Southern Asia: Phosphinates And Phosphonates Market 2024

Phosphinates And Phosphonates Market Size in Southern Asia

In 2022, after five years of growth, there was decline in the South Asian phosphinates and phosphonates market, when its value decreased by X% to $X. The total consumption indicated a pronounced expansion 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. The level of consumption peaked at $X in 2021, and then shrank modestly in the following year.

Phosphinates And Phosphonates Production in Southern Asia

In value terms, phosphinates and phosphonates production amounted to $X in 2022 estimated in export price. The total production indicated a temperate 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Phosphinates And Phosphonates Exports

Exports in Southern Asia

In 2022, shipments abroad of phosphinates (hypophosphites) and phosphonates (phosphites) increased by X% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, exports recorded a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, phosphinates and phosphonates exports soared to $X in 2022. Overall, exports recorded a measured expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Pakistan was the largest exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by India (X tons), committing a X% share of total exports. Sri Lanka (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to phosphinates and phosphonates exports from Pakistan stood at X%. At the same time, Sri Lanka (X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, India (X%) illustrated a downward trend over the same period. While the share of Pakistan (X p.p.) and Sri Lanka (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of India (X p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest phosphinates and phosphonates supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Pakistan ($X), with an X% share of total exports.

In India, phosphinates and phosphonates exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Pakistan (X% per year) and Sri Lanka (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, falling by X% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2014 an increase of X%. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

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

Phosphinates And Phosphonates Imports

Imports in Southern Asia

In 2022, the amount of phosphinates (hypophosphites) and phosphonates (phosphites) imported in Southern Asia expanded slightly to X tons, with an increase of X% on the year before. In general, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, phosphinates and phosphonates imports soared to $X in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

India prevails in imports structure, resulting at X tons, which was approx. X% of total imports in 2022. The following importers - Bangladesh (X tons) and Pakistan (X tons) - each reached an X% share of total imports.

India was also the fastest-growing in terms of the phosphinates (hypophosphites) and phosphonates (phosphites) imports, with a CAGR of X% from 2012 to 2022. At the same time, Bangladesh (X%) displayed positive paces of growth. Pakistan experienced a relatively flat trend pattern. India (X p.p.) significantly strengthened its position in terms of the total imports, while Bangladesh and Pakistan saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, India ($X) constitutes the largest market for imported phosphinates (hypophosphites) and phosphonates (phosphites) in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports.

In India, phosphinates and phosphonates imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain 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 India ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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