Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Saudi Arabia - 2022

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Saudi Arabia (FOB) - 2022
  2. Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Saudi Arabia

Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Saudi Arabia (FOB) - 2022

In 2022, the average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $13 per ton, reducing by -90.8% against the previous year. Overall, the export price faced a significant curtailment. The most prominent rate of growth was recorded in 2018 when the average export price decreased by -14% against the previous year. The export price peaked at $455 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($13 per ton), while the average price for exports to India amounted to $13 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Saudi Arabia

In 2022, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses from Saudi Arabia soared to 29K tons, picking up by 1,170% against 2021 figures. Overall, exports, however, faced a precipitous decrease.

In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses skyrocketed to $390K in 2022. In general, exports, however, continue to indicate a precipitous descent.

Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Saudi Arabia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A3560%
MoldovaN/AN/AN/A26.60%
IraqN/AN/A333N/A0%
OthersN/A16,424N/A7.2-97.9%
TotalN/A16,424333390-84.6%

Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Saudi Arabia in 2022:

  1. India (27.2K tons)
  2. Moldova (2.0K tons)

Source: IndexBox Market Intelligence Platform

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