Global Diphosphorus Pentaoxide Market 2023

Diphosphorus Pentaoxide Market Size

The global diphosphorus pentaoxide market soared to $X in 2022, jumping by 47% against the previous year. Over the period under review, consumption saw prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Diphosphorus Pentaoxide Production

In value terms, diphosphorus pentaoxide production surged to $X in 2022 estimated in export price. In general, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +15.2% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 17%. Over the period under review, global production hit record highs in 2022 and is likely to see steady growth in the near future.

Diphosphorus Pentaoxide Exports

Exports

In 2022, overseas shipments of diphosphorus pentaoxide increased by 2.5% to X tons, rising for the third consecutive year after two years of decline. The total export volume increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 41% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the global exports remained at a lower figure.

In value terms, diphosphorus pentaoxide exports skyrocketed to $X in 2022. In general, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. The global exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

China was the major exporter of diphosphorus pentaoxide in the world, with the volume of exports amounting to X tons, which was approx. 70% of total exports in 2022. It was distantly followed by India (X tons) and the Netherlands (X tons), together comprising a 21% share of total exports. Belgium (X tons) and Germany (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to diphosphorus pentaoxide exports from China stood at +2.4%. At the same time, the Netherlands (+32.4%) and India (+27.8%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +32.4% from 2012-2022. By contrast, Belgium (-7.2%) and Germany (-8.7%) illustrated a downward trend over the same period. India (+11 p.p.) and the Netherlands (+8.4 p.p.) significantly strengthened its position in terms of the global exports, while Belgium, China and Germany saw its share reduced by -5.1%, -5.4% and -5.8% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest diphosphorus pentaoxide supplier worldwide, comprising 70% of global exports. The second position in the ranking was held by India ($X), with a 16% share of global exports. It was followed by the Netherlands, with a 5.9% share.

In China, diphosphorus pentaoxide exports increased at an average annual rate of +9.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+36.8% per year) and the Netherlands (+49.4% per year).

Export Prices by Country

In 2022, the average diphosphorus pentaoxide export price amounted to $X per ton, rising by 30% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, diphosphorus pentaoxide export price increased by +106.7% against 2017 indices. The pace of growth appeared the most rapid in 2021 an increase of 45%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Belgium ($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 (+12.8%), while the other global leaders experienced more modest paces of growth.

Diphosphorus Pentaoxide Imports

Imports

In 2022, the amount of diphosphorus pentaoxide imported worldwide soared to X tons, increasing by 35% compared with 2021. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +7.0% 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 +34.2% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, diphosphorus pentaoxide imports surged to $X in 2022. Overall, imports recorded a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the seven major importers of diphosphorus pentaoxide, namely the United States, the Netherlands, Germany, the UK, Spain, India and Italy, represented more than two-thirds of total import.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +42.7%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and the UK ($X) were the countries with the highest levels of imports in 2022, with a combined 52% share of global imports. Spain, the Netherlands, India and Italy lagged somewhat behind, together accounting for a further 30%.

The Netherlands, with a CAGR of +36.4%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average diphosphorus pentaoxide import price stood at $X per ton in 2022, surging by 31% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, diphosphorus pentaoxide import price increased by +56.7% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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