Mixed Phosphorus and Potassium Fertilizers Prices in China
China Mixed Phosphorus and Potassium Fertilizers Import Price in September 2022
In September 2022, the mixed phosphorus and potassium fertilizers price amounted to $3,175 per ton (CIF, China), surging by 2.1% against the previous month. Overall, import price indicated a prominent increase from January 2022 to September 2022: its price increased at an average monthly rate of +8.4% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, mixed phosphorus and potassium fertilizers import price increased by +91.0% against January 2022 indices. The pace of growth appeared the most rapid in February 2022 when the average import price increased by 24% m-o-m. The import price peaked in September 2022.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($3,945 per ton), while the price for Jordan ($1,876 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
China Mixed Phosphorus and Potassium Fertilizers Imports
Mixed phosphorus and potassium fertilizers imports into China declined slightly to 290 tons in September 2022, standing approximately at the previous month. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in May 2022 when imports increased by 283% against the previous month. Imports peaked at 294 tons in August 2022, and then declined slightly in the following month.
In value terms, mixed phosphorus and potassium fertilizers imports amounted to $921K (IndexBox estimates) in September 2022. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in May 2022 with an increase of 307% m-o-m. Over the period under review, imports attained the peak figure in September 2022.
China Mixed Phosphorus and Potassium Fertilizers Imports by Country
The UK (134 tons), Israel (92 tons) and Jordan (25 tons) were the main suppliers of mixed phosphorus and potassium fertilizers imports to China, with a combined 87% share of total imports. These countries were followed by Spain, Australia and Italy, which together accounted for a further 13%.
From January 2022 to September 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +18.3%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the UK ($528K) constituted the largest supplier of mixed phosphorus and potassium fertilizers to China, comprising 57% of total imports. The second position in the ranking was held by Israel ($223K), with a 24% share of total imports. It was followed by Spain, with a 6.6% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of value from the UK totaled +24.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Israel (+8.5% per month) and Spain (+18.3% per month).
139
This report provides an in-depth analysis of the mixed fertilizer market in China.
347
This report provides an in-depth analysis of the diammonium phosphate market in China.
455
This report provides an in-depth analysis of the monoammonium phosphate market in China.
631
This report provides an in-depth analysis of the npk fertilizer market in China.
627
This report provides an in-depth analysis of the fertilizer market in China.
222
This report provides an in-depth analysis of the global mixed fertilizer market.
700
This report provides an in-depth analysis of the global diammonium phosphate market.
1789
This report provides an in-depth analysis of the global monoammonium phosphate market.
2751
This report provides an in-depth analysis of the global npk fertilizer market.
2570
This report provides an in-depth analysis of the global fertilizer market.
338
In February 2023, the price of mixed fertilizer was $641 per ton (FOB, China), a decrease of 9.2% compared to the prior month.
857
In September 2022, the mixed fertilizer price amounted to $884 per ton (FOB, China), almost unchanged from the previous month.
612
Since the beginning of 2021, the average global price for diammonium phosphate (DAP) soared by +53%, reaching $644 per ton in September. High freight rates and energy costs became the main reasons for this spike. Announced suspension of exports from China’s major fertilizer producers could drive further price increases. China represents the largest DAP exporter worldwide, accounting for 34% of the global export volume. Last year, China sharply reduced DAP exports to India and Pakistan, while the shipment to Vietnam spiked by +16.5% y-o-y in physical terms.
188
Exports of Monoammonium Phosphate experienced a significant drop, reaching a value of $33M in June 2023.
184
Explore the top import markets for diammonium phosphate based on data from the IndexBox market intelligence platform. Discover the key statistics and numbers for countries like India, Bangladesh, Pakistan, Japan, and more.
167
Monoammonium phosphate (MAP) is a widely used fertiliser that provides essential nutrients to plants, promoting healthy growth and increasing crop yields. This article explores the top import markets for MAP, including Brazil, Canada, Australia, Argentina, the United States, India, South Africa, Mexico, Paraguay, and Japan. These countries have significant agricultural industries and high demand for MAP to support their crop productivity.
270
Explore the top import markets for NPK fertilizer and delve into key statistics and numbers. Brazil, India, China, Thailand, and Spain are the world's leading markets. Learn about their reliance on imported fertilizer and the role it plays in meeting the global demand for agricultural fertilizers.
625
Global trade in NPK fertilizers steadily rises, with the leading exporters, Russia and Norway, ramp up supplies actively.
236
Explore the top import markets for fertilizer worldwide, including Brazil, India, the United States, China, and more. Discover key statistics and import values provided by the IndexBox market intelligence platform.
337
Discover the top import markets for fertilizers, including Brazil, India, the United States, China, and France. Explore their import values and the factors driving the demand for fertilizers in these countries.
