Price for Fertilizers; Mineral or Chemical, Nitrogenous in Angola - 2022
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Angola (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Angola (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Angola
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Angola
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Angola (CIF) - 2022
The average import price for fertilizers; mineral or chemical, nitrogenoi stood at $219 per ton in 2022, with a decrease of -11.8% against the previous year. In general, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 32% against the previous year. As a result, import price attained the peak level of $550 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
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 United Arab Emirates ($437 per ton), while the price for South Africa ($116 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Angola (FOB) - 2022
The average export price for fertilizers; mineral or chemical, nitrogenoi stood at $509 per ton in 2022, surging by 17% against the previous year. Over the period under review, the export price, however, recorded a mild reduction. The growth pace was the most rapid in 2016 an increase of 42%. As a result, the export price attained the peak level of $696 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -1.0% per year.
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Angola
In 2022, fertilizers; mineral or chemical, nitrogenous imports into Angola rose remarkably to 59K tons, surging by 10% against 2021. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 80%. As a result, imports attained the peak of 61K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, fertilizers; mineral or chemical, nitrogenous imports reduced modestly to $13M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.4 | 4.6 | 6.3 | 6.5 | 39.4% |
| Belgium | 0.4 | 0.6 | 1.1 | 1.1 | 40.1% |
| Russia | 1.5 | 0.8 | 1.1 | 1.1 | -9.8% |
| Portugal | 0.6 | 1.2 | 0.5 | 0.6 | 0.0% |
| South Africa | 0.1 | 0.7 | 0.5 | 0.6 | 81.7% |
| France | 0.3 | 0.6 | 0.3 | 0.4 | 10.1% |
| Belarus | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
| Others | 1.9 | 3.6 | 3.1 | 2.4 | 8.1% |
| Total | 7.6 | 12.4 | 13.2 | 12.8 | 19.0% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Angola in 2022:
- China (31.4K tons)
- Belgium (5.4K tons)
- South Africa (5.1K tons)
- Russia (3.8K tons)
- Portugal (3.2K tons)
- France (2.5K tons)
- Belarus (1.3K tons)
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Angola
In 2022, the amount of fertilizers; mineral or chemical, nitrogenoi exported from Angola shrank significantly to 33 tons, dropping by -21.3% on the previous year's figure. Overall, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year.
In value terms, fertilizers; mineral or chemical, nitrogenous exports reduced to $17K in 2022. In general, exports saw a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 19%.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 48.2 | 15.1 | 1.7 | 16.6 | -29.9% |
| Burkina Faso | N/A | N/A | 16.7 | N/A | 0% |
| Others | 0.5 | 0.3 | N/A | 0.3 | -15.7% |
| Total | 48.7 | 15.4 | 18.4 | 16.9 | -29.7% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Angola in 2022:
- Democratic Republic of the Congo (33.2 tons)
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