Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Thailand - 2024
Contents:
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Thailand (CIF) - 2024
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Thailand (FOB) - 2022
- Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Thailand
- Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Thailand
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Thailand (CIF) - 2024
In January 2024, the average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $1,082 per ton, surging by 6% against the previous month. In general, the import price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 21% against the previous month. Over the period under review, average import prices reached the maximum at $1,545 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($1,116 per ton), while the price for South Korea ($735 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Morocco (-1.2%), while the prices for the other major suppliers experienced a decline.
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Thailand (FOB) - 2022
The average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $1,604 per ton in 2022, reducing by -13.2% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 72%. As a result, the export price reached the peak level of $2,256 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($4,677 per ton), while the average price for exports to Myanmar ($1,049 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 Cambodia (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Thailand
After three years of growth, overseas purchases of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses decreased by -8.5% to 97K tons in 2022. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 16%. As a result, imports reached the peak of 106K tons, and then fell in the following year.
In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses surged to $143M in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 66%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 62.6 | 59.9 | 89.4 | 133 | 28.6% |
| Vietnam | 0.3 | N/A | 2.7 | 3.6 | 128.9% |
| South Korea | 1.4 | 1.2 | 1.9 | 2.2 | 16.3% |
| Morocco | N/A | N/A | 9.7 | N/A | 0% |
| Others | 2.5 | 2.3 | 1.9 | 3.8 | 15.0% |
| Total | 66.8 | 63.4 | 106 | 143 | 28.9% |
Top Suppliers of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids to Thailand in 2022:
- China (90.8K tons)
- Vietnam (2.3K tons)
- South Korea (1.7K tons)
Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Thailand
In 2022, approx. 194 tons of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses were exported from Thailand; dropping by -5.4% compared with 2021. In general, exports recorded a dramatic setback.
In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses reduced dramatically to $311K in 2022. Overall, exports saw a sharp decrease. The pace of growth was the most pronounced in 2020 when exports increased by 43% against the previous year. As a result, the exports reached the peak of $921K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 66.5 | 327 | 109 | 178 | 38.8% |
| Nepal | N/A | N/A | N/A | 45.9 | 0% |
| Vietnam | 5.9 | 22.9 | 16.7 | 27.3 | 66.6% |
| Cambodia | 213 | 175 | 196 | 19.7 | -54.8% |
| China | 39.0 | 34.5 | 11.5 | 15.0 | -27.3% |
| Malaysia | 142 | 313 | 10.0 | 9.4 | -59.5% |
| Myanmar | 93.9 | 17.6 | 10.4 | 0.8 | -79.6% |
| United States | 42.2 | N/A | N/A | N/A | 0% |
| Others | 43.6 | 30.8 | 26.1 | 14.9 | -30.1% |
| Total | 646 | 921 | 379 | 311 | -21.6% |
Top Export Markets for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids from Thailand in 2022:
- Lao People's Democratic Republic (142.1 tons)
- Nepal (16.5 tons)
- Vietnam (10.7 tons)
- China (10.2 tons)
- Malaysia (5.9 tons)
- Cambodia (4.2 tons)
- Myanmar (0.7 tons)
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In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids imports totaled $X in 2016. Overall, it indicated a notable growth from 2007 to 2016: the total imports value increa...
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In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids exports totaled $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decre...
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