Eastern Europe: Phosphinates And Phosphonates Market 2024

Phosphinates And Phosphonates Market Size in Eastern Europe

In 2022, the East European phosphinates and phosphonates market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Phosphinates And Phosphonates Production in Eastern Europe

In value terms, phosphinates and phosphonates production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Phosphinates And Phosphonates Exports

Exports in Eastern Europe

In 2022, the amount of phosphinates (hypophosphites) and phosphonates (phosphites) exported in Eastern Europe skyrocketed to X tons, growing by X% compared with 2021 figures. Over the period under review, exports recorded a tangible increase. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, phosphinates and phosphonates exports soared to $X in 2022. Overall, exports posted prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland was the key exporter of phosphinates (hypophosphites) and phosphonates (phosphites) in Eastern Europe, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. Russia (X tons) ranks second in terms of the total exports with an X% share, followed by Bulgaria (X%) and Hungary (X%). The following exporters - the Czech Republic (X tons) and Lithuania (X tons) - each recorded a X% share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Hungary (X%), the Czech Republic (X%), Bulgaria (X%) and Lithuania (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. Poland (X p.p.), Hungary (X p.p.), Bulgaria (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest phosphinates and phosphonates supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Bulgaria ($X), with an X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Poland stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Bulgaria (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price showed a strong increase. The growth pace was the most rapid in 2015 when the export price increased by X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced a decline in the export price figures.

Phosphinates And Phosphonates Imports

Imports in Eastern Europe

In 2022, approx. X tons of phosphinates (hypophosphites) and phosphonates (phosphites) were imported in Eastern Europe; jumping by X% against 2021. Overall, imports, however, saw a perceptible decline. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, phosphinates and phosphonates imports surged to $X in 2022. Over the period under review, imports enjoyed a temperate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) was the major importer of phosphinates (hypophosphites) and phosphonates (phosphites), constituting X% of total imports. Poland (X tons) took the second position in the ranking, distantly followed by the Czech Republic (X tons). All these countries together held approx. X% share of total imports. Romania (X tons), Latvia (X tons), Hungary (X tons) and Slovakia (X tons) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of imports of phosphinates (hypophosphites) and phosphonates (phosphites). At the same time, Latvia (X%), the Czech Republic (X%), Hungary (X%) and Romania (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Slovakia (X%) and Poland (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia, the Czech Republic and Latvia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported phosphinates (hypophosphites) and phosphonates (phosphites) in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Poland (X% per year) and Romania (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price saw resilient growth. The pace of growth was the most pronounced in 2019 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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