Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Thailand - 2023
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Thailand (FOB) - 2022
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Thailand (CIF) - 2023
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Thailand
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Thailand
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Thailand (FOB) - 2022
The average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $2,177 per ton in 2022, increasing by 44% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.0% 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 +42.3% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($2,885 per ton), while the average price for exports to Myanmar ($414 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 Australia (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Thailand (CIF) - 2023
In November 2023, the average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,309 per ton, with an increase of 8.3% against the previous month. In general, the import price, however, showed a slight setback. The growth pace was the most rapid in July 2023 an increase of 14% m-o-m. The import price peaked at $1,530 per ton in January 2023; however, from February 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,044 per ton), while the price for Tunisia ($722 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.9%), while the prices for the other major suppliers experienced a decline.
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Thailand
In 2022, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses from Thailand expanded to 79K tons, surging by 1.5% compared with 2021 figures. The total export volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 6.2%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $172M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.5% 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 +71.3% against 2020 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 Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.3 | 15.5 | 19.2 | 33.8 | 30.2% |
| Vietnam | 16.5 | 17.3 | 21.8 | 24.1 | 13.5% |
| India | 7.5 | 7.6 | 10.2 | 14.6 | 24.9% |
| Indonesia | 10.4 | 11.4 | 13.7 | 13.3 | 8.5% |
| Malaysia | 6.4 | 6.4 | 7.7 | 9.0 | 12.0% |
| Australia | 2.6 | 3.0 | 4.0 | 6.7 | 37.1% |
| Kenya | 5.5 | 2.8 | 3.2 | 6.4 | 5.2% |
| Philippines | 9.4 | 3.2 | 3.4 | 5.4 | -16.9% |
| New Zealand | 2.6 | 2.0 | 3.0 | 5.0 | 24.4% |
| United Kingdom | 1.1 | 1.1 | 1.7 | 4.9 | 64.5% |
| Netherlands | 3.8 | 3.0 | 1.3 | 2.9 | -8.6% |
| France | 1.9 | 1.4 | 1.1 | 2.5 | 9.6% |
| Myanmar | 0.3 | 0.1 | 0.1 | 0.6 | 26.0% |
| Others | 23.2 | 26.0 | 27.2 | 43.4 | 23.2% |
| Total | 106 | 101 | 118 | 172 | 17.5% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Thailand in 2022:
- United States (13.1K tons)
- Vietnam (11.0K tons)
- India (6.8K tons)
- Indonesia (5.3K tons)
- United Kingdom (4.8K tons)
- Malaysia (3.7K tons)
- Kenya (2.9K tons)
- Australia (2.5K tons)
- Netherlands (2.4K tons)
- Philippines (2.1K tons)
- France (1.9K tons)
- New Zealand (1.7K tons)
- Myanmar (1.4K tons)
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Thailand
In 2022, purchases abroad of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses decreased by -24.9% to 87K tons, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 9.7% against the previous year. As a result, imports attained the peak of 119K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses skyrocketed to $147M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.2% 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 +56.9% against 2019 indices. 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 Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 70.8 | 69.5 | 98.3 | 115 | 17.5% |
| Israel | 4.0 | 4.4 | 3.9 | 9.3 | 32.5% |
| Germany | 4.1 | 4.3 | 5.2 | 6.4 | 16.0% |
| Mexico | N/A | 0.3 | 0.4 | 5.3 | 320.3% |
| Tunisia | 3.6 | 1.7 | 0.9 | 0.9 | -37.0% |
| Sweden | 4.6 | 6.9 | N/A | N/A | 50.0% |
| Others | 6.7 | 7.4 | 8.8 | 10.2 | 15.0% |
| Total | 93.8 | 94.6 | 117 | 147 | 16.2% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Thailand in 2022:
- China (73.9K tons)
- Israel (4.0K tons)
- Mexico (2.7K tons)
- Germany (1.7K tons)
- Tunisia (0.9K tons)
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