Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Brazil - 2024

Contents:

  1. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Brazil (CIF) - 2024
  2. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Brazil (FOB) - 2022
  3. Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Brazil
  4. Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Brazil

Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Brazil (CIF) - 2024

The average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $679 per ton in February 2024, waning by -4.6% against the previous month. In general, the import price continues to indicate a slight descent. The most prominent rate of growth was recorded in November 2023 an increase of 63% against the previous month. The import price peaked at $1,232 per ton in July 2023; however, from August 2023 to February 2024, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($1,218 per ton), while the price for Morocco ($620 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Morocco (-1.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $1,740 per ton, increasing by 62% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses increased by +106.8% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($51,319 per ton), while the average price for exports to the United States ($1,054 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 India (+49.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses into Brazil dropped slightly to 242K tons, which is down by -2.3% on the previous year's figure. The total import volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. As a result, imports reached the peak of 248K tons, and then dropped slightly in the following year.

In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses skyrocketed to $263M in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 83% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco45.451.611518459.4%
Israel20.622.027.753.437.4%
China7.85.34.217.430.7%
Mexico1.54.15.67.067.1%
United States10.40.50.30.4-66.2%
Others15.74.58.21.1-58.8%
Total10188.016126337.6%

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

  1. Morocco (176.2K tons)
  2. Israel (51.2K tons)
  3. China (7.7K tons)
  4. Mexico (6.0K tons)
  5. United States (0.1K tons)

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

After three years of growth, overseas shipments of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses decreased by -54.6% to 16K tons in 2022. Overall, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year.

In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses shrank markedly to $28M in 2022. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 71% against the previous year. As a result, the exports reached the peak of $38M, and then dropped dramatically in the following year.

Export of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina5.110.415.210.025.2%
Uruguay2.52.52.84.521.6%
Colombia0.61.64.02.867.1%
Chile1.10.82.42.022.1%
Paraguay0.51.21.32.058.7%
Peru0.31.04.71.985.0%
Costa Rica1.20.61.51.57.7%
Ecuador0.50.51.51.026.0%
Bolivia0.50.70.60.921.6%
Others1.53.14.51.50.0%
Total13.822.438.428.226.9%

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

  1. Argentina (6.1K tons)
  2. Uruguay (2.7K tons)
  3. Colombia (1.5K tons)
  4. Chile (1.2K tons)
  5. Peru (1.0K tons)
  6. Costa Rica (0.9K tons)
  7. Paraguay (0.9K tons)
  8. Ecuador (0.6K tons)
  9. Bolivia (0.5K tons)

Source: IndexBox Market Intelligence Platform

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