India - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Triphosphate Price in India - 2023
Contents:
- Sodium Triphosphate Price in India (CIF) - 2023
- Sodium Triphosphate Price in India (FOB) - 2022
- Sodium Triphosphate Imports in India
- Sodium Triphosphate Exports in India
Sodium Triphosphate Price in India (CIF) - 2023
In September 2023, the average sodium triphosphate import price amounted to $1,173 per ton, almost unchanged from the previous month. Overall, the import price showed a slight downturn. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 71% m-o-m. As a result, import price reached the peak level of $2,508 per ton. From November 2022 to September 2023, the average 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 Belgium ($2,733 per ton), while the price for Russia ($975 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 Arab Emirates (+0.9%), while the prices for the other major suppliers experienced a decline.
Sodium Triphosphate Price in India (FOB) - 2022
In 2022, the average sodium triphosphate export price amounted to $914 per ton, shrinking by -23.1% against the previous year. Overall, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 27% against the previous year. The export price peaked at $1,712 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($3,749 per ton), while the average price for exports to Myanmar ($107 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 Nigeria (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.
Sodium Triphosphate Imports in India
In 2022, overseas purchases of sodium triphosphate (sodium tripolyphosphates) decreased by -6.9% to 46K tons, falling for the second year in a row after two years of growth. Overall, imports saw a noticeable contraction. The growth pace was the most rapid in 2020 when imports increased by 36%. As a result, imports attained the peak of 72K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, sodium triphosphate imports surged to $60M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sodium Triphosphate in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 8.1 | 7.1 | 19.9 | 99.7% |
| Russia | 20.9 | 26.4 | 21.7 | 15.5 | -9.5% |
| Tunisia | 8.9 | 11.0 | 2.2 | 10.9 | 7.0% |
| Thailand | 3.8 | 3.9 | 5.0 | 6.6 | 20.2% |
| Belgium | 4.7 | 3.7 | 3.7 | 5.6 | 6.0% |
| Others | 3.3 | 2.8 | 1.7 | 1.5 | -23.1% |
| Total | 44.1 | 56.1 | 41.3 | 60.0 | 10.8% |
Top Suppliers of Sodium Triphosphate to India in 2022:
- China (16.0K tons)
- Russia (14.6K tons)
- Tunisia (8.4K tons)
- Thailand (3.6K tons)
- Belgium (2.3K tons)
Sodium Triphosphate Exports in India
In 2022, the amount of sodium triphosphate (sodium tripolyphosphates) exported from India soared to 1.2K tons, with an increase of 141% on the previous year. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 149% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, sodium triphosphate exports surged to $1.1M in 2022. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 207% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Sodium Triphosphate in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nepal | 112 | 139 | 404 | 350 | 46.2% |
| Kenya | 0.2 | N/A | 107 | 167 | 841.7% |
| United States | 0.4 | 11.1 | 0.2 | 163 | 641.4% |
| Nigeria | 17.2 | 0.6 | 12.7 | 127 | 94.7% |
| Sri Lanka | 1.5 | 2.6 | 9.0 | 65.9 | 252.9% |
| Brazil | 0.1 | N/A | 1.3 | 61.7 | 751.3% |
| Myanmar | N/A | 2.3 | 8.1 | 55.5 | 391.2% |
| Bangladesh | 97.5 | 1.6 | 7.7 | 9.7 | -53.7% |
| Others | 33.6 | 40.0 | 55.6 | 124 | 54.5% |
| Total | 262 | 197 | 606 | 1,124 | 62.5% |
Top Export Markets for Sodium Triphosphate from India in 2022:
- Myanmar (516.1 tons)
- Nepal (265.6 tons)
- United States (120.5 tons)
- Kenya (94.8 tons)
- Nigeria (78.8 tons)
- Brazil (43.5 tons)
- Sri Lanka (41.3 tons)
- Bangladesh (4.9 tons)
This report provides an in-depth analysis of the sodium triphosphate market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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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Sodium Triphosphate experienced a rapid growth rate in February 2023, increasing by 159% month-over-month. By October 2023, imports of Sodium Triphosphate reached $5M in value.
263
In February 2023, the sodium triphosphate price stood at $1,328 per ton (CIF, India), stabilizing at the previous month.
799
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...
1226
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...
115
Sodium Triphosphate experienced a rapid growth rate in February 2023, increasing by 159% month-over-month. By October 2023, imports of Sodium Triphosphate reached $5M in value.
263
In February 2023, the sodium triphosphate price stood at $1,328 per ton (CIF, India), stabilizing at the previous month.
799
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...
1226
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...
