U.S.: Diphosphorus Pentaoxide Market 2023

Diphosphorus Pentaoxide Market Size in the U.S.

The U.S. diphosphorus pentaoxide market declined to $X in 2021, shrinking by -7.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a noticeable setback. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Diphosphorus Pentaoxide Exports

Exports from the U.S.

In 2021, diphosphorus pentaoxide exports from the United States soared to X tons, with an increase of 20% compared with 2020 figures. Overall, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2019 when exports increased by 124%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, diphosphorus pentaoxide exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 131% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for diphosphorus pentaoxide exports from the United States, with a 92% share of total exports. Moreover, diphosphorus pentaoxide exports to Canada exceeded the volume sent to the second major destination, Brazil (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada totaled +3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (0.0% per year) and China (-21.5% per year).

In value terms, Canada ($X) remains the key foreign market for diphosphorus pentaoxide exports from the United States, comprising 87% of total exports. The second position in the ranking was held by Brazil ($X), with a 9.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (0.0% per year) and China (-21.2% per year).

Export Prices by Country

The average diphosphorus pentaoxide export price stood at $X per ton in 2021, growing by 9.8% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decline. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Brazil ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.

Diphosphorus Pentaoxide Imports

Imports into the U.S.

In 2021, approx. X tons of diphosphorus pentaoxide were imported into the United States; which is down by -11.3% compared with the previous year's figure. Overall, imports saw a slight downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 54%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, diphosphorus pentaoxide imports fell modestly to $X in 2021. In general, imports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 52% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest diphosphorus pentaoxide supplier to the United States, accounting for a 61% share of total imports. Moreover, diphosphorus pentaoxide imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The third position in this ranking was held by India (X tons), with an 18% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-1.3% per year) and India (+42.4% per year).

In value terms, China ($X) constituted the largest supplier of diphosphorus pentaoxide to the United States, comprising 60% of total imports. The second position in the ranking was held by India ($X), with a 20% share of total imports. It was followed by France, with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+36.0% per year) and France (-4.6% per year).

Import Prices by Country

In 2021, the average diphosphorus pentaoxide import price amounted to $X per ton, increasing by 9.7% against the previous year. Over the period under review, the import price, however, recorded a slight shrinkage. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+23.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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