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

Contents:

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

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

The average import price for phosphates; n.e.s in item no. 2835.2s stood at $2,867 per ton in 2022, reducing by -18.7% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.4% 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 +43.7% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 77% against the previous year. As a result, import price attained the peak level of $3,527 per ton, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,893 per ton), while the price for Slovenia ($915 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.8%), 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 Greece (FOB) - 2022

The average export price for phosphates; n.e.s in item no. 2835.2s stood at $4,952 per ton in 2022, with a decrease of -22.1% against the previous year. Overall, the export price, however, posted a resilient expansion. The pace of growth was the most pronounced in 2021 an increase of 149%. As a result, the export price attained the peak level of $6,357 per ton, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($7,588 per ton), while the average price for exports to Romania ($1,130 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+12.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of phosphates; n.e.s in item no. 2835.2s imported into Greece soared to 149 tons, jumping by 41% on the year before. In general, imports saw a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 93%. As a result, imports reached the peak of 250 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s rose remarkably to $428K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 decreased by -14.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 75% against the previous year. As a result, imports reached the peak of $498K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Phosphates; N.E.S in Item No. 2835.2 in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France98.81361311289.0%
Germany66.310312068.20.9%
Slovenia29.929.712.364.729.3%
PolandN/AN/AN/A54.20%
Belgium0.30.553.248.2443.6%
United Kingdom5.312.631.624.566.6%
AustriaN/A20.79.011.0-27.1%
Bulgaria49.372.7N/A10.3-40.7%
China7.269.1N/A2.1-33.7%
Others27.153.216.817.2-14.1%
Total28449837442814.7%

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

  1. Slovenia (70.7 tons)
  2. France (22.3 tons)
  3. Belgium (15.1 tons)
  4. Poland (14.6 tons)
  5. Germany (9.9 tons)
  6. United Kingdom (4.8 tons)
  7. Bulgaria (3.9 tons)
  8. Austria (3.4 tons)
  9. China (1.0 tons)

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

In 2022, approx. 2.2 tons of phosphates; n.e.s in item no. 2835.2s were exported from Greece; with a decrease of -42.4% on the previous year's figure. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 77%. As a result, the exports attained the peak of 3.8 tons, and then dropped rapidly in the following year.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s shrank dramatically to $11K in 2022. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 342% against the previous year. As a result, the exports attained the peak of $24K, and then fell notably in the following year.

Export of Phosphates; N.E.S in Item No. 2835.2 in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/AN/A9.10%
BulgariaN/A0.30.11.2100.0%
Romania0.11.60.50.681.7%
Cyprus4.03.520.4N/A125.8%
United Arab Emirates1.2N/AN/AN/A0%
AlbaniaN/AN/A3.2N/A0%
OthersN/A0.1N/AN/A0%
Total5.45.524.210.926.4%

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

  1. Malaysia (1198.0 kg)
  2. Romania (531.0 kg)
  3. Bulgaria (465.0 kg)

Source: IndexBox Market Intelligence Platform

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