Phosphates; of Potassium Price in Spain - 2023
Contents:
- Phosphates; of Potassium Price in Spain (CIF) - 2023
- Phosphates; of Potassium Price in Spain (FOB) - 2022
- Phosphates; of Potassium Imports in Spain
- Phosphates; of Potassium Exports in Spain
Phosphates; of Potassium Price in Spain (CIF) - 2023
The average phosphates; of potassium import price stood at $1,874 per ton in August 2023, declining by -4.9% against the previous month. Over the period under review, the import price saw a perceptible downturn. The growth pace was the most rapid in April 2023 when the average import price increased by 20% month-to-month. As a result, import price attained the peak level of $3,247 per ton. From May 2023 to August 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($5,440 per ton), while the price for China ($1,658 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.1%), while the prices for the other major suppliers experienced a decline.
Phosphates; of Potassium Price in Spain (FOB) - 2022
The average phosphates; of potassium export price stood at $4,696 per ton in 2022, increasing by 25% against the previous year. Overall, the export price saw resilient growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($13,813 per ton), while the average price for exports to the United States ($1,369 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 France (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphates; of Potassium Imports in Spain
In 2022, imports of phosphates; of potassia into Spain skyrocketed to 14K tons, jumping by 18% against the year before. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, phosphates; of potassium imports surged to $26M in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Phosphates; of Potassium in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 2.8 | 5.3 | 9.3 | 10.1 | 53.4% |
| China | 2.4 | 2.8 | 1.4 | 8.1 | 50.0% |
| Belgium | 2.0 | 2.1 | 4.2 | 4.8 | 33.9% |
| Germany | 0.3 | 0.7 | 0.9 | 1.5 | 71.0% |
| Russia | N/A | 0.1 | 0.9 | 0.5 | 123.6% |
| Others | 0.4 | 0.3 | 0.6 | 1.3 | 48.1% |
| Total | 8.0 | 11.2 | 17.4 | 26.3 | 48.7% |
Top Suppliers of Phosphates; of Potassium to Spain in 2022:
- China (7.1K tons)
- Israel (4.3K tons)
- Belgium (1.7K tons)
- Germany (0.4K tons)
- Russia (0.4K tons)
Phosphates; of Potassium Exports in Spain
In 2022, approx. 276 tons of phosphates; of potassia were exported from Spain; therefore, remained relatively stable against 2021 figures. Overall, exports showed a abrupt descent.
In value terms, phosphates; of potassium exports soared to $1.3M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Phosphates; of Potassium in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 46.0 | 135 | 112 | 227 | 70.3% |
| Portugal | 329 | 179 | 57.6 | 222 | -12.3% |
| Belgium | 77.5 | 94.0 | 171 | 216 | 40.7% |
| France | 144 | 130 | 139 | 113 | -7.8% |
| Senegal | N/A | 36.0 | 5.0 | 59.0 | 28.0% |
| Cuba | 4.2 | 1.7 | 173 | 21.8 | 73.1% |
| United States | N/A | N/A | 31.4 | 11.5 | -63.4% |
| Others | 147 | 270 | 355 | 426 | 42.6% |
| Total | 749 | 845 | 1,045 | 1,296 | 20.1% |
Top Export Markets for Phosphates; of Potassium from Spain in 2022:
- Portugal (119.9 tons)
- Germany (36.3 tons)
- France (23.0 tons)
- Senegal (15.7 tons)
- Belgium (15.6 tons)
- Cuba (12.8 tons)
- United States (8.4 tons)
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This report provides an in-depth analysis of the global market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate).
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This report provides an in-depth analysis of the global dicalcium phosphate market.
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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...
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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...
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In March 2023, the dicalcium phosphate price stood at $741 per ton (FOB, Spain), shrinking by -11.9% against the previous month.
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Sodium Phosphates imports reached their highest point at 2.2K tons in 2017, but have since declined to a lower level from 2018 to 2023. The value of Sodium Phosphates imports notably decreased to $4M in 2023.
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In December 2022, Sodium Triphosphate imports saw a significant 37% growth compared to the previous month. By November 2023, imports valued at $1.3M.
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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...
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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...
