Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Russia - 2022

Contents:

1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Russia (CIF) - 2022
2. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Russia (FOB) - 2022
3. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Russia
4. Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Russia

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Russia (CIF) - 2022

The average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $2,606 per ton in 2022, increasing by 26% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s increased by +64.6% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Estonia ($3,554 per ton), while the price for Belgium ($1,565 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Russia (FOB) - 2022

In 2022, the average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $881 per ton, growing by 38% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 increased by +101.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 46%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($1,379 per ton), while the average price for exports to France ($856 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 Australia (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Russia

Imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s into Russia stood at 24K tons in 2022, rising by 3.1% on 2021 figures. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 4.6%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s surged to $61M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.6% 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 +71.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Russia in 2022:

1. China (12.0K tons)
2. Czech Republic (2.4K tons)
3. Kazakhstan (1.2K tons)
4. Germany (1.0K tons)
5. Thailand (0.9K tons)
6. Estonia (0.7K tons)
7. Belgium (0.3K tons)

Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Russia

In 2022, approx. 16K tons of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s were exported from Russia; dropping by -65.5% compared with the year before. In general, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 2.6% against the previous year.

In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s shrank remarkably to $14M in 2022. Overall, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, the exports reached the peak of $30M, and then reduced notably in the following year.

Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Russia in 2022:

1. United Kingdom (5.0K tons)
2. France (3.1K tons)
3. Kazakhstan (1.0K tons)
4. Australia (0.3K tons)

Source: IndexBox Market Intelligence Platform