Phosphates; of Potassium Price in Ukraine - 2023
Contents:
- Phosphates; of Potassium Price in Ukraine (CIF) - 2023
- Phosphates; of Potassium Price in Ukraine (FOB) - 2022
- Phosphates; of Potassium Imports in Ukraine
- Phosphates; of Potassium Exports in Ukraine
Phosphates; of Potassium Price in Ukraine (CIF) - 2023
In August 2023, the average phosphates; of potassium import price amounted to $1,607 per ton, with an increase of 1.7% against the previous month. In general, the import price, however, recorded a noticeable slump. The growth pace was the most rapid in September 2022 when the average import price increased by 16% against the previous month. Over the period under review, average import prices attained the peak figure at $2,683 per ton in October 2022; however, from November 2022 to August 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was Israel ($1,823 per ton), while the price for China stood at $1,453 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (-1.2%).
Phosphates; of Potassium Price in Ukraine (FOB) - 2022
In 2022, the average phosphates; of potassium export price amounted to $1,612 per ton, therefore, remained relatively stable against the previous year. In general, the export price recorded a deep slump. The pace of growth was the most pronounced in 2021 when the average export price increased by 3.2%. Over the period under review, the average export prices attained the maximum at $3,513 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 Moldova.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +38.7% per year.
Phosphates; of Potassium Imports in Ukraine
In 2022, supplies from abroad of phosphates; of potassia decreased by -1.6% to 5.3K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 102% against the previous year.
In value terms, phosphates; of potassium imports shrank slightly to $7.1M in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 102%.
| Import of Phosphates; of Potassium in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 4.0 | 2.9 | 4.8 | 38.7% |
| Israel | 0.7 | 0.9 | 2.4 | 2.2 | 46.5% |
| Russia | 0.1 | 0.6 | 1.6 | N/A | 300.0% |
| Poland | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Others | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| Total | 2.9 | 5.8 | 7.2 | 7.1 | 34.8% |
Top Suppliers of Phosphates; of Potassium to Ukraine in 2022:
- China (4.2K tons)
- Israel (1.0K tons)
Phosphates; of Potassium Exports in Ukraine
In 2022, phosphates; of potassium exports from Ukraine declined dramatically to 6.8 tons, which is down by -20.5% on the previous year. In general, exports recorded a sharp downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 71%.
In value terms, phosphates; of potassium exports reduced rapidly to $11K in 2022. Overall, exports saw a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 76% against the previous year.
| Export of Phosphates; of Potassium in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Moldova | 35.8 | 5.8 | 11.4 | 9.2 | -36.4% |
| Others | 6.4 | 2.1 | 2.6 | 1.7 | -35.7% |
| Total | 42.2 | 7.9 | 14.0 | 10.9 | -36.3% |
Top Export Markets for Phosphates; of Potassium from Ukraine in 2022:
- Moldova (6.7 tons)
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