Phosphorus Price in Pakistan - 2023
Contents:
Phosphorus Price in Pakistan (CIF) - 2022
In 2022, the average phosphorus import price amounted to $2,438 per ton, declining by -30% against the previous year. In general, the import price showed a perceptible decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 40%. As a result, import price attained the peak level of $5,271 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($2,580 per ton), while the price for China totaled $2,422 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-3.7%).
Phosphorus Imports in Pakistan
In 2022, approx. 716 tons of phosphori were imported into Pakistan; rising by 144% against 2021. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, phosphorus imports surged to $1.7M in 2022. In general, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Phosphorus in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 884 | 469 | 919 | 1,573 | 21.2% |
| Vietnam | 94.5 | 76.8 | 95.0 | 159 | 18.9% |
| Others | 157 | 111 | 7.6 | 12.9 | -56.5% |
| Total | 1,136 | 658 | 1,021 | 1,745 | 15.4% |
Top Suppliers of Phosphorus to Pakistan in 2022:
- China (649.3 tons)
- Vietnam (61.6 tons)
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