Phosphates; of Potassium Price in Indonesia - 2022
Contents:
- Phosphates; of Potassium Price in Indonesia (CIF) - 2022
- Phosphates; of Potassium Price in Indonesia (FOB) - 2022
- Phosphates; of Potassium Imports in Indonesia
- Phosphates; of Potassium Exports in Indonesia
Phosphates; of Potassium Price in Indonesia (CIF) - 2022
The average phosphates; of potassium import price stood at $2,603 per ton in 2022, increasing by 49% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phosphates; of potassium import price increased by +80.6% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,171 per ton), while the price for China ($2,393 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphates; of Potassium Price in Indonesia (FOB) - 2022
In 2022, the average phosphates; of potassium export price amounted to $5,465 per ton, rising by 42% against the previous year. In general, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 172% against the previous year. As a result, the export price attained the peak level of $5,680 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($10,075 per ton), while the average price for exports to Australia ($4,798 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 Thailand (+37.1%), while the prices for the other major destinations experienced mixed trend patterns.
Phosphates; of Potassium Imports in Indonesia
In 2022, phosphates; of potassium imports into Indonesia skyrocketed to 14K tons, jumping by 34% against the year before. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 42% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, phosphates; of potassium imports soared to $35M in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Phosphates; of Potassium in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.9 | 6.4 | 10.2 | 20.4 | 60.9% |
| Thailand | 2.8 | 4.3 | 4.1 | 8.1 | 42.5% |
| Germany | 2.4 | 2.2 | 2.8 | 5.6 | 32.6% |
| Others | 0.4 | 0.5 | 0.6 | 1.2 | 44.2% |
| Total | 10.5 | 13.5 | 17.6 | 35.3 | 49.8% |
Top Suppliers of Phosphates; of Potassium to Indonesia in 2022:
- China (8.5K tons)
- Thailand (3.3K tons)
- Germany (1.6K tons)
Phosphates; of Potassium Exports in Indonesia
In 2022, approx. 2.5 tons of phosphates; of potassia were exported from Indonesia; with a decrease of -79.8% compared with 2021. Over the period under review, exports recorded a dramatic descent. The pace of growth was the most pronounced in 2021 when exports increased by 234% against the previous year.
In value terms, phosphates; of potassium exports contracted markedly to $13K in 2022. Overall, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 163%.
| Export of Phosphates; of Potassium in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 40.5 | 13.5 | 20.9 | 12.0 | -33.3% |
| Australia | 0.5 | 1.2 | 1.7 | 0.8 | 17.0% |
| Singapore | 1.7 | 1.1 | 1.2 | 0.6 | -29.3% |
| Hungary | 1.2 | N/A | 14.7 | N/A | 250.0% |
| China | N/A | 0.2 | 7.3 | N/A | 3550.0% |
| Malaysia | 4.3 | N/A | 0.5 | N/A | -65.9% |
| Others | N/A | 1.8 | 0.7 | N/A | -61.1% |
| Total | 48.2 | 17.9 | 47.0 | 13.5 | -34.6% |
Top Export Markets for Phosphates; of Potassium from Indonesia in 2022:
- India (2230.0 kg)
- Australia (174.0 kg)
- Singapore (64.0 kg)
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