Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Serbia - 2023

Contents:

  1. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Serbia (FOB) - 2023
  2. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Serbia (CIF) - 2022
  3. Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Serbia
  4. Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Serbia

Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Serbia (FOB) - 2023

In December 2023, the average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $800 per ton, approximately equating the previous month. Over the period under review, the export price, however, recorded a slight slump. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 8.3% against the previous month. Over the period under review, the average export prices hit record highs at $1,080 per ton in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Bulgaria ($1,165 per ton), while the average price for exports to Slovenia ($589 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $1,051 per ton in 2022, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2021 when the average import price increased by 22% against the previous year. As a result, import price reached the peak level of $1,064 per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,475 per ton), while the price for Slovenia ($694 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 43K tons of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses were exported from Serbia; jumping by 49% against 2021. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses skyrocketed to $31M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia5.55.26.911.628.2%
Germany0.10.10.83.2217.5%
Austria1.81.72.13.018.6%
Poland0.80.71.42.750.0%
Italy1.51.51.72.010.1%
RomaniaN/AN/AN/A1.60%
Hungary0.10.10.31.3135.1%
Bulgaria0.20.20.21.071.0%
Denmark0.20.40.20.644.2%
Ukraine0.70.61.70.4-17.0%
Others0.50.61.23.489.5%
Total11.511.216.530.838.9%

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

  1. Slovenia (13.2K tons)
  2. Germany (6.6K tons)
  3. Italy (3.8K tons)
  4. Austria (3.8K tons)
  5. Romania (3.0K tons)
  6. Poland (2.5K tons)
  7. Hungary (2.1K tons)
  8. Bulgaria (2.1K tons)
  9. Denmark (1.1K tons)
  10. Ukraine (0.7K tons)

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

In 2022, approx. 2.6K tons of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses were imported into Serbia; jumping by 123% against the year before. Over the period under review, imports posted 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 skyrocketed to $2.7M in 2022. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11612231.01,311124.4%
Belgium2.934.962.3568480.7%
Israel431445326356-6.2%
Czech Republic415314692148-29.1%
GreeceN/AN/A46.9146211.3%
SloveniaN/A0.112.31243421.4%
PolandN/A0.328.758.61297.6%
Others58.718.038.016.7-34.2%
Total1,0239331,2372,72938.7%

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

  1. China (1528.4 tons)
  2. Israel (317.2 tons)
  3. Belgium (229.6 tons)
  4. Slovenia (178.1 tons)
  5. Czech Republic (146.7 tons)
  6. Greece (144.6 tons)
  7. Poland (47.2 tons)

Source: IndexBox Market Intelligence Platform

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