Phosphates; of Potassium Price in Lithuania - 2023
Contents:
- Phosphates; of Potassium Price in Lithuania (CIF) - 2022
- Phosphates; of Potassium Price in Lithuania (FOB) - 2022
- Phosphates; of Potassium Imports in Lithuania
- Phosphates; of Potassium Exports in Lithuania
Phosphates; of Potassium Price in Lithuania (CIF) - 2022
The average phosphates; of potassium import price stood at $3,472 per ton in 2022, growing by 20% against the previous year. Overall, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 75%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
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 the Czech Republic ($4,740 per ton), while the price for the Netherlands ($2,401 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphates; of Potassium Price in Lithuania (FOB) - 2022
In 2022, the average phosphates; of potassium export price amounted to $3,097 per ton, increasing by 97% against the previous year. Over the period under review, the export price continues to indicate strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($14,378 per ton), while the average price for exports to Belarus ($1,581 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 Russia (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphates; of Potassium Imports in Lithuania
In 2022, overseas purchases of phosphates; of potassia were finally on the rise to reach 311 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt downturn.
In value terms, phosphates; of potassium imports soared to $1.1M in 2022. Overall, imports recorded resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phosphates; of Potassium in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 661 | 203 | 295 | 534 | -6.9% |
| Germany | 44.9 | 85.1 | 185 | 188 | 61.2% |
| Poland | 164 | 110 | 50.9 | 121 | -9.6% |
| Czech Republic | N/A | N/A | N/A | 95.0 | 0% |
| Israel | 8.0 | 73.4 | 35.9 | 90.5 | 124.5% |
| China | 28.4 | 39.7 | 22.6 | 38.1 | 10.3% |
| Netherlands | 17.1 | 57.0 | N/A | 11.5 | -12.4% |
| Others | 1.0 | 0.7 | 41.6 | 2.8 | 40.9% |
| Total | 925 | 568 | 631 | 1,081 | 5.3% |
Top Suppliers of Phosphates; of Potassium to Lithuania in 2022:
- Belgium (153.7 tons)
- Poland (41.9 tons)
- Germany (41.7 tons)
- Israel (36.7 tons)
- Czech Republic (20.0 tons)
- China (12.0 tons)
- Netherlands (4.8 tons)
Phosphates; of Potassium Exports in Lithuania
Phosphates; of potassium exports from Lithuania shrank sharply to 74 tons in 2022, waning by -39.9% on the previous year. In general, exports saw a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 3.9%.
In value terms, phosphates; of potassium exports soared to $229K in 2022. Over the period under review, exports continue to indicate a abrupt contraction.
| Export of Phosphates; of Potassium in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 9.0 | 4.6 | 0.7 | 66.4 | 94.7% |
| Czech Republic | N/A | N/A | N/A | 57.1 | 0% |
| Belarus | 209 | 102 | 168 | 30.5 | -47.4% |
| Estonia | 8.2 | 17.9 | 22.0 | 20.9 | 36.6% |
| Uzbekistan | N/A | 0.2 | 0.1 | 17.1 | 824.7% |
| Poland | 57.2 | 16.3 | N/A | 16.8 | -33.5% |
| Latvia | N/A | 14.3 | 2.1 | 14.6 | 1.0% |
| Others | 4.0 | 10.8 | 0.5 | 5.9 | 13.8% |
| Total | 287 | 166 | 193 | 229 | -7.2% |
Top Export Markets for Phosphates; of Potassium from Lithuania in 2022:
- Czech Republic (23.3 tons)
- Belarus (19.3 tons)
- Estonia (7.3 tons)
- Uzbekistan (7.3 tons)
- Poland (6.0 tons)
- Latvia (4.9 tons)
- Russia (4.6 tons)
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