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

Contents:

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

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

The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $913 per ton in 2022, with an increase of 93% against the previous year. In general, the import price saw a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($913 per ton), while the price for France ($913 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.2%), 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 Israel (FOB) - 2022

In 2022, the average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $1,443 per ton, approximately equating the previous year. In general, the export price showed a perceptible increase. The growth pace was the most rapid in 2017 an increase of 30%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

As there is only one major export destination, 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 Philippines amounted to +6.9% per year.

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

In 2022, the amount of fertilizers, mineral or chemical; containing nitrates and phosphateses imported into Israel shrank significantly to 164 tons, reducing by -63.6% against the previous year. In general, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 790% against the previous year. As a result, imports attained the peak of 452 tons, and then declined significantly in the following year.

In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses contracted dramatically to $150K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 1,159%. As a result, imports reached the peak of $214K, and then contracted notably in the following year.

Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A190106-44.2%
ChinaN/AN/AN/A43.00%
SpainN/A17.011.0N/A-35.3%
Netherlands74.0N/A13.0N/A-58.1%
Others4.0N/AN/A1.0-37.0%
Total78.017.021415024.4%

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

  1. United Kingdom (116.1 tons)
  2. China (47.1 tons)

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

In 2022, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses from Israel amounted to 4.9 tons, almost unchanged from the previous year's figure. Over the period under review, exports saw a dramatic slump. The smallest decline of -14.9% was in 2020.

In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $7K in 2022. Overall, exports continue to indicate a precipitous slump. The smallest decline of -11.4% was in 2020.

Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A7.00%
Bosnia and Herzegovina5.4N/AN/AN/A0%
Taiwan (Chinese)28.827.8N/AN/A-3.5%
CanadaN/A2.5N/AN/A0%
OthersN/AN/AN/AN/A0%
Total34.230.3N/A7.0-41.1%

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

  1. United Kingdom (4.9 tons)

Source: IndexBox Market Intelligence Platform

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