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

Contents:

  1. Price for Phosphates; N.E.S in Item No. 2835.2 in Germany (FOB) - 2023
  2. Price for Phosphates; N.E.S in Item No. 2835.2 in Germany (CIF) - 2023
  3. Exports of Phosphates; N.E.S in Item No. 2835.2 in Germany
  4. Imports of Phosphates; N.E.S in Item No. 2835.2 in Germany

Price for Phosphates; N.E.S in Item No. 2835.2 in Germany (FOB) - 2023

In October 2023, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $5,065 per ton, with an increase of 24% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was China ($7,853 per ton), while the average price for exports to Mexico ($1,756 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 the Czech Republic (+4.9%), 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 Germany (CIF) - 2023

In October 2023, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $4,383 per ton, jumping by 80% against the previous month. Over the period under review, the import price saw resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($18,521 per ton), while the price for China ($2,758 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+31.6%), 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 Germany

In 2022, exports of phosphates; n.e.s in item no. 2835.2s from Germany contracted to 15K tons, reducing by -12.5% on the year before. Over the period under review, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 3.3%.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s amounted to $54M in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Phosphates; N.E.S in Item No. 2835.2 in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.47.77.06.0-13.9%
France2.62.73.23.712.5%
United Kingdom2.01.82.43.419.3%
Italy2.82.22.93.35.6%
Czech Republic1.91.41.93.219.0%
Netherlands3.02.22.73.11.1%
Austria1.62.02.23.124.7%
Poland2.11.92.82.78.7%
Spain1.41.21.91.910.7%
China1.81.72.41.80.0%
Turkey1.21.31.51.57.7%
Taiwan (Chinese)0.20.40.71.386.6%
Belgium1.40.91.31.3-2.4%
Others17.016.518.417.71.4%
Total48.144.051.353.93.9%

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

  1. United States (1.6K tons)
  2. Czech Republic (1.6K tons)
  3. France (1.6K tons)
  4. Austria (1.1K tons)
  5. Italy (0.8K tons)
  6. United Kingdom (0.8K tons)
  7. Netherlands (0.7K tons)
  8. Poland (0.6K tons)
  9. Belgium (0.6K tons)
  10. China (0.5K tons)
  11. Spain (0.5K tons)
  12. Turkey (0.4K tons)
  13. Taiwan (Chinese) (0.4K tons)

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

For the fourth year in a row, Germany recorded growth in supplies from abroad of phosphates; n.e.s in item no. 2835.2s, which increased by 3.4% to 10K tons in 2022. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 4.5% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s skyrocketed to $22M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.0% against 2020 indices. 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 Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.74.66.39.426.0%
China1.41.71.63.839.5%
Belgium1.01.21.42.026.0%
Spain1.51.72.01.74.3%
Netherlands1.60.50.51.2-9.1%
United States0.90.20.61.03.6%
FinlandN/AN/A0.30.8166.7%
Sweden0.81.41.70.5-14.5%
Slovenia0.10.20.10.458.7%
Others1.10.91.21.817.8%
Total13.212.415.622.419.3%

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

  1. France (5.6K tons)
  2. Belgium (0.9K tons)
  3. Netherlands (0.8K tons)
  4. China (0.7K tons)
  5. Finland (0.6K tons)
  6. Sweden (0.5K tons)
  7. Slovenia (0.3K tons)
  8. Spain (0.3K tons)
  9. United States (0.2K tons)

Source: IndexBox Market Intelligence Platform

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