Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the UK - 2023
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the UK (CIF) - 2023
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the UK (FOB) - 2022
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the UK
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the UK
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the UK (CIF) - 2023
In November 2023, the average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,602 per ton, shrinking by -29% against the previous month. Over the period under review, the import price continues to indicate a slight contraction. The growth pace was the most rapid in October 2023 when the average import price increased by 112% month-to-month. Over the period under review, average import prices reached the maximum at $2,676 per ton in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($3,473 per ton), while the price for Finland ($676 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the UK (FOB) - 2022
The average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $2,584 per ton in 2022, rising by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2018 an increase of 38% against the previous year. The export price peaked at $2,663 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
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 ($4,119 per ton), while the average price for exports to Bangladesh ($1,025 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 France (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the UK
In 2022, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses into the UK dropped slightly to 138K tons, remaining constant against the year before. Over the period under review, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 9.8% against the previous year.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $203M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +72.7% against 2020 indices. 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.1 | 14.1 | 16.2 | 37.0 | 41.4% |
| Germany | 32.2 | 24.1 | 26.7 | 28.8 | -3.7% |
| France | 9.7 | 8.5 | 23.2 | 21.9 | 31.2% |
| Finland | 11.1 | 13.4 | 14.0 | 20.8 | 23.3% |
| United States | 6.6 | 8.3 | 7.5 | 15.8 | 33.8% |
| Belgium | 9.7 | 10.2 | 16.4 | 15.3 | 16.4% |
| Morocco | N/A | 1.2 | 7.6 | 11.6 | 210.9% |
| Spain | 4.8 | 5.8 | 7.9 | 10.5 | 29.8% |
| Tunisia | 3.1 | 4.4 | 0.6 | 6.1 | 25.3% |
| Thailand | 1.0 | 1.0 | 2.3 | 5.5 | 76.5% |
| Russia | 7.5 | 5.0 | 0.2 | 4.6 | -15.0% |
| Lithuania | 5.0 | 5.0 | 5.0 | 2.8 | -17.6% |
| Netherlands | 20.8 | 4.6 | 9.2 | 2.0 | -54.2% |
| Others | 14.1 | 12.2 | 16.7 | 20.5 | 13.3% |
| Total | 139 | 118 | 154 | 203 | 13.5% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to the UK in 2022:
- Finland (22.3K tons)
- Morocco (16.3K tons)
- France (15.4K tons)
- China (13.2K tons)
- Tunisia (10.9K tons)
- Spain (8.6K tons)
- United States (8.3K tons)
- Germany (8.0K tons)
- Belgium (7.7K tons)
- Russia (5.2K tons)
- Lithuania (5.0K tons)
- Thailand (4.3K tons)
- Netherlands (2.8K tons)
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the UK
Exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses from the UK soared to 9.3K tons in 2022, surging by 22% compared with 2021. The total export volume increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 31%. 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 surged to $24M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,610 | 1,821 | 1,262 | 3,016 | 23.3% |
| Norway | 3.3 | 2.4 | 62.9 | 2,687 | 833.8% |
| Ireland | 3,974 | 4,343 | 2,911 | 2,274 | -17.0% |
| Israel | 337 | 304 | 858 | 1,508 | 64.8% |
| Poland | 754 | 1,111 | 1,574 | 1,450 | 24.4% |
| Netherlands | 594 | 983 | 795 | 1,396 | 33.0% |
| Germany | 1,896 | 1,390 | 1,123 | 1,304 | -11.7% |
| United States | 1,257 | 484 | 787 | 1,281 | 0.6% |
| Thailand | 321 | 128 | 112 | 726 | 31.3% |
| India | 125 | 120 | 294 | 713 | 78.7% |
| Bangladesh | 4.3 | 9.9 | 232 | 550 | 403.8% |
| Belgium | 480 | 499 | 307 | 533 | 3.6% |
| United Arab Emirates | 131 | 90.2 | 137 | 475 | 53.6% |
| Others | 5,799 | 8,393 | 6,007 | 6,094 | 1.7% |
| Total | 17,287 | 19,677 | 16,463 | 24,009 | 11.6% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from the UK in 2022:
- Ireland (1567.3 tons)
- France (905.4 tons)
- Norway (688.6 tons)
- Bangladesh (536.9 tons)
- Israel (526.1 tons)
- India (488.9 tons)
- Germany (422.1 tons)
- Netherlands (400.2 tons)
- Thailand (387.3 tons)
- Poland (378.1 tons)
- United States (310.9 tons)
- United Arab Emirates (297.4 tons)
- Belgium (208.6 tons)
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