Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Canada - 2023

Contents:

  1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Canada (CIF) - 2022
  2. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Canada (FOB) - 2022
  3. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Canada
  4. Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Canada

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Canada (CIF) - 2022

In 2022, the average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $1,413 per ton, jumping by 47% against the previous year. Over the period under review, the import price, however, recorded a perceptible slump. The growth pace was the most rapid in 2015 when the average import price increased by 76% against the previous year. The import price peaked at $3,383 per ton in 2016; however, from 2017 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 Germany ($3,189 per ton), while the price for the United States ($1,176 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Canada (FOB) - 2022

The average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $1,921 per ton in 2022, picking up by 20% against the previous year. Over the period under review, the export price saw a strong increase. The pace of growth was the most pronounced in 2016 an increase of 84%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,972 per ton), while the average price for exports to Argentina stood at $935 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.6%).

Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Canada

Imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s into Canada rose slightly to 29K tons in 2022, surging by 3.6% compared with the year before. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.6% 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 +58.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 41% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s surged to $41M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14.114.520.229.728.2%
China1.71.42.54.942.3%
Germany2.52.73.54.622.5%
Others0.60.60.41.329.4%
Total19.019.226.740.628.8%

Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Canada in 2022:

  1. United States (25.2K tons)
  2. China (1.6K tons)
  3. Germany (1.5K tons)

Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Canada

In 2022, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s from Canada shrank to 16K tons, waning by -12.3% on the year before. In general, exports continue to indicate a abrupt downturn. The smallest decline of -5.9% was in 2020.

In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s rose rapidly to $31M in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States27.627.728.730.53.4%
Argentina0.40.30.10.40.0%
China0.80.2N/A0.1-50.0%
Others1.20.70.80.2-45.0%
Total30.028.929.631.21.3%

Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Canada in 2022:

  1. United States (15.4K tons)
  2. Argentina (0.4K tons)
  3. China (0.1K tons)

Source: IndexBox Market Intelligence Platform

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