Price for Fertilizers; Mineral or Chemical, Nitrogenous in the United Arab Emirates - 2021
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in the United Arab Emirates (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in the United Arab Emirates (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in the United Arab Emirates
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in the United Arab Emirates
Price for Fertilizers; Mineral or Chemical, Nitrogenous in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, nitrogenoi amounted to $452 per ton, picking up by 5.2% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 38%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +27.7% per year.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in the United Arab Emirates (FOB) - 2022
The average export price for fertilizers; mineral or chemical, nitrogenoi stood at $362 per ton in 2022, dropping by -16.2% against the previous year. Over the period under review, the export price showed a pronounced setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 65%. The export price peaked at $504 per ton in 2012; however, from 2013 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 Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +3.8% per year.
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in supplies from abroad of fertilizers; mineral or chemical, nitrogenoi, when their volume decreased by -12.4% to 50K tons. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 177%.
In value terms, fertilizers; mineral or chemical, nitrogenous imports declined to $23M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 118% against the previous year.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | 0.2 | 0.1 | 22.6 | 963.0% |
| Russia | 0.9 | 0.1 | 0.7 | N/A | -11.8% |
| South Korea | 1.9 | 0.2 | 2.0 | N/A | 2.6% |
| Chile | N/A | 11.0 | 9.9 | N/A | -10.0% |
| China | 1.5 | 0.6 | 0.9 | N/A | -22.5% |
| Sweden | N/A | 0.8 | 8.3 | N/A | 937.5% |
| India | 0.5 | 3.5 | 0.1 | N/A | -55.3% |
| Others | 3.1 | 0.8 | 2.5 | N/A | -10.2% |
| Total | 7.9 | 17.3 | 24.6 | 22.6 | 42.0% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to the United Arab Emirates in 2022:
- Turkey (50.1K tons)
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in the United Arab Emirates
In 2022, overseas shipments of fertilizers; mineral or chemical, nitrogenoi decreased by -7.8% to 2.3M tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 11%. As a result, the exports reached the peak of 2.5M tons, and then declined in the following year.
In value terms, fertilizers; mineral or chemical, nitrogenous exports declined significantly to $848M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.6% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 83%. As a result, the exports reached the peak of $1.1B, and then dropped notably in the following year.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 45.2 | 18.4 | 53.3 | 842 | 165.1% |
| India | 259 | 225 | 436 | N/A | 29.7% |
| Australia | 51.1 | 159 | 282 | N/A | 134.9% |
| Others | 317 | 196 | 326 | 5.9 | -73.5% |
| Total | 672 | 599 | 1,097 | 848 | 8.1% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from the United Arab Emirates in 2022:
- Brazil (2.3M tons)
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