Slovenia - Urea - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Slovenia - Urea - Market Analysis, Forecast, Size, Trends And Insights

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Urea Price in Slovenia - 2023

Contents:

  1. Urea Price in Slovenia (CIF) - 2023
  2. Urea Price in Slovenia (FOB) - 2023
  3. Urea Imports in Slovenia
  4. Urea Exports in Slovenia

Urea Price in Slovenia (CIF) - 2023

The average urea import price stood at $490 per ton in September 2023, increasing by 19% against the previous month. Overall, the import price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in November 2022 an increase of 77% against the previous month. As a result, import price reached the peak level of $1,091 per ton. From December 2022 to September 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Latvia ($612 per ton), while the price for Italy ($385 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Romania (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Urea Price in Slovenia (FOB) - 2023

The average urea export price stood at $504 per ton in September 2023, dropping by -1.9% against the previous month. In general, the export price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in August 2023 an increase of 21% month-to-month. The export price peaked at $789 per ton in November 2022; however, from December 2022 to September 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Slovakia ($1,124 per ton), while the average price for exports to Serbia ($452 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+4.4%), while the prices for the other major destinations experienced a decline.

Urea Imports in Slovenia

For the fourth consecutive year, Slovenia recorded growth in purchases abroad of urea, which increased by 343% to 360K tons in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, urea imports soared to $139M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Urea in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.61.20.546.0324.8%
EgyptN/AN/A6.923.3237.7%
Slovakia4.34.59.817.559.7%
Italy1.71.33.59.879.3%
Germany0.10.92.48.3336.2%
Croatia5.05.36.17.011.9%
Poland0.30.21.24.1139.1%
Others2.02.43.422.5124.1%
Total13.916.033.7139115.4%

Top Suppliers of Urea to Slovenia in 2022:

  1. Russia (202.7K tons)
  2. Italy (29.5K tons)
  3. Egypt (25.8K tons)
  4. Slovakia (23.0K tons)
  5. Germany (20.6K tons)
  6. Croatia (18.6K tons)
  7. Poland (13.5K tons)

Urea Exports in Slovenia

In 2022, the amount of urea exported from Slovenia skyrocketed to 245K tons, increasing by 473% on the year before. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, urea exports surged to $98M 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 Urea in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary0.50.25.543.9344.5%
Croatia2.52.25.423.6111.3%
Austria0.70.61.313.6168.8%
SlovakiaN/AN/AN/A6.70%
ItalyN/A0.20.82.5253.6%
Bosnia and Herzegovina0.40.41.01.555.4%
Others0.20.21.15.8207.2%
Total4.43.915.097.5180.9%

Top Export Markets for Urea from Slovenia in 2022:

  1. Hungary (101.1K tons)
  2. Croatia (78.4K tons)
  3. Austria (33.7K tons)
  4. Italy (10.8K tons)
  5. Slovakia (7.9K tons)
  6. Bosnia and Herzegovina (6.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the urea market in Slovenia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 4001 - Urea

Country coverage:

  • Slovenia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Slovenia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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