Price for Fertilizers; Mineral or Chemical, Phosphatic in Angola - 2022
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Angola (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Angola (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Angola
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Angola
Price for Fertilizers; Mineral or Chemical, Phosphatic in Angola (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $459 per ton, shrinking by -9.4% against the previous year. Over the period under review, the import price saw a noticeable downturn. The most prominent rate of growth was recorded in 2016 an increase of 19%. The import price peaked at $727 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($800 per ton), while the price for China ($234 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Angola (FOB) - 2022
The average export price for fertilizers; mineral or chemical, phosphatics stood at $492 per ton in 2022, jumping by 37% against the previous year. In general, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 137%. The export price peaked at $686 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 Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +15.3% per year.
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Angola
In 2022, the amount of fertilizers; mineral or chemical, phosphatics imported into Angola rose notably to 2.6K tons, picking up by 6.5% on 2021 figures. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 107%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, phosphatic imports contracted slightly to $1.2M in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 98%.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 250 | 635 | 663 | 746 | 44.0% |
| Belgium | 83.0 | 228 | 143 | 161 | 24.7% |
| China | 101 | 190 | 76.6 | 106 | 1.6% |
| Egypt | 47.6 | 7.2 | 64.4 | 72.4 | 15.0% |
| Brazil | 17.0 | 47.3 | 44.0 | 49.4 | 42.7% |
| Lithuania | N/A | N/A | 104 | N/A | 0% |
| Others | 86.2 | 46.3 | 143 | 62.5 | -10.2% |
| Total | 584 | 1,154 | 1,239 | 1,196 | 27.0% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Angola in 2022:
- Morocco (1269.4 tons)
- Belgium (492.8 tons)
- China (451.6 tons)
- Egypt (290.7 tons)
- Brazil (63.2 tons)
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Angola
In 2022, approx. 15 tons of fertilizers; mineral or chemical, phosphatics were exported from Angola; falling by -15.5% on 2021 figures. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year.
In value terms, fertilizers; mineral or chemical, phosphatic exports soared to $7.5K in 2022. In general, exports showed a deep downturn.
| Export of Fertilizers; Mineral or Chemical, Phosphatic in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 10.7 | 8.2 | 6.5 | 7.5 | -11.2% |
| Others | N/A | 0.4 | N/A | N/A | 0% |
| Total | 10.7 | 8.6 | 6.5 | 7.5 | -11.2% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Angola in 2022:
- Democratic Republic of the Congo (15.3 tons)
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