Croatia - Mixed Fertilizers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMixed Fertilizer Price in Croatia - 2023
Contents:
- Mixed Fertilizer Price in Croatia (CIF) - 2023
- Mixed Fertilizer Price in Croatia (FOB) - 2023
- Mixed Fertilizer Imports in Croatia
- Mixed Fertilizer Exports in Croatia
Mixed Fertilizer Price in Croatia (CIF) - 2023
The average mixed fertilizer import price stood at $782 per ton in June 2023, growing by 11% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $890 per ton in August 2022; however, from September 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Slovenia ($2,797 per ton), while the price for Hungary ($372 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Mixed Fertilizer Price in Croatia (FOB) - 2023
The average mixed fertilizer export price stood at $790 per ton in June 2023, with an increase of 9.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 34% month-to-month. The export price peaked at $870 per ton in December 2022; however, from January 2023 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In June 2023, the countries with the highest prices were Albania ($760 per ton) and Hungary ($759 per ton), while the average price for exports to Slovenia ($720 per ton) and Moldova ($738 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Mixed Fertilizer Imports in Croatia
For the fourth consecutive year, Croatia recorded growth in overseas purchases of mixed fertilizers, which increased by 8.8% to 167K tons in 2022. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, mixed fertilizer imports skyrocketed to $131M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Mixed Fertilizer in Croatia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Serbia | 14.8 | 17.3 | 24.1 | 51.5 | 51.5% |
Italy | 7.8 | 6.9 | 11.7 | 20.3 | 37.6% |
Russia | 0.9 | 1.1 | 1.5 | 10.1 | 123.9% |
Austria | 2.1 | 2.0 | 4.3 | 9.7 | 66.5% |
Slovenia | 1.4 | 1.0 | 17.3 | 9.5 | 89.3% |
Bulgaria | 0.2 | 0.1 | N/A | 8.9 | 254.4% |
Poland | 1.1 | 2.2 | 2.9 | 8.0 | 93.7% |
Hungary | 2.6 | 1.3 | 0.5 | 3.7 | 12.5% |
Romania | 8.2 | 1.2 | 1.1 | 0.6 | -58.2% |
Turkey | 3.2 | 2.1 | 0.2 | 0.3 | -54.6% |
Jordan | 5.7 | N/A | 2.8 | N/A | -29.9% |
Morocco | 6.2 | 13.6 | 6.7 | N/A | 4.0% |
Others | 5.8 | 5.0 | 9.7 | 8.6 | 14.0% |
Total | 60.0 | 53.8 | 82.7 | 131 | 29.7% |
Top Suppliers of Mixed Fertilizer to Croatia in 2022:
- Jordan (undefinedK tons)
- Serbia (64.3K tons)
- Italy (24.6K tons)
- Poland (18.3K tons)
- Russia (13.6K tons)
- Austria (12.7K tons)
- Slovenia (9.6K tons)
- Bulgaria (9.6K tons)
- Hungary (4.0K tons)
- Romania (1.0K tons)
- Turkey (0.2K tons)
Mixed Fertilizer Exports in Croatia
For the third year in a row, Croatia recorded decline in shipments abroad of mixed fertilizers, which decreased by -46.1% to 49K tons in 2022. Over the period under review, exports showed a sharp decline. The smallest decline of -15% was in 2021.
In value terms, mixed fertilizer exports dropped sharply to $32M in 2022. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 20%.
Export of Mixed Fertilizer in Croatia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 9.6 | 4.7 | 9.0 | 11.9 | 7.4% |
Bosnia and Herzegovina | 9.2 | 9.0 | 7.4 | 4.9 | -18.9% |
Slovenia | 6.2 | 7.5 | 8.8 | 4.1 | -12.9% |
Serbia | 1.7 | 1.0 | 2.5 | 2.3 | 10.6% |
Slovakia | 2.1 | 0.8 | 1.4 | 2.1 | 0.0% |
Italy | 7.3 | 2.1 | 0.9 | 1.9 | -36.2% |
Bulgaria | 2.2 | 1.3 | 1.2 | 1.9 | -4.8% |
Austria | 3.9 | 2.1 | 0.5 | 1.2 | -32.5% |
Greece | 1.8 | 1.0 | 0.2 | N/A | -66.7% |
Others | 2.4 | 2.5 | 6.6 | 2.2 | -2.9% |
Total | 46.4 | 32.1 | 38.4 | 32.5 | -11.2% |
Top Export Markets for Mixed Fertilizer from Croatia in 2022:
- Hungary (17.6K tons)
- Bosnia and Herzegovina (7.0K tons)
- Slovenia (5.0K tons)
- Bulgaria (4.0K tons)
- Italy (3.5K tons)
- Serbia (3.5K tons)
- Slovakia (3.5K tons)
- Austria (1.7K tons)
This report provides an in-depth analysis of the mixed fertilizer market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20157130 -
- Prodcom 20157180 -
- Prodcom 20157200 - Diammonium hydrogenorthophosphate (diammonium phosphate) (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
- Prodcom 20157300 - Ammonium dihydrogenorthophosphate (monoammonium phosphate)
- Prodcom 20157400 - Other mineral or chemical fertilisers containing the two fertilising elements nitrogen and phosphorus
- Prodcom 20157500 - Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium
- Prodcom 20157100 - Mineral or chemical fertilisers containing the three fertilising elements nitrogen, phosphorus and potassium (excluding those in tablets or similar forms, or in packages with a gross weight of . .10 kg)
- Prodcom 20157200 - Diammonium hydrogenorthophosphate (diammonium phosphate) (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
- Prodcom 20157300 - Ammonium dihydrogenorthophosphate (monoammonium phosphate)
- Prodcom 20157400 - Other mineral or chemical fertilisers containing the two fertilising elements nitrogen and phosphorus
- Prodcom 20157500 - Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium
Country coverage:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the mixed fertilizer market in Croatia.
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Monoammonium phosphate (MAP) is a widely used fertiliser that provides essential nutrients to plants, promoting healthy growth and increasing crop yields. This article explores the top import markets for MAP, including Brazil, Canada, Australia, Argentina, the United States, India, South Africa, Mexico, Paraguay, and Japan. These countries have significant agricultural industries and high demand for MAP to support their crop productivity.
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Fertilizer prices continue to ramp up due to a shortage in supply caused by lower output in EU countries. High natural gas costs shape that growth because gas accounts for up to 80% of variable costs in nitrogen fertilizer production. Urea prices spiked exceptionally high to $900 per ton in November 2021, gaining 30% against the previous month. Phosphate rock price rose by 4%, while diammonium phosphate and triple superphosphate were both up by 8%. Next year, fertilizer prices are projected to climb further due to a continued shortage in supply, but if costs for natural gas maintain their downward trend, they will hold the price increases back.
Discover the world's best import markets for mixed fertilizer and their key statistics. Gain insights into the demand and importance of fertilizers in global agriculture.
Monoammonium phosphate (MAP) is a widely used fertiliser that provides essential nutrients to plants, promoting healthy growth and increasing crop yields. This article explores the top import markets for MAP, including Brazil, Canada, Australia, Argentina, the United States, India, South Africa, Mexico, Paraguay, and Japan. These countries have significant agricultural industries and high demand for MAP to support their crop productivity.