Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in China - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in China (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in China (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in China
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in China
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in China (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $680 per ton, waning by -5.3% against the previous year. Over the period under review, the import price saw a mild descent. The import price peaked at $1,940 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to -17.5% per year.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in China (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $421 per ton, dropping by -27% against the previous year. Over the period under review, the export price saw a perceptible decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 53% against the previous year. The export price peaked at $596 per ton in 2013; however, from 2014 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 Vietnam.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +16.7% per year.
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in China
In 2022, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses into China surged to 2.1K tons, rising by 315% against the previous year. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses surged to $1.4M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.1 | N/A | 369 | 1,449 | 2337.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.1 | N/A | 369 | 1,449 | 2337.9% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to China in 2022:
- Belgium (2.1K tons)
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in China
In 2022, the amount of fertilizers, mineral or chemical; containing nitrates and phosphateses exported from China reduced notably to 1.6K tons, waning by -37.8% against 2021 figures. In general, exports continue to indicate a significant contraction. The smallest decline of -1.7% was in 2020.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses contracted sharply to $670K in 2022. Over the period under review, exports faced a sharp shrinkage. The smallest decline of -9.7% was in 2021.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 456 | 295 | 28.3 | 646 | 12.3% |
| South Korea | 153 | 39.8 | N/A | N/A | -74.0% |
| Japan | 529 | 542 | 553 | N/A | 2.2% |
| Djibouti | 268 | 78.3 | 160 | N/A | -22.7% |
| Indonesia | 73.1 | 390 | 580 | N/A | 181.7% |
| Myanmar | N/A | 90.2 | 20.8 | N/A | -76.9% |
| Lao People's Democratic Republic | 151 | 85.1 | 124 | N/A | -9.4% |
| Others | 222 | 114 | 9.1 | 23.7 | -52.6% |
| Total | 1,852 | 1,634 | 1,475 | 670 | -28.7% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from China in 2022:
- Vietnam (1576.0 tons)
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