Price for Fertilizers; Mineral or Chemical, Phosphatic in Italy - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Italy (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Italy (FOB) - 2023
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Italy
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Italy
Price for Fertilizers; Mineral or Chemical, Phosphatic in Italy (CIF) - 2022
The average import price for fertilizers; mineral or chemical, phosphatics stood at $364 per ton in 2022, with an increase of 46% against the previous year. Overall, the import price recorded a relatively flat trend pattern. 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 Lebanon ($498 per ton), while the price for Tunisia ($271 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Italy (FOB) - 2023
In May 2023, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $233 per ton, waning by -57.8% against the previous month. In general, the export price showed a abrupt decline. The growth pace was the most rapid in December 2022 when the average export price increased by 243% m-o-m. As a result, the export price reached the peak level of $1,663 per ton. From January 2023 to May 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Argentina.
From May 2022 to May 2023, the rate of growth in terms of prices for the Czech Republic amounted to +1.0% per month.
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Italy
In 2022, approx. 77K tons of fertilizers; mineral or chemical, phosphatics were imported into Italy; picking up by 7.1% against the previous year. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 15%.
In value terms, fertilizers; mineral or chemical, phosphatic imports skyrocketed to $28M in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 6.9 | 6.9 | 6.0 | 9.9 | 12.8% |
| Egypt | 6.5 | 2.0 | 5.5 | 8.4 | 8.9% |
| Tunisia | 0.5 | 1.3 | 2.8 | 4.3 | 104.9% |
| Lebanon | 0.3 | 2.6 | 2.6 | 4.0 | 137.1% |
| Spain | 0.4 | 0.1 | 0.6 | 0.9 | 31.0% |
| Senegal | 0.5 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| Total | 15.3 | 13.2 | 17.8 | 27.9 | 22.2% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Italy in 2022:
- Egypt (25.7K tons)
- Israel (24.0K tons)
- Tunisia (15.7K tons)
- Lebanon (8.0K tons)
- Spain (2.2K tons)
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Italy
In 2022, approx. 34K tons of fertilizers; mineral or chemical, phosphatics were exported from Italy; increasing by 155% compared with 2021. Overall, exports continue to indicate a significant increase. 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 $17M in 2022. In general, exports saw 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 Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 0.8 | 0.4 | 1.7 | 5.2 | 86.6% |
| Brazil | N/A | N/A | 1.6 | 4.8 | 200.0% |
| Croatia | 1.4 | 0.9 | 1.6 | 4.7 | 49.7% |
| Albania | 0.1 | 0.1 | 0.3 | 0.8 | 100.0% |
| Slovenia | 0.1 | 0.1 | 0.2 | 0.5 | 71.0% |
| France | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.3 | 0.6 | 0.6 | 1.1 | 54.2% |
| Total | 2.8 | 2.1 | 6.0 | 17.1 | 82.8% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Italy in 2022:
- Brazil (18.0K tons)
- Austria (6.0K tons)
- Croatia (5.8K tons)
- Albania (1.5K tons)
- Slovenia (0.9K tons)
- France (0.5K tons)
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This report provides an in-depth analysis of the phosphatic fertilizer market in Italy.
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This report provides an in-depth analysis of the global phosphatic fertilizer market.
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This report provides an in-depth analysis of the phosphatic fertilizer market in Italy.
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This report provides an in-depth analysis of the global phosphatic fertilizer market.
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Explore the top 10 countries by import value of phosphatic fertilizer in 2023. Learn about the key players in the global agricultural industry and their reliance on imported fertilizer.
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Explore the top 10 countries by import value of phosphatic fertilizer in 2023. Learn about the key players in the global agricultural industry and their reliance on imported fertilizer.
