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

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in France (CIF) - 2022
  2. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in France (FOB) - 2023
  3. Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in France
  4. Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in France

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

The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $641 per ton in 2022, surging by 69% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fertilizers, mineral or chemical; containing nitrates and phosphateses increased by +117.1% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($654 per ton), while the price for Germany ($356 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in France (FOB) - 2023

The average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $627 per ton in December 2023, shrinking by -34.8% against the previous month. Over the period under review, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in September 2023 when the average export price increased by 409% month-to-month. As a result, the export price reached the peak level of $3,591 per ton. From October 2023 to December 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was French Polynesia ($1,605 per ton), while the average price for exports to Germany ($425 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+11.0%), 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 France

In 2022, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses into France fell significantly to 51K tons, declining by -27.1% against 2021. In general, imports recorded a deep slump. The growth pace was the most rapid in 2021 when imports increased by 28%. As a result, imports reached the peak of 70K tons, and then dropped rapidly in the following year.

In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses skyrocketed to $33M in 2022. Overall, imports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 65%. 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 France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium7.17.314.522.747.3%
Netherlands13.28.111.58.9-12.3%
SpainN/AN/A0.10.8700.0%
Others0.30.50.30.1-30.7%
Total20.716.026.432.516.2%

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

  1. Belgium (35.6K tons)
  2. Netherlands (13.6K tons)
  3. Spain (1.6K tons)

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

In 2022, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses from France skyrocketed to 1.9K tons, increasing by 89% compared with the year before. In general, exports continue to indicate a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses soared to $1.7M in 2022. Over the period under review, exports showed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain11113327281994.7%
Greece24.520.218.1227110.0%
Poland11485.59.017615.6%
Croatia16.915.8N/A139101.9%
Sweden2.33.52.168.4209.8%
Germany32.143.429.552.617.9%
Switzerland89.442.333.823.7-35.8%
Italy21.232.220.216.7-7.6%
Slovenia8.99.810.28.8-0.4%
Belgium3.022.743.08.742.6%
Netherlands1.74.817.81.4-6.3%
Romania16646.3N/A0.2-89.4%
Mexico187248N/AN/A32.6%
Others608250102142-38.4%
Total1,3859575581,6836.7%

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

  1. Spain (969.9 tons)
  2. Greece (238.8 tons)
  3. Sweden (235.0 tons)
  4. Germany (163.5 tons)
  5. Poland (64.9 tons)
  6. Croatia (36.8 tons)
  7. Switzerland (36.6 tons)
  8. Italy (34.8 tons)
  9. Slovenia (30.5 tons)
  10. Belgium (15.8 tons)
  11. Netherlands (3.9 tons)
  12. Romania (0.6 tons)

Source: IndexBox Market Intelligence Platform

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