Europe: Sodium Phosphates Market 2024

Sodium Phosphates Market Size in Europe

The Europe sodium phosphates market skyrocketed to $X in 2022, growing by X% against the previous year. Overall, consumption saw a prominent increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Sodium Phosphates Production in Europe

In value terms, sodium phosphates production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Sodium Phosphates Exports

Exports in Europe

In 2022, after two years of decline, there was significant growth in shipments abroad of phosphates of mono- or di-sodium, when their volume increased by X% to X tons. Overall, exports, however, continue to indicate a perceptible slump. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, sodium phosphates exports surged to $X in 2022. Total exports indicated a moderate increase 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. Based on 2022 figures, exports increased by X% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Germany (X tons) was the largest exporter of phosphates of mono- or di-sodium, achieving X% of total exports. France (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Russia (X%). Slovenia (X tons), Belgium (X tons), Spain (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

Germany experienced a relatively flat trend pattern with regard to volume of exports of phosphates of mono- or di-sodium. At the same time, Slovenia (X%), Spain (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. By contrast, France (X%), the Netherlands (X%) and Russia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Germany, France, Slovenia and Spain increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest sodium phosphates supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

In Germany, sodium phosphates exports 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: France (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, growing by X% against the previous year. Export price indicated a strong 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 phosphates export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in years to come.

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

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

Sodium Phosphates Imports

Imports in Europe

In 2022, supplies from abroad of phosphates of mono- or di-sodium decreased by less than X% to X tons, falling for the second consecutive year after four years of growth. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, sodium phosphates imports surged to $X in 2022. Total imports indicated prominent 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. Based on 2022 figures, imports increased by X% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), the UK (X tons), the Netherlands (X tons), Belgium (X tons), Italy (X tons), Denmark (X tons), Poland (X tons), Ireland (X tons), Spain (X tons) and France (X tons) represented the major importer of phosphates of mono- or di-sodium in Europe, making up X% of total import. Sweden (X tons), Russia (X tons) and Switzerland (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Ireland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), Germany ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Ireland, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, jumping by X% against the previous year. Import price indicated a pronounced 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 phosphates import price increased by X% against 2019 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

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 Switzerland ($X per ton), while Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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