Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Belgium - 2023
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Belgium (FOB) - 2022
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Belgium (CIF) - 2023
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Belgium
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Belgium
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Belgium (FOB) - 2022
The average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $2,032 per ton in 2022, growing by 46% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses increased by +66.4% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($2,519 per ton), while the average price for exports to Spain ($1,598 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 France (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Belgium (CIF) - 2023
The average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $2,171 per ton in October 2023, growing by 51% against the previous month. Over the period under review, import price indicated a modest increase from October 2022 to October 2023: its price increased at an average monthly rate of +1.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses increased by +50.9% against September 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 55% month-to-month. Over the period under review, average import prices hit record highs at $2,212 per ton in November 2022; afterwards, it flattened through to October 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($2,602 per ton), while the price for Japan ($116 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Belgium
In 2022, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses from Belgium fell remarkably to 130K tons, declining by -19.9% compared with 2021 figures. Overall, exports recorded a pronounced slump. The growth pace was the most rapid in 2021 when exports increased by 14%. As a result, the exports attained the peak of 163K tons, and then contracted rapidly in the following year.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses skyrocketed to $265M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.7% 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 +51.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 24% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 22.5 | 25.5 | 29.8 | 37.9 | 19.0% |
| Netherlands | 22.3 | 19.3 | 25.8 | 27.9 | 7.8% |
| United States | 16.0 | 17.6 | 19.9 | 27.7 | 20.1% |
| Germany | 12.5 | 13.9 | 19.4 | 23.1 | 22.7% |
| Spain | 9.9 | 11.6 | 16.6 | 22.1 | 30.7% |
| United Kingdom | 13.4 | 14.2 | 12.9 | 15.3 | 4.5% |
| Poland | 6.5 | 5.8 | 7.7 | 10.3 | 16.6% |
| India | 6.2 | 5.8 | 7.3 | 10.3 | 18.4% |
| Italy | 4.7 | 6.1 | 6.6 | 9.4 | 26.0% |
| Brazil | 5.2 | 5.8 | 7.4 | 7.8 | 14.5% |
| Austria | 3.7 | 4.8 | 4.4 | 7.3 | 25.4% |
| Mexico | 4.8 | 5.3 | 4.9 | 5.5 | 4.6% |
| Denmark | 2.2 | 3.0 | 4.1 | 4.5 | 26.9% |
| Others | 45.4 | 43.9 | 59.4 | 55.8 | 7.1% |
| Total | 175 | 182 | 226 | 265 | 14.8% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Belgium in 2022:
- France (16.0K tons)
- Netherlands (15.3K tons)
- Spain (13.8K tons)
- United States (13.4K tons)
- Germany (9.5K tons)
- United Kingdom (7.5K tons)
- Poland (4.9K tons)
- Italy (4.4K tons)
- India (4.1K tons)
- Brazil (3.7K tons)
- Austria (3.2K tons)
- Mexico (2.4K tons)
- Denmark (2.3K tons)
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Belgium
In 2022, purchases abroad of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses decreased by -14.5% to 65K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 1.2% against the previous year. As a result, imports reached the peak of 95K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $117M in 2022. The total import value increased at an average annual rate of +12.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 10.8 | 20.4 | 21.4 | 30.0 | 40.6% |
| China | 9.6 | 9.5 | 11.2 | 25.8 | 39.0% |
| Netherlands | 11.0 | 12.2 | 12.7 | 19.1 | 20.2% |
| Germany | 13.9 | 15.6 | 18.3 | 16.6 | 6.1% |
| Czech Republic | 3.7 | 4.1 | 7.0 | 5.9 | 16.8% |
| Spain | 1.2 | 1.3 | 2.5 | 4.7 | 57.6% |
| United States | 6.0 | 6.4 | 2.8 | 2.5 | -25.3% |
| Sweden | 1.2 | 0.8 | 1.3 | 1.5 | 7.7% |
| Poland | 0.6 | 0.6 | 1.1 | 1.4 | 32.6% |
| Finland | 4.2 | 1.5 | 1.2 | 0.9 | -40.2% |
| Lithuania | 6.6 | 8.4 | 2.4 | N/A | -39.7% |
| Romania | 8.5 | N/A | N/A | N/A | 0% |
| Others | 4.4 | 5.6 | 6.6 | 8.6 | 25.0% |
| Total | 81.6 | 86.3 | 88.5 | 117 | 12.8% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Belgium in 2022:
- France (19.0K tons)
- Netherlands (14.9K tons)
- China (9.4K tons)
- Germany (7.6K tons)
- Spain (3.0K tons)
- Finland (2.1K tons)
- Czech Republic (2.0K tons)
- Poland (1.2K tons)
- Sweden (1.2K tons)
- United States (0.8K tons)
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