Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Bangladesh - 2022

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Bangladesh (CIF) - 2022
  2. Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Bangladesh

Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Bangladesh (CIF) - 2022

In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $2,041 per ton, waning by -2.4% against the previous year. Over the period under review, the import price showed a noticeable decline. The import price peaked at $2,090 per ton in 2021, and then contracted slightly in the following year.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2021 to 2022, the rate of growth in terms of prices for the UK amounted to -2.3% per year.

Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Bangladesh

In 2022, the amount of fertilizers, mineral or chemical; containing nitrates and phosphateses imported into Bangladesh declined significantly to 10 tons, waning by -30.6% compared with the previous year. Over the period under review, imports faced a precipitous descent.

In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses reduced markedly to $20K in 2022. In general, imports recorded a precipitous shrinkage.

Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Bangladesh (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United Kingdom30.220.5-32.1%
OthersN/AN/A0%
Total30.220.5-32.1%

Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Bangladesh in 2022:

  1. United Kingdom (10.0 tons)

Source: IndexBox Market Intelligence Platform

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