Phosphorus Price in the UK - 2023
Contents:
- Phosphorus Price in the UK (CIF) - 2022
- Phosphorus Price in the UK (FOB) - 2022
- Phosphorus Imports in the UK
- Phosphorus Exports in the UK
Phosphorus Price in the UK (CIF) - 2022
In 2022, the average phosphorus import price amounted to $3,544 per ton, rising by 24% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 42%. As a result, import price reached the peak level of $4,230 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($75,265 per ton), while the price for Vietnam ($2,418 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+28.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphorus Price in the UK (FOB) - 2022
In 2022, the average phosphorus export price amounted to $1,320 per ton, surging by 33% against the previous year. Over the period under review, the export price, however, continues to indicate a dramatic slump. The most prominent rate of growth was recorded in 2018 an increase of 165%. Over the period under review, the average export prices hit record highs at $16,984 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($8,734 per ton), while the average price for exports to the Netherlands ($1,075 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.0%), while the prices for the other major destinations experienced a decline.
Phosphorus Imports in the UK
In 2022, imports of phosphori into the UK skyrocketed to 1.4K tons, increasing by 108% on the year before. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, phosphorus imports surged to $4.9M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phosphorus in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1.8 | 1.8 | 1.6 | 2.7 | 14.5% |
| China | 0.4 | N/A | N/A | 1.9 | 68.1% |
| Others | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| Total | 2.3 | 2.0 | 1.9 | 4.9 | 28.7% |
Top Suppliers of Phosphorus to the UK in 2022:
- Vietnam (1128.5 tons)
- China (235.8 tons)
Phosphorus Exports in the UK
In 2022, overseas shipments of phosphori were finally on the rise to reach 8.7 tons after two years of decline. In general, exports, however, continue to indicate a abrupt contraction.
In value terms, phosphorus exports surged to $11K in 2022. Over the period under review, exports, however, faced a dramatic decrease.
| Export of Phosphorus in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 8.1 | 0% |
| South Korea | N/A | 1.3 | N/A | 2.1 | 27.1% |
| Germany | N/A | N/A | 1.4 | 1.2 | -14.3% |
| Spain | N/A | 7.3 | N/A | N/A | 0% |
| Ireland | 1.2 | 5.8 | N/A | N/A | 383.3% |
| United States | N/A | N/A | 4.6 | N/A | 0% |
| Lebanon | 13.8 | N/A | N/A | N/A | 0% |
| Others | 10.0 | 3.8 | N/A | N/A | -62.0% |
| Total | 25.0 | 18.2 | 6.0 | 11.4 | -23.0% |
Top Export Markets for Phosphorus from the UK in 2022:
- Netherlands (7.6 tons)
- Germany (0.9 tons)
- South Korea (0.2 tons)
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