Price for Fertilizers; Mineral or Chemical, Phosphatic in Slovakia - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Slovakia (CIF) - 2023
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Slovakia (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Slovakia
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Slovakia
Price for Fertilizers; Mineral or Chemical, Phosphatic in Slovakia (CIF) - 2023
The average import price for fertilizers; mineral or chemical, phosphatics stood at $1,579 per ton in May 2023, picking up by 95% against the previous month. Over the period under review, the import price showed a strong expansion. The most prominent rate of growth was recorded in December 2022 an increase of 678% month-to-month. The import price peaked at $9,367 per ton in February 2023; however, from March 2023 to May 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($17,976 per ton), while the price for the Czech Republic amounted to $398 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Austria (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Slovakia (FOB) - 2022
In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $763 per ton, picking up by 104% against the previous year. Overall, the export price showed a resilient increase. Over the period under review, the average export prices reached the maximum at $817 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($15,997 per ton), while the average price for exports to Hungary ($340 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+38.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Slovakia
In 2022, approx. 17K tons of fertilizers; mineral or chemical, phosphatics were imported into Slovakia; jumping by 326% on the year before. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, phosphatic imports soared to $7.5M in 2022. Overall, imports continue to indicate 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 Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 934 | 511 | 523 | 3,300 | 52.3% |
| Germany | 91.7 | 79.9 | 348 | 1,366 | 146.1% |
| Austria | 171 | 950 | 538 | 881 | 72.7% |
| Czech Republic | 21.0 | 53.9 | 163 | 648 | 213.7% |
| Bulgaria | 212 | N/A | N/A | 352 | 18.4% |
| Slovenia | 90.7 | 101 | 131 | 324 | 52.9% |
| Hungary | 114 | 199 | 23.0 | 277 | 34.4% |
| Netherlands | 212 | 186 | N/A | 201 | -1.8% |
| Others | 345 | 45.2 | 15.4 | 132 | -27.4% |
| Total | 2,192 | 2,126 | 1,742 | 7,483 | 50.6% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Slovakia in 2022:
- Poland (10.6K tons)
- Germany (1.7K tons)
- Bulgaria (1.2K tons)
- Czech Republic (1.1K tons)
- Austria (0.8K tons)
- Hungary (0.6K tons)
- Slovenia (0.3K tons)
- Netherlands (0.2K tons)
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Slovakia
In 2022, shipments abroad of fertilizers; mineral or chemical, phosphatics decreased by -18.7% to 112 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 916% against the previous year. As a result, the exports attained the peak of 320 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, fertilizers; mineral or chemical, phosphatic exports skyrocketed to $86K in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 388%. As a result, the exports reached the peak of $120K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Fertilizers; Mineral or Chemical, Phosphatic in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 3.2 | N/A | N/A | 44.1 | 139.8% |
| Hungary | 7.1 | N/A | 46.0 | 33.2 | 67.2% |
| Poland | 4.4 | 110 | N/A | 6.4 | 13.3% |
| Czech Republic | 9.7 | 9.8 | 5.7 | 1.9 | -41.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 24.5 | 120 | 51.7 | 85.6 | 51.7% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Slovakia in 2022:
- Hungary (97.7 tons)
- Romania (8.6 tons)
- Czech Republic (5.5 tons)
- Poland (0.4 tons)
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This report provides an in-depth analysis of the phosphatic fertilizer market in Slovakia.
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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 Slovakia.
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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.
