Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Sweden - 2023

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Sweden (CIF) - 2022
  2. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Sweden (FOB) - 2022
  3. Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Sweden
  4. Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Sweden

Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Sweden (CIF) - 2022

In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $272 per ton, shrinking by -3.6% against the previous year. Over the period under review, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 105% against the previous year. The import price peaked at $1,165 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($458 per ton), while the price for Finland stood at $271 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+3.6%).

Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Sweden (FOB) - 2022

In 2022, the average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $694 per ton, reducing by -19.3% against the previous year. Overall, the export price, however, saw resilient growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 65%. As a result, the export price attained the peak level of $1,048 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +6.2% per year.

Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Sweden

Imports of fertilizers, mineral or chemical; containing nitrates and phosphateses into Sweden surged to 49K tons in 2022, rising by 870% compared with the previous year's figure. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 3,804% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses skyrocketed to $13M in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,564% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland4.8N/A1.313.139.7%
Others0.10.10.10.10.0%
Total4.80.11.413.240.1%

Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Sweden in 2022:

  1. Finland (48.5K tons)

Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Sweden

In 2022, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses from Sweden skyrocketed to 818 tons, growing by 34% compared with the previous year's figure. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 5,824% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses expanded rapidly to $568K in 2022. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 9,700%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway3.7363524568435.4%
OthersN/AN/AN/AN/A0%
Total3.7363524568435.4%

Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Sweden in 2022:

  1. Norway (818.5 tons)

Source: IndexBox Market Intelligence Platform

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