Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Denmark - 2023
Contents:
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Denmark (CIF) - 2023
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Denmark (FOB) - 2022
- Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Denmark
- Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Denmark
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Denmark (CIF) - 2023
The average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $1,612 per ton in November 2023, which is down by -8.6% against the previous month. Over the period under review, the import price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in October 2023 when the average import price increased by 22% m-o-m. Over the period under review, average import prices attained the maximum at $2,491 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Belgium ($1,997 per ton), while the price for Finland ($379 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Denmark (FOB) - 2022
In 2022, the average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $1,961 per ton, rising by 41% against the previous year. In general, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses increased by +97.5% against 2016 indices. The growth pace was the most rapid in 2014 when the average export price increased by 77%. As a result, the export price reached the peak level of $1,982 per ton; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Faroe Islands ($8,405 per ton), while the average price for exports to Finland ($1,266 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 Faroe Islands (+25.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Denmark
In 2022, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses into Denmark surged to 22K tons, picking up by 194% on 2021. Over the period under review, imports continue to indicate a significant increase. 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 surged to $23M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.4 | 2.3 | 2.7 | 7.9 | 48.8% |
| Serbia | 0.2 | 0.4 | 0.2 | 4.4 | 180.2% |
| Netherlands | 0.1 | 0.3 | 1.2 | 2.4 | 188.4% |
| China | 0.2 | N/A | 0.3 | 2.1 | 119.0% |
| Czech Republic | 3.0 | 2.2 | 2.2 | 1.9 | -14.1% |
| Poland | 1.2 | 1.3 | 1.4 | 1.6 | 10.1% |
| Germany | 0.2 | 0.4 | 0.5 | 1.6 | 100.0% |
| Finland | 0.1 | N/A | N/A | 0.4 | 58.7% |
| Others | 0.5 | 0.1 | 0.2 | 1.1 | 30.1% |
| Total | 7.9 | 7.0 | 8.7 | 23.4 | 43.6% |
Top Suppliers of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids to Denmark in 2022:
- Serbia (8.9K tons)
- Belgium (7.4K tons)
- Netherlands (1.8K tons)
- Czech Republic (1.0K tons)
- China (1.0K tons)
- Poland (0.9K tons)
- Finland (0.5K tons)
- Germany (0.3K tons)
Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Denmark
In 2022, approx. 262 tons of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses were exported from Denmark; waning by -41.6% against 2021 figures. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 8.9%.
In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses contracted sharply to $513K in 2022. Over the period under review, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 1.9% against the previous year.
| Export of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 200 | 164 | 436 | 377 | 23.5% |
| Ukraine | 89.2 | 114 | 51.2 | 49.6 | -17.8% |
| Finland | 13.1 | 8.6 | 17.0 | 41.7 | 47.1% |
| Germany | 3.7 | 2.5 | N/A | 25.9 | 91.3% |
| Norway | 320 | 180 | 97.6 | 13.4 | -65.3% |
| Sri Lanka | 8.7 | 130 | 6.6 | 0.5 | -61.4% |
| Georgia | 25.4 | 3.5 | 5.2 | N/A | -54.8% |
| Others | 15.2 | 10.3 | 11.6 | 4.7 | -32.4% |
| Total | 675 | 613 | 625 | 513 | -8.7% |
Top Export Markets for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids from Denmark in 2022:
- Sweden (195.4 tons)
- Finland (32.9 tons)
- Ukraine (20.3 tons)
- Norway (7.3 tons)
- Germany (5.0 tons)
- Sri Lanka (0.4 tons)
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