Asia: Diphosphorus Pentaoxide Market 2024

Diphosphorus Pentaoxide Market Size in Asia

The Asian diphosphorus pentaoxide market soared to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Diphosphorus Pentaoxide Production in Asia

In value terms, diphosphorus pentaoxide production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

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Diphosphorus Pentaoxide Exports

Exports in Asia

Diphosphorus pentaoxide exports reduced modestly to X tons in 2022, with a decrease of X% against the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, diphosphorus pentaoxide exports soared to $X in 2022. Overall, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

In 2022, China (X tons) was the largest exporter of diphosphorus pentaoxide, committing X% of total exports. It was distantly followed by India (X tons), creating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to diphosphorus pentaoxide exports from China stood at X%. At the same time, India (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. India (X p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest diphosphorus pentaoxide supplier in Asia, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports.

In China, diphosphorus pentaoxide exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Diphosphorus Pentaoxide Imports

Imports in Asia

In 2022, supplies from abroad of diphosphorus pentaoxide decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports recorded a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, diphosphorus pentaoxide imports reduced sharply to $X in 2022. Over the period under review, imports, however, enjoyed a pronounced increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped significantly in the following year.

Imports by Country

India represented the major importer of diphosphorus pentaoxide in Asia, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. South Korea (X tons) held the second position in the ranking, followed by Turkey (X tons), Japan (X tons) and Taiwan (Chinese) (X tons). All these countries together took near X% share of total imports. Indonesia (X tons), Pakistan (X tons) and Singapore (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to diphosphorus pentaoxide imports into India stood at X%. At the same time, Indonesia (X%), Pakistan (X%), Turkey (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, Taiwan (Chinese) (X%), Singapore (X%) and Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey, South Korea, India, Indonesia and Pakistan increased by X, X, X, X and X percentage points, respectively.

In value terms, India ($X) constitutes the largest market for imported diphosphorus pentaoxide in Asia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Turkey, with an X% share.

In India, diphosphorus pentaoxide imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Turkey (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the import price continues to indicate a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform