Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Pakistan - 2023
Contents:
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Pakistan (CIF) - 2023
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Pakistan (FOB) - 2022
- Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Pakistan
- Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Pakistan
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Pakistan (CIF) - 2023
The average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $2,135 per ton in June 2023, increasing by 24% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 41% m-o-m. Over the period under review, average import prices reached the peak figure at $2,409 per ton in February 2023; however, from March 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,689 per ton), while the price for China ($1,786 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Pakistan (FOB) - 2022
In 2022, the average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $1,005 per ton, therefore, remained relatively stable against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s decreased by -22.0% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 87%. Over the period under review, the average export prices reached the maximum at $1,289 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +3.2% per year.
Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Pakistan
In 2022, after three years of growth, there was significant decline in supplies from abroad of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s, when their volume decreased by -21.6% to 3.2K tons. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 97% against the previous year.
In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s expanded significantly to $6.8M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +54.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.
| Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,849 | 4,023 | 4,366 | 4,570 | 17.1% |
| Thailand | 682 | 634 | 881 | 1,119 | 17.9% |
| United States | 5.7 | 5.5 | 4.8 | 395 | 310.7% |
| Germany | 364 | 323 | 371 | 267 | -9.8% |
| Belgium | 1.0 | 10.0 | 0.3 | 247 | 527.4% |
| France | 367 | 87.2 | 165 | 173 | -22.2% |
| Others | 140 | 237 | 261 | 35.5 | -36.7% |
| Total | 4,409 | 5,320 | 6,049 | 6,806 | 15.6% |
Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Pakistan in 2022:
- China (2210.3 tons)
- Thailand (495.9 tons)
- Belgium (167.0 tons)
- United States (117.6 tons)
- Germany (105.5 tons)
- France (90.7 tons)
Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Pakistan
Exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s from Pakistan rose modestly to 5.5 tons in 2022, with an increase of 4.6% compared with the previous year's figure. The total export volume increased at an average annual rate of +4.6% over the period 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 28%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $5.5K in 2022. Overall, exports, however, showed a noticeable decline.
| Export of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 3.4 | 3.3 | 5.3 | 5.5 | 17.4% |
| Others | 2.6 | 2.0 | N/A | N/A | -23.1% |
| Total | 6.0 | 5.3 | 5.3 | 5.5 | -2.9% |
Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Pakistan in 2022:
- Malaysia (5.5 tons)
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