Phosphates; of Potassium Price in Algeria - 2022
Contents:
Phosphates; of Potassium Price in Algeria (CIF) - 2022
In 2022, the average phosphates; of potassium import price amounted to $2,086 per ton, rising by 83% against the previous year. In general, the import price, however, recorded a abrupt downturn. The import price peaked at $7,778 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($17,134 per ton), while the price for Germany ($2,406 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Phosphates; of Potassium Imports in Algeria
In 2022, supplies from abroad of phosphates; of potassia decreased by -37.7% to 23 tons, falling for the second year in a row after two years of growth. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 1,499% against the previous year. As a result, imports attained the peak of 113 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, phosphates; of potassium imports surged to $134K in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 294%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Phosphates; of Potassium in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | 1.9 | N/A | 69.5 | 504.8% |
| Italy | N/A | 2.0 | N/A | 61.7 | 455.4% |
| Germany | 4.4 | 11.6 | 12.8 | 2.9 | -13.0% |
| China | N/A | 100 | 20.0 | N/A | -80.0% |
| Tunisia | 16.6 | N/A | 4.9 | N/A | -45.7% |
| Others | 8.3 | N/A | 3.8 | N/A | -32.3% |
| Total | 29.3 | 116 | 41.5 | 134 | 66.0% |
Top Suppliers of Phosphates; of Potassium to Algeria in 2022:
- Belgium (18.0 tons)
- Italy (3.6 tons)
- Germany (1.2 tons)
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