Phosphates; of Potassium Price in Luxembourg - 2023
Contents:
- Phosphates; of Potassium Price in Luxembourg (CIF) - 2022
- Phosphates; of Potassium Price in Luxembourg (FOB) - 2022
- Phosphates; of Potassium Imports in Luxembourg
- Phosphates; of Potassium Exports in Luxembourg
Phosphates; of Potassium Price in Luxembourg (CIF) - 2022
In 2022, the average phosphates; of potassium import price amounted to $16,386 per ton, jumping by 53% against the previous year. Overall, the import price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 69% against the previous year. The import price peaked at $44,917 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($35,150 per ton), while the price for Israel ($4,207 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.1%).
Phosphates; of Potassium Price in Luxembourg (FOB) - 2022
In 2022, the average phosphates; of potassium export price amounted to $8,000 per ton, approximately reflecting the previous year. In general, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 932% against the previous year. Over the period under review, the average export prices reached the maximum at $13,867 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +30.1% per year.
Phosphates; of Potassium Imports in Luxembourg
In 2022, supplies from abroad of phosphates; of potassia decreased by -59.7% to 157 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2021 with an increase of 101%. As a result, imports attained the peak of 390 kg, and then declined remarkably in the following year.
In value terms, phosphates; of potassium imports fell remarkably to $2.6K in 2022. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports reached the peak of $4.2K, and then shrank remarkably in the following year.
| Import of Phosphates; of Potassium in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.3 | 0.2 | 0.5 | 1.6 | 74.7% |
| Germany | 2.7 | 2.8 | 3.7 | 0.9 | -30.7% |
| Spain | 0.2 | N/A | N/A | N/A | 0% |
| Israel | N/A | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.6 | N/A | N/A | 100.0% |
| Total | 3.5 | 3.6 | 4.2 | 2.6 | -9.4% |
Top Suppliers of Phosphates; of Potassium to Luxembourg in 2022:
- Germany (102.0 kg)
- Belgium (46.0 kg)
- Israel (9.0 kg)
Phosphates; of Potassium Exports in Luxembourg
Phosphates; of potassium exports from Luxembourg amounted to 4 kg in 2022, approximately equating 2021 figures. Overall, exports saw a dramatic shrinkage. The smallest decline of 99.9% was in 2020.
In value terms, phosphates; of potassium exports totaled $32 in 2022. In general, exports showed a precipitous decline. The smallest decline of -99.9% was in 2020.
| Export of Phosphates; of Potassium in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 50.7 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 50.7 | 0.1 | N/A | N/A | -99.8% |
Top Export Markets for Phosphates; of Potassium from Luxembourg in 2022:
- Netherlands (4.0 kg)
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