Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Romania - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Romania (CIF) - 2023
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Romania (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Romania
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Romania
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Romania (CIF) - 2023
The average import price for fertilizers, mineral or chemical stood at $393 per ton in November 2023, increasing by 8.5% against the previous month. In general, the import price, however, continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in September 2023 an increase of 95% against the previous month. As a result, import price reached the peak level of $778 per ton. From October 2023 to November 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Greece ($407 per ton), while the price for Slovakia amounted to $391 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Greece (-3.8%), while the prices for the other major suppliers experienced a decline.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Romania (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical amounted to $889 per ton, with an increase of 4.8% against the previous year. Over the last six years, it increased at an average annual rate of +5.6%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 31%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($914 per ton), while the average price for exports to Bulgaria ($605 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+18.7%).
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Romania
In 2022, approx. 27K tons of fertilizers, mineral or chemical were imported into Romania; growing by 93% compared with the previous year's figure. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fertilizers, mineral or chemical soared to $18M in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 2.1 | 3.2 | 5.5 | 13.4 | 85.5% |
| Poland | 0.1 | N/A | N/A | 2.2 | 180.2% |
| Slovakia | N/A | N/A | N/A | 2.2 | 0% |
| Spain | 0.7 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.5 | 0.3 | 44.2% |
| Total | 3.0 | 3.3 | 6.0 | 18.1 | 82.0% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Romania in 2022:
- Greece (19.8K tons)
- Slovakia (3.4K tons)
- Poland (3.3K tons)
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Romania
Exports of fertilizers, mineral or chemical from Romania soared to 2K tons in 2022, increasing by 95% on 2021. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fertilizers, mineral or chemical skyrocketed to $1.8M in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Moldova | 529 | 893 | 849 | 1,316 | 35.5% |
| Ukraine | N/A | N/A | N/A | 437 | 0% |
| Bulgaria | 17.4 | 20.9 | 11.4 | 9.1 | -19.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 547 | 914 | 860 | 1,762 | 47.7% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Romania in 2022:
- Moldova (1440.6 tons)
- Ukraine (525.7 tons)
- Bulgaria (15.0 tons)
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