Ireland - Phosphates Of Mono- Or Di-Sodium - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Ireland - Phosphates Of Mono- Or Di-Sodium - Market Analysis, Forecast, Size, Trends And Insights

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Sodium Phosphates Price in Ireland - 2023

Contents:

  1. Sodium Phosphates Price in Ireland (CIF) - 2023
  2. Sodium Phosphates Price in Ireland (FOB) - 2022
  3. Sodium Phosphates Imports in Ireland
  4. Sodium Phosphates Exports in Ireland

Sodium Phosphates Price in Ireland (CIF) - 2023

In August 2023, the average sodium phosphates import price amounted to $5,431 per ton, increasing by 39% against the previous month. Overall, import price indicated mild growth from August 2022 to August 2023: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, sodium phosphates import price decreased by -18.6% against May 2023 indices. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 53% against the previous month. As a result, import price attained the peak level of $6,876 per ton. From December 2022 to August 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Belgium ($38,124 per ton), while the price for the UK ($2,499 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Sodium Phosphates Price in Ireland (FOB) - 2022

The average sodium phosphates export price stood at $4,424 per ton in 2022, waning by -49.1% against the previous year. Overall, the export price, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices attained the peak figure at $11,193 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($4,360 per ton), while the average price for exports to Singapore ($3,467 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 Finland (+30.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sodium Phosphates Imports in Ireland

After three years of growth, overseas purchases of phosphates of mono- or di-sodium decreased by -5.9% to 1.5K tons in 2022. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. As a result, imports reached the peak of 1.6K tons, and then contracted in the following year.

In value terms, sodium phosphates imports surged to $8.4M in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 33%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Sodium Phosphates in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.12.13.53.518.6%
United States1.81.61.73.221.1%
BelgiumN/A0.70.90.913.4%
France0.10.10.10.226.0%
United Kingdom0.20.20.10.20.0%
Others0.10.20.20.344.2%
Total4.34.86.48.425.0%

Top Suppliers of Sodium Phosphates to Ireland in 2022:

  1. Germany (842.1 tons)
  2. United States (291.9 tons)
  3. Belgium (214.1 tons)
  4. France (60.9 tons)
  5. United Kingdom (47.1 tons)

Sodium Phosphates Exports in Ireland

In 2022, after two years of decline, there was significant growth in shipments abroad of phosphates of mono- or di-sodium, when their volume increased by 18% to 8 tons. Overall, exports, however, saw a significant contraction.

In value terms, sodium phosphates exports fell rapidly to $35K in 2022. In general, exports, however, recorded a sharp contraction. The smallest decline of -37.5% was in 2021.

Export of Sodium Phosphates in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1.90.518.128.6146.9%
Singapore0.91.51.53.252.6%
China2.31.52.51.1-21.8%
United States14.823.618.80.5-67.7%
Norway25.623.89.2N/A-40.1%
Sweden14542.75.2N/A-81.1%
Denmark8.7N/A2.3N/A-48.6%
Others19.10.71.41.9-53.7%
Total21894.258.935.3-45.5%

Top Export Markets for Sodium Phosphates from Ireland in 2022:

  1. United Kingdom (6.6 tons)
  2. Singapore (0.9 tons)
  3. China (0.3 tons)
  4. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sodium phosphates market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20134230 - Phosphates of mono- or di-sodium

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ireland
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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