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

Contents:

  1. Price for Phosphates; N.E.S in Item No. 2835.2 in Chile (CIF) - 2022
  2. Price for Phosphates; N.E.S in Item No. 2835.2 in Chile (FOB) - 2022
  3. Imports of Phosphates; N.E.S in Item No. 2835.2 in Chile
  4. Exports of Phosphates; N.E.S in Item No. 2835.2 in Chile

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

The average import price for phosphates; n.e.s in item no. 2835.2s stood at $1,827 per ton in 2022, growing by 4.9% against the previous year. Over the period under review, the import price, however, saw a slight shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by 52% against the previous year. Over the period under review, average import prices attained the peak figure at $2,016 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($23,500 per ton), while the price for China ($1,446 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $3,120 per ton, falling by -17.4% against the previous year. Over the period under review, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 61% against the previous year. Over the period under review, the average export prices attained the maximum at $6,188 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($3,230 per ton), while the average price for exports to Peru totaled $2,437 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+13.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth consecutive year, Chile recorded growth in overseas purchases of phosphates; n.e.s in item no. 2835.2s, which increased by 103% to 1.4K tons in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s skyrocketed to $2.5M in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Phosphates; N.E.S in Item No. 2835.2 in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2021544481,43292.1%
Germany18914020343031.5%
Finland35.4258136311106.3%
Brazil15.117.585.7137108.6%
France12955.012974.2-16.8%
Others13898.2176121-4.3%
Total7087221,1772,50652.4%

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

  1. China (990.0 tons)
  2. Finland (207.0 tons)
  3. Germany (120.0 tons)
  4. Brazil (23.0 tons)
  5. France (16.1 tons)

Exports of Phosphates; N.E.S in Item No. 2835.2 in Chile

In 2022, the amount of phosphates; n.e.s in item no. 2835.2s exported from Chile was estimated at 133 tons, surging by 2.3% compared with the previous year. Over the period under review, exports showed a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 139% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s reduced dramatically to $415K in 2022. Overall, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 131% against the previous year. As a result, the exports reached the peak of $491K, and then declined markedly in the following year.

Export of Phosphates; N.E.S in Item No. 2835.2 in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia3372104383703.2%
Peru15.62.753.244.942.2%
Others0.6N/AN/AN/A0%
Total3542134914155.4%

Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Chile in 2022:

  1. Bolivia (114.5 tons)
  2. Peru (18.4 tons)

Source: IndexBox Market Intelligence Platform

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