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

Contents:

1. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Belarus (CIF) - 2022
2. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Belarus (FOB) - 2022
3. Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Belarus
4. Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Belarus

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

The average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $1,373 per ton in 2022, growing by 46% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 +61.1% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Poland ($1,723 per ton), while the price for Serbia ($684 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Belarus (FOB) - 2022

In 2022, the average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $3,268 per ton, with a decrease of -7.5% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 148% against the previous year. The export price peaked at $15,686 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($3,548 per ton), while the average price for exports to Kazakhstan ($1,714 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 Russia (+0.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses imported into Belarus dropped remarkably to 1.6K tons, which is down by -32.4% on 2021. In general, imports faced a abrupt decline. The smallest decline of -2.2% was in 2021.

In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses shrank modestly to $2.2M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The smallest decline of -0.1% was in 2020.

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

1. Russia (635.8 tons)
2. China (317.0 tons)
3. Poland (244.1 tons)
4. Lithuania (154.9 tons)
5. Kazakhstan (148.4 tons)
6. Serbia (102.4 tons)

Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Belarus

After three years of growth, overseas shipments of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses decreased by -90.5% to 1.5 tons in 2022. Overall, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by 422%. As a result, the exports attained the peak of 16 tons, and then shrank significantly in the following year.

In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses declined markedly to $4.8K in 2022. Over the period under review, exports, however, recorded a noticeable expansion. The growth pace was the most rapid in 2021 when exports increased by 560% against the previous year. As a result, the exports reached the peak of $55K, and then declined rapidly in the following year.

Top Export Markets for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids from Belarus in 2022:

1. Russia (1175.0 kg)
2. Kazakhstan (189.0 kg)
3. Ukraine (105.0 kg)

Source: IndexBox Market Intelligence Platform