Nitrites; Nitrates Price in Denmark - 2023
Contents:
- Nitrites; Nitrates Price in Denmark (FOB) - 2023
- Nitrites; Nitrates Price in Denmark (CIF) - 2022
- Nitrites; Nitrates Exports in Denmark
- Nitrites; Nitrates Imports in Denmark
Nitrites; Nitrates Price in Denmark (FOB) - 2023
In August 2023, the average nitrites; nitrates export price amounted to $1,024 per ton, waning by -4.5% against the previous month. Over the period under review, the export price showed a pronounced decrease. The growth pace was the most rapid in December 2022 when the average export price increased by 3.4% against the previous month. As a result, the export price reached the peak level of $1,348 per ton. From January 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In August 2023, the countries with the highest prices were the UK ($1,077 per ton) and Poland ($1,065 per ton), while the average price for exports to Belgium ($982 per ton) and Spain ($1,005 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.
Nitrites; Nitrates Price in Denmark (CIF) - 2022
In 2022, the average nitrites; nitrates import price amounted to $552 per ton, picking up by 9.7% against the previous year. Over the period under review, the import price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2018 an increase of 21% against the previous year. The import price peaked at $838 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,957 per ton), while the price for Norway ($151 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Nitrites; Nitrates Exports in Denmark
In 2022, approx. 48K tons of nitrites; nitrateses were exported from Denmark; surging by 8.9% against 2021. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 31% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, nitrites; nitrates exports skyrocketed to $37M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.7% 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 +67.2% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 27%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Nitrites; Nitrates in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 4.9 | 4.4 | 5.7 | 13.1 | 38.8% |
| Netherlands | 2.3 | 7.0 | 6.4 | 5.2 | 31.2% |
| Belgium | 1.8 | 2.5 | 4.2 | 3.7 | 27.1% |
| Germany | 2.5 | 2.5 | 2.8 | 2.8 | 3.8% |
| India | N/A | N/A | 0.1 | 2.0 | 1900.0% |
| France | 0.5 | 0.2 | 1.6 | 2.0 | 58.7% |
| Poland | 1.3 | 1.3 | 1.8 | 1.1 | -5.4% |
| United Kingdom | 0.1 | N/A | 0.7 | 1.1 | 122.4% |
| Italy | 0.5 | 0.2 | 0.1 | 0.8 | 17.0% |
| Greece | 3.0 | 4.7 | 0.8 | 0.3 | -53.6% |
| Canada | 1.1 | 1.2 | 1.1 | N/A | 0.0% |
| Others | 4.2 | 4.2 | 4.4 | 4.9 | 5.3% |
| Total | 22.3 | 28.2 | 29.8 | 37.2 | 18.6% |
Top Export Markets for Nitrites; Nitrates from Denmark in 2022:
- Canada (undefinedK tons)
- Spain (26.8K tons)
- Netherlands (4.6K tons)
- Belgium (3.0K tons)
- Germany (2.4K tons)
- India (1.6K tons)
- France (1.5K tons)
- Poland (1.0K tons)
- United Kingdom (0.8K tons)
- Italy (0.7K tons)
- Greece (0.4K tons)
Nitrites; Nitrates Imports in Denmark
In 2022, approx. 16K tons of nitrites; nitrateses were imported into Denmark; increasing by 38% compared with the previous year's figure. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nitrites; nitrates imports skyrocketed to $8.7M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nitrites; Nitrates in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.5 | 2.5 | 3.1 | 3.2 | 8.6% |
| Norway | 0.5 | 0.6 | 0.8 | 1.5 | 44.2% |
| Italy | 0.4 | 0.1 | 0.4 | 0.8 | 26.0% |
| Germany | 0.7 | 0.5 | 0.5 | 0.7 | 0.0% |
| Netherlands | 0.4 | 0.5 | 0.6 | 0.6 | 14.5% |
| Others | 1.4 | 0.8 | 0.5 | 2.0 | 12.6% |
| Total | 5.9 | 5.0 | 5.7 | 8.7 | 13.8% |
Top Suppliers of Nitrites; Nitrates to Denmark in 2022:
- Norway (10.1K tons)
- Belgium (3.9K tons)
- Italy (0.5K tons)
- Netherlands (0.4K tons)
- Germany (0.4K tons)
318
This report provides an in-depth analysis of the nitrates market in Denmark.
367
This report provides an in-depth analysis of the potassium nitrate market in Denmark.
373
This report provides an in-depth analysis of the nitrites market in Denmark.
902
This report provides an in-depth analysis of the global nitrates market.
833
This report provides an in-depth analysis of the global potassium nitrate market.
552
This report provides an in-depth analysis of the global nitrites market.
318
This report provides an in-depth analysis of the nitrates market in Denmark.
367
This report provides an in-depth analysis of the potassium nitrate market in Denmark.
373
This report provides an in-depth analysis of the nitrites market in Denmark.
902
This report provides an in-depth analysis of the global nitrates market.
1029
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
1355
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
938
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
652
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
1029
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
1355
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
938
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
652
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
