Price for Fertilizers; Mineral or Chemical, Nitrogenous in Luxembourg - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Luxembourg (CIF) - 2023
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Luxembourg (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Luxembourg
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Luxembourg
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Luxembourg (CIF) - 2023
In May 2023, the average import price for fertilizers; mineral or chemical, nitrogenoi amounted to $311 per ton, picking up by 9.2% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $311 per ton in June 2022; however, from July 2022 to May 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Poland ($397 per ton), while the price for Austria ($193 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Poland (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Luxembourg (FOB) - 2022
In 2022, the average export price for fertilizers; mineral or chemical, nitrogenoi amounted to $331 per ton, waning by -3.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2013 an increase of 25% against the previous year. Over the period under review, the average export prices hit record highs at $342 per ton in 2021, and then declined slightly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($392 per ton), while the average price for exports to Poland ($240 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 (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Luxembourg
Fertilizers; mineral or chemical, nitrogenous imports into Luxembourg soared to 240K tons in 2022, growing by 131% compared with the previous year. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous imports surged to $74M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 7.0 | 5.8 | 7.7 | 25.8 | 54.5% |
| Belgium | 5.9 | 5.8 | 6.7 | 18.1 | 45.3% |
| Germany | 10.6 | 12.1 | 15.9 | 16.9 | 16.8% |
| Austria | 0.9 | 1.4 | 2.5 | 8.2 | 108.9% |
| France | 2.3 | 0.6 | 1.4 | 4.1 | 21.3% |
| Others | 0.8 | N/A | 0.1 | 1.1 | 11.2% |
| Total | 27.6 | 25.6 | 34.3 | 74.2 | 39.0% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Luxembourg in 2022:
- Netherlands (75.2K tons)
- Belgium (61.6K tons)
- Germany (57.8K tons)
- Austria (31.2K tons)
- France (12.5K tons)
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Luxembourg
Fertilizers; mineral or chemical, nitrogenous exports from Luxembourg surged to 76K tons in 2022, increasing by 156% compared with the previous year's figure. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, fertilizers; mineral or chemical, nitrogenous exports soared to $25M in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1.5 | 1.8 | 4.2 | 12.7 | 103.8% |
| Germany | 6.7 | 5.1 | 5.4 | 8.5 | 8.3% |
| France | 0.9 | 1.0 | 0.6 | 2.6 | 42.4% |
| Poland | N/A | N/A | N/A | 1.5 | 0% |
| Netherlands | 0.9 | 0.3 | N/A | N/A | -66.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.0 | 8.2 | 10.2 | 25.3 | 36.3% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Luxembourg in 2022:
- Netherlands (undefinedK tons)
- Belgium (32.4K tons)
- Germany (29.5K tons)
- France (8.2K tons)
- Poland (6.4K tons)
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