Phosphates; of Potassium Price in Egypt - 2023

Contents:

1. Phosphates; of Potassium Price in Egypt (CIF) - 2022
2. Phosphates; of Potassium Price in Egypt (FOB) - 2022
3. Phosphates; of Potassium Imports in Egypt
4. Phosphates; of Potassium Exports in Egypt

Phosphates; of Potassium Price in Egypt (CIF) - 2022

The average phosphates; of potassium import price stood at $1,614 per ton in 2021, with an increase of 18% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 48%. As a result, import price attained the peak level of $2,475 per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the United States ($1,614 per ton) and Jordan ($1,614 per ton), while the price for China ($1,614 per ton) and Germany ($1,614 per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Phosphates; of Potassium Price in Egypt (FOB) - 2022

In 2021, the average phosphates; of potassium export price amounted to $457 per ton, waning by -60.1% against the previous year. Overall, the export price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2016 when the average export price increased by 119%. Over the period under review, the average export prices reached the maximum at $1,316 per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($37,378 per ton), while the average price for exports to Sudan ($5,043 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+21.4%).

Phosphates; of Potassium Imports in Egypt

In 2022, imports of phosphates; of potassia into Egypt dropped to 287 tons, declining by -6.8% on the previous year. In general, imports continue to indicate a precipitous curtailment. The smallest decline of -3.3% was in 2021.

In value terms, phosphates; of potassium imports soared to $778K in 2022. Overall, imports continue to indicate a abrupt shrinkage.

Top Suppliers of Phosphates; of Potassium to Egypt in 2022:

1. China (173.9 tons)
2. United States (94.6 tons)
3. Jordan (23.4 tons)
4. Germany (9.5 tons)
5. Belgium (7.0 tons)

Phosphates; of Potassium Exports in Egypt

In 2022, after three years of growth, there was significant decline in overseas shipments of phosphates; of potassia, when their volume decreased by -40% to 1.2K tons. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 401%. As a result, the exports reached the peak of 1.9K tons, and then contracted markedly in the following year.

In value terms, phosphates; of potassium exports plummeted to $660K in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 204%.

Top Export Markets for Phosphates; of Potassium from Egypt in 2022:

1. Malaysia (12.1 tons)
2. Sudan (10.6 tons)
3. France (0.4 tons)

Source: IndexBox Market Intelligence Platform