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

Contents:

  1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Nepal (CIF) - 2022
  2. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Nepal

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

In 2022, the average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $2,244 per ton, with an increase of 56% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s increased by +54.0% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,052 per ton), while the price for India stood at $2,121 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+136.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, purchases abroad of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s decreased by -34.2% to 15 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a slight decline. The most prominent rate of growth was recorded in 2020 with an increase of 67% against the previous year. As a result, imports reached the peak of 26 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s expanded modestly to $34K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 63% against the previous year. As a result, imports attained the peak of $37K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5.37.73.428.074.2%
China1.02.43.16.182.7%
Thailand14.627.226.6N/A35.0%
Others2.0N/AN/AN/A0%
Total22.837.233.134.114.4%

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

  1. India (13.2 tons)
  2. China (2.0 tons)

Source: IndexBox Market Intelligence Platform

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