Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Lithuania - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Lithuania (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Lithuania (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Lithuania
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Lithuania
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Lithuania (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $550 per ton, jumping by 72% against the previous year. In general, the import price enjoyed perceptible growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Poland ($852 per ton), while the price for Russia stood at $544 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Lithuania (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $711 per ton, dropping by -38.3% against the previous year. Overall, the export price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2019 an increase of 200% against the previous year. Over the period under review, the average export prices reached the maximum at $1,841 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($59,572 per ton), while the average price for exports to Latvia ($253 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 Slovakia (+99.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Lithuania
In 2022, overseas purchases of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by -49.3% to 9.3K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a precipitous curtailment. The growth pace was the most rapid in 2020 when imports increased by 15%. As a result, imports reached the peak of 30K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses reduced to $5.1M in 2022. Overall, imports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 3.1%. As a result, imports attained the peak of $5.9M, and then contracted in the following year.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 5.1 | 5.0 | 5.8 | 5.0 | -0.7% |
| Poland | N/A | N/A | N/A | 0.1 | 0% |
| Germany | N/A | 0.2 | N/A | N/A | 0% |
| Latvia | 0.5 | 0.5 | N/A | N/A | 0.0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 5.6 | 5.7 | 5.9 | 5.1 | -3.1% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Lithuania in 2022:
- Russia (9.2K tons)
- Poland (0.2K tons)
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Lithuania
In 2022, shipments abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses increased by 13,163% to 690 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses skyrocketed to $491K in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | N/A | N/A | 199 | 0% |
| Latvia | N/A | N/A | N/A | 23.1 | 0% |
| Russia | 75.3 | N/A | N/A | N/A | 0% |
| Austria | 16.5 | N/A | N/A | N/A | 0% |
| Poland | 30.2 | N/A | 2.8 | N/A | -69.6% |
| Others | N/A | 10.2 | 3.2 | 268 | 412.6% |
| Total | 122 | 10.2 | 6.0 | 491 | 59.1% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Lithuania in 2022:
- Czech Republic (592.6 tons)
- Latvia (91.4 tons)
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