Central Asia: Sodium Triphosphate Market 2024

Sodium Triphosphate Market Size in Central Asia

The Central Asian sodium triphosphate market skyrocketed to $X in 2022, jumping by X% against the previous year. The total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the immediate term.

Sodium Triphosphate Production in Central Asia

In value terms, sodium triphosphate production rose modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight setback. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Sodium Triphosphate Exports

Exports in Central Asia

In 2022, approx. X tons of sodium triphosphate (sodium tripolyphosphates) were exported in Central Asia; declining by X% compared with the previous year. In general, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, sodium triphosphate exports plummeted to $X in 2022. Over the period under review, exports saw a deep setback. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X tons) represented roughly X% of total exports in 2022.

Kazakhstan was also the fastest-growing in terms of the sodium triphosphate (sodium tripolyphosphates) exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest sodium triphosphate supplier in Central Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan amounted to X%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to X% per year.

Sodium Triphosphate Imports

Imports in Central Asia

In 2022, after two years of decline, there was significant growth in purchases abroad of sodium triphosphate (sodium tripolyphosphates), when their volume increased by X% to X tons. Over the period under review, imports posted a strong increase. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, sodium triphosphate imports soared to $X in 2022. Overall, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Uzbekistan (X tons) was the key importer of sodium triphosphate (sodium tripolyphosphates), generating X% of total imports. It was distantly followed by Kyrgyzstan (X tons) and Kazakhstan (X tons), together generating a X% share of total imports.

Imports into Uzbekistan increased at an average annual rate of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan and Kyrgyzstan increased by X and X percentage points, respectively.

In value terms, Uzbekistan ($X) constitutes the largest market for imported sodium triphosphate (sodium tripolyphosphates) in Central Asia, comprising X% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total imports.

In Uzbekistan, sodium triphosphate imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kyrgyzstan (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, with a decrease of X% against the previous year. Import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sodium triphosphate import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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