Nitrites; Nitrates Price in Poland - 2023
Contents:
- Nitrites; Nitrates Price in Poland (FOB) - 2022
- Nitrites; Nitrates Price in Poland (CIF) - 2022
- Nitrites; Nitrates Exports in Poland
- Nitrites; Nitrates Imports in Poland
Nitrites; Nitrates Price in Poland (FOB) - 2022
In 2022, the average nitrites; nitrates export price amounted to $854 per ton, increasing by 46% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nitrites; nitrates export price increased by +57.5% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,431 per ton), while the average price for exports to the United States ($567 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 Germany (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Nitrites; Nitrates Price in Poland (CIF) - 2022
The average nitrites; nitrates import price stood at $981 per ton in 2022, rising by 39% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nitrites; nitrates import price increased by +68.8% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Germany ($2,779 per ton), while the price for Hungary ($224 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Nitrites; Nitrates Exports in Poland
After three years of growth, shipments abroad of nitrites; nitrateses decreased by -14.4% to 51K tons in 2022. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 23%.
In value terms, nitrites; nitrates exports skyrocketed to $44M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.0% 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 +64.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nitrites; Nitrates in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.3 | 5.8 | 7.2 | 8.7 | 18.0% |
| Czech Republic | 2.4 | 2.6 | 3.3 | 4.6 | 24.2% |
| Italy | 2.7 | 2.2 | 4.2 | 4.5 | 18.6% |
| Spain | 1.5 | 1.8 | 2.5 | 3.7 | 35.1% |
| Netherlands | 1.2 | 1.3 | 2.2 | 2.4 | 26.0% |
| Brazil | 0.7 | 0.7 | 1.9 | 1.8 | 37.0% |
| United States | 0.5 | 1.6 | 0.7 | 1.6 | 47.4% |
| Greece | 0.1 | 0.2 | 0.9 | 1.5 | 146.6% |
| Austria | N/A | N/A | 0.1 | 1.4 | 1300.0% |
| France | 0.7 | 0.9 | 0.8 | 1.2 | 19.7% |
| Romania | 1.8 | 2.4 | 1.6 | 1.1 | -15.1% |
| Lithuania | 0.2 | 0.4 | 0.4 | 0.9 | 65.1% |
| Vietnam | 0.3 | 0.2 | 0.5 | 0.7 | 32.6% |
| Others | 9.0 | 12.0 | 8.7 | 9.4 | 1.5% |
| Total | 26.5 | 32.1 | 34.9 | 43.5 | 18.0% |
Top Export Markets for Nitrites; Nitrates from Poland in 2022:
- Italy (6.1K tons)
- Germany (6.1K tons)
- Czech Republic (4.7K tons)
- Spain (4.2K tons)
- Brazil (2.9K tons)
- Netherlands (2.9K tons)
- United States (2.8K tons)
- Greece (2.4K tons)
- Romania (1.6K tons)
- Austria (1.3K tons)
- Lithuania (1.1K tons)
- France (1.1K tons)
- Vietnam (1.1K tons)
Nitrites; Nitrates Imports in Poland
Nitrites; nitrates imports into Poland rose remarkably to 26K tons in 2022, surging by 12% against 2021 figures. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, nitrites; nitrates imports skyrocketed to $26M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nitrites; Nitrates in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | N/A | N/A | 1.0 | 6.2 | 520.0% |
| Jordan | 0.6 | 3.0 | 3.0 | 6.0 | 115.4% |
| Netherlands | 0.6 | 0.5 | 0.5 | 2.1 | 51.8% |
| Belgium | 1.4 | 2.2 | 2.3 | 2.1 | 14.5% |
| Chile | 0.6 | 0.2 | 2.1 | 1.7 | 41.5% |
| Israel | 1.3 | 1.0 | 0.8 | 1.5 | 4.9% |
| Norway | 0.4 | 0.5 | 0.5 | 1.1 | 40.1% |
| Denmark | 1.1 | 0.7 | 1.2 | 0.9 | -6.5% |
| Germany | 0.6 | 0.6 | 1.1 | 0.9 | 14.5% |
| Hungary | 0.5 | 0.2 | 0.3 | 0.5 | 0.0% |
| Russia | 4.3 | 2.1 | 1.9 | 0.2 | -64.0% |
| China | 0.5 | 0.6 | 0.2 | 0.1 | -41.5% |
| Ukraine | 0.2 | 0.2 | 0.3 | N/A | 22.5% |
| Others | 1.1 | 1.8 | 1.2 | 2.0 | 22.1% |
| Total | 13.3 | 13.6 | 16.5 | 25.5 | 24.2% |
Top Suppliers of Nitrites; Nitrates to Poland in 2022:
- Belarus (6.2K tons)
- Jordan (4.6K tons)
- Norway (3.3K tons)
- Chile (2.2K tons)
- Hungary (2.1K tons)
- Israel (1.9K tons)
- Netherlands (1.5K tons)
- Belgium (1.4K tons)
- Denmark (0.9K tons)
- Germany (0.3K tons)
- China (0.2K tons)
- Russia (0.2K tons)
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