Phosphorus Price in New Zealand - 2022
Contents:
Phosphorus Price in New Zealand (CIF) - 2022
In 2022, the average phosphorus import price amounted to $6,777 per ton, leveling off at the previous year. In general, the import price enjoyed prominent growth. The growth pace was the most rapid in 2014 an increase of 27%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,809 per ton), while the price for Australia ($1,301 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.6%), while the prices for the other major suppliers experienced a decline.
Phosphorus Imports in New Zealand
In 2022, purchases abroad of phosphori decreased by 0% to 314 kg, falling for the second year in a row after two years of growth. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 164%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, phosphorus imports stood at $2.1K in 2022. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 155% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Phosphorus in New Zealand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 67.0 | 180 | N/A | 1,952 | 207.7% |
| Australia | 14.0 | 18.0 | N/A | 134 | 112.3% |
| Germany | 3.0 | 9.0 | N/A | 42.0 | 141.0% |
| Switzerland | 5.0 | 20.0 | N/A | N/A | 300.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 89.0 | 227 | N/A | 2,128 | 188.1% |
Top Suppliers of Phosphorus to New Zealand in 2022:
- United States (199.0 kg)
- Australia (103.0 kg)
- Germany (12.0 kg)
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