Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Greece - 2023
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Greece (CIF) - 2023
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Greece (FOB) - 2023
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Greece
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Greece
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Greece (CIF) - 2023
The average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $824 per ton in October 2023, dropping by -13.2% against the previous month. In general, the import price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in December 2022 an increase of 42% m-o-m. The import price peaked at $1,976 per ton in January 2023; however, from February 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the Netherlands ($2,110 per ton), while the price for France ($385 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 Israel (-1.3%), while the prices for the other major suppliers experienced a decline.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Greece (FOB) - 2023
In October 2023, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $933 per ton, shrinking by -28.7% against the previous month. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 39% month-to-month. Over the period under review, the average export prices hit record highs at $3,041 per ton in February 2023; however, from March 2023 to October 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Romania ($2,121 per ton), while the average price for exports to Bulgaria ($675 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 Slovenia (+3.6%), while the prices for the other major destinations experienced a decline.
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Greece
In 2022, approx. 26K tons of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses were imported into Greece; increasing by 6.1% against the previous year. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $28M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.9% against 2019 indices. 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 Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.6 | 3.4 | 1.1 | 5.6 | 51.8% |
| Morocco | 1.9 | 1.6 | 4.1 | 3.7 | 24.9% |
| Russia | 3.0 | 2.4 | 2.1 | 3.4 | 4.3% |
| Turkey | 0.1 | 0.1 | 0.8 | 2.6 | 196.2% |
| Serbia | 1.3 | 1.3 | 1.9 | 2.1 | 17.3% |
| Germany | 1.5 | 1.5 | 1.6 | 2.0 | 10.1% |
| Israel | 2.2 | 1.9 | 2.8 | 1.9 | -4.8% |
| France | 0.5 | 0.5 | 0.6 | 1.5 | 44.2% |
| Belgium | 0.8 | 0.6 | 1.2 | 1.3 | 17.6% |
| Bulgaria | 0.5 | 0.5 | 0.9 | 0.8 | 17.0% |
| Slovenia | 0.6 | 0.5 | 0.9 | 0.4 | -12.6% |
| Others | 1.7 | 1.9 | 2.9 | 3.2 | 23.5% |
| Total | 15.8 | 16.3 | 20.9 | 28.4 | 21.6% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Greece in 2022:
- China (7.1K tons)
- Morocco (4.1K tons)
- Russia (4.1K tons)
- Turkey (2.4K tons)
- France (2.0K tons)
- Serbia (1.7K tons)
- Israel (1.4K tons)
- Belgium (0.6K tons)
- Germany (0.5K tons)
- Bulgaria (0.5K tons)
- Slovenia (0.2K tons)
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Greece
In 2022, after three years of growth, there was decline in overseas shipments of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses, when their volume decreased by -1.9% to 2.5K tons. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 66%.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $4.7M in 2022. In general, exports, however, saw a significant increase. 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 Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 633 | 916 | 331 | 1,568 | 35.3% |
| Romania | 316 | 310 | 1,409 | 1,462 | 66.6% |
| Bulgaria | 319 | 421 | 698 | 590 | 22.7% |
| Albania | 127 | 145 | 262 | 309 | 34.5% |
| Poland | 8.6 | N/A | N/A | 259 | 211.1% |
| Cyprus | 31.4 | 29.6 | 183 | 119 | 55.9% |
| Slovenia | 9.7 | 11.9 | 11.5 | 111 | 125.3% |
| North Macedonia | 55.5 | 61.6 | 87.8 | 60.8 | 3.1% |
| Others | 72.1 | 343 | 140 | 234 | 48.1% |
| Total | 1,572 | 2,239 | 3,123 | 4,714 | 44.2% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Greece in 2022:
- Romania (890.9 tons)
- Hungary (604.4 tons)
- Bulgaria (343.5 tons)
- Albania (243.9 tons)
- Poland (184.2 tons)
- Cyprus (62.1 tons)
- Slovenia (61.6 tons)
- North Macedonia (21.8 tons)
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