Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Vietnam - 2022
Contents:
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Vietnam (FOB) - 2022
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Vietnam (CIF) - 2022
- Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Vietnam
- Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Vietnam
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Vietnam (FOB) - 2022
The average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $1,846 per ton in 2022, with an increase of 70% against the previous year. Overall, the export price continues to indicate a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($1,846 per ton) and Indonesia ($1,846 per ton), while the average price for exports to Bangladesh ($1,846 per ton) and Japan ($1,846 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+37.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Vietnam (CIF) - 2022
The average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $2,072 per ton in 2022, jumping by 99% against the previous year. In general, the import price showed a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($2,072 per ton), while the price for Malaysia ($2,072 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Vietnam
In 2022, overseas shipments of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses decreased by -39.1% to 73K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a perceptible increase. The pace of growth appeared the most rapid in 2021 with an increase of 67%. As a result, the exports attained the peak of 119K tons, and then fell sharply in the following year.
In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses rose slightly to $134M in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 85% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 43.9 | 37.3 | 49.3 | 63.6 | 13.2% |
| Bangladesh | N/A | 2.7 | 11.5 | 41.5 | 292.1% |
| Malaysia | 1.7 | 3.2 | 13.9 | 13.0 | 97.0% |
| Indonesia | 1.6 | 18.7 | 30.1 | 5.9 | 54.5% |
| Japan | 0.2 | 0.2 | 0.8 | 2.7 | 138.1% |
| Thailand | 0.3 | N/A | 3.7 | 2.5 | 102.7% |
| Taiwan (Chinese) | 1.4 | 0.5 | 7.4 | 0.7 | -20.6% |
| Philippines | 13.1 | 0.1 | N/A | N/A | -99.2% |
| South Africa | N/A | 6.0 | N/A | N/A | 0% |
| Others | 0.6 | 0.9 | 12.2 | 4.2 | 91.3% |
| Total | 62.9 | 69.5 | 129 | 134 | 28.7% |
Top Export Markets for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids from Vietnam in 2022:
- India (34.4K tons)
- Bangladesh (22.5K tons)
- Malaysia (7.0K tons)
- Indonesia (3.2K tons)
- Japan (1.4K tons)
- Thailand (1.3K tons)
- Taiwan (Chinese) (0.4K tons)
Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Vietnam
In 2022, supplies from abroad of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses decreased by -38.5% to 12K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2020 when imports increased by 64% against the previous year.
In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses surged to $25M in 2022. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 59%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.7 | 12.5 | 18.0 | 18.9 | 41.3% |
| South Korea | 1.5 | 1.0 | 2.1 | 4.9 | 48.4% |
| Malaysia | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Others | 0.5 | 0.4 | 0.4 | 0.9 | 21.6% |
| Total | 8.8 | 13.9 | 20.5 | 25.0 | 41.6% |
Top Suppliers of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids to Vietnam in 2022:
- China (9.1K tons)
- South Korea (2.3K tons)
- Malaysia (0.2K tons)
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