Canada - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Triphosphate Price in Canada - 2023
Contents:
- Sodium Triphosphate Price in Canada (FOB) - 2023
- Sodium Triphosphate Price in Canada (CIF) - 2023
- Sodium Triphosphate Exports in Canada
- Sodium Triphosphate Imports in Canada
Sodium Triphosphate Price in Canada (FOB) - 2023
In September 2023, the average sodium triphosphate export price amounted to $1,366 per ton, shrinking by -9.8% against the previous month. In general, the export price showed a mild curtailment. The most prominent rate of growth was recorded in November 2022 an increase of 23% month-to-month. The export price peaked at $1,707 per ton in January 2023; however, from February 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1,866 per ton), while the average price for exports to Chile ($775 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 Colombia (-0.1%), while the prices for the other major destinations experienced a decline.
Sodium Triphosphate Price in Canada (CIF) - 2023
In September 2023, the average sodium triphosphate import price amounted to $2,752 per ton, dropping by -9.6% against the previous month. Overall, the import price recorded a mild shrinkage. The pace of growth was the most pronounced in November 2022 an increase of 24% against the previous month. As a result, import price attained the peak level of $3,608 per ton. From December 2022 to September 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Germany ($3,423 per ton) and Iceland ($3,201 per ton), while the price for China ($2,469 per ton) and Thailand ($2,771 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Sodium Triphosphate Exports in Canada
Sodium triphosphate exports from Canada rose markedly to 34K tons in 2022, increasing by 14% on the previous year's figure. The total export volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, sodium triphosphate exports surged to $52M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +47.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sodium Triphosphate in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 32.1 | 31.0 | 33.9 | 45.6 | 12.4% |
| China | 1.5 | 1.6 | 1.9 | 2.4 | 17.0% |
| Colombia | 1.2 | 1.2 | 1.0 | 1.5 | 7.7% |
| Chile | 0.7 | 0.6 | 0.5 | 0.8 | 4.6% |
| Japan | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
| Ecuador | 0.1 | 0.3 | 0.3 | 0.4 | 58.7% |
| Others | 0.6 | 0.6 | 0.7 | 1.2 | 26.0% |
| Total | 36.3 | 35.5 | 38.4 | 52.3 | 12.9% |
Top Export Markets for Sodium Triphosphate from Canada in 2022:
- United States (25.2K tons)
- China (3.0K tons)
- Colombia (1.8K tons)
- Chile (1.0K tons)
- Japan (0.5K tons)
- Ecuador (0.5K tons)
Sodium Triphosphate Imports in Canada
In 2022, approx. 5.4K tons of sodium triphosphate (sodium tripolyphosphates) were imported into Canada; with an increase of 39% against 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sodium triphosphate imports skyrocketed to $15M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sodium Triphosphate in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 415 | 579 | 572 | 4,597 | 122.9% |
| China | 2,231 | 1,837 | 2,295 | 2,815 | 8.1% |
| United States | 2,861 | 1,676 | 1,297 | 2,644 | -2.6% |
| Thailand | 121 | 209 | 265 | 1,036 | 104.6% |
| Poland | 392 | 315 | 498 | 957 | 34.7% |
| Iceland | 815 | 433 | 860 | 834 | 0.8% |
| Germany | 285 | 302 | 389 | 534 | 23.3% |
| Belgium | 337 | 352 | 308 | 486 | 13.0% |
| Mexico | 74.8 | 40.1 | 203 | 435 | 79.8% |
| Others | 253 | 82.3 | 88.0 | 301 | 6.0% |
| Total | 7,784 | 5,826 | 6,774 | 14,640 | 23.4% |
Top Suppliers of Sodium Triphosphate to Canada in 2022:
- Czech Republic (1560.3 tons)
- China (1084.5 tons)
- United States (841.4 tons)
- Poland (668.6 tons)
- Thailand (297.8 tons)
- Iceland (278.5 tons)
- Mexico (187.1 tons)
- Belgium (175.8 tons)
- Germany (174.4 tons)
This report provides an in-depth analysis of the sodium triphosphate market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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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