Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Spain - 2023
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Spain (FOB) - 2022
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Spain (CIF) - 2023
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Spain
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Spain
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Spain (FOB) - 2022
In 2022, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,527 per ton, rising by 43% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 +75.8% against 2020 indices. Over the period under review, the average export prices attained the peak figure at $1,527 per ton in 2015; afterwards, it flattened through to 2022.
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 Germany ($4,140 per ton), while the average price for exports to Costa Rica ($578 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 Portugal (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Spain (CIF) - 2023
In October 2023, the average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,442 per ton, declining by -2% against the previous month. Overall, the import price saw a mild reduction. The most prominent rate of growth was recorded in April 2023 an increase of 42% against the previous month. As a result, import price reached the peak level of $2,124 per ton. From May 2023 to October 2023, the average import prices remained at a 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 Germany ($2,789 per ton), while the price for France ($466 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 (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Spain
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 -2.8% to 102K tons. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 73%.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses surged to $156M in 2022. Over the period under review, exports, however, recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 8.5 | 11.8 | 14.2 | 25.0 | 43.3% |
| Portugal | 5.7 | 10.1 | 14.6 | 24.6 | 62.8% |
| Denmark | 0.5 | 0.6 | 4.7 | 11.2 | 181.9% |
| Germany | 2.7 | 4.2 | 5.4 | 10.9 | 59.2% |
| South Africa | 0.1 | 0.2 | 11.4 | 10.1 | 365.7% |
| United Kingdom | 8.3 | 8.2 | 4.4 | 7.7 | -2.5% |
| Italy | 3.7 | 4.8 | 5.1 | 7.1 | 24.3% |
| Netherlands | 0.8 | 1.1 | 3.4 | 6.8 | 104.1% |
| Algeria | 6.0 | 7.0 | 5.6 | 4.1 | -11.9% |
| Saudi Arabia | 0.2 | 0.4 | 2.7 | 3.9 | 169.2% |
| Belgium | 0.3 | 0.8 | 1.8 | 3.8 | 133.1% |
| Brazil | 1.2 | 2.3 | 5.7 | 2.8 | 32.6% |
| Costa Rica | 0.4 | 0.8 | 1.4 | 2.4 | 81.7% |
| Others | 20.4 | 28.9 | 31.8 | 35.2 | 19.9% |
| Total | 58.8 | 81.3 | 112 | 156 | 38.4% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Spain in 2022:
- Portugal (18.2K tons)
- France (14.3K tons)
- South Africa (9.1K tons)
- United Kingdom (6.9K tons)
- Denmark (6.8K tons)
- Italy (5.0K tons)
- Netherlands (4.7K tons)
- Costa Rica (4.1K tons)
- Brazil (4.0K tons)
- Algeria (3.5K tons)
- Saudi Arabia (3.4K tons)
- Germany (2.6K tons)
- Belgium (2.6K tons)
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Spain
After three years of growth, supplies from abroad of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses decreased by -3.8% to 93K tons in 2022. The total import volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of 96K tons, and then shrank in the following year.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses skyrocketed to $153M in 2022. Overall, imports, however, saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.5 | 19.5 | 21.8 | 44.8 | 32.0% |
| Belgium | 11.8 | 11.1 | 18.9 | 21.3 | 21.8% |
| Germany | 12.2 | 13.4 | 16.5 | 21.1 | 20.0% |
| France | 12.6 | 8.0 | 12.4 | 18.8 | 14.3% |
| Israel | 4.0 | 6.9 | 11.2 | 11.9 | 43.8% |
| Morocco | 0.1 | N/A | N/A | 5.4 | 278.0% |
| Turkey | N/A | 0.4 | 3.7 | 4.6 | 239.1% |
| Thailand | 2.4 | 1.8 | 1.7 | 3.8 | 16.6% |
| Portugal | 4.8 | 1.5 | 1.6 | 1.6 | -30.7% |
| Lithuania | 2.2 | 2.3 | 3.3 | 1.2 | -18.3% |
| Others | 7.9 | 9.0 | 12.3 | 18.8 | 33.5% |
| Total | 77.5 | 74.1 | 103 | 153 | 25.4% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Spain in 2022:
- China (20.0K tons)
- France (19.8K tons)
- Belgium (11.7K tons)
- Turkey (8.8K tons)
- Germany (8.4K tons)
- Morocco (5.2K tons)
- Israel (5.1K tons)
- Lithuania (2.2K tons)
- Portugal (1.5K tons)
- Thailand (1.4K tons)
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