Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in the Czech Republic - 2023

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in the Czech Republic (CIF) - 2022
  2. Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in the Czech Republic (FOB) - 2022
  3. Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in the Czech Republic
  4. Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in the Czech Republic

Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in the Czech Republic (CIF) - 2022

In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $847 per ton, rising by 38% against the previous year. Overall, the import price recorded perceptible growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 57% against the previous year. The import price peaked in 2022 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 Germany ($864 per ton) and Poland ($816 per ton), while the price for Slovakia ($600 per ton) and Austria ($799 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.4%), 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 the Czech Republic (FOB) - 2022

The average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $674 per ton in 2022, picking up by 28% against the previous year. In general, the export price showed a notable increase. The most prominent rate of growth was recorded in 2013 an increase of 209% against the previous year. As a result, the export price reached the peak level of $1,598 per ton. From 2014 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 Hungary ($995 per ton), while the average price for exports to Poland ($528 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 Germany (+4.8%), while the prices for the other major destinations experienced a decline.

Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in the Czech Republic

In 2022, approx. 4K tons of fertilizers, mineral or chemical; containing nitrates and phosphateses were imported into the Czech Republic; rising by 111% against 2021. In general, imports, however, saw a relatively flat trend pattern.

In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses skyrocketed to $3.4M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany56.11252471,897223.4%
Poland58842147886813.9%
Austria619245377555-3.6%
Russia108N/AN/AN/A0%
Norway149N/AN/AN/A0%
Others13160.358.539.7-32.8%
Total1,6528511,1603,36026.7%

Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to the Czech Republic in 2022:

  1. Germany (2195.3 tons)
  2. Poland (1063.6 tons)
  3. Austria (695.4 tons)

Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in the Czech Republic

In 2022, shipments abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by -72.3% to 279 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,562% against the previous year.

In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses fell remarkably to $188K in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,079%.

Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A173493116-18.1%
PolandN/AN/AN/A64.60%
Slovakia17.330.836.36.8-26.7%
OthersN/A0.70.20.6-7.4%
Total17.4205529188121.1%

Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from the Czech Republic in 2022:

  1. Germany (146.0 tons)
  2. Poland (122.3 tons)
  3. Slovakia (10.0 tons)

Source: IndexBox Market Intelligence Platform

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