Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iran - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iran (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iran (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iran
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iran
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iran (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical amounted to $3,447 per ton, falling by -6.5% against the previous year. Over the period under review, the import price, however, showed buoyant growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 120%. Over the period under review, average import prices hit record highs at $3,685 per ton in 2021, and then fell in the following year.
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 Belgium ($11,934 per ton), while the price for Germany ($730 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+46.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iran (FOB) - 2022
The average export price for fertilizers, mineral or chemical stood at $90 per ton in 2022, shrinking by -15.2% against the previous year. Over the period under review, the export price showed a deep setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 213% against the previous year. The export price peaked at $394 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($260 per ton), while the average price for exports to India totaled $80 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkmenistan (+841.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iran
In 2022, approx. 84 tons of fertilizers, mineral or chemical were imported into Iran; with a decrease of -10.8% compared with the previous year's figure. Overall, imports recorded a precipitous curtailment.
In value terms, imports of fertilizers, mineral or chemical shrank significantly to $288K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. As a result, imports reached the peak of $346K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 48.3 | 90.8 | 172 | 142 | 43.3% |
| Turkey | 16.6 | 37.1 | 72.7 | 67.5 | 59.6% |
| Belgium | 16.4 | 36.6 | 71.8 | 66.8 | 59.7% |
| India | 4.0 | 5.4 | 8.2 | 5.9 | 13.8% |
| Germany | 1.0 | 2.5 | 5.1 | 5.1 | 72.1% |
| United Arab Emirates | 1.7 | 16.6 | 14.7 | 0.5 | -33.5% |
| Uzbekistan | 199 | 154 | N/A | N/A | -22.6% |
| Others | 2.0 | 3.2 | 0.7 | 0.4 | -41.5% |
| Total | 289 | 346 | 345 | 288 | -0.1% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Iran in 2022:
- Turkey (41.3 tons)
- China (26.7 tons)
- Germany (6.9 tons)
- Belgium (5.6 tons)
- India (2.3 tons)
- United Arab Emirates (0.5 tons)
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iran
In 2022, approx. 463 tons of fertilizers, mineral or chemical were exported from Iran; picking up by 4% against 2021 figures. Overall, exports, however, recorded a significant decline. The growth pace was the most rapid in 2020 with an increase of 458%. As a result, the exports reached the peak of 5.1K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of fertilizers, mineral or chemical reduced to $41K in 2022. Over the period under review, exports, however, recorded a dramatic slump. The most prominent rate of growth was recorded in 2020 when exports increased by 1,159%. As a result, the exports reached the peak of $1.2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 44.2 | 38.5 | 20.7 | 35.1 | -7.4% |
| Iraq | 12.1 | 5.8 | 1.3 | 6.4 | -19.1% |
| Myanmar | N/A | 1,135 | N/A | N/A | 0% |
| Qatar | 2.4 | N/A | N/A | N/A | 0% |
| Pakistan | 30.6 | 19.1 | N/A | N/A | -37.6% |
| Others | 5.9 | N/A | 25.0 | N/A | 105.8% |
| Total | 95.2 | 1,198 | 47.0 | 41.5 | -24.2% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Iran in 2022:
- India (438.6 tons)
- Iraq (24.5 tons)
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