Price for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in China - 2023

Contents:

  1. Price for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in China (FOB) - 2022
  2. Price for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in China (CIF) - 2023
  3. Exports of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in China
  4. Imports of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in China

Price for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in China (FOB) - 2022

The average export price for sulphides of non-metals; commercial phosphorus trisulphides stood at $2,775 per ton in 2022, surging by 29% against the previous year. Over the period under review, the export price showed a remarkable increase. The growth pace was the most rapid in 2016 when the average export price increased by 43%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($8,425 per ton), while the average price for exports to India ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+58.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in China (CIF) - 2023

The average import price for sulphides of non-metals; commercial phosphorus trisulphides stood at $52,543 per ton in December 2023, reducing by -20.4% against the previous month. Over the period under review, the import price showed a mild downturn. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 185% month-to-month. As a result, import price attained the peak level of $255K per ton. From July 2023 to December 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From December 2022 to December 2023, the rate of growth in terms of prices for India amounted to -1.0% per month.

Exports of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in China

For the fourth year in a row, China recorded growth in overseas shipments of sulphides of non-metals; commercial phosphorus trisulphides, which increased by 53% to 18K tons in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 65%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of sulphides of non-metals; commercial phosphorus trisulphides skyrocketed to $50M in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore4.94.310.117.653.1%
Japan2.54.59.516.487.2%
Russia2.02.91.78.260.1%
IndonesiaN/AN/A1.24.0233.3%
South AfricaN/AN/A1.21.1-8.3%
ItalyN/AN/AN/A0.90%
AustriaN/AN/AN/A0.60%
Others1.44.81.61.3-2.4%
Total10.716.525.450.067.2%

Top Export Markets for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide from China in 2022:

  1. Singapore (4.8K tons)
  2. Russia (4.6K tons)
  3. Indonesia (3.9K tons)
  4. Japan (1.9K tons)
  5. South Africa (1.1K tons)
  6. Austria (0.6K tons)
  7. Italy (0.3K tons)

Imports of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in China

In 2022, approx. 8.3 tons of sulphides of non-metals; commercial phosphorus trisulphides were imported into China; picking up by 71% against the year before. In general, imports, however, recorded a dramatic decrease.

In value terms, imports of sulphides of non-metals; commercial phosphorus trisulphides skyrocketed to $882K in 2022. Over the period under review, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India27836251187446.5%
United States7.23.13.85.4-9.1%
Thailand102N/AN/AN/A0%
Germany58.717.9N/AN/A-69.5%
Taiwan (Chinese)152N/AN/AN/A0%
Italy42.3N/AN/AN/A0%
Others41.467.339.62.3-61.8%
Total6824515548829.0%

Top Suppliers of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide to China in 2022:

  1. India (7.9 tons)
  2. United States (0.4 tons)

Source: IndexBox Market Intelligence Platform

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