Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Bolivia - 2023

Contents:

  1. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Bolivia (CIF) - 2022
  2. Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Bolivia

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

In 2022, the average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $2,007 per ton, jumping by 62% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.3% 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 +83.1% against 2020 indices. 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 Brazil ($2,016 per ton), while the price for China ($1,972 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, supplies from abroad of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses decreased by -32% to 716 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a noticeable slump. The pace of growth appeared the most rapid in 2020 with an increase of 39%. As a result, imports reached the peak of 1.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses expanded sharply to $1.4M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 35% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil59773674699518.6%
China77.910912437468.7%
Belgium23.222.521.962.939.4%
Mexico148292382N/A60.7%
Others13.02.129.65.3-25.9%
Total8591,1611,3031,43718.7%

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

  1. Brazil (493.7 tons)
  2. China (189.7 tons)
  3. Belgium (31.9 tons)

Source: IndexBox Market Intelligence Platform

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