Sodium Triphosphate Price in Slovenia - 2023

Contents:

  1. Sodium Triphosphate Price in Slovenia (FOB) - 2023
  2. Sodium Triphosphate Price in Slovenia (CIF) - 2022
  3. Sodium Triphosphate Exports in Slovenia
  4. Sodium Triphosphate Imports in Slovenia

Sodium Triphosphate Price in Slovenia (FOB) - 2023

The average sodium triphosphate export price stood at $1,711 per ton in September 2023, with a decrease of -9.4% against the previous month. Overall, the export price continues to indicate a pronounced downturn. The pace of growth was the most pronounced in April 2023 an increase of 18% month-to-month. Over the period under review, the average export prices attained the peak figure at $2,697 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In September 2023, the countries with the highest prices were Hungary ($1,903 per ton) and Switzerland ($1,883 per ton), while the average price for exports to Italy ($1,607 per ton) and Croatia ($1,764 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-0.3%), while the prices for the other major destinations experienced a decline.

Sodium Triphosphate Price in Slovenia (CIF) - 2022

In 2022, the average sodium triphosphate import price amounted to $2,558 per ton, jumping by 35% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. As a result, import price reached 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 Austria ($4,240 per ton), while the price for Belgium ($2,364 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Sodium Triphosphate Exports in Slovenia

After three years of growth, overseas shipments of sodium triphosphate (sodium tripolyphosphates) decreased by -55.7% to 1.5K tons in 2022. Overall, exports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 10% against the previous year. As a result, the exports reached the peak of 3.5K tons, and then contracted markedly in the following year.

In value terms, sodium triphosphate exports dropped markedly to $4.1M in 2022. Over the period under review, total exports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +13.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 42%. As a result, the exports attained the peak of $5.4M, and then shrank dramatically in the following year.

Export of Sodium Triphosphate in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,2751,5071,6521,5236.1%
Germany7346211,1697882.4%
Croatia31230431649916.9%
United Kingdom10.419.8293230180.7%
Hungary11010411817115.8%
Poland91.180.325513313.4%
UkraineN/A33.413512795.0%
Switzerland233234246115-21.0%
Serbia1101291691141.2%
Czech Republic42.338.544.396.731.7%
Netherlands17526287.582.2-22.3%
Greece16315127976.0-22.5%
Spain13816930649.5-28.9%
Others21417637484.8-26.5%
Total3,6083,8285,4434,0894.3%

Top Export Markets for Sodium Triphosphate from Slovenia in 2022:

  1. Italy (587.6 tons)
  2. Germany (279.3 tons)
  3. Croatia (191.3 tons)
  4. United Kingdom (92.0 tons)
  5. Hungary (64.0 tons)
  6. Ukraine (47.8 tons)
  7. Serbia (47.0 tons)
  8. Poland (46.0 tons)
  9. Switzerland (42.8 tons)
  10. Czech Republic (40.0 tons)
  11. Netherlands (33.0 tons)
  12. Greece (28.0 tons)
  13. Spain (17.0 tons)

Sodium Triphosphate Imports in Slovenia

In 2022, approx. 75 tons of sodium triphosphate (sodium tripolyphosphates) were imported into Slovenia; shrinking by -19.3% compared with the previous year's figure. Over the period under review, imports faced a abrupt curtailment. The smallest decline of -6.7% was in 2021.

In value terms, sodium triphosphate imports expanded sharply to $192K in 2022. Overall, imports showed a pronounced curtailment.

Import of Sodium Triphosphate in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium11589.995.11519.5%
Germany99.899.078.636.8-28.3%
Others3.34.63.54.39.2%
Total218193177192-4.1%

Top Suppliers of Sodium Triphosphate to Slovenia in 2022:

  1. Belgium (64.0 tons)
  2. Germany (9.3 tons)

Source: IndexBox Market Intelligence Platform

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