Price for Fertilizers; Mineral or Chemical, Phosphatic in Sri Lanka - 2021
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Sri Lanka (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Sri Lanka (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Sri Lanka
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Sri Lanka
Price for Fertilizers; Mineral or Chemical, Phosphatic in Sri Lanka (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $275 per ton, shrinking by -25.8% against the previous year. In general, the import price showed a pronounced setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 42% against the previous year. Over the period under review, average import prices attained the maximum at $462 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($533 per ton), while the price for India ($72 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+2.0%), while the prices for the other major suppliers experienced a decline.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Sri Lanka (FOB) - 2022
The average export price for fertilizers; mineral or chemical, phosphatics stood at $422 per ton in 2022, dropping by -13.1% against the previous year. Overall, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2016 an increase of 50%. The export price peaked at $703 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($936 per ton), while the average price for exports to Oman stood at $420 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (-0.6%).
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Sri Lanka
In 2022, approx. 51K tons of fertilizers; mineral or chemical, phosphatics were imported into Sri Lanka; rising by 296% compared with the previous year's figure. Over the period under review, imports, however, showed a abrupt decrease.
In value terms, fertilizers; mineral or chemical, phosphatic imports skyrocketed to $14M in 2022. Overall, imports, however, recorded a abrupt shrinkage.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 5.9 | 7.7 | 2.4 | 6.1 | 1.1% |
| China | 9.4 | 9.8 | 0.8 | 4.2 | -23.6% |
| Egypt | 4.5 | 5.3 | 1.5 | 3.4 | -8.9% |
| India | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.3 | 0.3 | 0.1 | 0.2 | -12.6% |
| Total | 20.2 | 23.3 | 4.8 | 14.0 | -11.5% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Sri Lanka in 2022:
- China (21.7K tons)
- Singapore (20.5K tons)
- Egypt (6.4K tons)
- India (1.4K tons)
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Sri Lanka
After two years of decline, overseas shipments of fertilizers; mineral or chemical, phosphatics increased by 12% to 863 kg in 2022. In general, exports, however, recorded a deep reduction.
In value terms, fertilizers; mineral or chemical, phosphatic exports dropped modestly to $364 in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 6.5%. As a result, the exports reached the peak of $375, and then reduced modestly in the following year.
| Export of Fertilizers; Mineral or Chemical, Phosphatic in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 325 | 348 | 372 | 361 | 3.6% |
| Others | 6.0 | 4.0 | 3.0 | 3.0 | -20.6% |
| Total | 331 | 352 | 375 | 364 | 3.2% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Sri Lanka in 2022:
- Oman (859.0 kg)
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