Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in China - 2023
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in China (FOB) - 2023
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in China (CIF) - 2022
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in China
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in China
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in China (FOB) - 2023
The average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $879 per ton in December 2023, reducing by -3.1% against the previous month. Over the period under review, the export price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 7.3% m-o-m. Over the period under review, the average export prices reached the maximum at $1,309 per ton in January 2023; however, from February 2023 to December 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was the United States ($1,718 per ton), while the average price for exports to Vietnam ($476 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 South Korea (-0.1%), while the prices for the other major destinations experienced a decline.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in China (CIF) - 2022
The average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $5,022 per ton in 2022, growing by 49% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses increased by +91.1% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,052 per ton), while the price for the Netherlands ($926 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in China
In 2022, approx. 1.4M tons of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses were exported from China; approximately reflecting the previous year's figure. The total export volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 3.7% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses skyrocketed to $2B in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 76.9 | 71.3 | 105 | 120 | 16.0% |
| India | 49.5 | 67.2 | 73.2 | 103 | 27.7% |
| Japan | 64.9 | 71.3 | 106 | 99.9 | 15.5% |
| United States | 48.8 | 37.4 | 71.1 | 95.5 | 25.1% |
| Indonesia | 41.5 | 44.8 | 85.2 | 91.5 | 30.2% |
| Vietnam | 43.6 | 47.3 | 81.2 | 87.5 | 26.1% |
| Australia | 32.8 | 37.7 | 60.9 | 85.9 | 37.8% |
| South Korea | 52.2 | 46.1 | 81.4 | 85.2 | 17.7% |
| Brazil | 32.5 | 36.7 | 45.1 | 75.0 | 32.1% |
| Mexico | 17.3 | 20.5 | 32.8 | 72.5 | 61.2% |
| Malaysia | 42.1 | 38.5 | 61.4 | 68.1 | 17.4% |
| Philippines | 24.8 | 24.6 | 64.7 | 54.7 | 30.2% |
| Bangladesh | 19.9 | 21.9 | 25.5 | 48.8 | 34.9% |
| Others | 427 | 429 | 584 | 899 | 28.2% |
| Total | 974 | 994 | 1,477 | 1,987 | 26.8% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from China in 2022:
- Vietnam (100.0K tons)
- Thailand (86.0K tons)
- Indonesia (84.7K tons)
- India (64.5K tons)
- South Korea (62.1K tons)
- Japan (61.8K tons)
- Bangladesh (61.5K tons)
- Brazil (54.4K tons)
- Philippines (52.9K tons)
- Australia (50.9K tons)
- Malaysia (44.0K tons)
- United States (40.1K tons)
- Mexico (38.7K tons)
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in China
Imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses into China surged to 21K tons in 2022, with an increase of 32% compared with 2021 figures. The total import volume increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses skyrocketed to $105M in 2022. Over the period under review, imports saw significant growth. 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 China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1.5 | 1.1 | 2.1 | 42.9 | 205.8% |
| Japan | 8.3 | 7.1 | 12.3 | 16.2 | 25.0% |
| Germany | 11.0 | 12.2 | 15.5 | 16.0 | 13.3% |
| United States | 4.7 | 5.1 | 5.2 | 7.9 | 18.9% |
| Israel | 5.2 | 7.0 | 5.6 | 5.9 | 4.3% |
| Canada | 2.4 | 2.0 | 2.0 | 4.7 | 25.1% |
| Belgium | 1.8 | 1.3 | 1.8 | 1.6 | -3.9% |
| France | 1.8 | 1.9 | 2.1 | 1.1 | -15.1% |
| Thailand | 1.1 | 1.1 | 0.7 | 0.3 | -35.2% |
| Others | 3.7 | 4.6 | 6.1 | 8.8 | 33.5% |
| Total | 41.6 | 43.4 | 53.5 | 105 | 36.2% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to China in 2022:
- South Korea (7.3K tons)
- Israel (4.0K tons)
- Japan (1.8K tons)
- Germany (1.8K tons)
- Canada (1.4K tons)
- United States (1.3K tons)
- Belgium (0.9K tons)
- France (0.3K tons)
- Thailand (0.2K tons)
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