Price for Phosphates; N.E.S in Item No. 2835.2 in Italy - 2023
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in Italy (CIF) - 2023
- Price for Phosphates; N.E.S in Item No. 2835.2 in Italy (FOB) - 2023
- Imports of Phosphates; N.E.S in Item No. 2835.2 in Italy
- Exports of Phosphates; N.E.S in Item No. 2835.2 in Italy
Price for Phosphates; N.E.S in Item No. 2835.2 in Italy (CIF) - 2023
In October 2023, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $1,107 per ton, waning by -64.8% against the previous month. Overall, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in January 2023 when the average import price increased by 95% against the previous month. Over the period under review, average import prices hit record highs at $4,503 per ton in May 2023; however, from June 2023 to October 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From October 2022 to October 2023, the rate of growth in terms of prices for Iceland amounted to +2.7% per month.
Price for Phosphates; N.E.S in Item No. 2835.2 in Italy (FOB) - 2023
The average export price for phosphates; n.e.s in item no. 2835.2s stood at $3,473 per ton in October 2023, waning by -7.8% against the previous month. In general, the export price saw a mild curtailment. The most prominent rate of growth was recorded in May 2023 an increase of 38% m-o-m. The export price peaked at $5,355 per ton in June 2023; however, from July 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 Ukraine ($7,485 per ton), while the average price for exports to Cote d'Ivoire ($2,793 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 Tunisia (+61.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Phosphates; N.E.S in Item No. 2835.2 in Italy
In 2022, purchases abroad of phosphates; n.e.s in item no. 2835.2s decreased by -6.8% to 3.9K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a noticeable contraction. The pace of growth was the most pronounced in 2020 with an increase of 8.1% against the previous year. As a result, imports reached the peak of 4.6K 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 surged to $10M in 2022. The total import value increased at an average annual rate of +12.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.9 | 2.4 | 3.1 | 2.9 | 0.0% |
| China | 0.6 | 0.6 | 0.3 | 2.8 | 67.1% |
| France | 2.2 | 2.5 | 2.8 | 2.6 | 5.7% |
| Spain | 0.3 | 1.6 | 1.0 | 1.1 | 54.2% |
| Slovenia | 0.3 | 0.3 | 0.2 | 0.3 | 0.0% |
| Mexico | N/A | N/A | 0.6 | 0.2 | -66.7% |
| Iceland | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Czech Republic | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Others | 0.7 | 1.0 | 0.7 | 0.3 | -24.6% |
| Total | 7.4 | 8.5 | 8.8 | 10.4 | 12.0% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Italy in 2022:
- China (1498.5 tons)
- France (848.2 tons)
- Germany (687.0 tons)
- Spain (341.9 tons)
- Iceland (165.1 tons)
- Slovenia (130.7 tons)
- Mexico (119.9 tons)
- Czech Republic (5.8 tons)
Exports of Phosphates; N.E.S in Item No. 2835.2 in Italy
After three years of growth, shipments abroad of phosphates; n.e.s in item no. 2835.2s decreased by -53.4% to 388 tons in 2022. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 29%.
In value terms, exports of phosphates; n.e.s in item no. 2835.2s declined dramatically to $1.4M in 2022. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 34%. As a result, the exports attained the peak of $2.2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Phosphates; N.E.S in Item No. 2835.2 in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 110 | 126 | 258 | 206 | 23.3% |
| Spain | 155 | 199 | 218 | 120 | -8.2% |
| Thailand | 73.1 | 52.9 | 39.8 | 108 | 13.9% |
| Hungary | 66.6 | 58.1 | 60.6 | 91.8 | 11.3% |
| Germany | 89.9 | 93.2 | 80.8 | 90.8 | 0.3% |
| Argentina | 15.4 | 35.4 | 12.7 | 74.3 | 69.0% |
| South Africa | 17.5 | 19.2 | 68.1 | 57.2 | 48.4% |
| Bosnia and Herzegovina | 33.4 | 77.8 | 59.1 | 55.2 | 18.2% |
| Poland | 137 | 25.4 | 15.2 | 46.9 | -30.0% |
| Mexico | 142 | 116 | 98.8 | 44.7 | -32.0% |
| France | 193 | 1,006 | 437 | 37.5 | -42.1% |
| Greece | 23.5 | 19.2 | 82.2 | 32.9 | 11.9% |
| Ukraine | 15.7 | 26.2 | 28.2 | 32.2 | 27.1% |
| Others | 604 | 386 | 462 | 354 | -16.3% |
| Total | 1,676 | 2,240 | 1,921 | 1,351 | -6.9% |
Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Italy in 2022:
- Netherlands (55.5 tons)
- Thailand (53.0 tons)
- Argentina (29.6 tons)
- France (28.1 tons)
- Spain (23.5 tons)
- Greece (19.5 tons)
- South Africa (18.8 tons)
- Mexico (17.6 tons)
- Germany (15.8 tons)
- Hungary (15.4 tons)
- Poland (13.5 tons)
- Bosnia and Herzegovina (12.4 tons)
- Ukraine (11.1 tons)
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
