Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Nepal - 2022

Contents:

1. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Nepal (CIF) - 2022
2. Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Nepal

Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Nepal (CIF) - 2022

The average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $1,516 per ton in 2022, with an increase of 9.8% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses increased by +55.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 41% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,834 per ton), while the price for Belgium ($897 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Nepal

In 2022, overseas purchases of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses decreased by -5.5% to 496 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 49%. As a result, imports reached the peak of 553 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses reached $752K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 39% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids to Nepal in 2022:

1. India (277.4 tons)
2. China (197.4 tons)
3. Belgium (21.6 tons)

Source: IndexBox Market Intelligence Platform