Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Bangladesh - 2022

Contents:

  1. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Bangladesh (CIF) - 2022
  2. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Bangladesh (FOB) - 2022
  3. Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Bangladesh
  4. Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Bangladesh

Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Bangladesh (CIF) - 2022

The average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $861 per ton in 2022, with an increase of 37% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses increased by +101.1% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 47% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($1,650 per ton), while the price for Russia ($459 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Bangladesh (FOB) - 2022

In 2022, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $930 per ton, with an increase of 9.3% against the previous year. In general, the export price, however, continues to indicate a abrupt setback. The export price peaked at $4,686 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Serbia.

From 2012 to 2022, the rate of growth in terms of prices for Serbia amounted to 0.0% per year.

Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Bangladesh

In 2022, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses into Bangladesh soared to 67K tons, rising by 39% against 2021 figures. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.

In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses surged to $58M in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.120.622.246.734.7%
India0.70.91.32.552.9%
Turkey2.83.60.91.3-22.6%
South Africa0.60.70.81.018.6%
Russia1.60.40.30.8-20.6%
Others4.63.85.05.77.4%
Total29.530.130.658.125.3%

Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Bangladesh in 2022:

  1. China (57.3K tons)
  2. South Africa (2.1K tons)
  3. India (1.7K tons)
  4. Russia (1.7K tons)
  5. Turkey (1.3K tons)

Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Bangladesh

In 2022, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses from Bangladesh plummeted to 39 tons, with a decrease of -21.7% against the previous year's figure. Over the period under review, exports showed a sharp reduction.

In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses declined to $36K in 2022. Overall, exports recorded a abrupt shrinkage.

Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Bangladesh (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
SerbiaN/A36.40%
Nepal42.5N/A0%
OthersN/AN/A0%
Total42.536.4-14.4%

Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Bangladesh in 2022:

  1. Serbia (39.2 tons)

Source: IndexBox Market Intelligence Platform

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