Israel: Phosphatic Fertilizer Market 2024

Phosphatic Fertilizer Market Size in Israel

In 2022, the Israeli phosphatic fertilizer market decreased by X% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption, however, recorded a mild reduction. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Phosphatic Fertilizer Production in Israel

In value terms, phosphatic fertilizer production contracted to $X in 2022 estimated in export price. Overall, production, however, recorded a mild descent. The most prominent rate of growth was recorded in 2015 with an increase of X%. Phosphatic fertilizer production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Phosphatic Fertilizer Exports

Exports from Israel

In 2022, the amount of phosphatic fertilizers exported from Israel declined to X tons, approximately equating the previous year. In general, total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X%. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, phosphatic fertilizer exports soared to $X in 2022. Overall, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

Brazil (X tons), the United States (X tons) and the Netherlands (X tons) were the main destinations of phosphatic fertilizer exports from Israel, together comprising X% of total exports. France, Italy and South Africa lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), the United States ($X) and the Netherlands ($X) constituted the largest markets for phosphatic fertilizer exported from Israel worldwide, together comprising X% of total exports. France, South Africa and Italy lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, France, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average phosphatic fertilizer export price stood at $X per ton in 2022, rising by X% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phosphatic fertilizer export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Italy ($X 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 United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Phosphatic Fertilizer Imports

Imports into Israel

In 2022, purchases abroad of phosphatic fertilizers decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a measured expansion. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, phosphatic fertilizer imports declined remarkably to $X in 2022. Overall, imports saw a abrupt contraction. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X tons) and Morocco (X tons) were the main suppliers of phosphatic fertilizer imports to Israel.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%).

In value terms, the United States ($X) constituted the largest supplier of phosphatic fertilizers to Israel, comprising X% of total imports. The second position in the ranking was held by Morocco ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States totaled X%.

Import Prices by Country

The average phosphatic fertilizer import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price, however, showed a deep slump. The pace of growth was the most pronounced in 2021 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Morocco amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :