Price for Fertilizers; Mineral or Chemical, Nitrogenous in Croatia - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Croatia (FOB) - 2023
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Croatia (CIF) - 2023
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Croatia
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Croatia
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Croatia (FOB) - 2023
In June 2023, the average export price for fertilizers; mineral or chemical, nitrogenoi amounted to $477 per ton, dropping by -30.5% against the previous month. In general, the export price saw a deep reduction. The most prominent rate of growth was recorded in October 2022 an increase of 16% month-to-month. Over the period under review, the average export prices hit record highs at $959 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Bosnia and Herzegovina ($762 per ton), while the average price for exports to Italy ($207 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 Hungary (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Croatia (CIF) - 2023
In June 2023, the average import price for fertilizers; mineral or chemical, nitrogenoi amounted to $440 per ton, falling by -3.1% against the previous month. Overall, the import price recorded a pronounced descent. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 18% m-o-m. Over the period under review, average import prices attained the peak figure at $780 per ton in September 2022; however, from October 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($634 per ton), while the price for Slovakia ($313 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 Italy (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Croatia
For the third consecutive year, Croatia recorded decline in shipments abroad of fertilizers; mineral or chemical, nitrogenoi, which decreased by -54.2% to 235K tons in 2022. Over the period under review, exports faced a sharp downturn. The smallest decline of -11.6% was in 2020.
In value terms, fertilizers; mineral or chemical, nitrogenous exports dropped rapidly to $90M in 2022. In general, exports recorded a sharp downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $190M, and then fell dramatically in the following year.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 31.6 | 20.7 | 43.1 | 20.9 | -12.9% |
| Slovenia | 12.1 | 11.7 | 14.5 | 15.4 | 8.4% |
| Serbia | 28.4 | 24.4 | 16.4 | 10.4 | -28.5% |
| Bosnia and Herzegovina | 12.2 | 13.2 | 8.4 | 10.2 | -5.8% |
| Austria | 29.2 | 27.0 | 41.9 | 8.3 | -34.2% |
| Romania | 3.1 | 5.2 | 8.2 | 7.8 | 36.0% |
| Italy | 23.7 | 18.6 | 31.1 | 7.4 | -32.2% |
| Slovakia | 3.3 | 2.2 | 3.7 | 4.7 | 12.5% |
| Bulgaria | 4.9 | 2.8 | 6.3 | 0.6 | -50.3% |
| Greece | 3.5 | 4.7 | 2.9 | 0.3 | -55.9% |
| Turkey | 12.6 | 5.1 | N/A | N/A | -59.5% |
| Others | 12.6 | 13.0 | 13.6 | 3.9 | -32.4% |
| Total | 177 | 149 | 190 | 90.0 | -20.2% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Croatia in 2022:
- Turkey (undefinedK tons)
- Hungary (57.8K tons)
- Slovenia (48.0K tons)
- Bosnia and Herzegovina (26.9K tons)
- Romania (26.6K tons)
- Serbia (21.6K tons)
- Austria (19.1K tons)
- Slovakia (14.3K tons)
- Italy (10.1K tons)
- Bulgaria (1.9K tons)
- Greece (0.9K tons)
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Croatia
In 2022, imports of fertilizers; mineral or chemical, nitrogenoi into Croatia soared to 375K tons, growing by 212% on 2021 figures. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous imports skyrocketed to $184M in 2022. In general, 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 Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 5.8 | 3.5 | 12.3 | 29.5 | 72.0% |
| Hungary | 6.8 | 6.5 | 7.0 | 24.4 | 53.1% |
| Slovenia | 2.5 | 2.2 | 5.0 | 23.6 | 111.3% |
| Turkey | N/A | N/A | N/A | 20.0 | 0% |
| Russia | N/A | N/A | N/A | 13.2 | 0% |
| Romania | 0.8 | 1.3 | 3.6 | 12.6 | 150.7% |
| Sweden | N/A | N/A | 5.5 | 10.8 | 96.4% |
| Egypt | N/A | N/A | 6.9 | 9.5 | 37.7% |
| Slovakia | N/A | 0.1 | 1.1 | 8.5 | 822.0% |
| Oman | N/A | N/A | N/A | 7.4 | 0% |
| Austria | 1.0 | 2.0 | 1.3 | 7.0 | 91.3% |
| Poland | 0.7 | 0.6 | 0.8 | 3.6 | 72.6% |
| Others | 3.3 | 1.9 | 2.5 | 13.6 | 60.3% |
| Total | 21.1 | 18.1 | 46.0 | 184 | 105.8% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Croatia in 2022:
- Hungary (82.2K tons)
- Slovenia (68.3K tons)
- Italy (45.9K tons)
- Romania (34.9K tons)
- Slovakia (25.7K tons)
- Turkey (24.7K tons)
- Austria (16.8K tons)
- Russia (16.0K tons)
- Poland (12.3K tons)
- Sweden (11.0K tons)
- Egypt (10.7K tons)
- Oman (8.7K tons)
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