Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United States - 2024
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United States (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United States (CIF) - 2024
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United States
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United States
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United States (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical amounted to $669 per ton, with an increase of 13% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 63% against the previous year. Over the period under review, the average export prices attained the peak figure at $862 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($1,177 per ton), while the average price for exports to Canada ($382 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 Brazil (+2.8%), while the prices for the other major destinations experienced a decline.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United States (CIF) - 2024
In November 2023, the average import price for fertilizers, mineral or chemical amounted to $876 per ton, picking up by 52% against the previous month. In general, import price indicated a prominent expansion from February 2023 to November 2023: its price increased at an average monthly rate of +7.8% over the last nine-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for fertilizers, mineral or chemical increased by +58.8% against September 2023 indices. The pace of growth was the most pronounced in March 2023 when the average import price increased by 90% m-o-m. Over the period under review, average import prices attained the maximum in November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($1,541 per ton), while the price for Germany ($467 per ton) was amongst the lowest.
From February 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.7%), while the prices for the other major suppliers experienced a decline.
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United States
In 2022, overseas shipments of fertilizers, mineral or chemical were finally on the rise to reach 7K tons after two years of decline. Overall, exports, however, saw a abrupt downturn.
In value terms, exports of fertilizers, mineral or chemical soared to $4.7M in 2022. In general, exports, however, saw a pronounced reduction.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 4.0 | 2.1 | 1.5 | 2.1 | -19.3% |
| Brazil | N/A | N/A | 0.1 | 0.8 | 700.0% |
| Turkey | N/A | N/A | N/A | 0.2 | 0% |
| Mexico | 0.6 | 0.6 | 0.4 | 0.1 | -45.0% |
| Others | 0.7 | 2.0 | 1.2 | 1.4 | 26.0% |
| Total | 5.4 | 4.7 | 3.1 | 4.7 | -4.5% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from the United States in 2022:
- Canada (5.4K tons)
- Brazil (0.7K tons)
- Mexico (0.3K tons)
- Turkey (0.2K tons)
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United States
In 2022, imports of fertilizers, mineral or chemical into the United States soared to 7.6K tons, increasing by 26% against the previous year's figure. Overall, imports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 2,588% against the previous year. As a result, imports reached the peak of 12K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of fertilizers, mineral or chemical reached $4.3M in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 152% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | N/A | N/A | 1,114 | 2,023 | 81.6% |
| Germany | 94.7 | 3.2 | 2,813 | 1,644 | 158.9% |
| Netherlands | 36.5 | 28.1 | 61.9 | 378 | 118.0% |
| Belgium | N/A | N/A | N/A | 130 | 0% |
| Canada | 69.8 | 76.9 | 163 | 66.5 | -1.6% |
| Russia | N/A | 190 | 93.6 | N/A | -50.7% |
| Japan | N/A | 1,056 | N/A | N/A | 0% |
| Others | 676 | 857 | 14.0 | 43.7 | -59.9% |
| Total | 877 | 2,212 | 4,260 | 4,286 | 69.7% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to the United States in 2022:
- Dominican Republic (5.3K tons)
- Germany (1.3K tons)
- Netherlands (0.7K tons)
- Belgium (0.2K tons)
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