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

Contents:

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

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

In December 2021, the average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,118 per ton, picking up by 74% against the previous month. Overall, import price indicated a moderate expansion from January 2021 to December 2021: its price increased at an average monthly rate of +3.7% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses increased by +74.3% against November 2021 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was China ($2,852 per ton), while the price for Turkey totaled $881 per ton.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by China (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $1,927 per ton in 2022, falling by -15.2% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 55%. The export price peaked at $3,343 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($4,270 per ton), while the average price for exports to Democratic Republic of the Congo ($25 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 Uganda (+15.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses into Tanzania fell to 6.3K tons, with a decrease of -14.3% against the previous year. In general, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. As a result, imports reached the peak of 7.4K tons, and then dropped in the following year.

In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses rose markedly to $6.7M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.4% 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 +76.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 66% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,3972,4734,6384,71325.3%
Turkey11824749366978.3%
India12763.411635741.1%
Germany1.44.757.9286489.0%
Hong Kong SAR12814519723622.6%
Russia856499303234-35.1%
Tunisia20739.728.348.0-38.6%
Others291299412125-24.5%
Total4,1253,7716,2456,66817.4%

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

  1. China (4511.0 tons)
  2. Turkey (663.4 tons)
  3. Hong Kong SAR (293.0 tons)
  4. India (289.0 tons)
  5. Russia (286.6 tons)
  6. Germany (100.5 tons)
  7. Tunisia (50.0 tons)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses, when their volume increased by 145% to 23 tons. Overall, exports showed a measured 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 skyrocketed to $44K in 2022. Over the period under review, exports, however, recorded a abrupt setback.

Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda0.20.41.335.9464.1%
Zambia39.241.43.13.6-54.9%
Malawi0.30.810.12.9113.0%
Kenya17.80.46.50.8-64.4%
Democratic Republic of the CongoN/A0.7N/A0.3-34.5%
Others0.50.10.10.2-26.3%
Total58.043.821.143.7-9.0%

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

  1. Democratic Republic of the Congo (10.0 tons)
  2. Uganda (8.4 tons)
  3. Zambia (2.3 tons)
  4. Malawi (1.4 tons)
  5. Kenya (0.5 tons)

Source: IndexBox Market Intelligence Platform

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