Price for Fertilizers; Mineral or Chemical, Nitrogenous in Iran - 2021
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Iran (FOB) - 2022
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Iran (CIF) - 2022
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Iran
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Iran
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Iran (FOB) - 2022
The average export price for fertilizers; mineral or chemical, nitrogenoi stood at $409 per ton in 2022, jumping by 15% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 56% against the previous year. Over the period under review, the average export prices reached the maximum at $446 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($448 per ton), while the average price for exports to Brazil ($367 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 Turkey (+0.3%), while the prices for the other major destinations experienced a decline.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Iran (CIF) - 2022
The average import price for fertilizers; mineral or chemical, nitrogenoi stood at $599 per ton in 2022, rising by 33% against the previous year. In general, the import price, however, saw a slight contraction. The pace of growth appeared the most rapid in 2021 an increase of 53%. The import price peaked at $689 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($845 per ton), while the price for Uzbekistan ($244 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.8%), while the prices for the other major suppliers experienced a decline.
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Iran
Fertilizers; mineral or chemical, nitrogenous exports from Iran fell remarkably to 2.5M tons in 2022, shrinking by -50.6% compared with 2021 figures. In general, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 357%. As a result, the exports attained the peak of 5.1M tons, and then shrank markedly in the following year.
In value terms, fertilizers; mineral or chemical, nitrogenous exports declined notably to $1B in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 612% against the previous year. As a result, the exports reached the peak of $1.8B, and then dropped rapidly in the following year.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 121 | 120 | 825 | 522 | 62.8% |
| Turkey | 182 | 114 | 956 | 402 | 30.2% |
| India | 60.4 | 0.1 | 0.3 | 18.4 | -32.7% |
| Others | 39.7 | 21.2 | 31.1 | 91.4 | 32.0% |
| Total | 402 | 255 | 1,813 | 1,034 | 37.0% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Iran in 2022:
- Brazil (1423.2K tons)
- Turkey (897.1K tons)
- India (43.3K tons)
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Iran
In 2022, the amount of fertilizers; mineral or chemical, nitrogenoi imported into Iran contracted to 7.1K tons, which is down by -6.9% on the previous year's figure. Overall, imports faced a sharp shrinkage.
In value terms, fertilizers; mineral or chemical, nitrogenous imports surged to $4.3M in 2022. Over the period under review, imports continue to indicate a dramatic shrinkage.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.5 | 0.2 | 0.3 | 3.7 | 94.9% |
| Uzbekistan | 7.3 | 2.7 | 1.1 | 0.3 | -65.5% |
| China | 1.5 | 0.7 | 0.1 | N/A | -74.2% |
| United Arab Emirates | 0.7 | 0.2 | N/A | N/A | -71.4% |
| Others | 1.3 | 1.2 | 2.0 | 0.2 | -46.4% |
| Total | 11.2 | 5.1 | 3.4 | 4.3 | -27.3% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Iran in 2022:
- United Arab Emirates (undefinedK tons)
- Turkey (5.4K tons)
- Uzbekistan (1.2K tons)
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