Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Thailand - 2023
Contents:
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Thailand (FOB) - 2022
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Thailand (CIF) - 2022
- Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Thailand
- Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Thailand
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Thailand (FOB) - 2022
In 2022, the average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $2,208 per ton, with an increase of 47% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% 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 +33.9% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($2,677 per ton), while the average price for exports to Egypt ($825 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 India (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Thailand (CIF) - 2022
In 2022, the average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $2,527 per ton, jumping by 46% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 +75.0% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,880 per ton), while the price for China ($2,345 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Thailand
In 2022, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s from Thailand rose significantly to 46K tons, picking up by 12% compared with the previous year's figure. The total export volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 13%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s skyrocketed to $102M in 2022. Over the period under review, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.3 | 12.9 | 13.1 | 22.7 | 16.7% |
| India | 4.1 | 3.6 | 5.4 | 8.4 | 27.0% |
| Kenya | 5.5 | 2.8 | 3.2 | 6.4 | 5.2% |
| Indonesia | 4.5 | 4.4 | 5.1 | 6.3 | 11.9% |
| Vietnam | 2.8 | 3.1 | 4.2 | 4.4 | 16.3% |
| Australia | 1.7 | 2.1 | 2.4 | 4.2 | 35.2% |
| United Kingdom | 0.9 | 0.7 | 1.3 | 3.7 | 60.2% |
| Brazil | 2.4 | 2.7 | 1.2 | 3.3 | 11.2% |
| New Zealand | 1.6 | 1.1 | 1.6 | 2.9 | 21.9% |
| South Africa | 1.2 | 2.4 | 1.9 | 2.8 | 32.6% |
| Netherlands | 3.6 | 2.7 | 1.1 | 2.7 | -9.1% |
| France | 1.9 | 1.4 | 1.1 | 2.4 | 8.1% |
| Egypt | 0.2 | 0.9 | 0.8 | 0.9 | 65.1% |
| Others | 16.4 | 17.3 | 19.7 | 31.5 | 24.3% |
| Total | 60.9 | 58.1 | 62.1 | 102 | 18.8% |
Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Thailand in 2022:
- United States (8.7K tons)
- United Kingdom (3.8K tons)
- India (3.3K tons)
- Kenya (2.9K tons)
- Indonesia (2.4K tons)
- Netherlands (2.3K tons)
- France (1.7K tons)
- Vietnam (1.7K tons)
- Australia (1.6K tons)
- Brazil (1.3K tons)
- South Africa (1.1K tons)
- Egypt (1.1K tons)
- New Zealand (1.1K tons)
Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Thailand
In 2022, purchases abroad of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s decreased by -19% to 9.9K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports attained the peak of 12K tons, and then declined remarkably in the following year.
In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s skyrocketed to $25M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 43%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.2 | 11.9 | 17.0 | 20.7 | 19.3% |
| Germany | 1.3 | 1.4 | 1.8 | 2.1 | 17.3% |
| United States | 0.6 | 0.9 | 1.4 | 1.5 | 35.7% |
| Others | 0.8 | 0.6 | 1.0 | 0.9 | 4.0% |
| Total | 14.9 | 14.9 | 21.2 | 25.1 | 19.0% |
Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Thailand in 2022:
- China (8.8K tons)
- Germany (0.7K tons)
- United States (0.3K tons)
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