Price for Fertilizers; Mineral or Chemical, Phosphatic in Uruguay - 2022

Contents:

  1. Price for Fertilizers; Mineral or Chemical, Phosphatic in Uruguay (CIF) - 2022
  2. Price for Fertilizers; Mineral or Chemical, Phosphatic in Uruguay (FOB) - 2022
  3. Imports of Fertilizers; Mineral or Chemical, Phosphatic in Uruguay
  4. Exports of Fertilizers; Mineral or Chemical, Phosphatic in Uruguay

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

In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $286 per ton, waning by -6.2% against the previous year. Overall, the import price saw a pronounced slump. The growth pace was the most rapid in 2021 an increase of 45% against the previous year. Over the period under review, average import prices attained the maximum at $362 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($400 per ton), while the price for Egypt ($248 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for fertilizers; mineral or chemical, phosphatics stood at $209 per ton in 2022, dropping by -8.3% against the previous year. Overall, the export price recorded a pronounced reduction. The pace of growth was the most pronounced in 2021 an increase of 31%. The export price peaked at $323 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($223 per ton), while the average price for exports to Argentina amounted to $172 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (-2.6%), while the prices for the other major destinations experienced a decline.

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Uruguay

After three years of growth, purchases abroad of fertilizers; mineral or chemical, phosphatics decreased by -23.6% to 116K tons in 2022. In general, imports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 60%. As a result, imports attained the peak of 152K tons, and then dropped notably in the following year.

In value terms, fertilizers; mineral or chemical, phosphatic imports shrank markedly to $33M in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 131% against the previous year. As a result, imports reached the peak of $46M, and then reduced rapidly in the following year.

Import of Fertilizers; Mineral or Chemical, Phosphatic in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt5.68.025.421.757.1%
China9.06.410.79.20.7%
Brazil1.91.91.31.4-9.7%
MoroccoN/A3.45.4N/A58.8%
Others1.10.33.50.9-6.5%
Total17.620.046.333.223.6%

Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Uruguay in 2022:

  1. Egypt (87.4K tons)
  2. China (22.9K tons)
  3. Brazil (4.8K tons)

Exports of Fertilizers; Mineral or Chemical, Phosphatic in Uruguay

In 2022, the amount of fertilizers; mineral or chemical, phosphatics exported from Uruguay contracted markedly to 26K tons, with a decrease of -22.6% on the year before. Overall, exports faced a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 82% against the previous year.

In value terms, fertilizers; mineral or chemical, phosphatic exports reduced markedly to $5.4M in 2022. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 138%. As a result, the exports attained the peak of $7.6M, and then reduced sharply in the following year.

Export of Fertilizers; Mineral or Chemical, Phosphatic in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay4.32.15.34.0-2.4%
Argentina2.71.01.71.3-21.6%
BrazilN/AN/A0.5N/A0%
OthersN/A0.10.1N/A0.0%
Total7.03.27.65.4-8.3%

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

  1. Paraguay (17.9K tons)
  2. Argentina (7.8K tons)

Source: IndexBox Market Intelligence Platform

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