Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Singapore - 2023
Contents:
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Singapore (CIF) - 2022
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Singapore (FOB) - 2022
- Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Singapore
- Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Singapore
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Singapore (CIF) - 2022
In 2022, the average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $2,717 per ton, rising by 33% against the previous year. In general, import price indicated a remarkable increase 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, import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses increased by +78.0% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,307 per ton), while the price for Belgium ($1,480 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Singapore (FOB) - 2022
The average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $1,966 per ton in 2022, growing by 12% against the previous year. Over the period under review, the export price, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2016 an increase of 48%. The export price peaked at $3,026 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($6,372 per ton), while the average price for exports to Australia ($1,409 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 Indonesia (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Singapore
In 2022, after three years of growth, there was decline in supplies from abroad of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses, when their volume decreased by -0.3% to 12K tons. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 4.1% against the previous year.
In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses skyrocketed to $33M in 2022. In general, imports, however, saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.0 | 8.0 | 11.5 | 15.3 | 24.1% |
| United States | 3.6 | 6.0 | 4.9 | 4.8 | 10.1% |
| Taiwan (Chinese) | 1.7 | 2.0 | 2.5 | 4.6 | 39.3% |
| Japan | 2.5 | 2.1 | 2.5 | 4.0 | 17.0% |
| Belgium | N/A | 0.7 | 1.8 | 3.2 | 113.8% |
| Others | 1.3 | 0.7 | 1.5 | 0.7 | -18.6% |
| Total | 17.1 | 19.6 | 24.7 | 32.7 | 24.1% |
Top Suppliers of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids to Singapore in 2022:
- China (6.5K tons)
- Belgium (2.2K tons)
- Taiwan (Chinese) (1.3K tons)
- Japan (1.1K tons)
- United States (0.8K tons)
Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Singapore
In 2022, the amount of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses exported from Singapore skyrocketed to 1.9K tons, growing by 35% against the previous year's figure. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses skyrocketed to $3.7M in 2022. Overall, exports showed a significant increase. 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 Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 995 | 896 | 1,352 | 2,081 | 27.9% |
| Australia | 14.1 | 4.2 | 1.6 | 382 | 200.3% |
| China | 148 | 124 | 69.8 | 278 | 23.4% |
| Vietnam | 2.7 | 5.4 | 60.7 | 267 | 362.4% |
| Brunei Darussalam | 246 | 241 | 199 | 263 | 2.3% |
| Philippines | 172 | 143 | 201 | 200 | 5.2% |
| Taiwan (Chinese) | 113 | 38.2 | 102 | 27.0 | -37.9% |
| Others | 126 | 236 | 493 | 247 | 25.2% |
| Total | 1,817 | 1,687 | 2,479 | 3,744 | 27.3% |
Top Export Markets for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids from Singapore in 2022:
- Malaysia (1237.8 tons)
- Australia (270.9 tons)
- Brunei Darussalam (122.2 tons)
- Vietnam (105.0 tons)
- China (59.4 tons)
- Philippines (31.3 tons)
- Taiwan (Chinese) (7.3 tons)
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