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

Contents:

1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in the UK (CIF) - 2023
2. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in the UK (FOB) - 2023
3. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in the UK
4. Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in the UK

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in the UK (CIF) - 2023

The average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $3,000 per ton in November 2023, picking up by 11% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 108% against the previous month. The import price peaked at $3,584 per ton in January 2023; however, from February 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,837 per ton), while the price for Belgium ($2,037 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 (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in the UK (FOB) - 2023

In November 2023, the average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $4,946 per ton, stabilizing at the previous month. Overall, the export price recorded a mild slump. The growth pace was the most rapid in March 2023 when the average export price increased by 66% against the previous month. As a result, the export price attained the peak level of $7,656 per ton. From April 2023 to November 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($8,668 per ton), while the average price for exports to Denmark ($1,811 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, purchases abroad of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s was finally on the rise to reach 26K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt decline.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s soared to $70M in 2022. Overall, total imports indicated prominent growth 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 +72.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (5.2K tons)
2. Russia (5.0K tons)
3. Germany (4.7K tons)
4. United States (3.2K tons)
5. Belgium (2.2K tons)
6. Thailand (1.6K tons)
7. Czech Republic (1.5K tons)
8. France (1.4K tons)
9. Spain (0.2K tons)

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

For the third consecutive year, the UK recorded decline in overseas shipments of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s, which decreased by -7.4% to 709 tons in 2022. Overall, exports faced a sharp downturn.

In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s expanded remarkably to $2.8M in 2022. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 37% against the previous year. As a result, the exports reached the peak of $7.1M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Poland (135.7 tons)
2. Ireland (78.9 tons)
3. Netherlands (72.8 tons)
4. France (52.9 tons)
5. Italy (52.3 tons)
6. Belgium (47.9 tons)
7. United Arab Emirates (45.2 tons)
8. Germany (33.1 tons)
9. Saudi Arabia (32.3 tons)
10. Portugal (31.5 tons)
11. China (27.2 tons)
12. Spain (21.5 tons)
13. Cyprus (16.5 tons)

Source: IndexBox Market Intelligence Platform