Price for Phosphates; N.E.S in Item No. 2835.2 in Bolivia - 2023

Contents:

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

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

The average import price for phosphates; n.e.s in item no. 2835.2s stood at $3,146 per ton in 2022, rising by 23% against the previous year. Over the period under review, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 123%. The import price peaked at $4,298 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($3,076 per ton) and Brazil ($3,076 per ton), while the price for Peru ($3,075 per ton) and Chile ($3,076 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of phosphates; n.e.s in item no. 2835.2s, when their volume decreased by -32.8% to 153 tons. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +5.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. As a result, imports reached the peak of 227 tons, and then reduced sharply in the following year.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s declined notably to $480K in 2022. Overall, imports continue to indicate a pronounced reduction. The growth pace was the most rapid in 2020 when imports increased by 9.9% against the previous year. As a result, imports attained the peak of $598K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Phosphates; N.E.S in Item No. 2835.2 in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile22731828140020.8%
China9.628.721.321.230.2%
Brazil14.828.812.421.012.4%
Germany12613316.712.4-53.8%
Peru0.91.81.97.7104.5%
NetherlandsN/AN/A101N/A0%
Romania31.246.035.5N/A6.7%
Others13441.311418.2-48.6%
Total544598583480-4.1%

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

  1. Chile (129.9 tons)
  2. China (6.9 tons)
  3. Brazil (6.8 tons)
  4. Germany (4.0 tons)
  5. Peru (2.5 tons)

Source: IndexBox Market Intelligence Platform

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