United Kingdom - Phosphatic Fertilizers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAugust 2023 Sees Exponential Growth With UK Phosphatic Fertilizer Imports Jumping 37% to $2.5M
United Kingdom Phosphatic Fertilizer Imports
In August 2023, phosphatic fertilizer imports into the UK soared to 5.7K tons, rising by 39% on the month before. In general, imports enjoyed a buoyant increase. The growth pace was the most rapid in December 2022 with an increase of 390% against the previous month. As a result, imports attained the peak of 16K tons. From January 2023 to August 2023, the growth of imports remained at a somewhat lower figure.
In value terms, phosphatic fertilizer imports soared to $2.5M (IndexBox estimates) in August 2023. Over the period under review, imports enjoyed strong growth. The most prominent rate of growth was recorded in December 2022 with an increase of 372% m-o-m. As a result, imports attained the peak of $13M. From January 2023 to August 2023, the growth of imports remained at a somewhat lower figure.
| COUNTRY | Import Value of Phosphatic Fertilizer in United Kingdom (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | |
| Israel | 0.8 | 3.4 | 3.3 | 2.7 | 11.6 | 2.3 | 2.7 | 2.2 | 1.2 | 1.4 | 5.6 | 1.2 | 2.0 |
| Netherlands | < 0.1 | N/A | N/A | < 0.1 | 1.4 | < 0.1 | < 0.1 | 3.3 | 1.9 | < 0.1 | < 0.1 | < 0.1 | 0.2 |
| Morocco | N/A | N/A | N/A | N/A | N/A | 2.0 | N/A | 0.4 | N/A | N/A | N/A | 0.6 | 0.2 |
| Tunisia | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.8 | N/A | N/A | 0.7 | N/A | N/A |
| Others | N/A | < 0.1 | 0.5 | N/A | N/A | < 0.1 | N/A | < 0.1 | < 0.1 | < 0.1 | N/A | < 0.1 | < 0.1 |
| Total | 0.9 | 3.4 | 3.8 | 2.8 | 13.0 | 4.3 | 2.7 | 6.8 | 3.2 | 1.5 | 6.3 | 1.8 | 2.5 |
Imports by Country
In August 2023, Israel (4.8K tons) constituted the largest supplier of phosphatic fertilizer to the UK, with a 84% share of total imports. Moreover, phosphatic fertilizer imports from Israel exceeded the figures recorded by the second-largest supplier, the Netherlands (491 tons), tenfold.
From August 2022 to August 2023, the average monthly growth rate of volume from Israel stood at +15.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: the Netherlands (+0.2% per month) and Morocco (-24.1% per month).
In value terms, Israel ($2M) constituted the largest supplier of phosphatic fertilizer to the UK, comprising 83% of total imports. The second position in the ranking was held by the Netherlands ($217K), with an 8.8% share of total imports.
From August 2022 to August 2023, the average monthly rate of growth in terms of value from Israel stood at +8.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: the Netherlands (+8.0% per month) and Morocco (-29.6% per month).
Imports by Type
In August 2023, superphosphates (5.7K tons) was the main type of phosphatic fertilizer supplied to the UK, with a 100% share of total imports. It was followed by phosphatic fertilizers other than superphosphates (20 tons), with a 0.4% share of total imports.
From August 2022 to August 2023, the average monthly growth rate of the volume of import of superphosphates totaled +12.9%.
In value terms, superphosphates ($2.4M) constituted the largest type of phosphatic fertilizer supplied to the UK, comprising 98% of total imports. The second position in the ranking was held by phosphatic fertilizers other than superphosphates ($42K), with a 1.7% share of total imports.
Import Prices by Country
In August 2023, the phosphatic fertilizer price stood at $432 per ton (CIF, United Kingdom), shrinking by -1.6% against the previous month. Overall, the import price showed a perceptible setback. The growth pace was the most rapid in October 2022 an increase of 28% month-to-month. Over the period under review, average import prices hit record highs at $820 per ton in November 2022; however, from December 2022 to August 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($442 per ton), while the price for Israel ($424 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.8%), while the prices for the other major suppliers experienced a decline.
This report provides an in-depth analysis of the phosphatic fertilizer market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4012 -
- FCL 4013 -
- FCL 4014 -
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
