Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Peru - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Peru (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Peru (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Peru
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Peru
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Peru (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $531 per ton, jumping by 51% against the previous year. Overall, the import price enjoyed a tangible increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($646 per ton), while the price for Russia amounted to $522 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Peru (FOB) - 2022
The average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $1,605 per ton in 2022, with a decrease of -12.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,221 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Bolivia.
From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to -0.1% per year.
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Peru
In 2022, overseas purchases of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by -10.5% to 117K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 21%. As a result, imports attained the peak of 179K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses surged to $62M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 36.2 | 40.7 | 43.5 | 57.4 | 16.6% |
| China | 0.3 | 0.6 | 1.0 | 4.6 | 148.4% |
| Others | 2.0 | 1.8 | 1.7 | 0.3 | -46.9% |
| Total | 38.5 | 43.1 | 46.1 | 62.2 | 17.3% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Peru in 2022:
- Russia (109.9K tons)
- China (7.1K tons)
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Peru
Exports of fertilizers, mineral or chemical; containing nitrates and phosphateses from Peru soared to 9.2 tons in 2022, rising by 89% on the year before. Over the period under review, exports, however, saw a abrupt descent.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses surged to $15K in 2022. In general, exports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 70%.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 21.0 | 5.3 | 9.0 | 14.8 | -11.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 21.0 | 5.3 | 9.0 | 14.8 | -11.0% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Peru in 2022:
- Bolivia (9.2 tons)
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