Phosphorus Price in Russia - 2021

Contents:

1. Phosphorus Price in Russia (CIF) - 2022
2. Phosphorus Price in Russia (FOB) - 2022
3. Phosphorus Imports in Russia
4. Phosphorus Exports in Russia

Phosphorus Price in Russia (CIF) - 2022

In 2022, the average phosphorus import price amounted to $4,982 per ton, waning by -4.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The pace of growth was the most pronounced in 2019 when the average import price increased by 20% against the previous year. Over the period under review, average import prices reached the peak figure at $5,205 per ton in 2021, and then dropped modestly in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +5.0% per year.

Phosphorus Price in Russia (FOB) - 2022

The average phosphorus export price stood at $6,442 per ton in 2022, reducing by -20.2% against the previous year. In general, the export price, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 80%. Over the period under review, the average export prices hit record highs at $8,068 per ton in 2021, and then declined notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($10,032 per ton), while the average price for exports to Uzbekistan ($5,270 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 Kazakhstan (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Phosphorus Imports in Russia

Phosphorus imports into Russia reduced remarkably to 209 tons in 2022, declining by -31.6% against 2021 figures. Over the period under review, imports saw a slight reduction. The pace of growth was the most pronounced in 2021 when imports increased by 172%. As a result, imports reached the peak of 306 tons, and then reduced dramatically in the following year.

In value terms, phosphorus imports fell sharply to $1M in 2022. Overall, imports, however, showed a modest expansion. The most prominent rate of growth was recorded in 2021 with an increase of 224% against the previous year. As a result, imports attained the peak of $1.6M, and then reduced notably in the following year.

Top Suppliers of Phosphorus to Russia in 2022:

1. China (209.2 tons)

Phosphorus Exports in Russia

In 2022, overseas shipments of phosphori were finally on the rise to reach 35 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a precipitous decline.

In value terms, phosphorus exports reduced to $225K in 2022. In general, exports, however, recorded a significant contraction. The growth pace was the most rapid in 2021 when exports increased by 2.4%.

Top Export Markets for Phosphorus from Russia in 2022:

1. Belarus (15.2 tons)
2. Uzbekistan (14.3 tons)
3. Kazakhstan (5.5 tons)

Source: IndexBox Market Intelligence Platform