Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Paraguay - 2024
Contents:
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Paraguay (CIF) - 2024
- Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Paraguay
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Paraguay (CIF) - 2024
The average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $1,386 per ton in January 2024, with a decrease of -24.7% against the previous month. In general, the import price continues to indicate a noticeable decrease. The growth pace was the most rapid in April 2023 when the average import price increased by 170% m-o-m. As a result, import price attained the peak level of $5,765 per ton. From May 2023 to January 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Brazil ($2,184 per ton), while the price for China totaled $1,246 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Brazil (-0.4%), while the prices for the other major suppliers experienced a decline.
Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Paraguay
In 2022, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses into Paraguay soared to 1.1K tons, rising by 57% against 2021. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.5% against 2019 indices. As a result, imports reached 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 $2.6M in 2022. Over the period under review, 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 Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 512 | 1,269 | 1,239 | 2,104 | 60.2% |
| China | 180 | 107 | 24.4 | 409 | 31.5% |
| Mexico | 71.9 | 59.6 | 37.6 | 81.7 | 4.4% |
| Belgium | 17.6 | 66.1 | 25.2 | 39.1 | 30.5% |
| Others | 42.1 | 65.7 | 60.3 | 13.7 | -31.2% |
| Total | 824 | 1,567 | 1,387 | 2,647 | 47.6% |
Top Suppliers of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids to Paraguay in 2022:
- Brazil (878.6 tons)
- China (183.2 tons)
- Mexico (51.2 tons)
- Belgium (17.0 tons)
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