Belgium - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Triphosphate Price in Belgium - 2023
Contents:
- Sodium Triphosphate Price in Belgium (FOB) - 2023
- Sodium Triphosphate Price in Belgium (CIF) - 2023
- Sodium Triphosphate Exports in Belgium
- Sodium Triphosphate Imports in Belgium
Sodium Triphosphate Price in Belgium (FOB) - 2023
In August 2023, the average sodium triphosphate export price amounted to $1,984 per ton, growing by 2.9% against the previous month. In general, the export price, however, saw a mild reduction. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 9.5% month-to-month. As a result, the export price reached the peak level of $2,493 per ton. From March 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($2,682 per ton), while the average price for exports to Jordan ($831 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.
Sodium Triphosphate Price in Belgium (CIF) - 2023
The average sodium triphosphate import price stood at $1,623 per ton in August 2023, shrinking by -23.3% against the previous month. Overall, the import price saw a pronounced descent. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 18% month-to-month. The import price peaked at $2,402 per ton in December 2022; however, from January 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($2,202 per ton), while the price for China amounted to $1,313 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.1%), while the prices for the other major suppliers experienced a decline.
Sodium Triphosphate Exports in Belgium
Sodium triphosphate exports from Belgium dropped to 56K tons in 2022, which is down by -11.4% against the previous year. Overall, exports recorded a perceptible contraction. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, the exports attained the peak of 64K tons, and then contracted in the following year.
In value terms, sodium triphosphate exports skyrocketed to $116M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sodium Triphosphate in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.6 | 11.7 | 14.7 | 22.2 | 17.7% |
| France | 6.9 | 7.0 | 7.4 | 10.4 | 14.7% |
| Spain | 5.8 | 5.1 | 6.7 | 9.9 | 19.5% |
| Germany | 5.4 | 5.7 | 8.7 | 9.4 | 20.3% |
| Netherlands | 4.3 | 3.8 | 5.0 | 7.3 | 19.3% |
| United Kingdom | 5.6 | 4.9 | 4.2 | 6.4 | 4.6% |
| Denmark | 2.1 | 2.7 | 3.9 | 4.3 | 27.0% |
| India | 2.4 | 2.2 | 2.2 | 4.2 | 20.5% |
| Italy | 1.9 | 1.7 | 2.4 | 3.9 | 27.1% |
| Poland | 2.1 | 2.2 | 2.4 | 3.8 | 21.9% |
| Brazil | 2.2 | 2.5 | 3.1 | 3.5 | 16.7% |
| Mexico | 2.3 | 2.5 | 2.2 | 3.2 | 11.6% |
| Colombia | 1.2 | 1.3 | 2.0 | 2.6 | 29.4% |
| Others | 18.5 | 16.4 | 20.0 | 24.6 | 10.0% |
| Total | 74.3 | 69.6 | 84.9 | 116 | 16.0% |
Top Export Markets for Sodium Triphosphate from Belgium in 2022:
- United States (11.5K tons)
- France (4.7K tons)
- Spain (4.3K tons)
- Germany (4.2K tons)
- United Kingdom (3.6K tons)
- Netherlands (3.2K tons)
- Denmark (2.2K tons)
- Poland (2.0K tons)
- India (1.9K tons)
- Brazil (1.8K tons)
- Italy (1.8K tons)
- Mexico (1.5K tons)
- Colombia (1.1K tons)
Sodium Triphosphate Imports in Belgium
For the third consecutive year, Belgium recorded decline in overseas purchases of sodium triphosphate (sodium tripolyphosphates), which decreased by -7.3% to 2.2K tons in 2022. In general, imports saw a abrupt setback. The smallest decline of -7.1% was in 2020.
In value terms, sodium triphosphate imports soared to $4.6M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sodium Triphosphate in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,285 | 837 | 1,017 | 1,792 | 11.7% |
| Netherlands | 1,278 | 1,456 | 960 | 1,275 | -0.1% |
| Germany | 94.6 | 112 | 167 | 476 | 71.4% |
| Russia | 139 | N/A | 222 | 281 | 26.4% |
| Czech Republic | 144 | 152 | 135 | 250 | 20.2% |
| Greece | 75.9 | N/A | 170 | 207 | 39.7% |
| France | 70.0 | 64.4 | 126 | 187 | 38.8% |
| Others | 274 | 602 | 283 | 146 | -18.9% |
| Total | 3,361 | 3,223 | 3,080 | 4,613 | 11.1% |
Top Suppliers of Sodium Triphosphate to Belgium in 2022:
- China (784.1 tons)
- Netherlands (633.7 tons)
- Germany (239.6 tons)
- Russia (198.1 tons)
- Greece (119.4 tons)
- Czech Republic (114.4 tons)
- France (61.0 tons)
This report provides an in-depth analysis of the sodium triphosphate market in Belgium. 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:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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
-
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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