Phosphates; of Potassium Price in Tanzania - 2022
Contents:
Phosphates; of Potassium Price in Tanzania (CIF) - 2022
In 2022, the average phosphates; of potassium import price amounted to $1,136 per ton, dropping by -25.7% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 34%. As a result, import price attained the peak level of $1,529 per ton, and then declined sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($3,040 per ton), while the price for Spain ($106 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+10.8%), while the prices for the other major suppliers experienced a decline.
Phosphates; of Potassium Imports in Tanzania
Phosphates; of potassium imports into Tanzania declined dramatically to 3.6 tons in 2022, waning by -95.1% compared with the year before. In general, imports faced a significant contraction. The growth pace was the most rapid in 2021 with an increase of 5% against the previous year.
In value terms, phosphates; of potassium imports shrank rapidly to $4.1K in 2022. Over the period under review, imports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year.
| Import of Phosphates; of Potassium in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.8 | 0.6 | 1.3 | 2.9 | 53.6% |
| South Africa | 0.2 | N/A | 0.2 | 0.7 | 51.8% |
| Kenya | 1.4 | 1.3 | 0.5 | 0.2 | -47.7% |
| Spain | N/A | N/A | N/A | N/A | 0% |
| China | 214 | 44.4 | 86.1 | N/A | -36.6% |
| Israel | 66.6 | 26.1 | 16.8 | N/A | -49.8% |
| Others | 22.9 | 7.7 | 7.2 | 0.2 | -79.4% |
| Total | 306 | 80.0 | 112 | 4.1 | -76.2% |
Top Suppliers of Phosphates; of Potassium to Tanzania in 2022:
- India (2730.0 kg)
- Spain (348.0 kg)
- South Africa (223.0 kg)
- Kenya (220.0 kg)
- China (33.0 kg)
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This report provides an in-depth analysis of the market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) in Tanzania.
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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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