Price for Phosphides; Whether or Not Chemically Defined, Excluding Ferrophosphorus in Vietnam - 2022

Contents:

  1. Price for Phosphides; Whether or Not Chemically Defined, Excluding Ferrophosphorus in Vietnam (CIF) - 2022
  2. Imports of Phosphides; Whether or Not Chemically Defined, Excluding Ferrophosphorus in Vietnam

Price for Phosphides; Whether or Not Chemically Defined, Excluding Ferrophosphorus in Vietnam (CIF) - 2022

The average import price for phosphides; whether or not chemically defined, excluding ferrophosphori stood at $5,310 per ton in 2022, falling by -1.9% against the previous year. Overall, the import price continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 4.2%. The import price peaked at $7,313 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($19,549 per ton), while the price for India ($1,528 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Phosphides; Whether or Not Chemically Defined, Excluding Ferrophosphorus in Vietnam

After three years of growth, supplies from abroad of phosphides; whether or not chemically defined, excluding ferrophosphori decreased by -3.8% to 160 tons in 2022. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 8.3%. As a result, imports reached the peak of 166 tons, and then reduced modestly in the following year.

In value terms, imports of phosphides; whether or not chemically defined, excluding ferrophosphori shrank to $849K in 2022. The total import value increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 13%. As a result, imports reached the peak of $900K, and then shrank in the following year.

Import of Phosphides; Whether or Not Chemically Defined, Excluding Ferrophosphorus in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3453814163762.9%
Taiwan (Chinese)13217222424022.1%
India166162157125-9.0%
South Korea51.267.187.093.322.1%
Others14.415.717.015.21.8%
Total7087989008496.2%

Top Suppliers of Phosphides; Whether or Not Chemically Defined, Excluding Ferrophosphorus to Vietnam in 2022:

  1. India (81.9 tons)
  2. China (58.0 tons)
  3. Taiwan (Chinese) (12.3 tons)
  4. South Korea (7.2 tons)

Source: IndexBox Market Intelligence Platform

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