Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Africa - 2024
Contents:
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Africa (FOB) - 2022
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Africa (CIF) - 2024
- Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Africa
- Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Africa
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Africa (FOB) - 2022
In 2022, the average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $779 per ton, rising by 52% against the previous year. In general, the export price posted resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($1,308 per ton), while the average price for exports to Bangladesh ($678 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 Bangladesh (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Africa (CIF) - 2024
In January 2024, the average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $1,184 per ton, growing by 7.8% against the previous month. In general, the import price, however, continues to indicate a noticeable reduction. The pace of growth was the most pronounced in November 2023 an increase of 17% against the previous month. Over the period under review, average import prices attained the maximum at $1,994 per ton in January 2023; however, from February 2023 to January 2024, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was China ($1,189 per ton), while the price for Hong Kong SAR amounted to $1,023 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-0.2%).
Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Africa
In 2022, the amount of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses exported from South Africa skyrocketed to 199K tons, with an increase of 40% compared with 2021 figures. The total export volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 soared to $155M in 2022. In general, exports recorded a significant 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 South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 25.4 | 30.7 | 29.0 | 75.5 | 43.8% |
| Netherlands | 1.7 | 4.8 | 23.1 | 32.9 | 168.5% |
| Democratic Republic of the Congo | 5.9 | 11.9 | 9.3 | 20.1 | 50.5% |
| Bangladesh | 6.9 | 8.6 | 5.9 | 13.2 | 24.1% |
| Saudi Arabia | 6.2 | 3.8 | 2.9 | 10.0 | 17.3% |
| Indonesia | 6.5 | N/A | N/A | N/A | 0% |
| Brazil | 6.1 | N/A | N/A | N/A | 0% |
| Others | 1.8 | 1.7 | 3.1 | 3.6 | 26.0% |
| Total | 60.5 | 61.4 | 73.2 | 155 | 36.8% |
Top Export Markets for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids from South Africa in 2022:
- India (108.3K tons)
- Netherlands (41.2K tons)
- Bangladesh (19.5K tons)
- Democratic Republic of the Congo (15.4K tons)
- Saudi Arabia (12.4K tons)
Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Africa
In 2022, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses into South Africa skyrocketed to 19K tons, growing by 20% compared with the year before. Overall, imports showed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 227% against the previous year. As a result, imports reached the peak of 51K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses surged to $25M in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 113% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.9 | 7.2 | 10.3 | 11.5 | 18.6% |
| Jordan | N/A | 4.5 | 4.5 | 7.0 | 24.7% |
| Finland | 2.5 | 2.3 | N/A | 5.7 | 31.6% |
| Israel | N/A | N/A | 0.4 | 0.5 | 25.0% |
| Vietnam | N/A | 6.7 | N/A | N/A | 0% |
| Others | 0.9 | 1.3 | 0.6 | 0.4 | -23.7% |
| Total | 10.3 | 21.9 | 15.8 | 25.0 | 34.4% |
Top Suppliers of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids to South Africa in 2022:
- Jordan (6.5K tons)
- China (6.3K tons)
- Finland (6.0K tons)
- Israel (0.4K tons)
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