Phosphates; of Potassium Price in Slovakia - 2023

Contents:

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

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

The average phosphates; of potassium import price stood at $1,402 per ton in 2022, with a decrease of -6.2% against the previous year. Over the period under review, the import price saw a noticeable descent. The growth pace was the most rapid in 2020 an increase of 13%. Over the period under review, average import prices hit record highs at $1,938 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovenia ($11,865 per ton), while the price for Israel ($499 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-10.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average phosphates; of potassium export price amounted to $50,432 per ton, leveling off at the previous year. Over the period under review, the export price posted a significant expansion. The most prominent rate of growth was recorded in 2021 an increase of 781% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($95,361 per ton), while the average price for exports to the Netherlands amounted to $12,065 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+57.5%).

Phosphates; of Potassium Imports in Slovakia

In 2022, imports of phosphates; of potassia into Slovakia rose remarkably to 147 tons, surging by 6.7% on 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year.

In value terms, phosphates; of potassium imports totaled $205K in 2022. Overall, imports, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2021 when imports increased by 5.7% against the previous year.

Import of Phosphates; of Potassium in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/AN/AN/A1190%
Belgium19513310241.9-40.1%
Israel3.2N/AN/A20.986.9%
Germany18.653.284.518.0-1.1%
PolandN/A5.6N/A3.3-23.2%
Others12.62.218.62.4-42.5%
Total230194205205-3.8%

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

  1. Belgium (80.4 tons)
  2. Israel (42.0 tons)
  3. Slovenia (10.0 tons)
  4. Germany (7.5 tons)
  5. Poland (6.0 tons)

Phosphates; of Potassium Exports in Slovakia

In 2022, the amount of phosphates; of potassia exported from Slovakia skyrocketed to 44 kg, rising by 22% compared with the year before. Overall, exports showed tangible growth. The pace of growth was the most pronounced in 2020 with an increase of 459%. As a result, the exports attained the peak of 229 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, phosphates; of potassium exports surged to $2.2K in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 240%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

Export of Phosphates; of Potassium in Slovakia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic1311,3031,7701,927145.0%
Netherlands3.0N/A3.0285356.3%
Others2501.018.0N/A-73.2%
Total3841,3041,7912,21279.3%

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

  1. Netherlands (24.0 kg)
  2. Czech Republic (20.0 kg)

Source: IndexBox Market Intelligence Platform

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