Price for Phosphates; N.E.S in Item No. 2835.2 in Finland - 2023
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in Finland (FOB) - 2022
- Price for Phosphates; N.E.S in Item No. 2835.2 in Finland (CIF) - 2023
- Exports of Phosphates; N.E.S in Item No. 2835.2 in Finland
- Imports of Phosphates; N.E.S in Item No. 2835.2 in Finland
Price for Phosphates; N.E.S in Item No. 2835.2 in Finland (FOB) - 2022
The average export price for phosphates; n.e.s in item no. 2835.2s stood at $734 per ton in 2022, picking up by 39% against the previous year. Over the period under review, the export price, however, faced a abrupt decline. The growth pace was the most rapid in 2017 an increase of 153%. The export price peaked at $4,653 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($761 per ton), while the average price for exports to Sweden ($715 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 the UK (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Phosphates; N.E.S in Item No. 2835.2 in Finland (CIF) - 2023
In October 2023, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $26,105 per ton, growing by 577% against the previous month. In general, the import price continues to indicate strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From October 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to 0.0% per month.
Exports of Phosphates; N.E.S in Item No. 2835.2 in Finland
After three years of growth, overseas shipments of phosphates; n.e.s in item no. 2835.2s decreased by -29.7% to 9.1K tons in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 3,493% against the previous year.
In value terms, exports of phosphates; n.e.s in item no. 2835.2s declined to $6.7M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,748%.
| Export of Phosphates; N.E.S in Item No. 2835.2 in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | 1.9 | 2.4 | 3.9 | 43.3% |
| Netherlands | N/A | 0.5 | 2.7 | 1.6 | 78.9% |
| United Kingdom | N/A | 1.1 | 1.3 | 0.9 | -9.5% |
| Others | 0.2 | 0.3 | 0.5 | 0.2 | 0.0% |
| Total | 0.2 | 3.7 | 6.8 | 6.7 | 222.4% |
Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Finland in 2022:
- Sweden (5.5K tons)
- Netherlands (2.3K tons)
- United Kingdom (1.2K tons)
Imports of Phosphates; N.E.S in Item No. 2835.2 in Finland
In 2022, purchases abroad of phosphates; n.e.s in item no. 2835.2s decreased by -4.1% to 956 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 8.6%. As a result, imports reached the peak of 1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of phosphates; n.e.s in item no. 2835.2s skyrocketed to $2.7M in 2022. The total import value increased at an average annual rate of +9.1% from 2019 to 2022; 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.
| Import of Phosphates; N.E.S in Item No. 2835.2 in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 391 | 745 | 830 | 950 | 34.4% |
| United Kingdom | 15.5 | 330 | 511 | 670 | 251.0% |
| Germany | 1,210 | 781 | 566 | 442 | -28.5% |
| China | 8.7 | 13.0 | 132 | 229 | 197.5% |
| Czech Republic | 15.5 | 27.8 | N/A | 75.4 | 69.4% |
| Poland | 56.1 | 53.7 | 86.7 | 70.5 | 7.9% |
| Sweden | 237 | 11.8 | 3.5 | 64.2 | -35.3% |
| Slovenia | 70.9 | 38.2 | 45.8 | 47.6 | -12.4% |
| Estonia | N/A | 19.0 | 26.1 | 32.1 | 30.0% |
| Others | 60.4 | 32.2 | 82.1 | 102 | 19.1% |
| Total | 2,065 | 2,052 | 2,283 | 2,683 | 9.1% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Finland in 2022:
- France (263.8 tons)
- China (240.5 tons)
- United Kingdom (152.3 tons)
- Germany (111.8 tons)
- Slovenia (58.4 tons)
- Sweden (41.9 tons)
- Poland (24.1 tons)
- Estonia (21.9 tons)
- Czech Republic (21.0 tons)
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