Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Belgium - 2023
Contents:
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Belgium (FOB) - 2023
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Belgium (CIF) - 2023
- Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Belgium
- Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Belgium
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Belgium (FOB) - 2023
In October 2023, the average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $2,216 per ton, shrinking by -2.8% against the previous month. Over the period under review, the export price continues to indicate a slight decline. The most prominent rate of growth was recorded in November 2022 an increase of 7.8% month-to-month. Over the period under review, the average export prices hit record highs at $2,874 per ton in April 2023; however, from May 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was India ($2,853 per ton), while the average price for exports to Ukraine ($1,756 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 Turkey (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Belgium (CIF) - 2023
The average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $2,923 per ton in October 2023, surging by 20% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 180% m-o-m. Over the period under review, average import prices hit record highs at $3,307 per ton in February 2023; however, from March 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 United States ($52,210 per ton), while the price for China amounted to $2,892 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Belgium
Exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s from Belgium contracted to 36K tons in 2022, declining by -12.8% against the previous year. The total export volume increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. As a result, the exports reached the peak of 41K tons, and then shrank in the following year.
In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s skyrocketed to $79M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 8.1 | 10.2 | 12.1 | 16.5 | 26.8% |
| Germany | 4.0 | 4.4 | 5.3 | 9.1 | 31.5% |
| Netherlands | 7.4 | 2.2 | 3.3 | 6.6 | -3.7% |
| India | 3.7 | 3.1 | 4.6 | 6.0 | 17.5% |
| United Kingdom | 4.8 | 4.0 | 4.1 | 4.6 | -1.4% |
| Austria | 2.1 | 2.5 | 3.2 | 4.6 | 29.9% |
| Brazil | 2.4 | 2.7 | 3.4 | 3.9 | 17.6% |
| Poland | 1.9 | 1.2 | 2.3 | 3.5 | 22.6% |
| Spain | 1.5 | 2.3 | 2.3 | 3.1 | 27.4% |
| Italy | 1.4 | 2.3 | 1.7 | 2.6 | 22.9% |
| Morocco | 1.7 | 1.5 | 2.4 | 2.4 | 12.2% |
| Turkey | 1.3 | 1.5 | 2.2 | 1.9 | 13.5% |
| Tunisia | 0.8 | 0.8 | 1.4 | 1.5 | 23.3% |
| Others | 8.7 | 9.7 | 17.2 | 13.1 | 14.6% |
| Total | 49.9 | 48.5 | 65.3 | 79.4 | 16.7% |
Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Belgium in 2022:
- France (7.5K tons)
- Germany (4.1K tons)
- Netherlands (3.1K tons)
- United Kingdom (2.2K tons)
- India (2.1K tons)
- Austria (2.0K tons)
- Brazil (1.8K tons)
- Morocco (1.6K tons)
- Spain (1.6K tons)
- Italy (1.1K tons)
- Poland (1.1K tons)
- Turkey (1.0K tons)
- Tunisia (0.7K tons)
Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Belgium
In 2022, approx. 16K tons of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s were imported into Belgium; jumping by 30% on 2021 figures. The total import volume increased at an average annual rate of +4.2% 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 attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s surged to $38M in 2022. Overall, imports showed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 3.2 | 4.6 | 13.4 | 72.7% |
| Germany | 4.4 | 7.7 | 7.6 | 9.7 | 30.1% |
| France | 1.4 | 3.4 | 4.3 | 5.3 | 55.9% |
| Netherlands | 1.3 | 1.5 | 1.3 | 2.4 | 22.7% |
| Czech Republic | 0.9 | 0.8 | 1.2 | 2.4 | 38.7% |
| Russia | N/A | N/A | 1.5 | 2.1 | 40.0% |
| United States | 3.3 | 2.7 | 0.5 | 1.5 | -23.1% |
| Romania | 8.3 | N/A | N/A | N/A | 0% |
| Others | 2.5 | 1.7 | 1.6 | 1.7 | -12.1% |
| Total | 24.7 | 20.9 | 22.6 | 38.4 | 15.8% |
Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Belgium in 2022:
- China (4.4K tons)
- Germany (3.0K tons)
- Russia (3.0K tons)
- France (2.2K tons)
- Netherlands (1.0K tons)
- Czech Republic (0.8K tons)
- United States (0.7K tons)
128
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