Price for Fertilizers; Mineral or Chemical, Nitrogenous in Greece - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Greece (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Greece (FOB) - 2023
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Greece
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Greece
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Greece (CIF) - 2022
The average import price for fertilizers; mineral or chemical, nitrogenoi stood at $638 per ton in 2022, picking up by 56% against the previous year. Overall, the import price posted a moderate increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 64%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uzbekistan ($808 per ton), while the price for Georgia ($240 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Greece (FOB) - 2023
The average export price for fertilizers; mineral or chemical, nitrogenoi stood at $313 per ton in June 2023, flattening at the previous month. Overall, the export price, however, saw a drastic downturn. The pace of growth appeared the most rapid in October 2022 an increase of 13% against the previous month. As a result, the export price reached the peak level of $786 per ton. From November 2022 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Romania ($836 per ton), while the average price for exports to Ireland ($241 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+1.2%), while the prices for the other major destinations experienced a decline.
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Greece
For the fourth consecutive year, Greece recorded growth in supplies from abroad of fertilizers; mineral or chemical, nitrogenoi, which increased by 18% to 469K tons in 2022. The total import volume increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous imports skyrocketed to $299M in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 52.7 | 45.7 | 92.9 | 166 | 46.6% |
| China | 1.4 | 1.2 | 0.1 | 24.6 | 160.0% |
| Netherlands | 14.6 | 13.0 | 12.6 | 18.2 | 7.6% |
| Indonesia | N/A | N/A | N/A | 15.1 | 0% |
| Uzbekistan | N/A | N/A | 10.4 | 14.7 | 41.3% |
| Turkey | 1.0 | 2.6 | 1.6 | 6.3 | 84.7% |
| Italy | 8.0 | 5.7 | 10.3 | 6.2 | -8.1% |
| Spain | 3.9 | 3.2 | 1.3 | 6.2 | 16.7% |
| France | 0.8 | 1.8 | 0.4 | 5.7 | 92.4% |
| Russia | 2.4 | 2.8 | 6.7 | 5.5 | 31.8% |
| Bulgaria | 3.2 | 2.8 | 6.1 | 4.2 | 9.5% |
| Norway | 1.7 | 1.1 | 0.3 | 3.7 | 29.6% |
| Georgia | 1.4 | 0.7 | 2.0 | 2.1 | 14.5% |
| Others | 15.5 | 17.2 | 17.0 | 21.4 | 11.4% |
| Total | 107 | 97.9 | 162 | 299 | 40.9% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Greece in 2022:
- Egypt (207.1K tons)
- China (54.4K tons)
- Netherlands (43.4K tons)
- Indonesia (18.9K tons)
- Uzbekistan (18.2K tons)
- Russia (15.8K tons)
- Turkey (14.7K tons)
- France (12.5K tons)
- Italy (11.1K tons)
- Spain (10.3K tons)
- Bulgaria (9.9K tons)
- Norway (9.5K tons)
- Georgia (8.8K tons)
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Greece
In 2022, after two years of decline, there was significant growth in overseas shipments of fertilizers; mineral or chemical, nitrogenoi, when their volume increased by 241% to 451K tons. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous exports skyrocketed to $170M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 19.2 | 13.4 | 17.8 | 72.5 | 55.7% |
| Romania | 4.1 | 5.2 | 7.5 | 29.8 | 93.7% |
| Ireland | 11.0 | 4.3 | 0.7 | 17.8 | 17.4% |
| Albania | 1.0 | 1.2 | 1.6 | 7.0 | 91.3% |
| North Macedonia | 1.2 | 1.3 | 1.2 | 6.6 | 76.5% |
| Turkey | 0.1 | 0.7 | 3.7 | 6.5 | 302.1% |
| Serbia | 1.4 | 0.5 | 0.7 | 4.5 | 47.6% |
| Belgium | 3.8 | N/A | N/A | 0.3 | -57.1% |
| Italy | 2.9 | 2.3 | N/A | N/A | -20.7% |
| Others | 3.7 | 5.9 | 14.9 | 24.8 | 88.5% |
| Total | 48.6 | 34.6 | 48.2 | 170 | 51.8% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Greece in 2022:
- Bulgaria (186.3K tons)
- Ireland (76.5K tons)
- Romania (74.9K tons)
- Turkey (30.8K tons)
- Albania (16.1K tons)
- North Macedonia (16.1K tons)
- Serbia (15.4K tons)
- Belgium (0.8K tons)
- Italy (0.1K tons)
526
This report provides an in-depth analysis of the ammonium nitrate market in Greece.
621
This report provides an in-depth analysis of the urea market in Greece.
840
This report provides an in-depth analysis of the nitrogenous fertilizer market in Greece.
417
This report provides an in-depth analysis of the sodium nitrate market in Greece.
316
This report provides an in-depth analysis of the market for calcium ammonium nitrate (can) in Greece.
344
This report provides an in-depth analysis of the ammonium sulphate market in Greece.
277
This report provides an in-depth analysis of the market for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution in Greece.
1224
This report provides an in-depth analysis of the fertilizer market in Greece.
301
This report provides an in-depth analysis of the market for iron or steel can in Greece.
999
This report provides an in-depth analysis of the global ammonium nitrate market.
80
The global market for ammonium nitrate is expected to experience steady growth over the next seven years, with market volume projected to reach 31M tons and market value expected to reach $15.8B by the end of 2030. The market is forecasted to see a CAGR of +3.0% in volume and +5.5% in value from 2023 to 2030.
410
Explore the top import markets for urea, including India, Brazil, United States, Australia, and more. Learn about their import values and key statistics.
3054
Urea price soared by +46% in October 2021, reaching $612.5 per ton, according to the latest World Bank's data. The spike was caused by a sharp slump in the world's production, as many producers have suspended manufacturing owing to skyrocketing natural gas prices and energy resource shortages. Russia, China and Egypt remain the key urea suppliers, while India, Brazil and the U.S. lead the world import ranking.
848
Brazil, Argentina, Australia and Spain increased urea supplies from abroad sharply in 2020. Despite this, global imports of this product slightly dropped last year. India, Brazil, the U.S. remain the largest markets for imported urea worldwide. In 2020, the average import price reduced by -9.8% against the previous year.
153
Explore the top 10 import markets for nitrogenous fertilizer and their significance in the global agricultural industry.
1048
In value terms, radioactive chemical elements and radioactive isotopes imports amounted to $X in 2016. Overall, radioactive chemical elements and radioactive isotopes imports continue to indicate a ...
796
In value terms, mineral and chemical, phosphatic fertilizers imports totaled $X in 2016. In general, mineral and chemical, phosphatic fertilizers imports continue to indicate a relatively flat tren...
1348
In value terms, mineral and chemical, potassic fertilizers imports amounted to $X in 2016. Overall, it indicated a mild growth from 2007 to 2016: the total imports value increased at an average annu...
800
In value terms, chemical elements doped for use in electronics imports stood at $X in 2016. Overall, chemical elements doped for use in electronics imports continue to indicate a moderate deduction. ...
850
In value terms, mineral and chemical, potassic fertilizers exports amounted to $X in 2016. Overall, it indicated a temperate expansion from 2007 to 2016: the total exports value decreased at an aver...
