China Total Fertilizers Exports Statistics Data in Jan.-June of 2016
According to China General Administration of Customs, a report on China total fertilizers imports and exports volume, value and year-on-year growth shows that China total fertilizers exports volume fell 24.6 over 2015 to 1257 ten thousands of tons; total fertilizers exports value reached at $ 3,053,915 thousands, down 39.3% from the same period of 2015.
2016 First-half Report on China Fertilizers Exports Statistics Data
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Month
|
Volume(Ten thousands tons)
|
Value($ Thousand)
|
Volume over 2015 (%)
|
Value over 2015 (%)
|
Jan
|
112
|
612,175
|
30.5
|
24.9
|
Feb
|
59
|
321,250
|
-20
|
-18.9
|
Mar
|
65
|
528,664
|
-15.7
|
-19.2
|
Apr
|
91
|
471,500
|
-6.3
|
-18.1
|
May
|
52
|
531,742
|
-23.4
|
-43.7
|
June
|
46
|
594,827
|
-26
|
-44.3
|
2016 First-half Fertilizers Imports Statistics Data
China imported all kinds of fertilizers 460 thousand tons worth $132 million in June, 2016. In the first half year of 2016,China total fertilizer imports value fell 8.3 % over 2015 to 426 ten thousands tons ; China total fertilizers imports value was $ 1,366,810 thousands, decreased 18.2% year on year . China’s monthly import of fertilizers will get a recovery growth after the potash fertilizer ocean import negotiation comes to supply agreement in the new year.
China Fertilizers Imports Volume and Value in the First-half of 2016
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Month
|
Volume(Ten thousands tons)
|
Value($ Thousand)
|
Volume over 2015;(%)
|
Value over 2015 (%)
|
Jan
|
112
|
378,908
|
30.5
|
24.9
|
Feb
|
59
|
212,220
|
-20
|
-18.9
|
Mar
|
65
|
221,212
|
-15.7
|
-19.2
|
Apr
|
91
|
282,974
|
-6.3
|
-18.1
|
May
|
52
|
139,526
|
-23.4
|
-43.7
|
June
|
46
|
132,358
|
-26
|
-44.3
|
Factors affects fertilizers imports and exports
Factors that affect poor fertilizer demand are mainly low prices of international agricultural products, and bad weather in 2016. Compared to the same period of 2015, the new fertilizer VAT has reduced fertilizer export competitiveness. China has canceled the different tariffs of main fertilizers between peak season and off-season, and adopted unified annual export tariffs since January, 2015, which rapidly increased fertilizer exports output. In the first half of 2015, the export volume of mineral fertilizer and chemical fertilizer was 16.12 million tons with a total value of $ 4.975 billion.