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

Contents:

  1. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Mexico (CIF) - 2022
  2. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Mexico (FOB) - 2023
  3. Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Mexico
  4. Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Mexico

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

In December 2022, the average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $1,695 per ton, flattening at the previous month. Overall, the import price saw a notable increase. Over the period under review, average import prices attained the maximum in December 2022.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From December 2021 to December 2022, the rate of growth in terms of prices for the United States amounted to +1.9% per month.

Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Mexico (FOB) - 2023

In August 2023, the average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $908 per ton, leveling off at the previous month. Over the period under review, the export price recorded a slight contraction. The pace of growth was the most pronounced in November 2022 when the average export price increased by 303% m-o-m. As a result, the export price reached the peak level of $5,129 per ton. From December 2022 to August 2023, the the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From August 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to -1.1% per month.

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

Imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses into Mexico soared to 139K tons in 2022, growing by 57% on 2021 figures. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses surged to $159M in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States66.961.093.515331.8%
China3.92.51.25.310.8%
Others0.80.5N/A0.3-27.9%
Total71.664.094.815930.5%

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

  1. United States (134.0K tons)
  2. China (4.5K tons)

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

In 2022, shipments abroad of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses was finally on the rise to reach 103K tons after two years of decline. Overall, exports saw a moderate expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses surged to $93M in 2022. In general, exports posted a prominent 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 Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States52.639.634.790.820.0%
Peru12.911.7N/AN/A-9.3%
Colombia3.63.7N/AN/A2.8%
Others2.93.20.12.6-3.6%
Total72.058.234.893.39.0%

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

  1. United States (102.1K tons)

Source: IndexBox Market Intelligence Platform

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