Sodium Phosphates Market
Sodium phosphates market: download the most recent data powered by an Ai-driven market research tool. Info cover exports, imports, companies, consumption, trade, production, market size, and market prices. Here is a breakdown by region, including the U.S., Africa, the Middle East, Latin America, China, the U.K., Russia, and EU. Market trends and forecast to 2030 are also provided in the reports.
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Sodium Phosphates - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | United States |
| 2 | China |
| 3 | France |
| 4 | Poland |
| 5 | Belgium |
In value terms, the largest sodium phosphates markets worldwide were the United States, China and France, with a combined 20% share of the global market. These countries were followed by Poland, Belgium, Thailand, Israel, India, Germany, Kenya, Mexico, the Philippines and Morocco, which together accounted for a further 33%.
Belgium (+92.5% per year) saw the highest growth rate of market size, among the main consuming countries over the period under review, while sodium phosphates market for the other global leaders experienced more modest paces of growth.
Sodium Phosphates Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Sweden | 926 | 1060 | 869 | -3.1% |
| China | 1303 | 1097 | 1111 | -7.7% |
| Jordan | 1553 | 1162 | 1124 | -14.9% |
| Thailand | 1429 | 1438 | 1356 | -2.6% |
| France | 1876 | 1835 | 1779 | -2.6% |
| United States | 2281 | 2356 | 2092 | -4.2% |
| Germany | 3029 | 3174 | 3688 | 10.3% |
| Average | 1742 | 1735 | 1756 | 0.4% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($3,688 per ton), while Sweden ($869 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Belgium | 3203 | 2997 | 3195 | -0.1% |
| India | 2961 | 2097 | 2460 | -8.9% |
| Italy | 2356 | 2259 | 2454 | 2.1% |
| Canada | 1865 | 1960 | 2345 | 12.1% |
| Netherlands | 2143 | 2093 | 2136 | -0.2% |
| Germany | 1837 | 1863 | 2031 | 5.1% |
| United States | 1813 | 2100 | 1945 | 3.6% |
| Indonesia | 1818 | 1736 | 1669 | -4.2% |
| Kenya | 1312 | 1336 | 1337 | 0.9% |
| Mexico | 1877 | 1775 | 1322 | -16.1% |
| Philippines | 1354 | 1132 | 1275 | -3.0% |
| Thailand | 976 | 931 | 926 | -2.6% |
| Poland | 1299 | 1215 | 767 | -23.2% |
| Average | 1765 | 1791 | 1818 | 1.5% |
Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($3,195 per ton), while Poland ($767 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.
Sodium Phosphates - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 20 | 22 | 22 | 4.2% |
| Thailand | 11 | 11 | 10 | -1.9% |
| India | 3.6 | 4.3 | 6.4 | 34.3% |
| Belgium | 3.9 | 3.7 | 5.8 | 21.6% |
| Poland | 1.9 | 2 | 5.2 | 66.3% |
In value terms, the United States ($22M) constitutes the largest market for imported phosphates of mono- or di-sodium worldwide, comprising 15% of global imports. The second position in the ranking was occupied by Thailand ($10M), with a 6.8% share of global imports. It was followed by India, with a 4.3% share.
In the United States, sodium phosphates imports increased at an average annual rate of +4.2% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (-1.9% per year) and India (+34.3% per year).
Sodium Phosphates - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Germany | 39 | 40 | 42 | 3.3% |
| China | 33 | 25 | 22 | -18.4% |
| Sweden | 11 | 11 | 12 | 4.8% |
| United States | 7.8 | 8.1 | 10 | 13.6% |
| France | 9.3 | 11 | 8.7 | -3.7% |
In value terms, Germany ($42M), China ($22M) and Sweden ($12M) constituted the countries with the highest levels of exports in 2020, together comprising 60% of global exports. The United States, France, Thailand and Jordan lagged somewhat behind, together accounting for a further 21%.
In terms of the main exporting countries, Jordan (+172.5% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Sodium Phosphates - Market Forecast
The sodium phosphates market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.3% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Sodium Phosphates - Product Coverage
- HS 283522 - Phosphates; of mono- or disodium, whether or not chemically defined
This report provides an in-depth analysis of the global sodium phosphates market.
This report provides an in-depth analysis of the sodium phosphates market in Latin America and the Caribbean.
This report provides an in-depth analysis of the sodium phosphates market in Eastern Asia.
This report provides an in-depth analysis of the sodium phosphates market in Africa.
This report provides an in-depth analysis of the sodium phosphates market in Central Asia.
This report provides an in-depth analysis of the sodium phosphates market in Australia and Oceania.
This report provides an in-depth analysis of the sodium phosphates market in South-Eastern Asia.
This report provides an in-depth analysis of the sodium phosphates market in Southern Asia.
This report provides an in-depth analysis of the sodium phosphates market in the Middle East.
This report provides an in-depth analysis of the sodium phosphates market in Northern America.
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