Price for Fertilizers; Mineral or Chemical, Phosphatic in Romania - 2023

Contents:

  1. Price for Fertilizers; Mineral or Chemical, Phosphatic in Romania (CIF) - 2022
  2. Price for Fertilizers; Mineral or Chemical, Phosphatic in Romania (FOB) - 2022
  3. Imports of Fertilizers; Mineral or Chemical, Phosphatic in Romania
  4. Exports of Fertilizers; Mineral or Chemical, Phosphatic in Romania

Price for Fertilizers; Mineral or Chemical, Phosphatic in Romania (CIF) - 2022

In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $471 per ton, increasing by 106% against the previous year. In general, the import price saw mild growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($886 per ton), while the price for Morocco ($208 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fertilizers; Mineral or Chemical, Phosphatic in Romania (FOB) - 2022

In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $620 per ton, picking up by 5.2% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 46%. Over the period under review, the average export prices attained the peak figure at $2,625 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($807 per ton), while the average price for exports to Bulgaria ($593 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 Hungary (+2.3%), while the prices for the other major destinations experienced a decline.

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Romania

In 2022, imports of fertilizers; mineral or chemical, phosphatics into Romania reduced remarkably to 76K tons, with a decrease of -68.3% against 2021 figures. Overall, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. As a result, imports attained the peak of 240K tons, and then dropped significantly in the following year.

In value terms, fertilizers; mineral or chemical, phosphatic imports declined dramatically to $36M in 2022. In general, imports, however, recorded a measured increase. The pace of growth was the most pronounced in 2021 with an increase of 101% against the previous year. As a result, imports attained the peak of $55M, and then fell dramatically in the following year.

Import of Fertilizers; Mineral or Chemical, Phosphatic in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria4.84.79.29.826.9%
Morocco22.318.733.14.6-40.9%
Egypt0.10.97.74.4253.0%
Serbia2.01.70.13.823.9%
TurkeyN/AN/AN/A3.10%
GreeceN/AN/AN/A2.60%
LebanonN/AN/AN/A2.00%
Others2.21.34.75.434.9%
Total31.427.354.835.84.5%

Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Romania in 2022:

  1. Morocco (22.1K tons)
  2. Egypt (20.6K tons)
  3. Bulgaria (11.1K tons)
  4. Serbia (5.3K tons)
  5. Turkey (4.0K tons)
  6. Greece (3.5K tons)
  7. Lebanon (3.2K tons)

Exports of Fertilizers; Mineral or Chemical, Phosphatic in Romania

In 2022, the amount of fertilizers; mineral or chemical, phosphatics exported from Romania surged to 6.1K tons, rising by 1,412% against the previous year. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,673% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, fertilizers; mineral or chemical, phosphatic exports surged to $3.8M in 2022. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 2,307% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Fertilizers; Mineral or Chemical, Phosphatic in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria2.98.71393,122924.9%
Moldova59.9N/A31.4666123.2%
Austria37.3N/AN/AN/A0%
Others21.81.269.122.51.1%
Total12210.02403,810214.9%

Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Romania in 2022:

  1. Bulgaria (5.3K tons)
  2. Moldova (0.8K tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Fertilizers; mineral or chemical, phosphatic - Romania