Phosphorus Price in Denmark - 2023
Contents:
- Phosphorus Price in Denmark (CIF) - 2023
- Phosphorus Price in Denmark (FOB) - 2022
- Phosphorus Imports in Denmark
- Phosphorus Exports in Denmark
Phosphorus Price in Denmark (CIF) - 2023
The average phosphorus import price stood at $4,209 per ton in June 2023, standing approximately at the previous month. 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 April 2023 when the average import price increased by 8.4% m-o-m. The import price peaked at $4,538 per ton in November 2022; however, from December 2022 to June 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.
From September 2022 to June 2023, the rate of growth in terms of prices for Kazakhstan amounted to -0.3% per month.
Phosphorus Price in Denmark (FOB) - 2022
The average phosphorus export price stood at $2,265 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 684%. As a result, the export price attained the peak level of $10,337 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -7.1% per year.
Phosphorus Imports in Denmark
In 2022, approx. 3.8K tons of phosphori were imported into Denmark; growing by 8.4% compared with 2021 figures. The total import volume increased at an average annual rate of +8.4% over the period from 2021 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, phosphorus imports surged to $16M in 2022. Over the period under review, total imports indicated a significant increase from 2021 to 2022: its value increased at an average annual rate of +58.4% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Phosphorus in Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Netherlands | 8.8 | 15.6 | 77.3% | ||
Germany | 1.1 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 9.8 | 15.6 | 59.2% |
Top Suppliers of Phosphorus to Denmark in 2022:
- Netherlands (3.8K tons)
Phosphorus Exports in Denmark
In 2022, phosphorus exports from Denmark fell notably to 1.3 tons, reducing by -49.9% against 2021. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 51,180%. As a result, the exports reached the peak of 2.6 tons, and then shrank rapidly in the following year.
In value terms, phosphorus exports fell markedly to $2.9K in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 41,336% against the previous year. As a result, the exports reached the peak of $5.8K, and then reduced remarkably in the following year.
Export of Phosphorus in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 0.1 | N/A | 5.8 | 2.9 | 207.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.1 | N/A | 5.8 | 2.9 | 207.2% |
Top Export Markets for Phosphorus from Denmark in 2022:
- Netherlands (1.3 tons)
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