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

Contents:

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

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

In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $3,376 per ton, increasing by 12% against the previous year. Overall, the export price posted a resilient increase. The growth pace was the most rapid in 2018 an increase of 82%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($3,376 per ton) and the United States ($3,376 per ton), while the average price for exports to Singapore ($3,376 per ton) and Thailand ($3,376 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+9.6%), 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 Israel (CIF) - 2022

The average import price for phosphates; n.e.s in item no. 2835.2s stood at $3,366 per ton in 2022, jumping by 55% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 +84.6% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($3,366 per ton) and the United States ($3,366 per ton), while the price for the UK ($3,366 per ton) and China ($3,366 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.7%), 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 Israel

In 2022, the amount of phosphates; n.e.s in item no. 2835.2s exported from Israel soared to 483 tons, picking up by 15% against the year before. Over the period under review, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 86% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s surged to $1.6M in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 105%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. United States (140.7 tons)
2. Canada (74.7 tons)
3. Malaysia (48.6 tons)
4. Australia (41.5 tons)
5. Ireland (41.5 tons)
6. Singapore (39.4 tons)
7. Thailand (26.7 tons)
8. Turkey (21.3 tons)
9. Hong Kong SAR (13.0 tons)
10. China (8.6 tons)

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

In 2022, approx. 182 tons of phosphates; n.e.s in item no. 2835.2s were imported into Israel; declining by -53.5% on the year before. In general, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. As a result, imports reached the peak of 392 tons, and then reduced notably in the following year.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s dropped remarkably to $614K in 2022. Overall, total imports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +3.7% 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 +11.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of $850K, and then declined dramatically in the following year.

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

1. France (65.1 tons)
2. Germany (47.5 tons)
3. China (28.5 tons)
4. Belgium (18.4 tons)
5. United States (12.5 tons)
6. India (3.6 tons)
7. United Kingdom (3.3 tons)

Source: IndexBox Market Intelligence Platform