Phosphates; of Potassium Price in Bulgaria - 2023
Contents:
- Phosphates; of Potassium Price in Bulgaria (CIF) - 2022
- Phosphates; of Potassium Price in Bulgaria (FOB) - 2022
- Phosphates; of Potassium Imports in Bulgaria
- Phosphates; of Potassium Exports in Bulgaria
Phosphates; of Potassium Price in Bulgaria (CIF) - 2022
In 2022, the average phosphates; of potassium import price amounted to $2,786 per ton, rising by 78% against the previous year. Over the period under review, the import price posted a tangible increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($3,244 per ton) and Belgium ($3,217 per ton), while the price for China ($2,548 per ton) and Israel ($2,611 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphates; of Potassium Price in Bulgaria (FOB) - 2022
The average phosphates; of potassium export price stood at $1,596 per ton in 2022, with a decrease of -23.9% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 64%. As a result, the export price reached the peak level of $4,673 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($2,393 per ton), while the average price for exports to the Netherlands ($920 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 Moldova (+51.5%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphates; of Potassium Imports in Bulgaria
In 2022, supplies from abroad of phosphates; of potassia decreased by -17.6% to 419 tons, falling for the second year in a row after two years of growth. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.7% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 73% against the previous year. As a result, imports reached the peak of 556 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, phosphates; of potassium imports soared to $1.2M in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Phosphates; of Potassium in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 107 | 199 | 86.6 | 647 | 82.2% |
| Greece | 179 | 314 | 455 | 169 | -1.9% |
| Belgium | 85.8 | 62.6 | 73.4 | 143 | 18.6% |
| France | 61.0 | 81.5 | 22.0 | 113 | 22.8% |
| Israel | N/A | 65.1 | 35.3 | 62.7 | -1.9% |
| Russia | N/A | N/A | 110 | N/A | 0% |
| Others | 10.9 | 15.2 | 13.4 | 31.7 | 42.7% |
| Total | 444 | 738 | 795 | 1,166 | 38.0% |
Top Suppliers of Phosphates; of Potassium to Bulgaria in 2022:
- China (254.0 tons)
- Greece (55.8 tons)
- Belgium (44.6 tons)
- France (34.7 tons)
- Israel (24.0 tons)
Phosphates; of Potassium Exports in Bulgaria
In 2022, overseas shipments of phosphates; of potassia decreased by -34.2% to 609 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, enjoyed a prominent expansion.
In value terms, phosphates; of potassium exports contracted significantly to $972 in 2022. In general, exports saw a precipitous setback.
| Export of Phosphates; of Potassium in Bulgaria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 605 | 0% |
| Netherlands | 136 | N/A | 339 | 253 | 23.0% |
| Poland | N/A | N/A | 33.0 | 45.0 | 36.4% |
| Greece | N/A | N/A | 1,256 | 10.0 | -99.2% |
| Italy | 2,155 | N/A | 281 | N/A | -63.9% |
| Others | 108 | N/A | 34.0 | 59.0 | -18.3% |
| Total | 2,399 | N/A | 1,943 | 972 | -26.0% |
Top Export Markets for Phosphates; of Potassium from Bulgaria in 2022:
- Turkey (299.0 kg)
- Netherlands (275.0 kg)
- Poland (22.0 kg)
- Greece (4.0 kg)
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In value terms, phosphinates 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 fluctuat...
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In value terms, phosphinates exports totaled $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 some noti...
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