CIS: Dicalcium Phosphate Market 2024

Dicalcium Phosphate Market Size in CIS

The CIS dicalcium phosphate market was estimated at $X in 2021, picking up by 1.8% against the previous year. The total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +61.0% against 2015 indices. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Dicalcium Phosphate Production in CIS

In value terms, dicalcium phosphate production reduced slightly to $X in 2021 estimated in export price. In general, production faced a deep setback. The pace of growth appeared the most rapid in 2018 when the production volume increased by 1.5% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Dicalcium Phosphate Exports

Exports in CIS

In 2021, the amount of calcium hydrogenorthophosphate (dicalcium phosphate) exported in the CIS expanded notably to X tons, surging by 11% against the previous year. Over the period under review, exports, however, saw a precipitous setback. The most prominent rate of growth was recorded in 2015 with an increase of 345% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, dicalcium phosphate exports soared to $X in 2021. In general, exports, however, continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2019 with an increase of 115%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Russia (X tons) represented the largest exporter of calcium hydrogenorthophosphate (dicalcium phosphate) in the CIS, achieving 99% of total export.

Russia was also the fastest-growing in terms of the calcium hydrogenorthophosphate (dicalcium phosphate) exports, with a CAGR of -32.5% from 2012 to 2021. From 2012 to 2021, the share of Russia increased by +8.1 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest dicalcium phosphate supplier in the CIS.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia totaled -23.4%.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, surging by 55% against the previous year. Over the period under review, the export price showed a buoyant expansion. The growth pace was the most rapid in 2014 an increase of 752%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +13.5% per year.

Dicalcium Phosphate Imports

Imports in CIS

In 2021, overseas purchases of calcium hydrogenorthophosphate (dicalcium phosphate) decreased by -8.7% to X tons, falling for the second year in a row after two years of growth. Overall, imports showed a noticeable contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 29% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, dicalcium phosphate imports rose remarkably to $X in 2021. Total imports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +68.5% against 2015 indices. The growth pace was the most rapid in 2018 with an increase of 23% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Azerbaijan was the major importing country with an import of around X tons, which amounted to 57% of total imports. It was distantly followed by Russia (X tons) and Armenia (X tons), together achieving a 41% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Azerbaijan (with a CAGR of -0.2%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest dicalcium phosphate importing markets in the CIS were Russia ($X), Azerbaijan ($X) and Armenia ($X), with a combined 96% share of total imports.

In terms of the main importing countries, Russia, with a CAGR of +5.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, rising by 17% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The pace of growth was the most pronounced in 2015 when the import price increased by 32%. Over the period under review, import prices attained the peak figure in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while Armenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+13.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :