brazil (639.4K tons)
- France (431.1K tons)
- India (329.4K tons)
- United States (265.8K tons)
- Italy (201.2K tons)
- Poland (139.9K tons)
- Spain (135.6K tons)
- Ireland (128.2K tons)
- Belgium (108.9K tons)
- Argentina (91.3K tons)
- Mexico (51.9K tons)
- Uruguay (42.5K tons)
- United Kingdom (5.4K tons)
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Algeria
In 2022, approx. 79K tons of fertilizers; mineral or chemical, nitrogenoi were imported into Algeria; jumping by 38% against the previous year. Over the period under review, imports, however, showed a abrupt descent.
In value terms, fertilizers; mineral or chemical, nitrogenous imports surged to $20M in 2022. In general, imports, however, saw a abrupt decline.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 7.8 | 3.9 | 2.8 | 4.3 | -18.0% |
| Spain | 2.8 | 3.5 | 2.4 | 4.1 | 13.6% |
| Romania | 1.8 | 1.7 | 1.3 | 2.0 | 3.6% |
| Russia | 2.8 | 1.9 | 0.6 | 2.0 | -10.6% |
| Ukraine | 1.5 | 1.6 | 1.1 | 1.6 | 2.2% |
| Sweden | 1.3 | 1.3 | 0.9 | 1.3 | 0.0% |
| Belgium | 0.9 | N/A | 0.1 | 0.1 | -51.9% |
| Others | 5.9 | 10.3 | 6.1 | 4.4 | -9.3% |
| Total | 24.8 | 24.3 | 15.2 | 19.8 | -7.2% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Algeria in 2022:
- Spain (21.6K tons)
- Egypt (18.5K tons)
- Russia (9.4K tons)
- Ukraine (8.3K tons)
- Romania (8.0K tons)
- Sweden (5.7K tons)
- Belgium (0.4K tons)
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