Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uruguay - 2023

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uruguay (CIF) - 2022
  2. Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uruguay (FOB) - 2022
  3. Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uruguay
  4. Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uruguay

Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uruguay (CIF) - 2022

In 2022, the average import price for fertilizers, mineral or chemical amounted to $1,405 per ton, surging by 96% against the previous year. Overall, the import price saw resilient growth. 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 United States ($11,394 per ton), while the price for Oman ($348 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+379.6%), 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 Uruguay (FOB) - 2022

In 2022, the average export price for fertilizers, mineral or chemical amounted to $1,983 per ton, remaining stable against the previous year. Overall, the export price recorded a strong expansion. The growth pace was the most rapid in 2019 an increase of 138%. The export price peaked at $2,226 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Paraguay.

From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +7.9% per year.

Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uruguay

In 2022, supplies from abroad of fertilizers, mineral or chemical decreased by -86% to 69 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 439% against the previous year. As a result, imports attained the peak of 912 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fertilizers, mineral or chemical contracted significantly to $97K in 2022. Over the period under review, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 845% against the previous year. As a result, imports reached the peak of $607K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States27.941819661.630.2%
Oman23.015212520.1-4.4%
SlovakiaN/AN/A6.77.613.4%
Spain1.214.317.96.373.8%
Belgium1.28.76.61.0-5.9%
France7.4N/AN/AN/A0%
Others3.514.0N/AN/A300.0%
Total64.360735296.514.5%

Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Uruguay in 2022:

  1. Oman (57.7 tons)
  2. United States (5.4 tons)
  3. Slovakia (2.4 tons)
  4. Belgium (1.8 tons)
  5. Spain (1.3 tons)

Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uruguay

In 2022, the amount of fertilizers, mineral or chemical exported from Uruguay surged to 7.8 tons, rising by 105% compared with the previous year's figure. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 408%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of fertilizers, mineral or chemical soared to $16K in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 350%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay2.51.77.515.684.1%
OthersN/AN/AN/AN/A0%
Total2.51.77.515.684.1%

Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Uruguay in 2022:

  1. Paraguay (7.8 tons)

Source: IndexBox Market Intelligence Platform

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