Price for Fertilizers; Mineral or Chemical, Phosphatic in Brazil - 2023

Contents:

  1. Price for Fertilizers; Mineral or Chemical, Phosphatic in Brazil (CIF) - 2022
  2. Price for Fertilizers; Mineral or Chemical, Phosphatic in Brazil (FOB) - 2022
  3. Imports of Fertilizers; Mineral or Chemical, Phosphatic in Brazil
  4. Exports of Fertilizers; Mineral or Chemical, Phosphatic in Brazil

Price for Fertilizers; Mineral or Chemical, Phosphatic in Brazil (CIF) - 2022

In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $502 per ton, increasing by 64% against the previous year. In general, the import price recorded measured growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Tunisia ($1,041 per ton), while the price for Spain ($164 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fertilizers; Mineral or Chemical, Phosphatic in Brazil (FOB) - 2022

In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $685 per ton, picking up by 38% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fertilizers; mineral or chemical, phosphatic export price increased by +62.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 69%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Paraguay ($658 per ton) and Uruguay ($598 per ton), while the average price for exports to Malaysia ($455 per ton) and Colombia ($577 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+51.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Brazil

Fertilizers; mineral or chemical, phosphatic imports into Brazil reduced to 3.1M tons in 2022, with a decrease of -9.6% against the year before. Over the period under review, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. As a result, imports reached the peak of 3.5M tons, and then dropped in the following year.

In value terms, fertilizers; mineral or chemical, phosphatic imports soared to $1.6B in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 211%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Fertilizers; Mineral or Chemical, Phosphatic in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt12371.728349659.2%
Morocco13512022032033.3%
Israel12278.613026229.0%
China76.042.236024447.5%
Bulgaria10.5N/AN/A86.3101.8%
Spain9.25.727.057.584.2%
Others41.722.739.610234.7%
Total5173401,0591,56844.7%

Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Brazil in 2022:

  1. Egypt (1258.4K tons)
  2. Israel (510.5K tons)
  3. China (393.7K tons)
  4. Morocco (375.8K tons)
  5. Spain (350.3K tons)
  6. Bulgaria (97.9K tons)

Exports of Fertilizers; Mineral or Chemical, Phosphatic in Brazil

In 2022, the amount of fertilizers; mineral or chemical, phosphatics exported from Brazil skyrocketed to 14K tons, with an increase of 56% on the previous year. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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, phosphatic exports surged to $9.5M in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fertilizers; Mineral or Chemical, Phosphatic in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay1.91.81.25.038.1%
Colombia0.20.10.21.7104.1%
Paraguay1.91.91.81.3-11.9%
MalaysiaN/AN/AN/A0.10%
Others0.30.51.21.467.1%
Total4.34.34.49.530.2%

Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Brazil in 2022:

  1. Uruguay (8.3K tons)
  2. Colombia (2.9K tons)
  3. Paraguay (2.0K tons)
  4. Malaysia (0.3K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fertilizers; mineral or chemical, phosphatic - Brazil