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

Contents:

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

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

In 2022, the average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,162 per ton, surging by 54% against the previous year. Over the period under review, the import price continues to indicate a noticeable expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,621 per ton), while the price for Japan ($617 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $1,273 per ton in 2022, waning by -23.2% against the previous year. Overall, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2019 an increase of 31% against the previous year. The export price peaked at $3,157 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($1,304 per ton), while the average price for exports to India stood at $1,260 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 4.3K tons of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses were imported into Sri Lanka; with a decrease of -37.6% on the year before. Over the period under review, imports recorded a precipitous shrinkage. The smallest decline of -9.7% was in 2021.

In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses reduced modestly to $4.9M in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports attained the peak of $5.1M, and then contracted slightly in the following year.

Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,2542,8062,8222,776-5.2%
Vietnam28330241358027.0%
India22114227452633.5%
Thailand25321626739716.2%
Japan10354.212916116.1%
Others8508691,235498-16.3%
Total4,9634,3895,1404,938-0.2%

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

  1. China (2863.8 tons)
  2. Vietnam (694.5 tons)
  3. Japan (260.8 tons)
  4. Thailand (193.4 tons)
  5. India (145.2 tons)

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

In 2022, the amount of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses exported from Sri Lanka surged to 81 tons, increasing by 480% on the year before. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses surged to $103K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.50.64.652.2370.9%
Bangladesh0.81.65.050.1297.1%
Indonesia0.71.81.70.98.7%
Oman3.06.611.3N/A94.1%
Others0.10.30.60.10.0%
Total5.211.023.2103170.6%

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

  1. India (41.4 tons)
  2. Bangladesh (38.4 tons)
  3. Indonesia (1.2 tons)

Source: IndexBox Market Intelligence Platform

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