Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the Philippines - 2023
Contents:
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the Philippines (CIF) - 2023
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the Philippines (FOB) - 2022
- Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the Philippines
- Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the Philippines
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the Philippines (CIF) - 2023
In November 2023, the average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $997 per ton, dropping by -40% against the previous month. In general, the import price showed a abrupt setback. The most prominent rate of growth was recorded in April 2023 an increase of 83% month-to-month. Over the period under review, average import prices attained the peak figure at $2,382 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to -4.3% per month.
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the Philippines (FOB) - 2022
The average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $2,130 per ton in 2022, growing by 157% against the previous year. In general, the export price continues to indicate strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +15.1% per year.
Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the Philippines
In 2022, approx. 3.7K tons of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses were imported into the Philippines; declining by -55.3% compared with the year before. Overall, imports recorded a precipitous decrease. The smallest decline of -43.9% was in 2021.
In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses expanded notably to $5.9M in 2022. In general, imports faced a sharp shrinkage.
| Import of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 2.7 | 3.2 | 5.4 | 24.5% |
| Vietnam | 19.9 | 3.2 | 1.7 | N/A | -70.8% |
| Morocco | 5.1 | N/A | N/A | N/A | 0% |
| Indonesia | 0.2 | 0.3 | 0.2 | N/A | 0.0% |
| Others | 0.4 | 0.6 | 0.4 | 0.5 | 7.7% |
| Total | 28.4 | 6.8 | 5.6 | 5.9 | -40.8% |
Top Suppliers of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids to the Philippines in 2022:
- China (3.5K tons)
Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the Philippines
After three years of growth, shipments abroad of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses decreased by 99.9% to 369 kg in 2022. Over the period under review, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 322%. As a result, the exports reached the peak of 60K tons, and then shrank remarkably in the following year.
In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses contracted sharply to $786 in 2022. Overall, exports continue to indicate a dramatic slump. The growth pace was the most rapid in 2020 when exports increased by 421%.
| Export of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1.7 | 7.8 | 41.5 | N/A | 394.1% |
| India | N/A | N/A | N/A | N/A | 0% |
| Others | 1.3 | 7.9 | 8.2 | N/A | 151.2% |
| Total | 3.0 | 15.7 | 49.7 | N/A | 307.0% |
Top Export Markets for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids from the Philippines in 2022:
- India (369.0 kg)
385
This report provides an in-depth analysis of the diphosphorus pentaoxide market in the Philippines.
586
This report provides an in-depth analysis of the phosphoric acid market in the Philippines.
470
This report provides an in-depth analysis of the global diphosphorus pentaoxide market.
1310
This report provides an in-depth analysis of the global phosphoric acid market.
385
This report provides an in-depth analysis of the diphosphorus pentaoxide market in the Philippines.
586
This report provides an in-depth analysis of the phosphoric acid market in the Philippines.
470
This report provides an in-depth analysis of the global diphosphorus pentaoxide market.
1310
This report provides an in-depth analysis of the global phosphoric acid market.
982
In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids imports totaled $X in 2016. Overall, it indicated a notable growth from 2007 to 2016: the total imports value increa...
1136
In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids exports totaled $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decre...
115
Explore the top import markets for phosphoric acid globally and understand the key players driving the demand for this essential chemical compound.
982
In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids imports totaled $X in 2016. Overall, it indicated a notable growth from 2007 to 2016: the total imports value increa...
1136
In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids exports totaled $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decre...
115
Explore the top import markets for phosphoric acid globally and understand the key players driving the demand for this essential chemical compound.
