United Kingdom: Dicalcium Phosphate Market 2024

Dicalcium Phosphate Market Size in the UK

The UK dicalcium phosphate market soared to $X in 2021, surging by 35% 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). Over the period under review, consumption, however, recorded a pronounced curtailment. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Dicalcium Phosphate Exports

Exports from the UK

In 2021, overseas shipments of calcium hydrogenorthophosphate (dicalcium phosphate) increased by 14% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, continue to indicate a noticeable downturn. The growth pace was the most rapid in 2013 when exports increased by 64% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, dicalcium phosphate exports reduced to $X in 2021. Over the period under review, exports, however, recorded a slight contraction. The growth pace was the most rapid in 2016 with an increase of 38%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Ireland (X tons), the Netherlands (X tons) and Spain (X tons) were the main destinations of dicalcium phosphate exports from the UK, with a combined 70% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +203.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dicalcium phosphate exported from the UK were Ireland ($X), the Netherlands ($X) and Spain ($X), with a combined 57% share of total exports.

Spain, with a CAGR of +206.9%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average dicalcium phosphate export price amounted to $X per ton, dropping by -17.4% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dicalcium phosphate export price increased by +76.4% against 2017 indices. The most prominent rate of growth was recorded in 2019 an increase of 46%. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then declined dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Turkey ($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 Ireland (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Dicalcium Phosphate Imports

Imports into the UK

In 2021, approx. X tons of calcium hydrogenorthophosphate (dicalcium phosphate) were imported into the UK; picking up by 27% compared with the previous year's figure. Overall, imports, however, recorded a drastic downturn. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, dicalcium phosphate imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a noticeable decline. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest dicalcium phosphate supplier to the UK, with a 44% share of total imports. Moreover, dicalcium phosphate imports from France exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France stood at +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+294.3% per year) and the United States (+16.3% per year).

In value terms, France ($X), the United States ($X) and Germany ($X) were the largest dicalcium phosphate suppliers to the UK, together accounting for 68% of total imports. Spain, China, Morocco, Tunisia, the Netherlands and Belgium lagged somewhat behind, together accounting for a further 28%.

In terms of the main suppliers, Spain, with a CAGR of +310.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average dicalcium phosphate import price amounted to $X per ton, growing by 6.5% against the previous year. Overall, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dicalcium phosphate import price increased by +66.8% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 41%. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :