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

Contents:

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

Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Spain (CIF) - 2023

The average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $762 per ton in November 2023, with an increase of 18% against the previous month. Over the period under review, the import price, however, saw a perceptible contraction. Over the period under review, average import prices hit record highs at $1,108 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($1,259 per ton), while the price for Israel ($550 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Morocco (-2.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $1,077 per ton in November 2023, dropping by -17.5% against the previous month. In general, the export price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 39% against the previous month. Over the period under review, the average export prices hit record highs at $2,090 per ton in January 2023; however, from February 2023 to November 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In November 2023, the highest price was recorded for prices to France ($1,355 per ton) and Portugal ($1,265 per ton), while the average price for exports to Turkey ($929 per ton) and Italy ($1,199 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (-2.1%), while the prices for the other major destinations experienced a decline.

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

For the fourth year in a row, Spain recorded growth in overseas purchases of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses, which increased by 3% to 346K tons in 2022. The total import volume increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses surged to $311M in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 50%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

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

1. Morocco (212.6K tons)
2. Israel (95.7K tons)
3. Tunisia (17.6K tons)
4. China (11.2K tons)

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

In 2022, the amount of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses exported from Spain surged to 23K tons, jumping by 83% against 2021. Over the period under review, exports recorded significant growth. 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 skyrocketed to $26M in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. France (7.8K tons)
2. Turkey (6.5K tons)
3. Portugal (4.5K tons)
4. Germany (2.8K tons)
5. Italy (0.4K tons)
6. Algeria (0.1K tons)

Source: IndexBox Market Intelligence Platform