Price for Phosphates; N.E.S in Item No. 2835.2 in Canada - 2023
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in Canada (CIF) - 2023
- Price for Phosphates; N.E.S in Item No. 2835.2 in Canada (FOB) - 2022
- Imports of Phosphates; N.E.S in Item No. 2835.2 in Canada
- Exports of Phosphates; N.E.S in Item No. 2835.2 in Canada
Price for Phosphates; N.E.S in Item No. 2835.2 in Canada (CIF) - 2023
In October 2023, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $2,650 per ton, increasing by 8.4% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 208% against the previous month. As a result, import price attained the peak level of $7,757 per ton. From April 2023 to October 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($4,290 per ton), while the price for France ($976 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phosphates; N.E.S in Item No. 2835.2 in Canada (FOB) - 2022
The average export price for phosphates; n.e.s in item no. 2835.2s stood at $1,136 per ton in 2022, with an increase of 3.6% against the previous year. Overall, the export price, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2017 an increase of 34% against the previous year. As a result, the export price attained the peak level of $1,962 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.5% per year.
Imports of Phosphates; N.E.S in Item No. 2835.2 in Canada
In 2022, overseas purchases of phosphates; n.e.s in item no. 2835.2s increased by 18% to 2.1K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of phosphates; n.e.s in item no. 2835.2s skyrocketed to $6.8M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +59.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phosphates; N.E.S in Item No. 2835.2 in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,263 | 3,213 | 3,281 | 3,492 | 2.3% |
| Vietnam | 2.4 | N/A | N/A | 1,301 | 715.4% |
| China | 763 | 535 | 487 | 880 | 4.9% |
| France | 62.4 | 32.0 | 111 | 444 | 92.3% |
| Germany | 268 | 209 | 202 | 289 | 2.5% |
| Israel | 193 | 193 | 140 | 276 | 12.7% |
| Lithuania | N/A | N/A | N/A | 57.7 | 0% |
| Others | 195 | 105 | 97.3 | 106 | -18.4% |
| Total | 4,746 | 4,287 | 4,318 | 6,845 | 13.0% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Canada in 2022:
- United States (1145.7 tons)
- China (462.7 tons)
- France (190.7 tons)
- Israel (96.4 tons)
- Vietnam (80.2 tons)
- Germany (68.9 tons)
- Lithuania (40.9 tons)
Exports of Phosphates; N.E.S in Item No. 2835.2 in Canada
In 2022, after three years of growth, there was significant decline in overseas shipments of phosphates; n.e.s in item no. 2835.2s, when their volume decreased by -33.1% to 1.1K tons. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 442% against the previous year. As a result, the exports reached the peak of 1.6K tons, and then reduced notably in the following year.
In value terms, exports of phosphates; n.e.s in item no. 2835.2s contracted significantly to $1.2M in 2022. Over the period under review, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 398% against the previous year. As a result, the exports attained the peak of $1.8M, and then dropped remarkably in the following year.
| Export of Phosphates; N.E.S in Item No. 2835.2 in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 319 | 343 | 1,741 | 1,172 | 54.3% |
| Others | 31.3 | 12.0 | 29.5 | 55.4 | 21.0% |
| Total | 351 | 355 | 1,770 | 1,227 | 51.8% |
Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Canada in 2022:
- United States (1078.2 tons)
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