Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Colombia - 2022

Contents:

1. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Colombia (CIF) - 2022
2. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Colombia (FOB) - 2022
3. Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Colombia
4. Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Colombia

Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Colombia (CIF) - 2022

The average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $2,007 per ton in February 2022, surging by 12% against the previous month. In general, import price indicated a buoyant expansion from February 2021 to February 2022: its price increased at an average monthly rate of +5.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses increased by +76.9% against May 2021 indices. The most prominent rate of growth was recorded in August 2021 when the average import price increased by 30% m-o-m. Over the period under review, average import prices hit record highs in February 2022.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was China ($2,493 per ton), while the price for Belgium ($1,584 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Colombia (FOB) - 2022

The average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $3,085 per ton in February 2022, picking up by 85% against the previous month. Over the period under review, the export price continues to indicate a strong expansion. The growth pace was the most rapid in October 2021 an increase of 155% month-to-month. As a result, the export price reached the peak level of $3,629 per ton. From November 2021 to February 2022, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Venezuela ($5,010 per ton), while the average price for exports to Ecuador ($2,338 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Colombia

In 2022, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses into Colombia surged to 30K tons, increasing by 146% compared with 2021 figures. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses skyrocketed to $26M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids to Colombia in 2022:

1. China (14.0K tons)
2. Mexico (11.3K tons)
3. Brazil (4.7K tons)

Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Colombia

In 2022, the amount of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses exported from Colombia skyrocketed to 314 tons, growing by 198% compared with the year before. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 323%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses soared to $868K in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 382%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids from Colombia in 2022:

1. Venezuela (119.5 tons)
2. Ecuador (113.5 tons)
3. Chile (54.1 tons)
4. Panama (13.5 tons)
5. Guatemala (7.7 tons)

Source: IndexBox Market Intelligence Platform