Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Brazil - 2024
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Brazil (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Brazil (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Brazil
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Brazil
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Brazil (FOB) - 2022
The average export price for fertilizers, mineral or chemical stood at $6,139 per ton in 2022, with an increase of 41% against the previous year. Overall, the export price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 64%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($6,466 per ton), while the average price for exports to Bolivia ($3,743 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 Paraguay (+11.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Brazil (CIF) - 2022
The average import price for fertilizers, mineral or chemical stood at $3,539 per ton in 2022, with an increase of 10% against the previous year. Overall, the import price posted significant growth. The pace of growth appeared the most rapid in 2016 an increase of 116%. The import price peaked at $5,933 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +5.5% per year.
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Brazil
In 2022, approx. 179 tons of fertilizers, mineral or chemical were exported from Brazil; reducing by -26.5% on the previous year. Overall, exports showed a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 40% against the previous year.
In value terms, exports of fertilizers, mineral or chemical expanded slightly to $1.1M in 2022. Over the period under review, total exports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +95.0% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 89% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 931 | 522 | 1,028 | 979 | 1.7% |
| Angola | N/A | 0.8 | N/A | 92.6 | 975.9% |
| Bolivia | 37.8 | 25.7 | 25.5 | 14.3 | -27.7% |
| Others | 11.6 | 14.5 | 9.6 | 12.9 | 3.6% |
| Total | 980 | 563 | 1,064 | 1,098 | 3.9% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Brazil in 2022:
- Paraguay (151.3 tons)
- Angola (20.5 tons)
- Bolivia (3.8 tons)
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Brazil
After three years of growth, purchases abroad of fertilizers, mineral or chemical decreased by -92.4% to 3.7 tons in 2022. Overall, imports recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 113% against the previous year. As a result, imports attained the peak of 48 tons, and then dropped rapidly in the following year.
In value terms, imports of fertilizers, mineral or chemical fell notably to $13K in 2022. In general, imports showed a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 244%. As a result, imports reached the peak of $155K, and then fell sharply in the following year.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 34.9 | 37.6 | 12.9 | 12.6 | -28.8% |
| United States | 0.2 | 0.3 | 142 | 0.1 | -20.6% |
| China | 37.7 | N/A | N/A | N/A | 0% |
| Germany | N/A | 7.2 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.3 | 0% |
| Total | 72.9 | 45.1 | 155 | 13.0 | -43.7% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Brazil in 2022:
- Spain (3.6 tons)
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