Price for Phosphates; N.E.S in Item No. 2835.2 in Algeria - 2022

Contents:

  1. Price for Phosphates; N.E.S in Item No. 2835.2 in Algeria (CIF) - 2022
  2. Imports of Phosphates; N.E.S in Item No. 2835.2 in Algeria

Price for Phosphates; N.E.S in Item No. 2835.2 in Algeria (CIF) - 2022

In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $3,283 per ton, rising by 42% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for phosphates; n.e.s in item no. 2835.2s increased by +32.5% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($5,250 per ton), while the price for China ($632 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Phosphates; N.E.S in Item No. 2835.2 in Algeria

Imports of phosphates; n.e.s in item no. 2835.2s into Algeria surged to 467 tons in 2022, rising by 24% against 2021 figures. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s soared to $1.5M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Phosphates; N.E.S in Item No. 2835.2 in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5492005091,02723.2%
Belgium20277.71922497.2%
Germany24.520.222.578.247.2%
Slovenia68.79.440.974.32.6%
Spain14.99.361.526.421.0%
China52.72.632.13.1-61.1%
MoroccoN/A586N/AN/A0%
Others44.212.421.643.5-0.5%
Total9569188791,50116.2%

Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Algeria in 2022:

  1. France (303.1 tons)
  2. Slovenia (55.8 tons)
  3. Belgium (47.4 tons)
  4. Germany (24.7 tons)
  5. Spain (17.5 tons)
  6. China (4.9 tons)

Source: IndexBox Market Intelligence Platform

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