Price for Fertilizers; Mineral or Chemical, Phosphatic in Indonesia - 2022
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Indonesia (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Indonesia (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Indonesia
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Indonesia
Price for Fertilizers; Mineral or Chemical, Phosphatic in Indonesia (CIF) - 2022
The average import price for fertilizers; mineral or chemical, phosphatics stood at $157 per ton in 2022, increasing by 23% against the previous year. Overall, the import price, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 23%. Over the period under review, average import prices attained the peak figure at $238 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 China ($345 per ton), while the price for Egypt ($100 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-0.6%), while the prices for the other major suppliers experienced a decline.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Indonesia (FOB) - 2022
The average export price for fertilizers; mineral or chemical, phosphatics stood at $269 per ton in March 2022, rising by 15% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In March 2022, the country with the highest price was Australia ($283 per ton), while the average price for exports to New Zealand ($183 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Indonesia
In 2022, the amount of fertilizers; mineral or chemical, phosphatics imported into Indonesia shrank sharply to 1.6M tons, reducing by -21.1% compared with 2021 figures. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +13.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 44%. As a result, imports reached the peak of 2M tons, and then fell notably in the following year.
In value terms, fertilizers; mineral or chemical, phosphatic imports dropped to $246M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 77%. As a result, imports reached the peak of $254M, and then fell slightly in the following year.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 126 | 66.7 | 98.5 | 107 | -5.3% |
| Egypt | 46.9 | 43.5 | 91.5 | 99.1 | 28.3% |
| Australia | 19.1 | 18.8 | 34.1 | 36.9 | 24.5% |
| Peru | N/A | 11.2 | 27.0 | N/A | 141.1% |
| Others | 6.8 | 3.5 | 2.7 | 2.9 | -24.7% |
| Total | 199 | 144 | 254 | 246 | 7.3% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Indonesia in 2022:
- Egypt (985.6K tons)
- China (309.4K tons)
- Australia (247.3K tons)
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Indonesia
In 2022, fertilizers; mineral or chemical, phosphatic exports from Indonesia soared to 37K tons, increasing by 44% on the year before. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.7% 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 +49.6% against 2020 indices. 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 soared to $9.7M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +75.5% against 2020 indices. 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 Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 3.0 | 2.0 | 1.4 | 3.2 | 2.2% |
| Australia | 1.8 | 1.5 | 1.9 | 3.0 | 18.6% |
| Philippines | 0.8 | 0.8 | 0.9 | 1.4 | 20.5% |
| Japan | 0.5 | 0.5 | 0.5 | 0.7 | 11.9% |
| United States | 0.2 | 0.3 | 0.4 | 0.6 | 44.2% |
| Malaysia | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
| Others | 0.2 | 0.3 | 0.2 | 0.4 | 26.0% |
| Total | 6.7 | 5.5 | 5.6 | 9.7 | 13.1% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Indonesia in 2022:
- New Zealand (12.9K tons)
- Australia (10.2K tons)
- Philippines (5.8K tons)
- Japan (2.9K tons)
- Malaysia (1.9K tons)
- United States (1.8K tons)
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