Phosphates; of Potassium Price in Russia - 2022
Contents:
- Phosphates; of Potassium Price in Russia (CIF) - 2022
- Phosphates; of Potassium Price in Russia (FOB) - 2022
- Phosphates; of Potassium Imports in Russia
- Phosphates; of Potassium Exports in Russia
Phosphates; of Potassium Price in Russia (CIF) - 2022
The average phosphates; of potassium import price stood at $2,639 per ton in January 2022, rising by 34% against the previous month. Over the period under review, import price indicated pronounced growth from January 2021 to January 2022: its price increased at an average monthly rate of +3.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, phosphates; of potassium import price increased by +87.3% against June 2021 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($5,584 per ton), while the price for Israel ($2,344 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by China (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphates; of Potassium Price in Russia (FOB) - 2022
In January 2022, the average phosphates; of potassium export price amounted to $2,659 per ton, increasing by 25% against the previous month. Overall, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in March 2021 an increase of 61% against the previous month. Over the period under review, the average export prices hit record highs in January 2022.
Average prices varied somewhat for the major external markets. In January 2022, the country with the highest price was Belarus ($3,728 per ton), while the average price for exports to Kazakhstan ($2,603 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphates; of Potassium Imports in Russia
Phosphates; of potassium imports into Russia contracted to 5K tons in 2022, reducing by -12.9% against the year before. Overall, imports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports reached the peak of 5.7K tons, and then contracted in the following year.
In value terms, phosphates; of potassium imports shrank sharply to $7.4M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, imports reached the peak of $8.9M, and then fell significantly in the following year.
Import of Phosphates; of Potassium in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Israel | 2.2 | 1.9 | 5.7 | 5.6 | 36.5% |
China | 2.8 | 2.6 | 2.0 | 1.0 | -29.1% |
Belgium | 1.4 | 0.6 | 0.5 | 0.4 | -34.1% |
Germany | 0.3 | 0.4 | 0.5 | 0.3 | 0.0% |
Others | 0.4 | 0.3 | 0.3 | 0.1 | -37.0% |
Total | 7.1 | 5.9 | 8.9 | 7.4 | 1.4% |
Top Suppliers of Phosphates; of Potassium to Russia in 2022:
- Israel (3.6K tons)
- China (1.1K tons)
- Belgium (0.2K tons)
- Germany (0.1K tons)
Phosphates; of Potassium Exports in Russia
Phosphates; of potassium exports from Russia expanded modestly to 1.4K tons in 2022, with an increase of 3.1% against the previous year's figure. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 274%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, phosphates; of potassium exports declined to $2M in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 199% against the previous year.
Export of Phosphates; of Potassium in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Azerbaijan | 210 | 242 | 242 | 1,416 | 88.9% |
Kazakhstan | 134 | 287 | 241 | 552 | 60.3% |
Belarus | 57.0 | 395 | 563 | 3.4 | -60.9% |
Ukraine | 44.0 | 606 | 570 | 0.3 | -81.0% |
Uzbekistan | 81.6 | 173 | 213 | N/A | 61.6% |
Lithuania | 77.8 | 98.2 | 149 | N/A | 38.4% |
Others | 14.6 | 46.1 | 116 | N/A | 181.9% |
Total | 618 | 1,848 | 2,095 | 1,971 | 47.2% |
Top Export Markets for Phosphates; of Potassium from Russia in 2022:
- Azerbaijan (1015.0 tons)
- Kazakhstan (407.4 tons)
- Belarus (1.7 tons)
- Ukraine (0.4 tons)
This report provides an in-depth analysis of the market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) in the Russian Federation.
This report provides an in-depth analysis of the dicalcium phosphate market in the Russian Federation.
This report provides an in-depth analysis of the sodium phosphates market in the Russian Federation.
This report provides an in-depth analysis of the phosphinates and phosphonates market in the Russian Federation.
This report provides an in-depth analysis of the sodium triphosphate market in the Russian Federation.
This report provides an in-depth analysis of the global market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate).
This report provides an in-depth analysis of the global dicalcium phosphate market.
This report provides an in-depth analysis of the global sodium phosphates market.
This report provides an in-depth analysis of the global phosphinates and phosphonates market.
This report provides an in-depth analysis of the global sodium triphosphate market.
In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...