Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Ireland - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Ireland (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Ireland (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Ireland
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Ireland
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Ireland (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $1,241 per ton, reducing by -12.9% against the previous year. Over the period under review, the import price, however, saw buoyant growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 85% against the previous year. As a result, import price reached the peak level of $1,425 per ton, and then shrank in the following year.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +4.7% per year.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Ireland (FOB) - 2022
The average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $2,200 per ton in 2022, which is down by -4.3% against the previous year. In general, the export price saw a pronounced decrease. Over the period under review, the average export prices hit record highs at $2,300 per ton in 2021, and then fell in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($2,500 per ton), while the average price for exports to the Netherlands amounted to $1,000 per ton.
From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), 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 Ireland
In 2022, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses into Ireland contracted sharply to 1.2K tons, shrinking by -26.9% against 2021. Over the period under review, imports continue to indicate a precipitous curtailment. The smallest decline of -24% was in 2020.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses declined remarkably to $1.5M in 2022. In general, imports saw a perceptible downturn. The pace of growth was the most pronounced in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of $2.4M, and then dropped remarkably in the following year.
Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Ireland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 1.8 | 1.7 | 2.4 | 1.5 | -5.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.8 | 1.7 | 2.4 | 1.5 | -5.9% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Ireland in 2022:
- United Kingdom (1242.6 tons)
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Ireland
In 2022, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses from Ireland reduced dramatically to 5 kg, declining by -50% on the year before. Overall, exports saw a sharp contraction.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses contracted sharply to $11 in 2022. In general, exports recorded a sharp curtailment.
Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Ireland (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
United Kingdom | N/A | 10.0 | 0% | ||
Netherlands | 1.0 | 1.0 | 0.0% | ||
Spain | 1.0 | N/A | 0% | ||
Belgium | 21.0 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 23.0 | 11.0 | -52.2% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Ireland in 2022:
- United Kingdom (4.0 kg)
- Netherlands (1.0 kg)
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