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Slovenia - Urea - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUrea Price in Slovenia - 2023
Contents:
- Urea Price in Slovenia (CIF) - 2023
- Urea Price in Slovenia (FOB) - 2023
- Urea Imports in Slovenia
- Urea Exports in Slovenia
Urea Price in Slovenia (CIF) - 2023
The average urea import price stood at $490 per ton in September 2023, increasing by 19% against the previous month. Overall, the import price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in November 2022 an increase of 77% against the previous month. As a result, import price reached the peak level of $1,091 per ton. From December 2022 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Latvia ($612 per ton), while the price for Italy ($385 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Romania (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Urea Price in Slovenia (FOB) - 2023
The average urea export price stood at $504 per ton in September 2023, dropping by -1.9% against the previous month. In general, the export price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in August 2023 an increase of 21% month-to-month. The export price peaked at $789 per ton in November 2022; however, from December 2022 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Slovakia ($1,124 per ton), while the average price for exports to Serbia ($452 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+4.4%), while the prices for the other major destinations experienced a decline.
Urea Imports in Slovenia
For the fourth consecutive year, Slovenia recorded growth in purchases abroad of urea, which increased by 343% to 360K tons in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, urea imports soared to $139M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Urea in Slovenia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 0.6 | 1.2 | 0.5 | 46.0 | 324.8% |
Egypt | N/A | N/A | 6.9 | 23.3 | 237.7% |
Slovakia | 4.3 | 4.5 | 9.8 | 17.5 | 59.7% |
Italy | 1.7 | 1.3 | 3.5 | 9.8 | 79.3% |
Germany | 0.1 | 0.9 | 2.4 | 8.3 | 336.2% |
Croatia | 5.0 | 5.3 | 6.1 | 7.0 | 11.9% |
Poland | 0.3 | 0.2 | 1.2 | 4.1 | 139.1% |
Others | 2.0 | 2.4 | 3.4 | 22.5 | 124.1% |
Total | 13.9 | 16.0 | 33.7 | 139 | 115.4% |
Top Suppliers of Urea to Slovenia in 2022:
- Russia (202.7K tons)
- Italy (29.5K tons)
- Egypt (25.8K tons)
- Slovakia (23.0K tons)
- Germany (20.6K tons)
- Croatia (18.6K tons)
- Poland (13.5K tons)
Urea Exports in Slovenia
In 2022, the amount of urea exported from Slovenia skyrocketed to 245K tons, increasing by 473% on the year before. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, urea exports surged to $98M in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Urea in Slovenia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 0.5 | 0.2 | 5.5 | 43.9 | 344.5% |
Croatia | 2.5 | 2.2 | 5.4 | 23.6 | 111.3% |
Austria | 0.7 | 0.6 | 1.3 | 13.6 | 168.8% |
Slovakia | N/A | N/A | N/A | 6.7 | 0% |
Italy | N/A | 0.2 | 0.8 | 2.5 | 253.6% |
Bosnia and Herzegovina | 0.4 | 0.4 | 1.0 | 1.5 | 55.4% |
Others | 0.2 | 0.2 | 1.1 | 5.8 | 207.2% |
Total | 4.4 | 3.9 | 15.0 | 97.5 | 180.9% |
Top Export Markets for Urea from Slovenia in 2022:
- Hungary (101.1K tons)
- Croatia (78.4K tons)
- Austria (33.7K tons)
- Italy (10.8K tons)
- Slovakia (7.9K tons)
- Bosnia and Herzegovina (6.1K tons)
This report provides an in-depth analysis of the urea market in Slovenia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4001 - Urea
Country coverage:
- Slovenia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovenia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for urea, including India, Brazil, United States, Australia, and more. Learn about their import values and key statistics.
Urea price soared by +46% in October 2021, reaching $612.5 per ton, according to the latest World Bank's data. The spike was caused by a sharp slump in the world's production, as many producers have suspended manufacturing owing to skyrocketing natural gas prices and energy resource shortages. Russia, China and Egypt remain the key urea suppliers, while India, Brazil and the U.S. lead the world import ranking.
Brazil, Argentina, Australia and Spain increased urea supplies from abroad sharply in 2020. Despite this, global imports of this product slightly dropped last year. India, Brazil, the U.S. remain the largest markets for imported urea worldwide. In 2020, the average import price reduced by -9.8% against the previous year.
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