Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Malaysia - 2024
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Malaysia (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Malaysia (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Malaysia
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Malaysia
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Malaysia (CIF) - 2022
The average import price for fertilizers, mineral or chemical stood at $550 per ton in 2022, surging by 183% against the previous year. Overall, the import price enjoyed a temperate expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($5,822 per ton), while the price for Jordan ($99 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+10.8%), 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 Malaysia (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical amounted to $418 per ton, waning by -8.4% against the previous year. Over the period under review, the export price saw a deep slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 20%. As a result, the export price reached the peak level of $942 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($1,146 per ton), while the average price for exports to Thailand ($301 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 India (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Malaysia
In 2022, overseas purchases of fertilizers, mineral or chemical decreased by -64% to 6.9K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year.
In value terms, imports of fertilizers, mineral or chemical rose slightly to $3.8M in 2022. In general, imports continue to indicate a abrupt decline.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 1,777 | 0% |
| China | 1,966 | 2,123 | 3,259 | 1,106 | -17.4% |
| Nigeria | N/A | N/A | N/A | 471 | 0% |
| Taiwan (Chinese) | 262 | 52.1 | 29.1 | 182 | -11.4% |
| South Korea | 1,194 | 780 | 96.1 | 101 | -56.1% |
| Jordan | N/A | N/A | N/A | 46.4 | 0% |
| India | 223 | N/A | N/A | 3.9 | -74.0% |
| Norway | N/A | 605 | N/A | 2.8 | -93.2% |
| Others | 1,265 | 482 | 331 | 90.8 | -58.4% |
| Total | 4,910 | 4,041 | 3,714 | 3,780 | -8.3% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Malaysia in 2022:
- China (4353.4 tons)
- Nigeria (744.5 tons)
- Taiwan (Chinese) (738.0 tons)
- Jordan (468.4 tons)
- United Kingdom (305.2 tons)
- South Korea (153.7 tons)
- Norway (26.6 tons)
- India (16.0 tons)
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Malaysia
In 2022, approx. 2.5K tons of fertilizers, mineral or chemical were exported from Malaysia; dropping by -79% against 2021 figures. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,433% against the previous year. As a result, the exports reached the peak of 12K tons, and then dropped remarkably in the following year.
In value terms, exports of fertilizers, mineral or chemical shrank notably to $1M in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,439% against the previous year. As a result, the exports attained the peak of $5.4M, and then declined markedly in the following year.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 171 | 93.1 | 148 | 622 | 53.8% |
| Indonesia | 208 | 127 | 182 | 204 | -0.6% |
| Papua New Guinea | 21.0 | 10.8 | N/A | 203 | 113.0% |
| Japan | N/A | N/A | 4,204 | N/A | 0% |
| Taiwan (Chinese) | N/A | N/A | 745 | N/A | 0% |
| Others | 97.7 | 117 | 79.7 | 2.7 | -69.8% |
| Total | 498 | 348 | 5,358 | 1,032 | 27.5% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Malaysia in 2022:
- Thailand (2069.0 tons)
- Papua New Guinea (220.0 tons)
- Indonesia (177.8 tons)
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