Price for Phosphates; N.E.S in Item No. 2835.2 in France - 2023
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in France (FOB) - 2023
- Price for Phosphates; N.E.S in Item No. 2835.2 in France (CIF) - 2022
- Exports of Phosphates; N.E.S in Item No. 2835.2 in France
- Imports of Phosphates; N.E.S in Item No. 2835.2 in France
Price for Phosphates; N.E.S in Item No. 2835.2 in France (FOB) - 2023
In October 2023, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $2,270 per ton, growing by 9.7% against the previous month. In general, the export price, however, recorded a mild decrease. Over the period under review, the average export prices attained the maximum at $2,861 per ton in August 2023; however, from September 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Turkey ($3,967 per ton), while the average price for exports to Switzerland ($900 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Phosphates; N.E.S in Item No. 2835.2 in France (CIF) - 2022
The average import price for phosphates; n.e.s in item no. 2835.2s stood at $3,629 per ton in 2022, rising by 13% against the previous year. In general, the import price recorded strong growth. The most prominent rate of growth was recorded in 2020 an increase of 87%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($14,192 per ton), while the price for the Czech Republic ($1,527 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Phosphates; N.E.S in Item No. 2835.2 in France
In 2022, shipments abroad of phosphates; n.e.s in item no. 2835.2s decreased by -0.1% to 29K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 15%.
In value terms, exports of phosphates; n.e.s in item no. 2835.2s soared to $65M in 2022. Overall, exports, however, posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Phosphates; N.E.S in Item No. 2835.2 in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.1 | 5.3 | 7.1 | 10.6 | 27.6% |
| Angola | 0.1 | 0.6 | 2.0 | 7.3 | 317.9% |
| Belgium | 2.6 | 3.0 | 3.0 | 4.4 | 19.2% |
| Netherlands | 2.3 | 2.8 | 2.4 | 4.2 | 22.2% |
| United States | 2.7 | 2.4 | 3.3 | 4.1 | 14.9% |
| United Kingdom | 2.5 | 1.5 | 2.8 | 3.5 | 11.9% |
| Italy | 1.9 | 1.7 | 2.3 | 2.8 | 13.8% |
| Japan | 1.8 | 1.2 | 1.6 | 2.5 | 11.6% |
| Switzerland | 0.7 | 1.0 | 1.2 | 2.2 | 46.5% |
| Poland | 1.3 | 0.9 | 0.8 | 1.9 | 13.5% |
| Bahrain | N/A | N/A | 1.0 | 1.7 | 70.0% |
| Ireland | 0.1 | 0.6 | 1.1 | 1.2 | 128.9% |
| Hungary | 0.1 | 0.4 | 0.8 | 0.8 | 100.0% |
| Others | 15.3 | 15.2 | 17.4 | 18.2 | 6.0% |
| Total | 36.5 | 36.6 | 46.8 | 65.4 | 21.5% |
Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from France in 2022:
- Germany (6.6K tons)
- Belgium (2.5K tons)
- Netherlands (1.8K tons)
- United Kingdom (1.7K tons)
- Switzerland (1.6K tons)
- Angola (1.5K tons)
- United States (1.4K tons)
- Ireland (1.4K tons)
- Bahrain (1.3K tons)
- Poland (1.1K tons)
- Hungary (0.9K tons)
- Italy (0.9K tons)
- Japan (0.7K tons)
Imports of Phosphates; N.E.S in Item No. 2835.2 in France
In 2022, approx. 5K tons of phosphates; n.e.s in item no. 2835.2s were imported into France; with an increase of 3.2% compared with the year before. Over the period under review, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 7% against the previous year.
In value terms, imports of phosphates; n.e.s in item no. 2835.2s surged to $18M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Phosphates; N.E.S in Item No. 2835.2 in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.2 | 2.8 | 3.5 | 4.8 | 29.7% |
| Spain | 3.4 | 2.4 | 2.7 | 4.4 | 9.0% |
| China | 1.4 | 2.7 | 4.7 | 3.7 | 38.3% |
| Germany | 2.0 | 2.3 | 2.7 | 3.1 | 15.7% |
| United Kingdom | 0.3 | 0.3 | 0.5 | 0.8 | 38.7% |
| Czech Republic | 0.5 | 0.1 | 0.2 | 0.7 | 11.9% |
| Netherlands | 3.1 | 0.6 | 0.1 | 0.2 | -59.9% |
| Finland | 0.2 | 0.2 | 0.3 | N/A | 22.5% |
| Others | 1.4 | 1.4 | 1.0 | 0.5 | -29.1% |
| Total | 14.5 | 12.8 | 15.6 | 18.2 | 7.9% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to France in 2022:
- Belgium (1845.1 tons)
- Germany (1608.0 tons)
- Czech Republic (481.8 tons)
- Spain (445.0 tons)
- China (259.8 tons)
- United Kingdom (218.1 tons)
- Netherlands (46.2 tons)
- Finland (29.3 tons)
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