Price for Fertilizers; Mineral or Chemical, Nitrogenous in Switzerland - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Switzerland (CIF) - 2023
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Switzerland (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Switzerland
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Switzerland
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Switzerland (CIF) - 2023
In August 2023, the average import price for fertilizers; mineral or chemical, nitrogenoi amounted to $372 per ton, shrinking by -16.8% against the previous month. In general, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in July 2023 an increase of 16% m-o-m. The import price peaked at $844 per ton in October 2022; however, from November 2022 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Belgium ($447 per ton) and Germany ($434 per ton), while the price for France ($305 per ton) and the Netherlands ($314 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (-4.2%), while the prices for the other major suppliers experienced a decline.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Switzerland (FOB) - 2022
In 2022, the average export price for fertilizers; mineral or chemical, nitrogenoi amounted to $462 per ton, jumping by 40% against the previous year. Over the period under review, the export price, however, saw a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 167% against the previous year. As a result, the export price reached the peak level of $1,137 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($1,893 per ton), while the average price for exports to Italy ($204 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 France (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Switzerland
Fertilizers; mineral or chemical, nitrogenous imports into Switzerland dropped dramatically to 96K tons in 2022, reducing by -53.7% compared with the previous year's figure. In general, imports saw a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 48%.
In value terms, fertilizers; mineral or chemical, nitrogenous imports contracted sharply to $67M in 2022. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +16.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50%. As a result, imports reached the peak of $87M, and then fell markedly in the following year.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 30.6 | 30.0 | 45.7 | 25.6 | -5.8% |
| Netherlands | 18.4 | 15.7 | 19.0 | 22.9 | 7.6% |
| Belgium | 2.3 | 2.6 | 4.0 | 6.0 | 37.7% |
| Algeria | N/A | N/A | 0.6 | 4.0 | 566.7% |
| Egypt | 0.5 | 0.2 | N/A | 3.8 | 96.6% |
| Austria | 1.4 | 1.4 | 2.6 | 0.9 | -13.7% |
| Russia | 1.8 | 1.9 | 6.8 | 0.4 | -39.4% |
| France | 2.9 | 2.8 | 3.4 | N/A | 8.3% |
| Others | 3.5 | 3.3 | 4.5 | 3.8 | 2.8% |
| Total | 61.4 | 57.9 | 86.5 | 67.3 | 3.1% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Switzerland in 2022:
- France (undefinedK tons)
- Germany (34.9K tons)
- Netherlands (31.6K tons)
- Algeria (9.9K tons)
- Belgium (8.0K tons)
- Egypt (4.3K tons)
- Austria (2.1K tons)
- Russia (0.6K tons)
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Switzerland
In 2022, exports of fertilizers; mineral or chemical, nitrogenoi from Switzerland soared to 2.1K tons, with an increase of 52% compared with the previous year. In general, exports, however, saw a pronounced curtailment.
In value terms, fertilizers; mineral or chemical, nitrogenous exports surged to $989K in 2022. Over the period under review, exports continue to indicate 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 Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 24.0 | 112 | 180 | 711 | 209.4% |
| Italy | 84.7 | 131 | 110 | 73.9 | -4.4% |
| France | 7.9 | 3.2 | 0.1 | 37.3 | 67.8% |
| Turkey | 168 | 325 | 118 | 3.2 | -73.3% |
| North Macedonia | 239 | 167 | N/A | N/A | -30.1% |
| Others | 48.2 | 78.8 | 55.3 | 164 | 50.4% |
| Total | 572 | 816 | 463 | 989 | 20.0% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Switzerland in 2022:
- Germany (1618.7 tons)
- Italy (361.9 tons)
- France (43.5 tons)
- Turkey (1.7 tons)
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