Price for Fertilizers; Mineral or Chemical, Phosphatic in Serbia - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Serbia (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Serbia (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Serbia
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Serbia
Price for Fertilizers; Mineral or Chemical, Phosphatic in Serbia (CIF) - 2022
The average import price for fertilizers; mineral or chemical, phosphatics stood at $702 per ton in 2022, with an increase of 39% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.9% 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 import price increased by +84.2% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +3.5% per year.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Serbia (FOB) - 2022
In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $639 per ton, with an increase of 307% against the previous year. Overall, the export price showed a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Romania.
From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to +26.9% per year.
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Serbia
In 2022, approx. 340 tons of fertilizers; mineral or chemical, phosphatics were imported into Serbia; rising by 250% compared with 2021. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, phosphatic imports soared to $238K in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 19.1 | 20.4 | 49.1 | 238 | 131.8% |
| Croatia | 38.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 57.6 | 20.4 | 49.1 | 238 | 60.5% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Serbia in 2022:
- Italy (339.9 tons)
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Serbia
In 2022, fertilizers; mineral or chemical, phosphatic exports from Serbia declined sharply to 5.2K tons, reducing by -66.8% compared with the year before. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 139%. As a result, the exports reached the peak of 16K tons, and then fell markedly in the following year.
In value terms, fertilizers; mineral or chemical, phosphatic exports soared to $3.3M in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 54%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Fertilizers; Mineral or Chemical, Phosphatic in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 953 | 1,264 | N/A | 3,299 | 51.3% |
| Bulgaria | 404 | N/A | N/A | N/A | 0% |
| Hungary | 104 | 197 | 1,307 | N/A | 254.5% |
| Croatia | 33.0 | 43.8 | 503 | N/A | 290.4% |
| Slovenia | 7.3 | 33.9 | 348 | N/A | 590.4% |
| Montenegro | N/A | 0.9 | 285 | N/A | 31566.7% |
| Others | 198 | 47.8 | N/A | N/A | -75.9% |
| Total | 1,699 | 1,587 | 2,443 | 3,299 | 24.8% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Serbia in 2022:
- Romania (5.2K tons)
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