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

Contents:

  1. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Italy (CIF) - 2023
  2. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Italy (FOB) - 2022
  3. Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Italy
  4. Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Italy

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

The average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $1,651 per ton in October 2023, with a decrease of -7.8% against the previous month. Overall, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 24% against the previous month. As a result, import price reached the peak level of $2,507 per ton. From February 2023 to October 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($1,954 per ton), while the price for Egypt ($489 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 France (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,740 per ton, falling by -7.9% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses increased by +72.0% against 2015 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 27%. Over the period under review, the average export prices attained the maximum at $1,890 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($2,480 per ton), while the average price for exports to Hungary ($730 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 Bosnia and Herzegovina (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses increased by 0.4% to 73K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a mild slump.

In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $165M in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20.917.025.955.238.2%
Germany23.224.725.232.612.0%
France9.38.111.014.215.2%
Belgium5.05.86.611.030.1%
Israel7.88.08.79.98.3%
Slovenia4.96.17.18.520.2%
Spain3.55.05.87.528.9%
Tunisia5.13.23.66.810.1%
Russia1.81.91.51.0-17.8%
Others11.312.714.017.916.6%
Total92.892.510916521.1%

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

  1. China (17.7K tons)
  2. Germany (9.2K tons)
  3. Tunisia (7.7K tons)
  4. Slovenia (6.6K tons)
  5. Spain (5.4K tons)
  6. Belgium (4.9K tons)
  7. Israel (4.7K tons)
  8. France (4.3K tons)
  9. Russia (0.8K tons)

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

For the fourth year in a row, Italy recorded growth in overseas shipments of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses, which increased by 117% to 31K tons in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $55M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland3.94.96.711.643.8%
Switzerland1.82.42.55.646.0%
France1.62.42.55.248.1%
Austria0.51.11.24.5108.0%
Germany1.21.51.42.934.2%
Spain0.90.70.92.947.7%
Belgium0.20.30.32.0115.4%
Slovenia0.50.40.61.956.0%
Bosnia and Herzegovina0.10.30.41.6152.0%
Hungary0.70.40.61.631.7%
Egypt0.20.50.61.281.7%
Czech Republic0.30.30.21.154.2%
Algeria0.71.40.10.2-34.1%
Others9.17.69.412.511.2%
Total21.624.127.354.636.2%

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

  1. Poland (4.7K tons)
  2. Austria (4.0K tons)
  3. Switzerland (3.6K tons)
  4. Spain (2.4K tons)
  5. France (2.2K tons)
  6. Hungary (2.1K tons)
  7. Germany (1.7K tons)
  8. Belgium (1.6K tons)
  9. Bosnia and Herzegovina (1.2K tons)
  10. Slovenia (1.1K tons)
  11. Czech Republic (0.9K tons)
  12. Egypt (0.9K tons)
  13. Algeria (0.1K tons)

Source: IndexBox Market Intelligence Platform

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