Price for Fertilizers; Mineral or Chemical, Phosphatic in Peru - 2021
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Peru (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Peru (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Peru
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Peru
Price for Fertilizers; Mineral or Chemical, Phosphatic in Peru (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $428 per ton, with an increase of 4.8% against the previous year. Over the period under review, the import price, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2020 when the average import price increased by 26% against the previous year. The import price peaked at $572 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($952 per ton), while the price for Italy ($255 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (-0.1%), while the prices for the other major suppliers experienced a decline.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Peru (FOB) - 2022
In 2022, the average export price for fertilizers; mineral or chemical, phosphatics amounted to $435 per ton, waning by -13.6% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 43%. As a result, the export price attained the peak level of $721 per ton. From 2015 to 2022, the average 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 Ecuador amounted to +5.8% per year.
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Peru
In 2022, after two years of decline, there was significant growth in purchases abroad of fertilizers; mineral or chemical, phosphatics, when their volume increased by 37% to 1.5K tons. Over the period under review, imports, however, faced a precipitous contraction.
In value terms, fertilizers; mineral or chemical, phosphatic imports skyrocketed to $663K in 2022. Overall, imports, however, showed a drastic downturn.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 8.4 | 130 | 195 | 254 | 211.5% |
| China | 169 | 78.5 | 166 | 216 | 8.5% |
| Portugal | 38.2 | 40.0 | 77.1 | 100 | 37.8% |
| Italy | 85.3 | 42.6 | 2.5 | 52.9 | -14.7% |
| Morocco | 297 | N/A | N/A | N/A | 0% |
| Mexico | 626 | 543 | N/A | N/A | -13.3% |
| Others | 47.1 | 30.7 | 20.6 | 40.3 | -5.1% |
| Total | 1,270 | 866 | 461 | 663 | -19.5% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Peru in 2022:
- China (681.4 tons)
- Portugal (388.0 tons)
- Spain (266.6 tons)
- Italy (207.6 tons)
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Peru
In 2022, the amount of fertilizers; mineral or chemical, phosphatics exported from Peru amounted to 240 tons, approximately equating the previous year. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 269% against the previous year. As a result, the exports attained the peak of 240 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, fertilizers; mineral or chemical, phosphatic exports dropped to $105K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 183%.
| Export of Fertilizers; Mineral or Chemical, Phosphatic in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 4.9 | 0.8 | 83.7 | 105 | 177.8% |
| Myanmar | 24.2 | 62.5 | N/A | N/A | 158.3% |
| Costa Rica | N/A | 24.8 | 37.4 | N/A | 50.8% |
| Others | 2.0 | N/A | N/A | N/A | 0% |
| Total | 31.1 | 88.0 | 121 | 105 | 50.0% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Peru in 2022:
- Bolivia (240.0 tons)
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