Price for Fertilizers; Mineral or Chemical, Phosphatic in Panama - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Panama (CIF) - 2022
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Panama
Price for Fertilizers; Mineral or Chemical, Phosphatic in Panama (CIF) - 2022
The average import price for fertilizers; mineral or chemical, phosphatics stood at $267 per ton in 2022, surging by 28% against the previous year. Overall, the import price, however, saw a abrupt slump. Over the period under review, average import prices attained the peak figure at $647 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Colombia ($534 per ton), while the price for Guatemala totaled $154 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+6.5%).
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Panama
In 2022, purchases abroad of fertilizers; mineral or chemical, phosphatics decreased by -41% to 793 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a precipitous descent. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. As a result, imports attained the peak of 2.2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, fertilizers; mineral or chemical, phosphatic imports dropped dramatically to $212K in 2022. Overall, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 30%. As a result, imports attained the peak of $430K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Fertilizers; Mineral or Chemical, Phosphatic in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 232 | 357 | 209 | 116 | -20.6% |
Colombia | 32.8 | 23.3 | 15.8 | 13.4 | -25.8% |
Ukraine | 15.7 | N/A | N/A | N/A | 0% |
Others | 50.1 | 48.9 | 55.3 | 81.9 | 17.8% |
Total | 331 | 430 | 280 | 212 | -13.8% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Panama in 2022:
- Guatemala (756.7 tons)
- Colombia (25.0 tons)
This report provides an in-depth analysis of the phosphatic fertilizer market in Panama.
This report provides an in-depth analysis of the global phosphatic fertilizer market.
This report provides an in-depth analysis of the phosphatic fertilizer market in Panama.
This report provides an in-depth analysis of the global phosphatic fertilizer market.
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.
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.