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

Contents:

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

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

The average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $1,779 per ton in 2022, jumping by 74% against the previous year. Overall, the import price posted a prominent expansion. 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 the Netherlands ($3,406 per ton), while the price for Poland ($998 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $1,782 per ton in 2022, picking up by 39% against the previous year. In general, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% 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 +67.5% against 2019 indices. As a result, the export price attained 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 Russia ($4,671 per ton), while the average price for exports to Finland ($1,106 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 the Netherlands (+255.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Lithuania recorded growth in purchases abroad of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses, which increased by 12% to 2.7K tons in 2022. The total import volume increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 20%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses skyrocketed to $4.8M in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (859.8 tons)
2. Poland (794.8 tons)
3. Kazakhstan (305.6 tons)
4. Turkey (280.1 tons)
5. Czech Republic (122.2 tons)
6. Finland (121.0 tons)
7. Netherlands (104.4 tons)

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

In 2022, shipments abroad of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses decreased by -3.1% to 536 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a pronounced descent. The growth pace was the most rapid in 2020 when exports increased by 17%. As a result, the exports attained the peak of 697 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses surged to $956K in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.8% against 2019 indices. 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 Lithuania in 2022:

1. Latvia (214.2 tons)
2. Slovakia (119.9 tons)
3. Estonia (81.4 tons)
4. Belarus (38.8 tons)
5. Ukraine (36.2 tons)
6. Finland (21.4 tons)
7. Netherlands (9.9 tons)

Source: IndexBox Market Intelligence Platform