Price for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in India - 2023

Contents:

  1. Price for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in India (FOB) - 2022
  2. Price for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in India (CIF) - 2023
  3. Exports of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in India
  4. Imports of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in India

Price for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in India (FOB) - 2022

The average export price for sulphides of non-metals; commercial phosphorus trisulphides stood at $3,760 per ton in 2022, increasing by 159% against the previous year. Over the period under review, the export price showed tangible growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($3,828 per ton), while the average price for exports to Latvia ($1,681 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+52.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in India (CIF) - 2023

In October 2023, the average import price for sulphides of non-metals; commercial phosphorus trisulphides amounted to $706 per ton, approximately mirroring the previous month. Overall, the import price continues to indicate a pronounced contraction. The pace of growth was the most pronounced in December 2022 when the average import price increased by 160% against the previous month. As a result, import price reached the peak level of $2,125 per ton. From January 2023 to October 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Thailand ($729 per ton), while the price for Japan amounted to $677 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (0.0%), while the prices for the other major suppliers experienced a decline.

Exports of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in India

For the third year in a row, India recorded decline in shipments abroad of sulphides of non-metals; commercial phosphorus trisulphides, which decreased by -26% to 1.5K tons in 2022. In general, exports recorded a sharp slump.

In value terms, exports of sulphides of non-metals; commercial phosphorus trisulphides surged to $5.8M in 2022. Over the period under review, exports showed a deep reduction.

Export of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.20.30.42.6135.1%
South Africa2.01.11.11.5-9.1%
Latvia1.90.80.50.5-35.9%
BelarusN/A0.1N/A0.10.0%
Singapore0.3N/AN/AN/A0%
Indonesia5.61.80.7N/A-64.6%
Others1.20.70.31.0-5.9%
Total11.34.83.05.8-19.9%

Top Export Markets for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide from India in 2022:

  1. Russia (710.9 tons)
  2. South Africa (452.4 tons)
  3. Latvia (317.1 tons)
  4. Belarus (35.2 tons)

Imports of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in India

In 2022, the amount of sulphides of non-metals; commercial phosphorus trisulphides imported into India skyrocketed to 2.2K tons, picking up by 26% on 2021 figures. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 712%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of sulphides of non-metals; commercial phosphorus trisulphides fell modestly to $2.3M in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 667%. As a result, imports attained the peak of $2.3M, and then reduced slightly in the following year.

Import of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/AN/A3261,204269.3%
IsraelN/AN/AN/A3820%
NetherlandsN/AN/AN/A2830%
JapanN/AN/AN/A2180%
RussiaN/AN/AN/A1580%
Germany1741091240.6-84.9%
China46.21891,861N/A534.7%
Taiwan (Chinese)328N/AN/AN/A0%
Others9.73.42.634.352.3%
Total5573022,3142,28060.0%

Top Suppliers of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide to India in 2022:

  1. Thailand (1285.5 tons)
  2. Israel (317.6 tons)
  3. Japan (311.9 tons)
  4. Russia (159.0 tons)
  5. Netherlands (146.1 tons)
  6. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform

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