Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Indonesia - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Indonesia (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Indonesia (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Indonesia
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Indonesia
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Indonesia (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $543 per ton, rising by 60% against the previous year. Over the period under review, the export price saw prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($550 per ton), while the average price for exports to Japan amounted to $264 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Indonesia (CIF) - 2022
The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $812 per ton in 2022, jumping by 74% against the previous year. In general, the import price recorded a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 China amounted to +6.6% per year.
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Indonesia
In 2022, shipments abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by -80.9% to 28K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a precipitous decrease. The growth pace was the most rapid in 2020 when exports increased by 45% against the previous year. As a result, the exports attained the peak of 276K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses dropped markedly to $15M in 2022. Over the period under review, exports showed a precipitous shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 30% against the previous year. As a result, the exports reached the peak of $71M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 54.3 | 70.9 | 49.3 | 14.8 | -35.2% |
| Japan | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 54.5 | 71.0 | 49.4 | 15.0 | -35.0% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Indonesia in 2022:
- India (27.0K tons)
- Japan (0.7K tons)
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Indonesia
In 2022, supplies from abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by -43.3% to 1.5K tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2020 when imports increased by 33% against the previous year. As a result, imports reached the peak of 5K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses declined slightly to $1.2M in 2022. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 8.1%. As a result, imports attained the peak of $1.7M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 672 | 1,033 | 640 | 1,169 | 20.3% |
| Belgium | 891 | 680 | 549 | N/A | -21.5% |
| Others | 53.6 | 34.6 | 47.6 | 51.7 | -1.2% |
| Total | 1,617 | 1,748 | 1,237 | 1,221 | -8.9% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Indonesia in 2022:
- China (1495.0 tons)
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