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

Contents:

  1. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Denmark (CIF) - 2023
  2. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Denmark (FOB) - 2023
  3. Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Denmark
  4. Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Denmark

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

In October 2023, the average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,321 per ton, with an increase of 3.7% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 115% m-o-m. Over the period under review, average import prices attained the maximum at $2,795 per ton in January 2023; however, from February 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($4,658 per ton), while the price for Germany ($918 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 Spain (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In October 2023, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $9,833 per ton, dropping by -5.1% against the previous month. Over the period under review, the export price, however, saw a resilient increase. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 181% m-o-m. As a result, the export price attained the peak level of $19,053 per ton. From March 2023 to October 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was India ($69,862 per ton), while the average price for exports to Finland ($1,831 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses into Denmark fell to 71K tons, with a decrease of -6.3% compared with 2021. In general, imports continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year.

In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $75M in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland10.25.84.812.77.6%
Spain0.40.33.912.7216.7%
Germany8.16.77.310.810.1%
Russia7.713.020.710.711.6%
China0.20.14.16.5219.1%
TurkeyN/AN/AN/A6.40%
France1.90.44.53.724.9%
Sweden4.72.02.32.9-14.9%
Lithuania6.53.35.22.7-25.4%
Others3.83.96.06.318.4%
Total43.535.659.075.320.1%

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

  1. Finland (23.9K tons)
  2. Russia (12.6K tons)
  3. Spain (10.5K tons)
  4. China (5.1K tons)
  5. Turkey (4.8K tons)
  6. Germany (3.8K tons)
  7. Lithuania (3.3K tons)
  8. France (2.3K tons)
  9. Sweden (2.0K tons)

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

In 2022, the amount of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses exported from Denmark soared to 1.8K tons, picking up by 58% against 2021 figures. Overall, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses surged to $7.5M in 2022. Over the period under review, exports, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year.

Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,0586752,4301,41810.3%
Norway48238352184120.4%
Sweden833399432768-2.7%
Latvia31.61.24.3723183.9%
Poland75753.738.8700-2.6%
Germany18435527251841.2%
United Kingdom6.92.21.0261235.7%
Lithuania3.20.40.6227314.0%
Netherlands1,38638329.019.1-76.0%
Faroe Islands95.614.145.30.3-85.4%
Turkey37.3156427N/A238.3%
Others3,1172,0991,8012,001-13.7%
Total7,9914,5206,0047,477-2.2%

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

  1. Latvia (518.4 tons)
  2. Norway (232.2 tons)
  3. Sweden (226.6 tons)
  4. Poland (212.6 tons)
  5. Germany (190.4 tons)
  6. Lithuania (152.0 tons)
  7. United Kingdom (45.2 tons)
  8. India (23.1 tons)
  9. Netherlands (8.7 tons)
  10. Faroe Islands (0.2 tons)

Source: IndexBox Market Intelligence Platform

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