Price for Fertilizers; Mineral or Chemical, Phosphatic in Saudi Arabia - 2021
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Saudi Arabia (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Saudi Arabia (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Saudi Arabia
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Saudi Arabia
Price for Fertilizers; Mineral or Chemical, Phosphatic in Saudi Arabia (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $682 per ton, approximately reflecting the previous year. Overall, the import price, however, saw notable growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $1,191 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
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 Spain ($10,177 per ton), while the price for the Netherlands ($85 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Saudi Arabia (FOB) - 2022
The average export price for fertilizers; mineral or chemical, phosphatics stood at $479 per ton in 2022, waning by -5.2% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices reached the peak figure at $505 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Syrian Arab Republic ($953 per ton), while the average price for exports to Bahrain ($109 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 South Africa (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Saudi Arabia
Fertilizers; mineral or chemical, phosphatic imports into Saudi Arabia contracted notably to 2.4K tons in 2022, dropping by -49.8% compared with the year before. Overall, imports recorded a dramatic downturn.
In value terms, fertilizers; mineral or chemical, phosphatic imports shrank notably to $1.7M in 2022. Over the period under review, imports continue to indicate a significant decline.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Jordan | 3,109 | 790 | -74.6% | ||
| Belgium | N/A | 385 | 0% | ||
| India | N/A | 184 | 0% | ||
| Egypt | N/A | 78.6 | 0% | ||
| Netherlands | N/A | 56.6 | 0% | ||
| Others | 204 | 163 | -20.1% | ||
| Total | 3,313 | 1,656 | -50.0% | ||
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Saudi Arabia in 2022:
- Jordan (1171.5 tons)
- Netherlands (668.2 tons)
- Belgium (276.1 tons)
- India (130.1 tons)
- Egypt (128.7 tons)
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Saudi Arabia
Fertilizers; mineral or chemical, phosphatic exports from Saudi Arabia dropped to 267 tons in 2022, reducing by -11.8% against 2021. Overall, exports recorded a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year.
In value terms, fertilizers; mineral or chemical, phosphatic exports declined markedly to $128K in 2022. In general, exports showed a sharp reduction. The growth pace was the most rapid in 2021 when exports increased by 48% against the previous year.
| Export of Fertilizers; Mineral or Chemical, Phosphatic in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 290 | 41.5 | 102 | 92.4 | -31.7% |
| Sudan | 7.4 | 0.2 | 13.5 | 10.2 | 11.3% |
| Mozambique | 66.9 | 7.3 | 13.9 | 9.6 | -47.6% |
| Syrian Arab Republic | 14.3 | 1.9 | 4.5 | 3.8 | -35.7% |
| Yemen | 12.1 | 1.6 | 3.6 | 3.0 | -37.2% |
| Bahrain | 1.6 | 0.2 | 0.6 | 0.5 | -32.1% |
| Burundi | 207 | 44.0 | N/A | N/A | -78.7% |
| Others | 49.1 | 6.3 | 14.3 | 8.2 | -44.9% |
| Total | 649 | 103 | 153 | 128 | -41.8% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Saudi Arabia in 2022:
- Kenya (153.4 tons)
- Mozambique (68.3 tons)
- Sudan (27.3 tons)
- Bahrain (4.6 tons)
- Yemen (4.6 tons)
- Syrian Arab Republic (4.0 tons)
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This report provides an in-depth analysis of the phosphatic fertilizer market in Saudi Arabia.
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This report provides an in-depth analysis of the global phosphatic fertilizer market.
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This report provides an in-depth analysis of the phosphatic fertilizer market in Saudi Arabia.
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This report provides an in-depth analysis of the global phosphatic fertilizer market.
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Explore the top 10 countries by import value of phosphatic fertilizer in 2023. Learn about the key players in the global agricultural industry and their reliance on imported fertilizer.
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Explore the top 10 countries by import value of phosphatic fertilizer in 2023. Learn about the key players in the global agricultural industry and their reliance on imported fertilizer.
