Sodium Triphosphate Price in Serbia - 2023
Contents:
- Sodium Triphosphate Price in Serbia (CIF) - 2022
- Sodium Triphosphate Price in Serbia (FOB) - 2022
- Sodium Triphosphate Imports in Serbia
- Sodium Triphosphate Exports in Serbia
Sodium Triphosphate Price in Serbia (CIF) - 2022
The average sodium triphosphate import price stood at $1,744 per ton in 2022, increasing by 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,725 per ton), while the price for Poland ($1,381 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Sodium Triphosphate Price in Serbia (FOB) - 2022
In 2022, the average sodium triphosphate export price amounted to $2,968 per ton, picking up by 87% against the previous year. Over the period under review, the export price continues to indicate a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($3,045 per ton), while the average price for exports to Montenegro ($1,500 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 Montenegro (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.
Sodium Triphosphate Imports in Serbia
In 2022, supplies from abroad of sodium triphosphate (sodium tripolyphosphates) decreased by -43.1% to 171 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 60%. As a result, imports attained the peak of 365 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sodium triphosphate imports dropped remarkably to $297K in 2022. Overall, total imports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -36.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 64% against the previous year. As a result, imports reached the peak of $469K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Sodium Triphosphate in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 26.9 | 29.0 | 94.4 | 135 | 71.2% |
| Poland | 119 | 282 | 173 | 116 | -0.8% |
| Slovenia | 111 | 133 | 118 | 32.4 | -33.7% |
| China | 27.1 | 22.1 | 23.7 | 13.4 | -20.9% |
| Others | 2.3 | 3.2 | 5.6 | 0.7 | -32.7% |
| Total | 286 | 469 | 414 | 297 | 1.3% |
Top Suppliers of Sodium Triphosphate to Serbia in 2022:
- Poland (84.1 tons)
- Belgium (66.6 tons)
- Slovenia (12.0 tons)
- China (7.5 tons)
Sodium Triphosphate Exports in Serbia
In 2022, overseas shipments of sodium triphosphate (sodium tripolyphosphates) decreased by -76% to 2.1 tons, falling for the second consecutive year after two years of growth. In general, exports showed a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 210% against the previous year. As a result, the exports reached the peak of 18 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, sodium triphosphate exports reduced notably to $6.3K in 2022. Overall, exports faced a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 137%. As a result, the exports attained the peak of $21K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Sodium Triphosphate in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | N/A | N/A | N/A | 6.1 | 0% |
| Bosnia and Herzegovina | 5.2 | 0.2 | 1.0 | 0.2 | -66.2% |
| North Macedonia | 2.2 | 19.8 | 9.8 | N/A | 111.1% |
| Montenegro | 1.6 | 1.4 | 3.1 | N/A | 39.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.0 | 21.4 | 14.0 | 6.3 | -11.2% |
Top Export Markets for Sodium Triphosphate from Serbia in 2022:
- Slovakia (2000.0 kg)
- Bosnia and Herzegovina (90.0 kg)
- Montenegro (26.0 kg)
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