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

Contents:

  1. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Libya (CIF) - 2022
  2. Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Libya

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

In 2022, the average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $906 per ton, with an increase of 21% against the previous year. In general, the import price, however, saw a mild contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 41%. The import price peaked at $1,005 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the United States ($4,211 per ton), while the price for Tunisia ($716 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses into Libya rose rapidly to 1.5K tons in 2022, with an increase of 7.3% against the previous year. In general, imports, however, continue to indicate a slight decline. The growth pace was the most rapid in 2021 when imports increased by 77%.

In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses skyrocketed to $1.4M in 2022. Over the period under review, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 65% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tunisia17331469088872.5%
Turkey40094.7193174-24.2%
United States28.119.522.210756.2%
China22311833.498.4-23.9%
Thailand23.718.124.922.4-1.9%
Spain20.522.740.612.8-14.5%
Others57.660.566.590.216.1%
Total9266481,0711,39314.6%

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

  1. Tunisia (1239.7 tons)
  2. China (117.2 tons)
  3. Turkey (79.9 tons)
  4. Thailand (30.8 tons)
  5. United States (25.4 tons)
  6. Spain (9.8 tons)

Source: IndexBox Market Intelligence Platform

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