Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Italy - 2023
Contents:
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Italy (CIF) - 2022
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Italy (FOB) - 2023
- Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Italy
- Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Italy
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Italy (CIF) - 2022
The average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $2,463 per ton in 2022, picking up by 53% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. As a result, import price reached 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 Germany ($3,408 per ton), while the price for Thailand ($947 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Italy (FOB) - 2023
In October 2023, the average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $3,023 per ton, dropping by -39.3% against the previous month. Overall, the export price recorded a noticeable shrinkage. The pace of growth appeared the most rapid in August 2023 when the average export price increased by 32% against the previous month. The export price peaked at $6,456 per ton in May 2023; however, from June 2023 to October 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In October 2023, the highest price was recorded for prices to the United States ($3,546 per ton) and Albania ($3,382 per ton), while the average price for exports to Panama ($2,616 per ton) and Brazil ($2,679 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Italy
In 2022, overseas purchases of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s decreased by -16.8% to 19K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of 23K tons, and then fell markedly in the following year.
In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s surged to $47M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.9% 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 +55.5% against 2019 indices. 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 Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.9 | 9.8 | 13.8 | 15.7 | 16.6% |
| Germany | 10.9 | 12.5 | 10.3 | 14.4 | 9.7% |
| France | 2.9 | 3.0 | 4.5 | 4.7 | 17.5% |
| Czech Republic | 2.1 | 1.6 | 2.0 | 2.9 | 11.4% |
| Belgium | 1.5 | 2.2 | 1.8 | 2.9 | 24.6% |
| Poland | 0.3 | 0.6 | 1.0 | 2.1 | 91.3% |
| Thailand | 0.1 | 0.3 | 0.3 | 0.7 | 91.3% |
| Austria | 0.5 | 0.5 | 0.4 | 0.5 | 0.0% |
| Russia | 0.6 | 0.7 | N/A | N/A | 16.7% |
| Others | 1.7 | 2.7 | 3.0 | 3.3 | 24.7% |
| Total | 30.4 | 33.9 | 37.1 | 47.3 | 15.9% |
Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Italy in 2022:
- China (5.6K tons)
- Germany (4.2K tons)
- Czech Republic (2.3K tons)
- Poland (1.9K tons)
- France (1.7K tons)
- Belgium (1.3K tons)
- Thailand (0.8K tons)
- Austria (0.6K tons)
Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Italy
In 2022, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s from Italy fell remarkably to 2.5K tons, waning by -28.4% compared with 2021 figures. Overall, exports showed a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, the exports reached the peak of 3.5K tons, and then dropped rapidly in the following year.
In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s rose rapidly to $11M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +49.9% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 23% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 3,443 | 4,448 | 6,323 | 6,516 | 23.7% |
| Vietnam | 177 | 297 | 242 | 603 | 50.5% |
| Turkey | 200 | 157 | 283 | 429 | 29.0% |
| Portugal | 51.2 | 59.4 | 129 | 337 | 87.4% |
| Germany | 320 | 324 | 256 | 329 | 0.9% |
| United Kingdom | 330 | 261 | 204 | 310 | -2.1% |
| France | 184 | 323 | 316 | 285 | 15.7% |
| Romania | 234 | 225 | 295 | 239 | 0.7% |
| Luxembourg | 6.3 | 8.4 | 44.3 | 161 | 194.6% |
| Spain | 181 | 108 | 191 | 127 | -11.1% |
| Dominican Republic | 41.2 | 97.2 | 88.0 | 125 | 44.8% |
| Albania | 21.3 | 21.7 | 22.3 | 78.0 | 54.1% |
| United States | 21.5 | 12.9 | 75.5 | 71.9 | 49.5% |
| Others | 2,198 | 2,019 | 1,822 | 1,494 | -12.1% |
| Total | 7,409 | 8,362 | 10,289 | 11,104 | 14.4% |
Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Italy in 2022:
- Poland (824.1 tons)
- Vietnam (231.1 tons)
- Germany (200.8 tons)
- Luxembourg (165.8 tons)
- United Kingdom (149.7 tons)
- Turkey (119.4 tons)
- Portugal (104.9 tons)
- Romania (97.2 tons)
- France (68.4 tons)
- Dominican Republic (54.9 tons)
- United States (46.8 tons)
- Albania (39.3 tons)
- Spain (38.9 tons)
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