Price for Fertilizers; Mineral or Chemical, Nitrogenous in Qatar - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Qatar (CIF) - 2023
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Qatar
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Qatar (CIF) - 2023
In June 2023, the average import price for fertilizers; mineral or chemical, nitrogenoi amounted to $767 per ton, waning by -54.4% against the previous month. In general, the import price recorded a slight reduction. The growth pace was the most rapid in January 2023 an increase of 120% month-to-month. The import price peaked at $2,066 per ton in September 2022; however, from October 2022 to June 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Czech Republic.
From June 2022 to June 2023, the rate of growth in terms of prices for the Netherlands amounted to +1.1% per month.
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Qatar
In 2022, the amount of fertilizers; mineral or chemical, nitrogenoi imported into Qatar surged to 2.5K tons, rising by 92% on 2021 figures. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous imports skyrocketed to $2.7M in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Fertilizers; Mineral or Chemical, Nitrogenous in Qatar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 215 | 677 | 556 | 1,386 | 86.1% |
Norway | 131 | 127 | 127 | 408 | 46.0% |
China | 132 | 108 | 272 | 358 | 39.5% |
Jordan | N/A | N/A | N/A | 128 | 0% |
Poland | 55.2 | 2.0 | N/A | 100 | 21.9% |
Turkey | 23.5 | 80.2 | 31.7 | 72.2 | 45.4% |
India | N/A | 22.1 | 0.1 | 41.1 | 36.4% |
Serbia | N/A | 32.9 | N/A | 30.5 | -3.7% |
Italy | 70.6 | 45.6 | N/A | 24.7 | -29.5% |
Germany | N/A | 19.8 | 9.2 | 18.5 | -3.3% |
Netherlands | N/A | 5.4 | 8.7 | 16.3 | 73.7% |
Czech Republic | 97.4 | N/A | N/A | N/A | 0% |
Others | N/A | 45.4 | 69.8 | 126 | 66.6% |
Total | 725 | 1,166 | 1,074 | 2,709 | 55.2% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Qatar in 2022:
- Norway (957.7 tons)
- Australia (507.3 tons)
- China (462.2 tons)
- Jordan (123.5 tons)
- Turkey (102.3 tons)
- India (84.8 tons)
- Serbia (52.8 tons)
- Netherlands (40.7 tons)
- Germany (39.8 tons)
- Poland (14.0 tons)
- Italy (9.4 tons)
This report provides an in-depth analysis of the ammonium nitrate market in Qatar.
This report provides an in-depth analysis of the urea market in Qatar.
This report provides an in-depth analysis of the nitrogenous fertilizer market in Qatar.
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This report provides an in-depth analysis of the market for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution in Qatar.
This report provides an in-depth analysis of the fertilizer market in Qatar.
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This report provides an in-depth analysis of the global ammonium nitrate market.
In February 2023, the urea price stood at $1,283 per ton (CIF, Qatar), shrinking by -44.7% against the previous month.
Imports of Nitrogenous Fertilizer peaked at 2.2K tons in 2022, but slightly decreased the following year. The value of imports also declined significantly to $2.1M in 2023.
The global market for ammonium nitrate is expected to experience steady growth over the next seven years, with market volume projected to reach 31M tons and market value expected to reach $15.8B by the end of 2030. The market is forecasted to see a CAGR of +3.0% in volume and +5.5% in value from 2023 to 2030.
Explore the top import markets for urea, including India, Brazil, United States, Australia, and more. Learn about their import values and key statistics.
Urea price soared by +46% in October 2021, reaching $612.5 per ton, according to the latest World Bank's data. The spike was caused by a sharp slump in the world's production, as many producers have suspended manufacturing owing to skyrocketing natural gas prices and energy resource shortages. Russia, China and Egypt remain the key urea suppliers, while India, Brazil and the U.S. lead the world import ranking.
Brazil, Argentina, Australia and Spain increased urea supplies from abroad sharply in 2020. Despite this, global imports of this product slightly dropped last year. India, Brazil, the U.S. remain the largest markets for imported urea worldwide. In 2020, the average import price reduced by -9.8% against the previous year.
Explore the top 10 import markets for nitrogenous fertilizer and their significance in the global agricultural industry.
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