Phosphorus Price in Thailand - 2023
Contents:
Phosphorus Price in Thailand (CIF) - 2022
The average phosphorus import price stood at $6,653 per ton in 2022, declining by -6.6% against the previous year. Overall, the import price saw a slight curtailment. The pace of growth was the most pronounced in 2020 an increase of 22%. Over the period under review, average import prices hit record highs at $10,619 per ton in 2018; however, from 2019 to 2022, 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 China ($6,670 per ton), while the price for India stood at $6,404 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.1%).
Phosphorus Imports in Thailand
In 2022, approx. 196 kg of phosphori were imported into Thailand; reducing by -22.2% compared with 2021. Overall, imports saw a dramatic curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 81%.
In value terms, phosphorus imports contracted dramatically to $1.3K in 2022. Over the period under review, imports recorded a dramatic setback. The growth pace was the most rapid in 2021 when imports increased by 121%.
| Import of Phosphorus in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 95.1 | N/A | N/A | 1.2 | -76.7% |
| India | N/A | N/A | N/A | 0.1 | 0% |
| United States | 0.6 | 0.8 | 1.8 | N/A | 73.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 95.7 | 0.8 | 1.8 | 1.3 | -76.1% |
Top Suppliers of Phosphorus to Thailand in 2022:
- China (184.0 kg)
- India (12.0 kg)
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