Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Saudi Arabia - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Saudi Arabia (FOB) - 2022
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Saudi Arabia
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Saudi Arabia (FOB) - 2022
In 2021, the average export price for fertilizers, mineral or chemical amounted to $454 per ton, growing by 13% against the previous year. Over the period under review, the export price, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 31% against the previous year. As a result, the export price reached the peak level of $637 per ton. From 2017 to 2021, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Kuwait.
From 2012 to 2021, the rate of growth in terms of prices for Kuwait amounted to +16.7% per year.
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Saudi Arabia
After three years of growth, shipments abroad of fertilizers, mineral or chemical decreased by -55.2% to 8.7K tons in 2022. Over the period under review, exports showed a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by 55%.
In value terms, exports of fertilizers, mineral or chemical dropped markedly to $4.7M in 2022. In general, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 60%.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Kuwait | 10.0 | N/A | 1.4 | -62.6% | |
| Yemen | 49.4 | N/A | N/A | 0% | |
| Djibouti | 87.6 | N/A | N/A | 0% | |
| Morocco | 132 | N/A | N/A | 0% | |
| Oman | 29.9 | 57.0 | N/A | 90.6% | |
| Egypt | 45.6 | N/A | N/A | 0% | |
| Algeria | 464 | N/A | N/A | 0% | |
| Iraq | 54.7 | N/A | N/A | 0% | |
| Others | 3,192 | 6,434 | 8,841 | 66.4% | |
| Total | 4,065 | 6,491 | 8,843 | 47.5% | |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Saudi Arabia in 2022:
1088
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666
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1564
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