Phosphorus Price in Argentina - 2023
Contents:
Phosphorus Price in Argentina (CIF) - 2022
The average phosphorus import price stood at $5,561 per ton in 2022, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2015 an increase of 16% against the previous year. Over the period under review, average import prices attained the peak figure at $5,726 per ton in 2017; however, from 2018 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 Italy ($11,325 per ton), while the price for China ($4,561 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphorus Imports in Argentina
In 2022, after three years of growth, there was significant decline in overseas purchases of phosphori, when their volume decreased by -22.3% to 32 tons. Over the period under review, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 80% against the previous year. As a result, imports attained the peak of 42 tons, and then dropped dramatically in the following year.
In value terms, phosphorus imports dropped markedly to $179K in 2022. Overall, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 85%. As a result, imports attained the peak of $233K, and then contracted rapidly in the following year.
| Import of Phosphorus in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 65.5 | 63.6 | 149 | 114 | 20.3% |
| Italy | 38.2 | 39.0 | 46.6 | 36.8 | -1.2% |
| India | 23.7 | 23.4 | 36.6 | 28.0 | 5.7% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 127 | 126 | 233 | 179 | 12.1% |
Top Suppliers of Phosphorus to Argentina in 2022:
- China (25.1 tons)
- India (3.8 tons)
- Italy (3.2 tons)
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