Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in the United States - 2023
Contents:
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in the United States (CIF) - 2023
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in the United States (FOB) - 2023
- Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in the United States
- Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in the United States
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in the United States (CIF) - 2023
The average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $2,373 per ton in December 2023, standing approximately at the previous month. Overall, the import price, however, continues to indicate a mild slump. The pace of growth appeared the most rapid in March 2023 an increase of 11% m-o-m. As a result, import price reached the peak level of $2,908 per ton. From April 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($3,954 per ton), while the price for Canada ($2,024 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Canada (+1.4%), while the prices for the other major suppliers experienced a decline.
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in the United States (FOB) - 2023
The average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $1,483 per ton in December 2023, with an increase of 15% against the previous month. Overall, the export price, however, showed a perceptible downturn. The pace of growth was the most pronounced in June 2023 an increase of 86% m-o-m. Over the period under review, the average export prices reached the peak figure at $2,557 per ton in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was China ($6,199 per ton), while the average price for exports to the UK ($848 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in the United States
In 2022, the amount of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s imported into the United States expanded remarkably to 48K tons, with an increase of 7.7% on the previous year's figure. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 11%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s surged to $120M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +73.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 27.4 | 27.3 | 28.3 | 29.7 | 2.7% |
| Germany | 17.7 | 13.2 | 18.6 | 23.4 | 9.8% |
| Thailand | 10.1 | 8.2 | 10.3 | 19.1 | 23.7% |
| China | 5.7 | 5.0 | 5.1 | 17.6 | 45.6% |
| Mexico | 6.0 | 4.4 | 7.2 | 13.8 | 32.0% |
| Kazakhstan | 3.1 | 2.8 | 3.9 | 5.3 | 19.6% |
| France | 4.7 | 4.4 | 5.0 | 5.2 | 3.4% |
| Others | 2.7 | 3.7 | 2.8 | 5.5 | 26.8% |
| Total | 77.4 | 68.9 | 81.2 | 120 | 15.7% |
Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to the United States in 2022:
- Canada (15.3K tons)
- Germany (7.9K tons)
- Thailand (7.6K tons)
- China (5.4K tons)
- Mexico (5.2K tons)
- Kazakhstan (3.7K tons)
- France (1.3K tons)
Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in the United States
In 2022, approx. 64K tons of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s were exported from the United States; growing by 19% on the year before. The total export volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s skyrocketed to $106M in 2022. Overall, exports recorded a buoyant expansion. 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 16.0 | 16.8 | 23.2 | 33.6 | 28.1% |
| Mexico | 17.8 | 16.1 | 17.4 | 30.8 | 20.1% |
| Germany | 4.9 | 4.6 | 4.7 | 5.4 | 3.3% |
| France | 0.7 | 1.1 | 1.7 | 5.0 | 92.6% |
| Brazil | 2.1 | 2.0 | 1.9 | 4.8 | 31.7% |
| Singapore | 1.5 | 2.6 | 2.2 | 4.6 | 45.3% |
| China | 2.0 | 2.5 | 3.5 | 4.5 | 31.0% |
| United Kingdom | 2.2 | 2.4 | 2.2 | 2.7 | 7.1% |
| Belgium | 5.2 | 2.3 | 0.8 | 1.3 | -37.0% |
| Australia | 1.3 | 1.1 | 1.0 | 0.8 | -14.9% |
| Others | 9.7 | 8.7 | 8.3 | 12.6 | 9.1% |
| Total | 63.5 | 60.1 | 66.9 | 106 | 18.6% |
Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from the United States in 2022:
- Canada (27.5K tons)
- Mexico (18.7K tons)
- France (2.6K tons)
- Brazil (2.4K tons)
- Germany (2.3K tons)
- United Kingdom (2.2K tons)
- Singapore (1.2K tons)
- China (1.2K tons)
- Australia (1.0K tons)
- Belgium (0.6K tons)
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