CIS: Phosphatic Fertilizer Market 2024

Phosphatic Fertilizer Market Size in CIS

The CIS phosphatic fertilizer market expanded slightly to $X in 2022, rising by X% against the previous year. Overall, consumption, however, saw a pronounced shrinkage. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Phosphatic Fertilizer Production in CIS

In value terms, phosphatic fertilizer production skyrocketed to $X in 2022 estimated in export price. In general, production showed a slight expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Phosphatic Fertilizer Exports

Exports in CIS

Phosphatic fertilizer exports reduced to X tons in 2022, waning by X% against the year before. In general, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then dropped in the following year.

In value terms, phosphatic fertilizer exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

Uzbekistan prevails in exports structure, amounting to X tons, which was near X% of total exports in 2022. Kazakhstan (X tons) ranks second in terms of the total exports with a X% share, followed by Belarus (X%).

Uzbekistan was also the fastest-growing in terms of the phosphatic fertilizers exports, with a CAGR of X% from 2012 to 2022. Belarus (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan increased by X percentage points.

In value terms, Uzbekistan ($X) remains the largest phosphatic fertilizer supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Uzbekistan amounted to X%. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, growing by X% against the previous year. Export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phosphatic fertilizer export price increased by X% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced mixed trends in the export price figures.

Phosphatic Fertilizer Imports

Imports in CIS

In 2022, purchases abroad of phosphatic fertilizers decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports saw a mild slump. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, phosphatic fertilizer imports stood at $X in 2022. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Tajikistan dominates imports structure, accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by Moldova (X tons), committing a X% share of total imports. Russia (X tons), Kyrgyzstan (X tons) and Kazakhstan (X tons) followed a long way behind the leaders.

Imports into Tajikistan increased at an average annual rate of X% from 2012 to 2022. At the same time, Moldova (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Kyrgyzstan (X%), Kazakhstan (X%) and Russia (X%) illustrated a downward trend over the same period. While the share of Tajikistan (X p.p.) and Moldova (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (X p.p.), Kyrgyzstan (X p.p.) and Russia (X p.p.) displayed negative dynamics.

In value terms, Tajikistan ($X) constitutes the largest market for imported phosphatic fertilizers in the CIS, comprising X% of total imports. The second position in the ranking was held by Moldova ($X), with a X% share of total imports. It was followed by Russia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Tajikistan stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Moldova (X% per year) and Russia (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, saw a pronounced reduction. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Moldova ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform