Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Estonia - 2023

Contents:

  1. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Estonia (CIF) - 2023
  2. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Estonia (FOB) - 2023
  3. Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Estonia
  4. Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Estonia

Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Estonia (CIF) - 2023

In October 2023, the average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,948 per ton, with an increase of 33% against the previous month. Over the period under review, the import price, however, showed a pronounced decrease. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 203% month-to-month. As a result, import price attained the peak level of $4,279 per ton. From March 2023 to October 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the Netherlands ($6,121 per ton), while the price for Lithuania ($802 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Thailand (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Estonia (FOB) - 2023

The average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $4,007 per ton in October 2023, increasing by 8.5% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average export price increased by 36% month-to-month. As a result, the export price reached the peak level of $4,775 per ton. From May 2023 to October 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Finland ($4,762 per ton), while the average price for exports to Denmark ($2,478 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (-0.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses decreased by -61.9% to 15K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a precipitous curtailment. The growth pace was the most rapid in 2020 when imports increased by 21% against the previous year. As a result, imports attained the peak of 39K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses fell rapidly to $13M in 2022. Overall, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +10.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 52% against the previous year. As a result, imports reached the peak of $19M, and then declined dramatically in the following year.

Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia8.98.814.84.6-19.7%
Germany1.51.31.74.544.2%
Thailand0.30.50.41.674.7%
Lithuania0.30.30.50.518.6%
ChinaN/AN/A0.10.4300.0%
LatviaN/A0.30.10.2-18.4%
Others1.01.11.01.514.5%
Total12.112.318.713.43.5%

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

  1. Russia (9.0K tons)
  2. Germany (3.5K tons)
  3. Thailand (0.6K tons)
  4. Lithuania (0.4K tons)
  5. China (0.3K tons)
  6. Latvia (0.2K tons)

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

After three years of growth, overseas shipments of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses decreased by -71.7% to 9.7K tons in 2022. Overall, exports saw a sharp contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 3.7%. As a result, the exports attained the peak of 34K tons, and then declined dramatically in the following year.

In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses shrank significantly to $9.2M in 2022. In general, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 39%. As a result, the exports attained the peak of $17M, and then fell remarkably in the following year.

Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11.611.715.66.2-18.8%
RussiaN/A0.10.12.6409.9%
Others0.20.20.90.314.5%
Total11.812.016.69.2-8.0%

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

  1. Germany (8.9K tons)
  2. Russia (0.7K tons)

Source: IndexBox Market Intelligence Platform

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