Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Serbia - 2024
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Serbia (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Serbia (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Serbia
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Serbia
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Serbia (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical amounted to $779 per ton, flattening at the previous year. Overall, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 96%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($919 per ton), while the average price for exports to Montenegro ($557 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+10.6%), while the prices for the other major destinations experienced a decline.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Serbia (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical amounted to $275 per ton, which is down by -10.2% against the previous year. Overall, the import price saw a pronounced contraction. The growth pace was the most rapid in 2020 when the average import price increased by 101% against the previous year. As a result, import price reached the peak level of $570 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Greece.
From 2012 to 2022, the rate of growth in terms of prices for Greece amounted to -8.0% per year.
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Serbia
After two years of decline, overseas shipments of fertilizers, mineral or chemical decreased by 0% to 403 tons in 2022. Overall, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of fertilizers, mineral or chemical amounted to $314K in 2022. In general, exports recorded significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | N/A | N/A | N/A | 212 | 0% |
| North Macedonia | N/A | N/A | N/A | 26.2 | 0% |
| Greece | N/A | N/A | N/A | 25.9 | 0% |
| Bosnia and Herzegovina | N/A | N/A | N/A | 24.5 | 0% |
| Jamaica | N/A | N/A | N/A | 16.7 | 0% |
| Slovenia | N/A | N/A | N/A | 5.2 | 0% |
| Montenegro | 0.8 | N/A | N/A | 3.7 | 66.6% |
| Cyprus | 5.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.8 | N/A | N/A | 314 | 278.3% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Serbia in 2022:
- Croatia (273.1 tons)
- Greece (36.4 tons)
- North Macedonia (36.0 tons)
- Bosnia and Herzegovina (26.7 tons)
- Jamaica (18.2 tons)
- Montenegro (6.6 tons)
- Slovenia (6.1 tons)
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Serbia
In 2022, approx. 811 tons of fertilizers, mineral or chemical were imported into Serbia; jumping by 98% compared with the previous year's figure. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,015% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of fertilizers, mineral or chemical skyrocketed to $223K in 2022. In general, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 499% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 166 | 7.5 | 90.7 | 180 | 2.7% |
| Others | 26.7 | 13.5 | 34.7 | 43.5 | 17.7% |
| Total | 192 | 20.9 | 125 | 223 | 5.1% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Serbia in 2022:
- Greece (804.8 tons)
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