Phosphates; of Potassium Price in Saudi Arabia - 2021
Contents:
- Phosphates; of Potassium Price in Saudi Arabia (CIF) - 2022
- Phosphates; of Potassium Imports in Saudi Arabia
Phosphates; of Potassium Price in Saudi Arabia (CIF) - 2022
In 2021, the average phosphates; of potassium import price amounted to $1,103 per ton, stabilizing at the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 12% against the previous year. The import price peaked at $1,246 per ton in 2013; however, from 2014 to 2021, 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 Germany ($1,664 per ton), while the price for Jordan ($738 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphates; of Potassium Imports in Saudi Arabia
In 2022, supplies from abroad of phosphates; of potassia was finally on the rise to reach 3.5K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt descent.
In value terms, phosphates; of potassium imports soared to $3.8M in 2022. Overall, imports, however, continue to indicate a abrupt setback.
| Import of Phosphates; of Potassium in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 4.2 | 4.1 | 2.8 | -18.4% | |
| Jordan | N/A | N/A | 0.3 | 0% | |
| Germany | N/A | N/A | 0.1 | 0% | |
| Others | 0.3 | 0.3 | N/A | 0.0% | |
| Total | 4.5 | 4.4 | 3.3 | -14.4% | |
Top Suppliers of Phosphates; of Potassium to Saudi Arabia in 2022:
- China (2467.4 tons)
- Jordan (397.0 tons)
- Germany (83.6 tons)
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