Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Germany - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Germany (CIF) - 2023
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Germany (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Germany
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Germany
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Germany (CIF) - 2023
In November 2023, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $431 per ton, with a decrease of -4.7% against the previous month. Over the period under review, the import price recorded a pronounced decrease. The most prominent rate of growth was recorded in June 2023 an increase of 47% m-o-m. The import price peaked at $773 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the highest price was recorded for prices from Austria ($471 per ton) and Belgium ($443 per ton), while the price for Russia ($400 per ton) and Finland ($410 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Finland (-3.2%), while the prices for the other major suppliers experienced a decline.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Germany (FOB) - 2022
The average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $994 per ton in 2022, surging by 62% against the previous year. Over the period under review, the export price continues to indicate resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($3,706 per ton), while the average price for exports to Greece ($365 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 (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Germany
Imports of fertilizers, mineral or chemical; containing nitrates and phosphateses into Germany surged to 75K tons in 2022, growing by 21% compared with the previous year's figure. The total import volume increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses soared to $47M in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 3.0 | 3.0 | 5.3 | 17.9 | 81.4% |
| Finland | 3.9 | 5.6 | 6.7 | 11.4 | 43.0% |
| Austria | 5.8 | 4.4 | 6.3 | 8.9 | 15.3% |
| Russia | 1.4 | N/A | 1.7 | 4.5 | 47.6% |
| Netherlands | 1.9 | 1.6 | 1.9 | 2.4 | 8.1% |
| Poland | 1.0 | 0.9 | 1.4 | 0.8 | -7.2% |
| Czech Republic | N/A | 0.1 | 0.2 | 0.4 | 100.0% |
| Others | 0.8 | 0.3 | 0.2 | 0.7 | -4.4% |
| Total | 17.8 | 15.9 | 23.7 | 47.0 | 38.2% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Germany in 2022:
- Belgium (26.2K tons)
- Finland (18.3K tons)
- Austria (12.0K tons)
- Russia (10.5K tons)
- Netherlands (3.9K tons)
- Poland (2.1K tons)
- Czech Republic (1.8K tons)
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Germany
In 2022, overseas shipments of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by -23.5% to 12K tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a perceptible setback. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. As a result, the exports attained the peak of 16K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses surged to $12M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 511 | 1,008 | 1,629 | 3,284 | 85.9% |
| Hungary | 829 | 439 | 766 | 2,145 | 37.3% |
| Switzerland | 1,018 | 1,201 | 1,008 | 1,334 | 9.4% |
| Romania | 277 | 457 | 1,198 | 1,241 | 64.9% |
| Austria | 339 | 348 | 770 | 915 | 39.2% |
| Italy | 113 | 695 | 697 | 910 | 100.4% |
| Czech Republic | 583 | 670 | 1,413 | 332 | -17.1% |
| Denmark | 557 | 504 | 501 | 315 | -17.3% |
| Belgium | 1,167 | 121 | 241 | 208 | -43.7% |
| Others | 1,994 | 1,607 | 1,325 | 1,167 | -16.4% |
| Total | 7,388 | 7,050 | 9,547 | 11,851 | 17.1% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Germany in 2022:
- Netherlands (4.8K tons)
- Switzerland (1.8K tons)
- Italy (1.3K tons)
- Austria (1.0K tons)
- Romania (0.6K tons)
- Hungary (0.6K tons)
- Czech Republic (0.5K tons)
- Denmark (0.4K tons)
- Belgium (0.4K tons)
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