Price for Fertilizers; Mineral or Chemical, Phosphatic in Sweden - 2023

Price for Fertilizers; Mineral or Chemical, Phosphatic in Sweden (FOB) - 2022

In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $814 per ton, growing by 31% against the previous year. Over the period under review, the export price continues to indicate moderate growth. The most prominent rate of growth was recorded in 2014 an increase of 99% against the previous year. As a result, the export price reached the peak level of $1,217 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($5,457 per ton), while the average price for exports to Finland ($316 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 Norway (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fertilizers; Mineral or Chemical, Phosphatic in Sweden (CIF) - 2022

In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $904 per ton, which is down by -32.9% against the previous year. Over the period under review, the import price, however, posted a mild expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 120% against the previous year. As a result, import price reached the peak level of $1,348 per ton, and then reduced markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($1,219 per ton), while the price for the Netherlands totaled $681 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.8%).

Exports of Fertilizers; Mineral or Chemical, Phosphatic in Sweden

In 2022, overseas shipments of fertilizers; mineral or chemical, phosphatics decreased by -16.4% to 276 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 5% against the previous year. As a result, the exports attained the peak of 521 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, fertilizers; mineral or chemical, phosphatic exports amounted to $224K in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year. As a result, the exports reached the peak of $243K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Fertilizers; Mineral or Chemical, Phosphatic in Sweden (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	6.1	N/A	N/A	83.6	139.3%
Switzerland	N/A	N/A	N/A	54.3	0%
Finland	115	135	43.5	50.1	-24.2%
Norway	93.0	108	162	36.3	-26.9%
Others	N/A	0.2	0.1	N/A	-50.0%
Total	215	243	205	224	1.4%

Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Sweden in 2022:

Finland (158.4 tons)
Denmark (54.1 tons)
Norway (53.1 tons)
Switzerland (9.9 tons)

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Sweden

In 2022, approx. 782 tons of fertilizers; mineral or chemical, phosphatics were imported into Sweden; with an increase of 941% compared with the previous year's figure. In general, imports, however, recorded a sharp descent.

In value terms, fertilizers; mineral or chemical, phosphatic imports surged to $708K in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump.