Phosphates; of Potassium Price in Latvia - 2023
Contents:
- Phosphates; of Potassium Price in Latvia (CIF) - 2022
- Phosphates; of Potassium Price in Latvia (FOB) - 2022
- Phosphates; of Potassium Imports in Latvia
- Phosphates; of Potassium Exports in Latvia
Phosphates; of Potassium Price in Latvia (CIF) - 2022
The average phosphates; of potassium import price stood at $4,167 per ton in 2022, jumping by 64% against the previous year. In general, the import price continues to indicate a prominent expansion. 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 Poland ($6,656 per ton), while the price for Croatia ($3,184 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphates; of Potassium Price in Latvia (FOB) - 2022
The average phosphates; of potassium export price stood at $21,132 per ton in 2022, increasing by 14% against the previous year. Over the period under review, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 91% against the previous year. The export price peaked at $27,630 per ton in 2018; however, from 2019 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 Russia ($28,170 per ton), while the average price for exports to Germany amounted to $4,364 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+26.0%).
Phosphates; of Potassium Imports in Latvia
In 2022, phosphates; of potassium imports into Latvia contracted markedly to 4 tons, shrinking by -52.1% on the previous year's figure. In general, imports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of 12%.
In value terms, phosphates; of potassium imports dropped notably to $17K in 2022. Over the period under review, imports saw a perceptible downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. As a result, imports reached the peak of $21K, and then shrank remarkably in the following year.
| Import of Phosphates; of Potassium in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 6.2 | 12.0 | 14.7 | 11.5 | 22.9% |
| Poland | N/A | 1.4 | 1.8 | 1.7 | 10.2% |
| Lithuania | N/A | 0.1 | 0.1 | 0.6 | 144.9% |
| France | 9.5 | N/A | N/A | N/A | 0% |
| Others | 3.1 | 1.4 | 4.7 | 3.0 | -1.1% |
| Total | 18.8 | 14.9 | 21.3 | 16.7 | -3.9% |
Top Suppliers of Phosphates; of Potassium to Latvia in 2022:
- Croatia (3.6 tons)
- Poland (0.3 tons)
- Lithuania (0.1 tons)
Phosphates; of Potassium Exports in Latvia
In 2022, shipments abroad of phosphates; of potassia increased by 42% to 152 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a abrupt contraction.
In value terms, phosphates; of potassium exports soared to $3.2K in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Phosphates; of Potassium in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.5 | 2.4 | 1.9 | 3.0 | 26.0% |
| Germany | 0.3 | N/A | N/A | 0.2 | -12.6% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 1.7 | 2.4 | 2.0 | 3.2 | 23.5% |
Top Export Markets for Phosphates; of Potassium from Latvia in 2022:
- Russia (106.0 kg)
- Germany (44.0 kg)
99
This report provides an in-depth analysis of the market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) in Latvia.
105
This report provides an in-depth analysis of the dicalcium phosphate market in Latvia.
80
This report provides an in-depth analysis of the sodium phosphates market in Latvia.
77
This report provides an in-depth analysis of the phosphinates and phosphonates market in Latvia.
104
This report provides an in-depth analysis of the global market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate).
1267
This report provides an in-depth analysis of the global dicalcium phosphate market.
586
This report provides an in-depth analysis of the global sodium phosphates market.
562
This report provides an in-depth analysis of the global phosphinates and phosphonates market.
541
This report provides an in-depth analysis of the global sodium triphosphate market.
99
This report provides an in-depth analysis of the market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) in Latvia.
821
In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
1254
In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
821
In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
1254
In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
