Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Canada - 2023

Contents:

  1. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Canada (CIF) - 2022
  2. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Canada (FOB) - 2022
  3. Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Canada
  4. Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Canada

Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Canada (CIF) - 2022

In 2022, the average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,744 per ton, growing by 32% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 101% against the previous year. Over the period under review, average import prices hit record highs at $4,554 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Germany ($3,447 per ton), while the price for Russia ($955 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Canada (FOB) - 2022

In 2022, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,699 per ton, picking up by 20% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.6% 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 +31.1% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,889 per ton), while the average price for exports to China ($808 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 the United States (+6.8%), while the prices for the other major destinations experienced a decline.

Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Canada

In 2022, approx. 70K tons of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses were imported into Canada; increasing by 22% compared with 2021 figures. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses surged to $121M in 2022. Overall, imports posted a significant expansion. 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 Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States30.832.141.861.225.7%
China8.27.19.918.230.4%
Germany8.37.69.012.614.9%
Israel2.53.23.85.630.8%
Czech Republic0.40.60.64.6125.7%
Turkey0.70.91.82.756.8%
Tunisia1.00.4N/A1.821.6%
Russia0.10.40.61.8162.1%
Poland0.70.60.71.631.7%
Others5.24.46.811.128.8%
Total57.857.375.112127.9%

Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Canada in 2022:

  1. United States (44.9K tons)
  2. China (6.7K tons)
  3. Germany (3.6K tons)
  4. Turkey (2.7K tons)
  5. Russia (1.9K tons)
  6. Israel (1.8K tons)
  7. Czech Republic (1.6K tons)
  8. Tunisia (1.3K tons)
  9. Poland (1.1K tons)

Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Canada

After two years of decline, shipments abroad of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses increased by 0.2% to 52K tons in 2022. In general, exports, however, saw a relatively flat trend pattern.

In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses surged to $88M in 2022. The total export value increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States62.561.967.480.48.8%
China2.31.71.92.52.8%
Colombia1.41.31.01.52.3%
Chile0.90.60.50.8-3.9%
Others2.02.22.12.69.1%
Total69.267.872.987.98.3%

Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Canada in 2022:

  1. United States (42.6K tons)
  2. China (3.1K tons)
  3. Colombia (1.9K tons)
  4. Chile (1.0K tons)

Source: IndexBox Market Intelligence Platform

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