Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Denmark - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Denmark (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Denmark (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Denmark
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Denmark
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Denmark (CIF) - 2022
The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $352 per ton in 2022, picking up by 1.8% against the previous year. Over the period under review, the import price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 21%. The import price peaked at $432 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($467 per ton), while the price for Sweden ($285 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.1%), while the prices for the other major suppliers experienced a decline.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Denmark (FOB) - 2022
The average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $963 per ton in 2022, increasing by 51% against the previous year. Overall, the export price showed a tangible expansion. The growth pace was the most rapid in 2015 an increase of 81% against the previous year. The export price peaked at $1,814 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($2,243 per ton), while the average price for exports to Faroe Islands ($485 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 Poland (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Denmark
For the fourth consecutive year, Denmark recorded growth in purchases abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses, which increased by 3.4% to 29K tons in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 975%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses rose markedly to $10M in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 970% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.1 | N/A | 1.7 | 5.6 | 282.6% |
| Russia | N/A | 4.2 | 7.9 | 4.5 | 3.5% |
| Germany | 0.2 | 0.3 | N/A | 0.1 | -20.6% |
| Sweden | 0.1 | 0.3 | 0.1 | N/A | 0.0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 0.4 | 4.8 | 9.7 | 10.3 | 195.3% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Denmark in 2022:
- Poland (19.0K tons)
- Russia (9.6K tons)
- Germany (0.4K tons)
- Sweden (0.1K tons)
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Denmark
In 2022, approx. 1.3K tons of fertilizers, mineral or chemical; containing nitrates and phosphateses were exported from Denmark; jumping by 45% compared with 2021 figures. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 558% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses soared to $1.3M in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 153%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 300 | N/A | 65.7 | 896 | 44.0% |
| Greenland | 232 | 215 | 264 | 205 | -4.0% |
| Faroe Islands | N/A | N/A | 220 | 88.5 | -59.8% |
| France | N/A | N/A | N/A | 47.6 | 0% |
| Norway | 9.1 | 15.9 | N/A | 6.5 | -10.6% |
| Sweden | N/A | N/A | 34.2 | N/A | 0% |
| Others | 80.5 | N/A | 0.7 | 30.3 | -27.8% |
| Total | 621 | 231 | 585 | 1,274 | 27.1% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Denmark in 2022:
- Germany (992.0 tons)
- Faroe Islands (182.4 tons)
- Greenland (95.7 tons)
- France (22.0 tons)
- Norway (18.0 tons)
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