U.S. - Phosphates Of Mono- Or Di-Sodium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Phosphates Price in the United States - 2023
Contents:
- Sodium Phosphates Price in the United States (CIF) - 2023
- Sodium Phosphates Price in the United States (FOB) - 2023
- Sodium Phosphates Imports in the United States
- Sodium Phosphates Exports in the United States
Sodium Phosphates Price in the United States (CIF) - 2023
In September 2023, the average sodium phosphates import price amounted to $2,669 per ton, reducing by -3.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in October 2022 an increase of 15% m-o-m. The import price peaked at $2,863 per ton in February 2023; however, from March 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($7,533 per ton), while the price for China ($1,747 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Mexico (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sodium Phosphates Price in the United States (FOB) - 2023
In September 2023, the average sodium phosphates export price amounted to $2,972 per ton, increasing by 24% against the previous month. Over the period under review, export price indicated a noticeable increase from September 2022 to September 2023: its price increased at an average monthly rate of +3.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, sodium phosphates export price decreased by -5.1% against July 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 48% against the previous month. The export price peaked at $3,879 per ton in November 2022; however, from December 2022 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was South Korea ($19,853 per ton), while the average price for exports to China ($1,250 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sodium Phosphates Imports in the United States
In 2022, the amount of phosphates of mono- or di-sodium imported into the United States rose sharply to 15K tons, picking up by 10% against 2021 figures. The total import volume increased at an average annual rate of +11.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, sodium phosphates imports surged to $37M in 2022. Overall, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sodium Phosphates in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.1 | 5.2 | 6.5 | 9.2 | 14.7% |
| Mexico | 2.1 | 2.8 | 4.1 | 8.7 | 60.6% |
| Germany | 5.8 | 6.0 | 7.6 | 8.2 | 12.2% |
| France | 2.5 | 2.1 | 2.3 | 2.9 | 5.1% |
| Thailand | 0.1 | 0.6 | 0.6 | 2.4 | 188.4% |
| Canada | 0.2 | 0.3 | 0.5 | 0.8 | 58.7% |
| Poland | 0.3 | N/A | 0.3 | 0.8 | 38.7% |
| India | 0.8 | 0.4 | 0.5 | 0.8 | 0.0% |
| Sweden | 0.9 | 0.7 | N/A | N/A | -22.2% |
| Others | 3.1 | 2.0 | 1.8 | 3.0 | -1.1% |
| Total | 22.0 | 20.2 | 24.2 | 36.8 | 18.7% |
Top Suppliers of Sodium Phosphates to the United States in 2022:
- Sweden (undefinedK tons)
- Mexico (5.3K tons)
- China (4.1K tons)
- Germany (2.2K tons)
- France (1.0K tons)
- Thailand (0.9K tons)
- Canada (0.3K tons)
- Poland (0.3K tons)
- India (0.2K tons)
Sodium Phosphates Exports in the United States
In 2022, approx. 6.6K tons of phosphates of mono- or di-sodium were exported from the United States; jumping by 33% against 2021. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.4% 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 +92.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, sodium phosphates exports surged to $17M in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sodium Phosphates in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 2.7 | 3.7 | 4.0 | 7.0 | 37.4% |
| Mexico | 1.7 | 1.7 | 1.2 | 3.0 | 20.8% |
| South Korea | 0.7 | 0.7 | 0.4 | 1.3 | 22.9% |
| Belgium | 0.6 | 0.7 | 1.0 | 1.0 | 18.6% |
| Singapore | 0.3 | 0.4 | 1.5 | 0.6 | 26.0% |
| Ireland | 0.5 | 1.0 | 0.7 | 0.4 | -7.2% |
| United Kingdom | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Others | 1.5 | 1.7 | 2.2 | 2.9 | 24.6% |
| Total | 8.1 | 10.1 | 11.3 | 16.6 | 27.0% |
Top Export Markets for Sodium Phosphates from the United States in 2022:
- Canada (3149.4 tons)
- Mexico (1654.5 tons)
- South Korea (290.2 tons)
- Singapore (289.7 tons)
- Ireland (239.1 tons)
- United Kingdom (125.9 tons)
- Belgium (122.5 tons)
This report provides an in-depth analysis of the sodium phosphates market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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, sodium phosphates imports skyrocketed to $3.7M in April 2023.
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In July 2022, the dicalcium phosphate price per ton amounted to $4,152, declining by -10.8% against the previous month.
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In February 2023, the price of sodium triphosphate remained steady at $2,221 per ton (CIF, US) compared to the preceding month.
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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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In value terms, sodium phosphates imports skyrocketed to $3.7M in April 2023.
1146
In July 2022, the dicalcium phosphate price per ton amounted to $4,152, declining by -10.8% against the previous month.
367
In February 2023, the price of sodium triphosphate remained steady at $2,221 per ton (CIF, US) compared to the preceding month.
806
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...
1237
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...
