Price for Fertilizers; Mineral or Chemical, Nitrogenous in Slovakia - 2023

Contents:

  1. Price for Fertilizers; Mineral or Chemical, Nitrogenous in Slovakia (FOB) - 2023
  2. Price for Fertilizers; Mineral or Chemical, Nitrogenous in Slovakia (CIF) - 2023
  3. Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Slovakia
  4. Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Slovakia

Price for Fertilizers; Mineral or Chemical, Nitrogenous in Slovakia (FOB) - 2023

The average export price for fertilizers; mineral or chemical, nitrogenoi stood at $391 per ton in June 2023, approximately reflecting the previous month. Overall, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in September 2022 an increase of 4.8% m-o-m. The export price peaked at $815 per ton in November 2022; however, from December 2022 to June 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Romania ($640 per ton), while the average price for exports to Croatia ($311 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-0.6%), while the prices for the other major destinations experienced a decline.

Price for Fertilizers; Mineral or Chemical, Nitrogenous in Slovakia (CIF) - 2023

The average import price for fertilizers; mineral or chemical, nitrogenoi stood at $382 per ton in June 2023, waning by -5.3% against the previous month. Overall, the import price saw a pronounced setback. The most prominent rate of growth was recorded in October 2022 an increase of 12% month-to-month. As a result, import price reached the peak level of $685 per ton. From November 2022 to June 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Romania ($1,053 per ton), while the price for the Czech Republic ($221 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Slovakia

Fertilizers; mineral or chemical, nitrogenous exports from Slovakia soared to 2.3M tons in 2022, increasing by 79% compared with the previous year. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fertilizers; mineral or chemical, nitrogenous exports skyrocketed to $791M in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fertilizers; Mineral or Chemical, Nitrogenous in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic59.051.687.819047.7%
Hungary57.349.410515739.9%
Germany39.133.459.611844.5%
Austria23.222.037.574.647.6%
Italy9.28.521.342.065.9%
France9.113.222.440.063.8%
Romania12.119.323.637.445.7%
Spain6.39.414.627.663.6%
Slovenia4.15.010.121.573.7%
Netherlands5.96.815.714.434.6%
Others25.823.236.268.738.6%
Total25124243479146.6%

Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Slovakia in 2022:

  1. Czech Republic (614.6K tons)
  2. Hungary (441.9K tons)
  3. Germany (439.1K tons)
  4. Austria (217.1K tons)
  5. Romania (119.9K tons)
  6. France (79.0K tons)
  7. Italy (77.1K tons)
  8. Slovenia (77.1K tons)
  9. Spain (55.2K tons)
  10. Netherlands (38.8K tons)

Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Slovakia

In 2022, fertilizers; mineral or chemical, nitrogenous imports into Slovakia soared to 860K tons, growing by 103% against the year before. Over the period under review, imports continue to indicate a significant expansion. 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 soared to $379M in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fertilizers; Mineral or Chemical, Nitrogenous in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland38.732.762.312146.2%
Austria11.59.619.947.260.1%
Czech Republic9.58.816.342.464.6%
Lithuania5.24.714.035.189.0%
Germany2.01.23.130.6148.3%
Ukraine3.40.82.624.893.9%
Croatia4.92.46.617.151.7%
Romania3.910.35.015.157.0%
Hungary14.012.919.814.30.7%
Others12.01.04.531.337.7%
Total10584.415437953.4%

Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Slovakia in 2022:

  1. Czech Republic (204.4K tons)
  2. Poland (137.8K tons)
  3. Austria (127.9K tons)
  4. Lithuania (81.3K tons)
  5. Germany (74.5K tons)
  6. Ukraine (68.4K tons)
  7. Hungary (49.5K tons)
  8. Romania (40.4K tons)
  9. Croatia (33.7K tons)

Source: IndexBox Market Intelligence Platform

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