Price for Fertilizers; Mineral or Chemical, Nitrogenous in Germany - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Germany (FOB) - 2023
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Germany (CIF) - 2023
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Germany
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Germany
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Germany (FOB) - 2023
The average export price for fertilizers; mineral or chemical, nitrogenoi stood at $338 per ton in June 2023, declining by -1.8% against the previous month. Over the period under review, the export price recorded a noticeable decline. The pace of growth appeared the most rapid in October 2022 an increase of 8.3% against the previous month. As a result, the export price reached the peak level of $725 per ton. From November 2022 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Italy ($522 per ton), while the average price for exports to Norway ($214 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.6%), while the prices for the other major destinations experienced a decline.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Germany (CIF) - 2023
The average import price for fertilizers; mineral or chemical, nitrogenoi stood at $287 per ton in June 2023, which is down by -8.2% against the previous month. Overall, the import price saw a abrupt downturn. The growth pace was the most rapid in August 2022 an increase of 11% m-o-m. The import price peaked at $668 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Poland ($358 per ton), while the price for the Netherlands ($228 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (-4.6%), while the prices for the other major suppliers experienced a decline.
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Germany
In 2022, approx. 4.7M tons of fertilizers; mineral or chemical, nitrogenoi were exported from Germany; with an increase of 55% against the year before. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.1% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous exports skyrocketed to $2.1B in 2022. In general, exports continue to indicate 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, Nitrogenous in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 59.9 | 62.6 | 107 | 212 | 52.4% |
| Poland | 84.9 | 87.2 | 138 | 203 | 33.7% |
| United Kingdom | 60.8 | 60.9 | 73.7 | 183 | 44.4% |
| France | 38.3 | 52.7 | 64.2 | 178 | 66.9% |
| Sweden | 57.6 | 60.4 | 109 | 155 | 39.1% |
| Netherlands | 18.5 | 23.4 | 39.7 | 149 | 100.4% |
| Belgium | 13.8 | 20.9 | 48.3 | 144 | 118.5% |
| Czech Republic | 23.9 | 19.2 | 41.5 | 102 | 62.2% |
| Austria | 23.3 | 24.2 | 42.1 | 84.3 | 53.5% |
| Italy | 17.0 | 16.7 | 24.4 | 84.2 | 70.5% |
| Spain | 23.1 | 38.4 | 41.5 | 78.2 | 50.2% |
| Canada | 27.5 | 19.6 | 40.7 | 52.4 | 24.0% |
| Brazil | 18.7 | 25.6 | 24.0 | 48.7 | 37.6% |
| Others | 149 | 152 | 259 | 427 | 42.0% |
| Total | 616 | 664 | 1,054 | 2,103 | 50.6% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Germany in 2022:
- France (581.6K tons)
- Netherlands (550.3K tons)
- Belgium (436.1K tons)
- Denmark (405.7K tons)
- Sweden (305.5K tons)
- United Kingdom (301.7K tons)
- Poland (294.2K tons)
- Spain (251.6K tons)
- Czech Republic (239.3K tons)
- Austria (183.5K tons)
- Brazil (175.8K tons)
- Italy (117.6K tons)
- Canada (109.6K tons)
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Germany
In 2022, approx. 6.9M tons of fertilizers; mineral or chemical, nitrogenoi were imported into Germany; increasing by 144% on 2021. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous imports soared to $2.1B in 2022. Overall, imports showed 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, Nitrogenous in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 128 | 119 | 159 | 396 | 45.7% |
| Belgium | 81.3 | 101 | 107 | 396 | 69.5% |
| Poland | 75.4 | 76.8 | 124 | 290 | 56.7% |
| Czech Republic | 86.0 | 67.0 | 113 | 196 | 31.6% |
| Russia | 26.5 | 15.8 | 35.3 | 187 | 91.8% |
| Austria | 65.6 | 41.5 | 71.2 | 153 | 32.6% |
| Slovakia | 38.9 | 34.5 | 58.6 | 125 | 47.6% |
| France | 19.3 | 16.1 | 31.0 | 94.3 | 69.7% |
| Lithuania | 54.2 | 42.1 | 54.4 | 69.7 | 8.7% |
| Others | 46.0 | 39.3 | 41.7 | 208 | 65.4% |
| Total | 621 | 553 | 795 | 2,115 | 50.5% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Germany in 2022:
- Netherlands (1522.9K tons)
- Belgium (1484.1K tons)
- Poland (932.7K tons)
- Czech Republic (711.9K tons)
- Austria (545.6K tons)
- Slovakia (461.0K tons)
- France (293.7K tons)
- Russia (278.0K tons)
- Lithuania (246.9K tons)
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