Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Chile - 2023

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Chile (CIF) - 2022
  2. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Chile (FOB) - 2022
  3. Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Chile
  4. Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Chile

Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Chile (CIF) - 2022

The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $1,300 per ton in 2022, with an increase of 15% against the previous year. Overall, the import price posted resilient growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 57%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Lithuania.

From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to +39.5% per year.

Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Chile (FOB) - 2022

The average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $1,142 per ton in 2022, jumping by 34% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -1.2% per year.

Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Chile

Imports of fertilizers, mineral or chemical; containing nitrates and phosphateses into Chile reduced to 725 tons in 2022, shrinking by -6.4% compared with 2021. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of 774 tons, and then fell in the following year.

In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses rose significantly to $942K in 2022. In general, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 130%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania11313544689999.6%
Belgium89.155.0N/AN/A-38.3%
China117N/A57.2N/A-30.1%
United States17515236.4N/A-54.4%
Others80.638.233542.8-19.0%
Total57638187494217.8%

Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Chile in 2022:

  1. Lithuania (722.3 tons)

Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Chile

After two years of decline, overseas shipments of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by -13.1% to 75 tons in 2022. In general, exports, however, posted a significant expansion.

In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses soared to $86K in 2022. Overall, exports, however, recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PeruN/AN/AN/A85.60%
MalaysiaN/AN/A14.5N/A0%
KuwaitN/AN/A44.9N/A0%
Ethiopia22.2N/AN/AN/A0%
OthersN/AN/A14.2N/A0%
Total22.2N/A73.685.656.8%

Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Chile in 2022:

  1. Peru (75.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fertilizers, mineral or chemical; containing nitrates and phosphates - Chile