Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the United States - 2023
Contents:
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the United States (FOB) - 2022
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the United States (CIF) - 2023
- Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the United States
- Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the United States
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the United States (FOB) - 2022
In 2022, the average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $773 per ton, jumping by 38% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses increased by +80.4% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($2,383 per ton), while the average price for exports to Mexico ($517 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 Brazil (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the United States (CIF) - 2023
In December 2023, the average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $864 per ton, increasing by 15% against the previous month. Over the period under review, the import price, however, recorded a pronounced shrinkage. Over the period under review, average import prices attained the maximum at $1,333 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Israel ($904 per ton), while the price for Taiwan (Chinese) ($596 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+11.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the United States
In 2022, approx. 608K tons of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses were exported from the United States; picking up by 7.8% compared with the previous year's figure. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 33%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses soared to $470M in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 105 | 103 | 136 | 161 | 15.3% |
| India | 80.5 | 37.0 | 67.4 | 151 | 23.3% |
| Mexico | 55.3 | 62.1 | 93.2 | 137 | 35.3% |
| Others | 16.5 | 18.0 | 19.3 | 21.2 | 8.7% |
| Total | 257 | 220 | 316 | 470 | 22.3% |
Top Export Markets for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids from the United States in 2022:
- Mexico (264.6K tons)
- India (196.0K tons)
- Canada (135.5K tons)
Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the United States
In 2022, the amount of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses imported into the United States soared to 375K tons, rising by 18% against the year before. The total import volume increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. 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 soared to $441M in 2022. In general, imports posted a significant increase. 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 51.1 | 30.2 | 54.8 | 145 | 41.6% |
| Belgium | 60.3 | 63.4 | 76.0 | 130 | 29.2% |
| Israel | 12.9 | 23.2 | 32.7 | 93.9 | 93.8% |
| China | 22.4 | 10.3 | 6.4 | 23.0 | 0.9% |
| Morocco | 46.4 | 42.6 | 53.3 | 15.1 | -31.2% |
| Taiwan (Chinese) | 4.3 | 4.1 | 2.9 | 6.9 | 17.1% |
| Canada | 3.5 | 3.1 | 2.1 | 4.4 | 7.9% |
| Others | 8.5 | 9.0 | 7.6 | 23.4 | 40.2% |
| Total | 209 | 186 | 236 | 441 | 28.3% |
Top Suppliers of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids to the United States in 2022:
- Mexico (150.4K tons)
- Belgium (90.9K tons)
- Israel (54.0K tons)
- Morocco (29.0K tons)
- China (22.7K tons)
- Taiwan (Chinese) (9.9K tons)
- Canada (5.9K tons)
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In July 2022, the phosphoric acid price per ton stood at $1,071, rising by 13% against the previous month.
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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...
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Explore the top import markets for phosphoric acid globally and understand the key players driving the demand for this essential chemical compound.
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In March 2023, the diphosphorus pentaoxide price stood at $4,281 per ton (CIF, US), increasing by 17% against the previous month.
546
In July 2022, the phosphoric acid price per ton stood at $1,071, rising by 13% against the previous month.
2248
The phosphoric acid price per ton stood at $319 (FOB, US) in May 2022, declining by -67.7% against the previous month.
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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...
