Phosphates; of Potassium Price in the Czech Republic - 2023

Contents:

  1. Phosphates; of Potassium Price in the Czech Republic (CIF) - 2022
  2. Phosphates; of Potassium Price in the Czech Republic (FOB) - 2022
  3. Phosphates; of Potassium Imports in the Czech Republic
  4. Phosphates; of Potassium Exports in the Czech Republic

Phosphates; of Potassium Price in the Czech Republic (CIF) - 2022

The average phosphates; of potassium import price stood at $3,195 per ton in 2022, picking up by 13% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phosphates; of potassium import price increased by +72.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 53% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($6,615 per ton), while the price for Poland ($1,988 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Phosphates; of Potassium Price in the Czech Republic (FOB) - 2022

In 2022, the average phosphates; of potassium export price amounted to $9,371 per ton, increasing by 79% against the previous year. In general, the export price enjoyed resilient growth. As a result, the export price reached 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 Russia ($39,553 per ton), while the average price for exports to Poland ($2,581 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 Belgium (+36.2%), while the prices for the other major destinations experienced more modest paces of growth.

Phosphates; of Potassium Imports in the Czech Republic

In 2022, phosphates; of potassium imports into the Czech Republic contracted remarkably to 447 tons, shrinking by -35.2% compared with 2021 figures. In general, imports saw a perceptible slump. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. As a result, imports reached the peak of 690 tons, and then contracted remarkably in the following year.

In value terms, phosphates; of potassium imports reduced remarkably to $1.4M in 2022. Over the period under review, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 118% against the previous year. As a result, imports attained the peak of $2M, and then fell significantly in the following year.

Import of Phosphates; of Potassium in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5695541,4996132.5%
Belgium12610513325626.7%
Germany15899.912625216.8%
Netherlands1.320.419.6144380.3%
China0.429.246.556.7421.4%
Slovakia29.636.726.844.714.7%
Poland19.249.810441.929.7%
Others4.92.10.720.561.1%
Total9088971,9551,42916.3%

Top Suppliers of Phosphates; of Potassium to the Czech Republic in 2022:

  1. France (198.0 tons)
  2. Belgium (88.5 tons)
  3. Germany (56.9 tons)
  4. Netherlands (48.1 tons)
  5. China (25.0 tons)
  6. Poland (21.1 tons)
  7. Slovakia (6.8 tons)

Phosphates; of Potassium Exports in the Czech Republic

In 2022, shipments abroad of phosphates; of potassia increased by 92% to 11 tons for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, phosphates; of potassium exports surged to $105K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Phosphates; of Potassium in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.70.1N/A41.6290.2%
Slovakia10.916.08.717.416.9%
TurkeyN/AN/AN/A16.90%
Poland0.3N/A0.310.3225.0%
Greece5.29.47.89.823.5%
Hungary1.76.94.54.134.1%
BelgiumN/AN/A1.02.0100.0%
RomaniaN/A2.3N/A0.6-48.9%
Austria6.84.87.2N/A2.9%
Tunisia2.0N/AN/AN/A0%
Italy2.3N/AN/AN/A0%
Others1.80.81.02.15.3%
Total31.640.330.510549.2%

Top Export Markets for Phosphates; of Potassium from the Czech Republic in 2022:

  1. Poland (4.0 tons)
  2. Slovakia (3.0 tons)
  3. Hungary (1.1 tons)
  4. Russia (1.1 tons)
  5. Turkey (0.8 tons)
  6. Greece (0.7 tons)
  7. Belgium (0.2 tons)
  8. Romania (0.1 tons)

Source: IndexBox Market Intelligence Platform

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