Australia - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Triphosphate Price in Australia - 2023
Contents:
- Sodium Triphosphate Price in Australia (CIF) - 2023
- Sodium Triphosphate Price in Australia (FOB) - 2022
- Sodium Triphosphate Imports in Australia
- Sodium Triphosphate Exports in Australia
Sodium Triphosphate Price in Australia (CIF) - 2023
The average sodium triphosphate import price stood at $1,308 per ton in September 2023, therefore, remained relatively stable against the previous month. In general, the import price, however, showed a noticeable setback. The pace of growth appeared the most rapid in November 2022 an increase of 38% against the previous month. The import price peaked at $1,975 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Thailand ($2,462 per ton), while the price for the United States ($757 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 the United States (-0.3%), while the prices for the other major suppliers experienced a decline.
Sodium Triphosphate Price in Australia (FOB) - 2022
In 2022, the average sodium triphosphate export price amounted to $786 per ton, falling by -42.3% against the previous year. Over the period under review, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2018 an increase of 40%. Over the period under review, the average export prices reached the maximum at $1,985 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vanuatu ($1,355 per ton), while the average price for exports to China ($424 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.
Sodium Triphosphate Imports in Australia
In 2022, purchases abroad of sodium triphosphate (sodium tripolyphosphates) decreased by -0.7% to 7.1K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 2.8%.
In value terms, sodium triphosphate imports surged to $13M in 2022. In general, imports, however, saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sodium Triphosphate in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.0 | 3.6 | 5.3 | 8.5 | 28.6% |
| Belgium | 0.6 | 0.7 | 0.7 | 1.7 | 41.5% |
| Thailand | 0.3 | 0.4 | 0.6 | 1.1 | 54.2% |
| United States | 1.3 | 1.3 | 1.3 | 0.6 | -22.7% |
| Indonesia | 0.2 | 0.4 | 0.3 | 0.3 | 14.5% |
| Germany | N/A | N/A | N/A | 0.3 | 0% |
| Others | N/A | 0.3 | N/A | 0.3 | 0.0% |
| Total | 6.3 | 6.7 | 8.3 | 12.8 | 26.7% |
Top Suppliers of Sodium Triphosphate to Australia in 2022:
- China (4.7K tons)
- United States (0.8K tons)
- Belgium (0.7K tons)
- Thailand (0.5K tons)
- Indonesia (0.2K tons)
- Germany (0.2K tons)
Sodium Triphosphate Exports in Australia
In 2022, after two years of decline, there was significant growth in shipments abroad of sodium triphosphate (sodium tripolyphosphates), when their volume increased by 116% to 127 tons. Overall, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, sodium triphosphate exports surged to $100K in 2022. In general, exports, however, saw a deep contraction.
| Export of Sodium Triphosphate in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 18.6 | 35.2 | 45.5 | 44.9 | 34.1% |
| China | N/A | N/A | N/A | 28.5 | 0% |
| Philippines | 11.3 | 19.2 | 18.7 | 8.4 | -9.4% |
| New Zealand | 29.7 | 16.9 | 12.6 | 8.0 | -35.4% |
| Vanuatu | N/A | N/A | 0.7 | 5.8 | 728.6% |
| Fiji | N/A | N/A | N/A | 2.8 | 0% |
| Vietnam | 85.4 | N/A | 0.9 | N/A | -89.7% |
| Others | 2.7 | 8.4 | 1.9 | 1.8 | -12.6% |
| Total | 148 | 79.7 | 80.4 | 100 | -12.3% |
Top Export Markets for Sodium Triphosphate from Australia in 2022:
- China (67.1 tons)
- Papua New Guinea (38.8 tons)
- Philippines (7.2 tons)
- New Zealand (6.8 tons)
- Vanuatu (4.3 tons)
- Fiji (2.7 tons)
This report provides an in-depth analysis of the sodium triphosphate market in Australia. 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 20134270 - Sodium triphosphate (sodium tripolyphosphates)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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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