Price for Phosphates; N.E.S in Item No. 2835.2 in Kazakhstan - 2022

Contents:

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

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

In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $1,049 per ton, growing by 9.2% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 +104.2% against 2015 indices. The most prominent rate of growth was recorded in 2021 an increase of 44% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($1,415 per ton), while the price for China totaled $706 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+18.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $1,227 per ton, rising by 3.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices hit record highs at $1,434 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkmenistan ($2,821 per ton), while the average price for exports to Russia totaled $1,081 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+12.6%).

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

In 2022, overseas purchases of phosphates; n.e.s in item no. 2835.2s were finally on the rise to reach 1.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s surged to $1.4M in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Phosphates; N.E.S in Item No. 2835.2 in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia37538928083130.4%
China27519494.651423.2%
Others21.932.515942.724.9%
Total6726155341,38827.4%

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

  1. China (728.5 tons)
  2. Russia (587.2 tons)

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

In 2022, approx. 37 tons of phosphates; n.e.s in item no. 2835.2s were exported from Kazakhstan; picking up by 54% on the previous year. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 144% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s skyrocketed to $46K in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 147% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Phosphates; N.E.S in Item No. 2835.2 in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia9.610.324.636.756.4%
TurkmenistanN/AN/AN/A8.80%
Uzbekistan0.61.13.1N/A127.3%
Others0.30.20.8N/A63.3%
Total10.511.528.545.563.0%

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

  1. Russia (34.0 tons)
  2. Turkmenistan (3.1 tons)

Source: IndexBox Market Intelligence Platform

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