Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Portugal - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Portugal (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Portugal (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Portugal
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Portugal
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Portugal (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical amounted to $658 per ton, waning by -46.3% against the previous year. Overall, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2013 an increase of 138% against the previous year. The export price peaked at $1,225 per ton in 2021, and then fell dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($3,539 per ton), while the average price for exports to Sao Tome and Principe ($410 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 Saudi Arabia (+66.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Portugal (CIF) - 2022
The average import price for fertilizers, mineral or chemical stood at $484 per ton in 2022, jumping by 22% against the previous year. Overall, the import price enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 an increase of 119% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($486 per ton), while the price for Italy ($473 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+44.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Portugal
In 2022, shipments abroad of fertilizers, mineral or chemical increased by 2,053% to 2.8K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fertilizers, mineral or chemical soared to $1.8M in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | N/A | N/A | 1,573 | 0% |
| Bulgaria | N/A | N/A | N/A | 115 | 0% |
| Angola | 367 | 101 | 92.8 | 44.1 | -50.7% |
| Cabo Verde | 11.2 | 90.8 | 41.4 | 35.7 | 47.2% |
| Spain | 85.0 | 26.0 | 23.9 | 29.9 | -29.4% |
| Netherlands | 0.8 | 0.1 | N/A | 28.3 | 228.3% |
| Lebanon | 58.0 | 31.8 | N/A | N/A | -45.2% |
| Saudi Arabia | 8.0 | 15.4 | N/A | N/A | 92.5% |
| Others | 0.8 | 30.6 | N/A | 3.0 | 55.4% |
| Total | 531 | 296 | 158 | 1,829 | 51.0% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Portugal in 2022:
- Denmark (2504.6 tons)
- Bulgaria (92.7 tons)
- Netherlands (68.6 tons)
- Spain (52.5 tons)
- Cabo Verde (40.5 tons)
- Angola (12.5 tons)
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Portugal
In 2022, after two years of decline, there was significant growth in overseas purchases of fertilizers, mineral or chemical, when their volume increased by 1,099% to 61 tons. Over the period under review, imports, however, faced a precipitous slump.
In value terms, imports of fertilizers, mineral or chemical skyrocketed to $30K in 2022. Overall, imports, however, saw a dramatic downturn.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 230 | 9.6 | N/A | 24.9 | -52.3% |
| Germany | N/A | N/A | N/A | 2.9 | 0% |
| Italy | 21.8 | N/A | 2.0 | 1.9 | -55.7% |
| Sweden | 47.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 299 | 9.6 | 2.0 | 29.6 | -53.7% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Portugal in 2022:
- Spain (51.2 tons)
- Germany (6.0 tons)
- Italy (4.0 tons)
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