Price for Phosphates; N.E.S in Item No. 2835.2 in Serbia - 2023
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in Serbia (CIF) - 2022
- Price for Phosphates; N.E.S in Item No. 2835.2 in Serbia (FOB) - 2022
- Imports of Phosphates; N.E.S in Item No. 2835.2 in Serbia
- Exports of Phosphates; N.E.S in Item No. 2835.2 in Serbia
Price for Phosphates; N.E.S in Item No. 2835.2 in Serbia (CIF) - 2022
In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $3,547 per ton, rising by 10% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +15.9% 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 +18.8% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 286%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,013 per ton), while the price for China ($2,648 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+19.5%), 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 Serbia (FOB) - 2022
In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $1,962 per ton, jumping by 71% against the previous year. Over the period under review, the export price recorded buoyant growth. As a result, the export price attained 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 2022, amid the top suppliers, the country with the highest price was Albania ($2,976 per ton), while the average price for exports to North Macedonia ($916 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 Croatia (+12.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Phosphates; N.E.S in Item No. 2835.2 in Serbia
In 2022, purchases abroad of phosphates; n.e.s in item no. 2835.2s decreased by -39.6% to 100 tons, falling for the second year in a row after two years of growth. In general, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 41%. As a result, imports attained the peak of 185 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of phosphates; n.e.s in item no. 2835.2s reduced notably to $353K in 2022. Over the period under review, imports saw a mild downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 45% against the previous year. As a result, imports reached the peak of $540K. 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 Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 161 | 333 | 234 | 210 | 9.3% |
| China | 0.8 | 2.7 | 30.4 | 84.5 | 372.7% |
| Germany | 86.2 | 137 | 132 | 20.2 | -38.3% |
| Slovenia | 70.7 | 39.2 | 31.8 | 16.0 | -39.1% |
| Austria | 4.5 | N/A | N/A | 10.7 | 33.5% |
| Italy | 36.6 | 21.2 | 15.5 | 0.1 | -86.0% |
| Russia | N/A | N/A | 67.2 | N/A | 0% |
| Others | 13.2 | 5.9 | 18.9 | 12.0 | -3.1% |
| Total | 373 | 540 | 530 | 353 | -1.8% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Serbia in 2022:
- France (52.3 tons)
- China (31.9 tons)
- Germany (5.2 tons)
- Slovenia (5.0 tons)
- Austria (3.3 tons)
Exports of Phosphates; N.E.S in Item No. 2835.2 in Serbia
In 2022, shipments abroad of phosphates; n.e.s in item no. 2835.2s increased by 53% to 22 tons for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +3.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of phosphates; n.e.s in item no. 2835.2s soared to $42K in 2022. Overall, exports posted strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Phosphates; N.E.S in Item No. 2835.2 in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 23.4 | 17.4 | 12.7 | 19.8 | -5.4% |
| Albania | N/A | N/A | N/A | 9.8 | 0% |
| North Macedonia | N/A | N/A | 2.1 | 7.8 | 271.4% |
| Others | 1.2 | 0.1 | 1.3 | 4.8 | 58.7% |
| Total | 24.6 | 17.5 | 16.1 | 42.2 | 19.7% |
Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Serbia in 2022:
- Bosnia and Herzegovina (9.5 tons)
- North Macedonia (8.5 tons)
- Albania (3.3 tons)
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