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

Contents:

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

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

The average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $2,584 per ton in 2022, with an increase of 24% against the previous year. Overall, the import price saw a buoyant increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 161% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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 Spain ($6,049 per ton), while the price for Poland ($1,516 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $3,588 per ton in 2022, picking up by 121% against the previous year. Overall, the export price enjoyed a tangible increase. Over the period under review, the average export prices reached the peak figure at $4,108 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Faroe Islands ($3,873 per ton) and Sweden ($3,767 per ton), while the average price for exports to Iceland ($3,193 per ton) and France ($3,334 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greenland (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

After two years of decline, purchases abroad of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s increased by 29% to 1.5K tons in 2022. In general, imports, however, saw a dramatic contraction.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s skyrocketed to $4M in 2022. Overall, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (746.6 tons)
2. Poland (413.7 tons)
3. China (148.5 tons)
4. Sweden (80.5 tons)
5. Belgium (45.6 tons)
6. Spain (32.4 tons)
7. Czech Republic (19.9 tons)

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

In 2022, overseas shipments of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s decreased by -48.1% to 318 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. As a result, the exports reached the peak of 613 tons, and then dropped remarkably in the following year.

In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s expanded remarkably to $1.1M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.7% 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 +102.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 77%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

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

1. Norway (180.6 tons)
2. Sweden (70.0 tons)
3. Iceland (33.7 tons)
4. Greenland (11.4 tons)
5. Finland (9.4 tons)
6. France (7.1 tons)

Source: IndexBox Market Intelligence Platform