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

Contents:

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

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

The average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $1,125 per ton in January 2024, picking up by 46% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $1,256 per ton in June 2023; however, from July 2023 to January 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($1,232 per ton), while the price for Belgium ($689 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Mexico (-0.7%), while the prices for the other major suppliers experienced a decline.

Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Canada (FOB) - 2024

The average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $850 per ton in January 2024, increasing by 11% against the previous month. Over the period under review, the export price, however, saw a slight downturn. The pace of growth was the most pronounced in September 2023 an increase of 35% month-to-month. The export price peaked at $1,046 per ton in January 2023; however, from February 2023 to January 2024, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In January 2024, the country with the highest price was the United States ($914 per ton), while the average price for exports to Guyana totaled $345 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Guyana (0.0%).

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

In 2022, overseas purchases of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses decreased by -3.7% to 137K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. As a result, imports reached the peak of 142K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses skyrocketed to $170M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +54.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. United States (93.7K tons)
2. Mexico (32.3K tons)
3. Belgium (4.7K tons)
4. China (4.4K tons)
5. Morocco (0.5K tons)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses, when their volume increased by 58% to 7.3K tons. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses soared to $5M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. United States (7.0K tons)
2. Brazil (0.2K tons)

Source: IndexBox Market Intelligence Platform