Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in China - 2023
Contents:
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in China (FOB) - 2023
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in China (CIF) - 2023
- Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in China
- Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in China
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in China (FOB) - 2023
The average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $870 per ton in December 2023, picking up by 9% against the previous month. In general, the export price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in September 2023 an increase of 31% m-o-m. Over the period under review, the average export prices hit record highs at $1,283 per ton in December 2022; however, from January 2023 to December 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was the Netherlands ($1,390 per ton), while the average price for exports to India ($472 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+3.1%), while the prices for the other major destinations experienced a decline.
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in China (CIF) - 2023
In December 2023, the average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $3,070 per ton, shrinking by -2.2% against the previous month. Over the period under review, the import price showed a mild curtailment. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 18% against the previous month. As a result, import price reached the peak level of $3,996 per ton. From October 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Taiwan (Chinese) ($3,785 per ton), while the price for Japan ($2,614 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.4%), while the prices for the other major suppliers experienced a decline.
Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in China
In 2022, overseas shipments of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses were finally on the rise to reach 589K tons after two years of decline. The total export volume increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 skyrocketed to $945M in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 65.2 | 55.8 | 83.7 | 126 | 24.6% |
| South Korea | 61.4 | 56.9 | 110 | 90.8 | 13.9% |
| Netherlands | 8.2 | 6.3 | 13.2 | 70.9 | 105.2% |
| Indonesia | 32.6 | 33.6 | 49.3 | 60.5 | 22.9% |
| Taiwan (Chinese) | 38.0 | 39.5 | 64.7 | 57.6 | 14.9% |
| Turkey | 15.7 | 9.7 | 17.0 | 47.7 | 44.8% |
| Japan | 27.2 | 21.7 | 29.6 | 46.6 | 19.7% |
| Peru | 5.3 | 7.1 | 5.3 | 26.1 | 70.1% |
| Spain | 8.3 | 4.7 | 3.4 | 22.2 | 38.8% |
| Australia | 12.5 | 13.2 | 18.3 | 20.5 | 17.9% |
| Brazil | 5.7 | 4.8 | 3.2 | 18.5 | 48.1% |
| Vietnam | 5.8 | 9.0 | 13.9 | 15.1 | 37.6% |
| Poland | 2.9 | 1.4 | 0.9 | 10.7 | 54.5% |
| Others | 139 | 126 | 120 | 332 | 33.7% |
| Total | 428 | 389 | 532 | 945 | 30.2% |
Top Export Markets for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids from China in 2022:
- Thailand (90.4K tons)
- South Korea (51.6K tons)
- Indonesia (38.5K tons)
- Netherlands (38.4K tons)
- Taiwan (Chinese) (34.4K tons)
- Japan (32.8K tons)
- Turkey (29.4K tons)
- Vietnam (15.8K tons)
- Peru (15.4K tons)
- Brazil (15.2K tons)
- Poland (13.6K tons)
- Spain (12.6K tons)
- Australia (12.0K tons)
Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in China
In 2022, supplies from abroad of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses decreased by -33.2% to 17K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 137%.
In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses skyrocketed to $61M in 2022. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 63%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 6.4 | 8.3 | 18.7 | 30.2 | 67.7% |
| Japan | 11.3 | 16.6 | 12.5 | 20.7 | 22.4% |
| Taiwan (Chinese) | 4.4 | 5.1 | 5.6 | 7.4 | 18.9% |
| Tunisia | N/A | 6.3 | 8.7 | N/A | 38.1% |
| Others | 0.7 | 0.8 | 1.5 | 2.4 | 50.8% |
| Total | 22.8 | 37.1 | 46.9 | 60.7 | 38.6% |
Top Suppliers of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids to China in 2022:
- South Korea (8.1K tons)
- Japan (6.7K tons)
- Taiwan (Chinese) (2.2K tons)
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In February 2023, the price of diphosphorus pentaoxide was $2,754 per ton on a FOB basis in China, approximately the same as the previous month.
548
In value terms, phosphoric acid exports surged to $70M in March 2023.
985
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In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids exports totaled $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decre...
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