Price for Fertilizers; Mineral or Chemical, Phosphatic in Colombia - 2022
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Colombia (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Colombia (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Colombia
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Colombia
Price for Fertilizers; Mineral or Chemical, Phosphatic in Colombia (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $614 per ton, waning by -2.5% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.6% 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, phosphatic import price increased by +73.5% against 2017 indices. The pace of growth appeared the most rapid in 2020 an increase of 41%. The import price peaked at $630 per ton in 2021, and then dropped modestly in the following year.
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 Brazil ($711 per ton), while the price for Mexico ($446 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+1.3%), while the prices for the other major suppliers experienced a decline.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Colombia (FOB) - 2022
The average export price for fertilizers; mineral or chemical, phosphatics stood at $209 per ton in 2022, increasing by 9.7% against the previous year. In general, the export price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2018 an increase of 26% against the previous year. Over the period under review, the average export prices attained the maximum at $329 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($1,713 per ton), while the average price for exports to Guatemala ($59 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 Venezuela (+16.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Colombia
In 2022, imports of fertilizers; mineral or chemical, phosphatics into Colombia shrank rapidly to 2.7K tons, which is down by -17.8% compared with the previous year's figure. Overall, imports faced a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 61%.
In value terms, fertilizers; mineral or chemical, phosphatic imports dropped markedly to $1.6M in 2022. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 66% against the previous year.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 518 | 310 | 542 | 679 | 9.4% |
| Mexico | 825 | 557 | 602 | 416 | -20.4% |
| Spain | 108 | 60.7 | 317 | 220 | 26.8% |
| Morocco | 902 | 92.8 | 121 | 145 | -45.6% |
| China | 398 | 63.7 | 122 | 85.5 | -40.1% |
| Others | 331 | 150 | 344 | 96.2 | -33.8% |
| Total | 3,083 | 1,235 | 2,048 | 1,642 | -18.9% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Colombia in 2022:
- Brazil (954.5 tons)
- Mexico (932.4 tons)
- Spain (329.9 tons)
- Morocco (310.9 tons)
- China (121.8 tons)
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Colombia
In 2022, exports of fertilizers; mineral or chemical, phosphatics from Colombia shrank dramatically to 1.3K tons, with a decrease of -22.9% compared with 2021. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year. As a result, the exports reached the peak of 1.7K tons, and then fell remarkably in the following year.
In value terms, fertilizers; mineral or chemical, phosphatic exports reduced remarkably to $280K in 2022. Overall, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year.
| Export of Fertilizers; Mineral or Chemical, Phosphatic in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 178 | 116 | 163 | 135 | -8.8% |
| Chile | 98.2 | 69.8 | 107 | 96.3 | -0.6% |
| Guatemala | 30.6 | 16.4 | 21.6 | 16.4 | -18.8% |
| Ecuador | 6.5 | 8.9 | 17.7 | 13.4 | 27.3% |
| Costa Rica | 11.9 | 1.3 | 13.6 | 10.3 | -4.7% |
| Others | 20.0 | 16.4 | 8.4 | 8.5 | -24.8% |
| Total | 345 | 229 | 331 | 280 | -6.7% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Colombia in 2022:
- Chile (735.1 tons)
- Guatemala (276.6 tons)
- Ecuador (127.7 tons)
- Costa Rica (95.1 tons)
- Venezuela (78.9 tons)
282
This report provides an in-depth analysis of the phosphatic fertilizer market in Colombia.
309
This report provides an in-depth analysis of the global phosphatic fertilizer market.
282
This report provides an in-depth analysis of the phosphatic fertilizer market in Colombia.
309
This report provides an in-depth analysis of the global phosphatic fertilizer market.
162
Explore the top 10 countries by import value of phosphatic fertilizer in 2023. Learn about the key players in the global agricultural industry and their reliance on imported fertilizer.
162
Explore the top 10 countries by import value of phosphatic fertilizer in 2023. Learn about the key players in the global agricultural industry and their reliance on imported fertilizer.
