Nitrites; Nitrates Price in Tunisia - 2022

Nitrites; Nitrates Price in Tunisia (CIF) - 2022

In 2022, the average nitrites; nitrates import price amounted to $840 per ton, remaining stable against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 8.1% against the previous year. As a result, import price reached the peak level of $970 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($1,605 per ton), while the price for Poland ($314 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+76.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Nitrites; Nitrates Price in Tunisia (FOB) - 2022

The average nitrites; nitrates export price stood at $4,157 per ton in 2021, approximately mirroring the previous year. Over the period under review, the export price saw a significant expansion. The pace of growth was the most pronounced in 2016 an increase of 21%. The export price peaked in 2021 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for France.

From 2015 to 2021, the rate of growth in terms of prices for Libya amounted to +22.3% per year.

Nitrites; Nitrates Imports in Tunisia

Nitrites; nitrates imports into Tunisia surged to 3.1K tons in 2022, rising by 30% compared with the year before. Overall, imports, however, showed a abrupt shrinkage.

In value terms, nitrites; nitrates imports soared to $2.6M in 2022. In general, imports, however, continue to indicate a drastic downturn.

Import of Nitrites; Nitrates in Tunisia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Chile	951	N/A	500	932	-0.7%
Netherlands	103	N/A	380	620	81.9%
Jordan	95.5	N/A	188	296	45.8%
Denmark	103	N/A	89.3	193	23.3%
Belarus	N/A	N/A	69.7	166	138.2%
Spain	N/A	N/A	N/A	135	0%
Russia	261	N/A	14.5	78.4	-33.0%
Poland	28.7	N/A	6.9	68.5	33.6%
France	782	N/A	149	7.2	-79.0%
China	162	N/A	42.3	N/A	-48.9%
Latvia	318	N/A	152	N/A	-30.9%
United Arab Emirates	238	N/A	266	N/A	5.7%
Others	242	N/A	143	109	-23.3%
Total	3,285	N/A	2,001	2,606	-7.4%

Top Suppliers of Nitrites; Nitrates to Tunisia in 2022:

Chile (1404.3 tons)
Netherlands (490.0 tons)
Jordan (392.0 tons)
Poland (218.1 tons)
Spain (153.7 tons)
Belarus (144.0 tons)
Denmark (120.0 tons)
Russia (96.0 tons)
France (10.7 tons)

Nitrites; Nitrates Exports in Tunisia

Nitrites; nitrates exports from Tunisia stood at 17 tons in 2021, therefore, remained relatively stable against 2020. In general, exports recorded a abrupt slump. The smallest decline of 99.9% was in 2020.

In value terms, nitrites; nitrates exports stood at $70K in 2021. Over the period under review, exports saw a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in the near future.