Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the UK - 2024
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the UK (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the UK (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the UK
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the UK
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the UK (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical amounted to $347 per ton, growing by 14% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 40%. The import price peaked at $351 per ton in 2013; however, from 2014 to 2022, import prices stood 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 Belgium ($735 per ton), while the price for Germany ($304 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the UK (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical amounted to $813 per ton, growing by 142% against the previous year. In general, the export price enjoyed measured growth. Over the period under review, the average export prices attained the maximum at $2,136 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($2,140 per ton), while the average price for exports to Oman ($244 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 Australia (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the UK
Imports of fertilizers, mineral or chemical into the UK soared to 201K tons in 2022, rising by 188% against the year before. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fertilizers, mineral or chemical skyrocketed to $70M in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.3 | 0.8 | 4.9 | 27.2 | 349.2% |
| Germany | 8.0 | 7.2 | 13.3 | 26.6 | 49.3% |
| Belgium | 1.9 | 0.4 | N/A | 4.8 | 36.2% |
| Greece | N/A | N/A | N/A | 4.6 | 0% |
| Poland | N/A | N/A | 0.6 | 2.7 | 350.0% |
| Netherlands | 5.8 | 0.6 | 1.5 | 2.3 | -26.5% |
| France | N/A | 1.5 | N/A | 1.4 | -3.4% |
| Russia | 3.0 | N/A | N/A | N/A | 0% |
| Others | 2.3 | 0.1 | 0.8 | N/A | -41.0% |
| Total | 21.3 | 10.7 | 21.2 | 69.5 | 48.3% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to the UK in 2022:
- Germany (87.4K tons)
- Spain (81.2K tons)
- Greece (9.5K tons)
- Poland (8.5K tons)
- Belgium (6.5K tons)
- Netherlands (4.5K tons)
- France (3.0K tons)
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the UK
In 2022, overseas shipments of fertilizers, mineral or chemical decreased by -33.4% to 975 tons, falling for the second year in a row after two years of growth. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 2,366%. As a result, the exports attained the peak of 1.6K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of fertilizers, mineral or chemical surged to $792K in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 905% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | 319 | 373 | 61.4 | -56.1% |
| Iceland | N/A | N/A | N/A | 52.4 | 0% |
| Czech Republic | N/A | N/A | N/A | 37.1 | 0% |
| Australia | 22.0 | 25.4 | 12.1 | 32.3 | 13.7% |
| South Korea | N/A | 140 | N/A | N/A | 0% |
| Peru | 32.5 | 65.8 | N/A | N/A | 102.5% |
| Others | 0.2 | 0.3 | 106 | 609 | 1349.4% |
| Total | 54.8 | 551 | 491 | 792 | 143.6% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from the UK in 2022:
- Oman (251.5 tons)
- Iceland (81.3 tons)
- Czech Republic (35.6 tons)
- Australia (30.9 tons)
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