Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Serbia - 2023
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Serbia (FOB) - 2023
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Serbia (CIF) - 2022
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Serbia
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Serbia
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Serbia (FOB) - 2023
The average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $678 per ton in November 2023, with an increase of 3.8% against the previous month. Overall, the export price, however, continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in October 2023 when the average export price increased by 7.4% m-o-m. Over the period under review, the average export prices hit record highs at $919 per ton in November 2022; however, from December 2022 to November 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In November 2023, the highest price was recorded for prices to Vietnam ($735 per ton) and Bosnia and Herzegovina ($729 per ton), while the average price for exports to Hungary ($653 per ton) and Croatia ($675 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-1.6%), while the prices for the other major destinations experienced a decline.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Serbia (CIF) - 2022
In 2022, the average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $733 per ton, approximately reflecting the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 31% against the previous year. Over the period under review, average import prices attained the maximum at $742 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 Turkey ($2,486 per ton), while the price for Switzerland ($356 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Serbia
In 2022, overseas shipments of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses decreased by -19.9% to 55K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 28% against the previous year. As a result, the exports reached the peak of 92K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $59M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.5% against 2019 indices. 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 Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 14.0 | 24.7 | 25.8 | 34.2 | 34.7% |
| Croatia | 2.5 | 2.8 | 3.0 | 4.8 | 24.3% |
| Romania | 4.2 | 3.7 | 4.1 | 4.4 | 1.6% |
| Ukraine | 1.7 | 1.4 | 1.2 | 2.9 | 19.5% |
| Vietnam | 0.7 | 1.9 | 1.4 | 2.3 | 48.7% |
| Bosnia and Herzegovina | 1.5 | 1.2 | 1.8 | 2.2 | 13.6% |
| Greece | 1.2 | 1.3 | 1.9 | 2.1 | 20.5% |
| Slovenia | 1.7 | 1.7 | 1.7 | 1.3 | -8.6% |
| Italy | 0.2 | 0.5 | 0.9 | 1.2 | 81.7% |
| Germany | 4.9 | 0.4 | N/A | N/A | -91.8% |
| Others | 2.0 | 2.3 | 2.5 | 3.7 | 22.8% |
| Total | 34.6 | 42.0 | 44.4 | 59.0 | 19.5% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Serbia in 2022:
- Hungary (34.5K tons)
- Romania (4.3K tons)
- Croatia (3.7K tons)
- Ukraine (2.2K tons)
- Vietnam (1.9K tons)
- Greece (1.7K tons)
- Bosnia and Herzegovina (1.6K tons)
- Italy (1.2K tons)
- Slovenia (1.0K tons)
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Serbia
In 2022, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses into Serbia skyrocketed to 19K tons, with an increase of 93% compared with the previous year. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses surged to $14M in 2022. Overall, imports continue to indicate a significant expansion. 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 Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3,094 | 3,353 | 3,742 | 7,895 | 36.7% |
| Turkey | N/A | 0.3 | N/A | 1,575 | 7145.7% |
| Germany | 615 | 737 | 726 | 715 | 5.2% |
| China | 306 | 412 | 683 | 674 | 30.1% |
| Italy | 64.6 | 83.2 | 52.3 | 470 | 93.8% |
| Lithuania | 127 | 149 | 311 | 446 | 52.0% |
| Poland | 235 | 457 | 306 | 274 | 5.3% |
| Slovenia | 314 | 324 | 315 | 244 | -8.1% |
| Switzerland | 37.8 | 30.5 | 58.7 | 141 | 55.1% |
| Others | 502 | 681 | 911 | 1,179 | 32.9% |
| Total | 5,296 | 6,226 | 7,105 | 13,614 | 37.0% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Serbia in 2022:
- Russia (15.5K tons)
- Turkey (0.6K tons)
- Lithuania (0.4K tons)
- Switzerland (0.4K tons)
- Italy (0.3K tons)
- Germany (0.3K tons)
- China (0.3K tons)
- Poland (0.2K tons)
- Slovenia (0.1K tons)
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