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

Contents:

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

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

The average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $2,296 per ton in 2022, picking up by 78% against the previous year. Overall, the import price posted a temperate expansion. The most prominent rate of growth was recorded in 2018 an increase of 214% against the previous year. As a result, import price attained the peak level of $3,614 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($2,256 per ton), while the price for Free Zones ($2,064 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $918 per ton, stabilizing at the previous year. Overall, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 4% against the previous year. The export price peaked at $8,721 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +8.9% per year.

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

After three years of growth, purchases abroad of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses decreased by -28.2% to 308 tons in 2022. Over the period under review, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 32%.

In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses soared to $707K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.0% 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 +77.1% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 34%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15619095.659656.3%
Brazil75.415839557.8-8.5%
Free Zones8.928.226.019.630.1%
Mexico89.310.96.415.0-44.8%
Others69.724.528.918.6-35.6%
Total39941155270721.0%

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

  1. China (265.2 tons)
  2. Brazil (25.6 tons)
  3. Free Zones (9.5 tons)
  4. Mexico (4.0 tons)

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

In 2022, shipments abroad of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses decreased by 0% to 49 tons, falling for the second consecutive year after two years of growth. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,695% against the previous year. As a result, the exports attained the peak of 97 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $45K in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 1,689% against the previous year. As a result, the exports reached the peak of $89K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.06.5N/A44.7107.5%
VenezuelaN/A81.7N/AN/A0%
OthersN/A1.3N/AN/A0%
Total5.089.5N/A44.7107.5%

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

  1. United States (48.7 tons)

Source: IndexBox Market Intelligence Platform

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