Price for Fertilizers; Mineral or Chemical, Phosphatic in Japan - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Japan (CIF) - 2023
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Japan (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Japan
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Japan
Price for Fertilizers; Mineral or Chemical, Phosphatic in Japan (CIF) - 2023
In July 2023, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $493 per ton, dropping by -12.2% against the previous month. In general, the import price showed a noticeable setback. The most prominent rate of growth was recorded in June 2023 an increase of 28% against the previous month. The import price peaked at $741 per ton in September 2022; however, from October 2022 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Bulgaria ($607 per ton), while the price for Vietnam ($320 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Israel (0.0%), while the prices for the other major suppliers experienced a decline.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Japan (FOB) - 2022
The average export price for fertilizers; mineral or chemical, phosphatics stood at $1,030 per ton in 2022, falling by -16.4% against the previous year. Overall, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2019 an increase of 211% against the previous year. The export price peaked at $1,610 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($7,056 per ton), while the average price for exports to Taiwan (Chinese) ($807 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 Myanmar (+32.2%), while the prices for the other major destinations experienced a decline.
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Japan
In 2022, purchases abroad of fertilizers; mineral or chemical, phosphatics decreased by -11.3% to 87K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 3% against the previous year. As a result, imports reached the peak of 122K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, fertilizers; mineral or chemical, phosphatic imports skyrocketed to $55M in 2022. The total import value increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 39.7 | 38.3 | 34.2 | 48.2 | 6.7% |
| Israel | 2.9 | 1.4 | 4.9 | 4.2 | 13.1% |
| Bulgaria | 0.2 | 0.3 | 0.3 | 1.6 | 100.0% |
| Vietnam | 0.2 | 0.2 | 0.3 | 1.0 | 71.0% |
| Others | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
| Total | 43.1 | 40.4 | 39.7 | 55.2 | 8.6% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Japan in 2022:
- China (75.5K tons)
- Israel (4.1K tons)
- Bulgaria (3.5K tons)
- Vietnam (3.2K tons)
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Japan
In 2022, approx. 688 tons of fertilizers; mineral or chemical, phosphatics were exported from Japan; picking up by 8.6% compared with the previous year. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, phosphatic exports fell to $709K in 2022. In general, exports, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 1.6%.
| Export of Fertilizers; Mineral or Chemical, Phosphatic in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 192 | 401 | 309 | 431 | 30.9% |
| China | 144 | 276 | 138 | 155 | 2.5% |
| Taiwan (Chinese) | 58.9 | 92.0 | 88.8 | 97.7 | 18.4% |
| Myanmar | 406 | N/A | 240 | 10.0 | -70.9% |
| Others | 22.9 | N/A | 5.2 | 15.0 | -13.2% |
| Total | 823 | 769 | 781 | 709 | -4.8% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Japan in 2022:
- South Korea (384.0 tons)
- China (180.0 tons)
- Taiwan (Chinese) (121.0 tons)
- Myanmar (1.4 tons)
332
This report provides an in-depth analysis of the phosphatic fertilizer market in Japan.
296
This report provides an in-depth analysis of the global phosphatic fertilizer market.
332
This report provides an in-depth analysis of the phosphatic fertilizer market in Japan.
296
This report provides an in-depth analysis of the global phosphatic fertilizer market.
144
Explore the top 10 countries by import value of phosphatic fertilizer in 2023. Learn about the key players in the global agricultural industry and their reliance on imported fertilizer.
144
Explore the top 10 countries by import value of phosphatic fertilizer in 2023. Learn about the key players in the global agricultural industry and their reliance on imported fertilizer.
