Poland: Phosphate Rock Market 2022

Phosphate Rock Market Size in Poland

In 2020, after two years of growth, there was significant decline in the Polish phosphate rock market, when its value decreased by -X% to $X. Overall, consumption saw a mild shrinkage. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. from 2009 to 2020, the growth of the market remained at a lower figure.

Phosphate Rock Exports

Exports from Poland

In 2020, overseas shipments of phosphate rock decreased by -X% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, saw a perceptible expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at X tons in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, phosphate rock exports dropped to $X in 2020. Over the period under review, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Austria (X tons) was the main destination for phosphate rock exports from Poland, with a X% share of total exports. Moreover, phosphate rock exports to Austria exceeded the volume sent to the second major destination, the Czech Republic (X tons), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Austria totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-X% per year) and Germany (-X% per year).

In value terms, Austria ($X) remains the key foreign market for phosphate rock exports from Poland, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Austria totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and the Czech Republic (-X% per year).

Export Prices by Country

In 2020, the average phosphate rock export price amounted to $X per ton, almost unchanged from the previous year. Overall, the export price, however, posted a noticeable increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2010; however, from 2011 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced mixed trend patterns.

Phosphate Rock Imports

Imports into Poland

In 2020, imports of phosphate rock into Poland declined to X tons, reducing by -X% on the previous year. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. As a result, imports attained the peak of X tons. from 2009 to 2020, the growth imports remained at a lower figure.

In value terms, phosphate rock imports reduced dramatically to $X in 2020. In general, imports recorded a slight contraction. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

Morocco (X tons), Algeria (X tons) and Senegal (X tons) were the main suppliers of phosphate rock imports to Poland, with a combined X% share of total imports. These countries were followed by Denmark, Israel and the Netherlands, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest phosphate rock suppliers to Poland were Morocco ($X), Algeria ($X) and Senegal ($X), together comprising X% of total imports. Israel, the Netherlands and Denmark lagged somewhat behind, together comprising a further X (+X% per year) recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average phosphate rock import price stood at $X per ton in 2020, which is down by -X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. from 2012 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Netherlands ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Denmark, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform