Tunisia - Urea - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUrea Price in Tunisia - 2022
Contents:
- Urea Price in Tunisia (CIF) - 2022
- Urea Price in Tunisia (FOB) - 2022
- Urea Imports in Tunisia
- Urea Exports in Tunisia
Urea Price in Tunisia (CIF) - 2022
The average urea import price stood at $973 per ton in December 2022, declining by -6.1% against the previous month. Over the period under review, import price indicated tangible growth from December 2021 to December 2022: its price increased at an average monthly rate of +2.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, urea import price decreased by -28.9% against September 2022 indices. The pace of growth was the most pronounced in January 2022 when the average import price increased by 50% m-o-m. Over the period under review, average import prices attained the maximum at $1,369 per ton in September 2022; however, from October 2022 to December 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Austria ($1,423 per ton), while the price for Ukraine ($825 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Egypt (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Urea Price in Tunisia (FOB) - 2022
The average urea export price stood at $2,900 per ton in 2022, with an increase of 33% against the previous year. Overall, the export price posted resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($3,000 per ton), while the average price for exports to Libya totaled $2,875 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.
Urea Imports in Tunisia
In 2022, imports of urea into Tunisia expanded notably to 3.5K tons, increasing by 5.7% on the year before. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, urea imports surged to $2.4M in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Urea in Tunisia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 167 | N/A | 371 | 544 | 48.2% |
| Italy | 93.5 | N/A | 44.1 | 474 | 71.8% |
| Egypt | 55.9 | N/A | 226 | 338 | 82.2% |
| Oman | N/A | N/A | 22.5 | 322 | 1331.1% |
| Ukraine | 78.6 | N/A | 142 | 282 | 53.1% |
| Russia | 24.7 | N/A | 48.1 | 129 | 73.5% |
| France | 25.7 | N/A | 135 | 99.8 | 57.2% |
| Turkey | 65.1 | N/A | 97.4 | N/A | 22.3% |
| Others | 455 | N/A | 832 | 243 | -18.9% |
| Total | 965 | N/A | 1,918 | 2,433 | 36.1% |
Top Suppliers of Urea to Tunisia in 2022:
- Italy (1113.7 tons)
- Austria (1037.4 tons)
- Egypt (343.0 tons)
- Oman (330.0 tons)
- Ukraine (255.5 tons)
- France (158.0 tons)
- Russia (135.0 tons)
Urea Exports in Tunisia
In 2022, approx. 20 kg of urea were exported from Tunisia; declining by -62.3% compared with the year before. Overall, exports continue to indicate a dramatic decrease.
In value terms, urea exports contracted dramatically to $58 in 2022. In general, exports recorded a sharp contraction.
| Export of Urea in Tunisia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Libya | 86.0 | 46.0 | -46.5% | ||
| France | 29.0 | 12.0 | -58.6% | ||
| Others | 1.0 | N/A | 0% | ||
| Total | 116 | 58.0 | -50.0% | ||
Top Export Markets for Urea from Tunisia in 2022:
- Libya (16.0 kg)
- France (4.0 kg)
This report provides an in-depth analysis of the urea market in Tunisia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4001 - Urea
Country coverage:
- Tunisia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Tunisia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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