Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the UK - 2023
Contents:
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the UK (CIF) - 2023
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the UK (FOB) - 2023
- Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the UK
- Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the UK
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the UK (CIF) - 2023
The average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $1,727 per ton in December 2023, waning by -29.8% against the previous month. Overall, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 67% against the previous month. The import price peaked at $2,823 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Israel ($2,314 per ton), while the price for Belgium ($968 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Israel (-1.6%), while the prices for the other major suppliers experienced a decline.
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the UK (FOB) - 2023
The average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $2,751 per ton in December 2023, approximately reflecting the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 16% month-to-month. As a result, the export price reached the peak level of $3,023 per ton. From April 2023 to December 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was the Netherlands ($6,140 per ton), while the average price for exports to Ireland ($2,684 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 the Netherlands (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the UK
In 2022, the amount of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses imported into the UK surged to 100K tons, picking up by 33% against 2021. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained 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 $127M in 2022. Overall, imports saw a significant increase. 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 30.0 | 34.6 | 31.3 | 84.9 | 41.4% |
| Belgium | 25.8 | 21.3 | 23.8 | 24.8 | -1.3% |
| China | 2.2 | 1.0 | 1.5 | 12.3 | 77.5% |
| Morocco | 5.4 | 6.2 | 4.2 | N/A | -11.8% |
| Others | 6.2 | 5.7 | 11.5 | 5.0 | -6.9% |
| Total | 69.6 | 68.9 | 72.4 | 127 | 22.2% |
Top Suppliers of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids to the UK in 2022:
- Israel (73.0K tons)
- Belgium (21.0K tons)
- China (4.3K tons)
Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the UK
In 2022, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses from the UK skyrocketed to 13K tons, rising by 26% on the year before. The total export volume increased at an average annual rate of +11.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses surged to $27M in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 7.3 | 7.9 | 9.2 | 19.2 | 38.0% |
| Netherlands | 0.4 | 0.1 | 0.8 | 1.5 | 55.4% |
| Germany | N/A | 0.1 | 0.4 | 1.0 | 216.2% |
| France | 0.4 | 0.5 | 0.1 | 0.9 | 31.0% |
| Denmark | 0.2 | 0.2 | 0.1 | 0.4 | 26.0% |
| India | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| Others | 0.9 | 1.1 | 1.8 | 3.7 | 60.2% |
| Total | 9.5 | 10.1 | 12.6 | 27.0 | 41.6% |
Top Export Markets for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids from the UK in 2022:
- Ireland (9.6K tons)
- Netherlands (1.3K tons)
- Germany (0.4K tons)
- France (0.3K tons)
- Denmark (0.2K tons)
- India (0.2K tons)
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