Spain - Phosphates Of Mono- Or Di-Sodium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Phosphates Price in Spain - 2023
Contents:
- Sodium Phosphates Price in Spain (CIF) - 2022
- Sodium Phosphates Price in Spain (FOB) - 2022
- Sodium Phosphates Imports in Spain
- Sodium Phosphates Exports in Spain
Sodium Phosphates Price in Spain (CIF) - 2022
In 2022, the average sodium phosphates import price amounted to $4,182 per ton, jumping by 65% against the previous year. In general, the import price continues to indicate prominent growth. The pace of growth was the most pronounced in 2018 an increase of 77% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($5,915 per ton), while the price for Morocco ($1,539 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+33.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Sodium Phosphates Price in Spain (FOB) - 2022
The average sodium phosphates export price stood at $3,495 per ton in 2022, rising by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The export price peaked at $3,599 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($9,317 per ton), while the average price for exports to the United Arab Emirates ($1,574 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 Ghana (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Sodium Phosphates Imports in Spain
In 2022, overseas purchases of phosphates of mono- or di-sodium were finally on the rise to reach 1.4K tons after two years of decline. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, sodium phosphates imports soared to $6M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sodium Phosphates in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,277 | 1,227 | 1,418 | 2,667 | 27.8% |
| Belgium | 552 | 685 | 840 | 1,494 | 39.4% |
| China | 330 | 168 | 142 | 360 | 2.9% |
| India | 11.4 | N/A | 60.1 | 333 | 208.0% |
| Switzerland | 4.5 | 0.3 | 77.1 | 264 | 288.6% |
| Thailand | 92.6 | 89.2 | 172 | 185 | 25.9% |
| Italy | 16.2 | 68.8 | 54.1 | 59.2 | 54.0% |
| Portugal | N/A | 25.0 | 22.8 | N/A | -8.8% |
| Others | 366 | 528 | 593 | 600 | 17.9% |
| Total | 2,649 | 2,792 | 3,379 | 5,961 | 31.0% |
Top Suppliers of Sodium Phosphates to Spain in 2022:
- Germany (573.1 tons)
- Belgium (436.7 tons)
- China (156.2 tons)
- Switzerland (63.7 tons)
- Thailand (60.1 tons)
- India (56.3 tons)
- Italy (31.8 tons)
Sodium Phosphates Exports in Spain
In 2022, approx. 594 tons of phosphates of mono- or di-sodium were exported from Spain; growing by 13% on the previous year. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 23%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, sodium phosphates exports surged to $2.1M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sodium Phosphates in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 174 | 177 | 149 | 291 | 18.7% |
| Portugal | 60.1 | 38.6 | 87.2 | 201 | 49.5% |
| Morocco | 34.1 | 34.8 | 162 | 201 | 80.6% |
| Russia | 79.0 | 114 | 114 | 127 | 17.1% |
| France | 17.3 | 21.6 | 25.3 | 117 | 89.1% |
| Italy | 80.7 | 54.0 | 43.9 | 98.2 | 6.8% |
| Senegal | 2.3 | 45.5 | 45.9 | 93.9 | 244.3% |
| Algeria | 45.3 | 58.8 | 73.3 | 82.3 | 22.0% |
| United Arab Emirates | 0.2 | 33.3 | 94.4 | 79.9 | 636.5% |
| Belgium | 89.9 | 106 | 109 | 60.9 | -12.2% |
| Ghana | 33.6 | 33.0 | 31.7 | 51.5 | 15.3% |
| Cuba | 57.0 | 60.8 | 109 | 0.7 | -76.9% |
| China | 21.3 | 62.5 | 0.9 | N/A | -79.4% |
| Others | 480 | 428 | 522 | 671 | 11.8% |
| Total | 1,175 | 1,266 | 1,568 | 2,076 | 20.9% |
Top Export Markets for Sodium Phosphates from Spain in 2022:
- Tunisia (146.9 tons)
- Morocco (101.3 tons)
- Portugal (56.4 tons)
- United Arab Emirates (50.8 tons)
- Senegal (49.3 tons)
- Algeria (39.1 tons)
- Italy (29.6 tons)
- Ghana (19.9 tons)
- France (18.3 tons)
- Russia (13.7 tons)
- Belgium (4.8 tons)
- Cuba (0.1 tons)
This report provides an in-depth analysis of the sodium phosphates market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
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