Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Germany - 2023

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Germany (CIF) - 2023
  2. Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Germany (FOB) - 2022
  3. Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Germany
  4. Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Germany

Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Germany (CIF) - 2023

The average import price for fertilizers, mineral or chemical stood at $386 per ton in November 2023, approximately mirroring the previous month. Over the period under review, the import price, however, saw a abrupt decline. The pace of growth was the most pronounced in August 2023 an increase of 6.3% against the previous month. The import price peaked at $744 per ton in December 2022; however, from January 2023 to November 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the highest price was recorded for prices from Denmark ($416 per ton) and Poland ($403 per ton), while the price for Russia ($295 per ton) and Slovakia ($369 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Germany (FOB) - 2022

In 2022, the average export price for fertilizers, mineral or chemical amounted to $528 per ton, jumping by 84% against the previous year. Overall, the export price posted a moderate increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($630 per ton), while the average price for exports to France ($318 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 the UK (+82.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Germany

In 2022, imports of fertilizers, mineral or chemical into Germany soared to 374K tons, with an increase of 44% on the previous year. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fertilizers, mineral or chemical surged to $130M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic28.620.228.348.819.5%
Poland14.114.221.340.642.3%
Slovakia15.110.019.535.733.2%
Netherlands2.62.92.32.3-4.0%
Austria0.40.81.02.071.0%
Others2.70.60.70.8-33.3%
Total63.548.773.213027.0%

Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Germany in 2022:

  1. Czech Republic (134.0K tons)
  2. Poland (114.1K tons)
  3. Slovakia (107.8K tons)
  4. Netherlands (8.9K tons)
  5. Austria (6.3K tons)

Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Germany

In 2022, approx. 234K tons of fertilizers, mineral or chemical were exported from Germany; rising by 27% compared with 2021 figures. Overall, exports saw a relatively flat trend pattern.

In value terms, exports of fertilizers, mineral or chemical soared to $123M in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/A5.127.186.8312.5%
NetherlandsN/A1.53.219.3258.7%
United KingdomN/A7.310.86.8-3.5%
FranceN/A15.45.93.0-55.9%
LuxembourgN/A2.32.62.54.3%
SwitzerlandN/A0.10.92.1358.3%
DenmarkN/A4.01.00.2-77.6%
IrelandN/A3.80.4N/A-89.5%
Others49.84.70.92.8-61.7%
Total49.844.252.812335.2%

Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Germany in 2022:

  1. Belgium (137.8K tons)
  2. Netherlands (59.6K tons)
  3. United Kingdom (11.5K tons)
  4. France (9.5K tons)
  5. Luxembourg (6.2K tons)
  6. Switzerland (4.9K tons)
  7. Denmark (0.3K tons)

Source: IndexBox Market Intelligence Platform

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