United Kingdom - Phosphoric Acid and Polyphosphoric Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPhosphoric Acid Price in the UK - 2023
Contents:
- Phosphoric Acid Price in the UK (CIF) - 2023
- Phosphoric Acid Price in the UK (FOB) - 2023
- Phosphoric Acid Imports in the UK
- Phosphoric Acid Exports in the UK
Phosphoric Acid Price in the UK (CIF) - 2023
In August 2023, the average phosphoric acid import price amounted to $2,761 per ton, rising by 60% against the previous month. Overall, import price indicated a mild expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, phosphoric acid import price increased by +59.7% against July 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 69% month-to-month. Over the period under review, average import prices attained the maximum at $2,825 per ton in December 2022; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Israel ($2,912 per ton), while the price for Serbia ($1,705 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+6.5%), while the prices for the other major suppliers experienced a decline.
Phosphoric Acid Price in the UK (FOB) - 2023
In August 2023, the average phosphoric acid export price amounted to $2,710 per ton, which is down by -5.9% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 16% against the previous month. As a result, the export price reached the peak level of $3,023 per ton. From April 2023 to August 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In August 2023, the country with the highest price was France ($2,718 per ton), while the average price for exports to Belgium ($2,219 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.
Phosphoric Acid Imports in the UK
For the third year in a row, the UK recorded decline in purchases abroad of phosphoric acid and polyphosphoric acids, which decreased by -20.4% to 59K tons in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The smallest decline of -0.9% was in 2020.
In value terms, phosphoric acid imports skyrocketed to $115M in 2022. In general, imports, however, showed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Phosphoric Acid in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Israel | 30.0 | 31.7 | 29.9 | 81.8 | 39.7% |
Belgium | 25.8 | 21.3 | 23.8 | 24.6 | -1.6% |
China | 1.7 | 0.4 | 0.4 | 4.1 | 34.1% |
Morocco | 5.4 | 6.2 | 4.2 | N/A | -11.8% |
Others | 6.0 | 5.5 | 11.0 | 4.9 | -6.5% |
Total | 68.9 | 65.1 | 69.5 | 115 | 18.6% |
Top Suppliers of Phosphoric Acid to the UK in 2022:
- Israel (34.5K tons)
- Belgium (20.9K tons)
- China (1.4K tons)
Phosphoric Acid Exports in the UK
For the fourth consecutive year, the UK recorded growth in shipments abroad of phosphoric acid and polyphosphoric acids, which increased by 20% to 13K tons in 2022. The total export volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, phosphoric acid exports soared to $27M in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Phosphoric Acid in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 7.3 | 7.9 | 9.2 | 19.4 | 38.5% |
Netherlands | 0.4 | 0.1 | 0.7 | 1.5 | 55.4% |
Germany | N/A | N/A | 0.4 | 1.0 | 150.0% |
France | 0.4 | 0.5 | 0.1 | 0.9 | 31.0% |
Belgium | 0.1 | 0.1 | N/A | 0.6 | 81.7% |
Denmark | 0.2 | 0.2 | 0.1 | 0.4 | 26.0% |
India | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
Others | 0.8 | 1.0 | 1.8 | 2.9 | 53.6% |
Total | 9.5 | 10.1 | 12.5 | 27.1 | 41.8% |
Top Export Markets for Phosphoric Acid from the UK in 2022:
- Ireland (9.5K tons)
- Netherlands (0.6K tons)
- Germany (0.4K tons)
- France (0.3K tons)
- Belgium (0.3K tons)
- Denmark (0.2K tons)
- India (0.2K tons)
This report provides an in-depth analysis of the phosphoric acid market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20132455 - Phosphoric acid and polyphosphoric acids
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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From December 2022 to October 2023, imports of Phosphoric Acid experienced consistent growth. In terms of value, imports of Phosphoric Acid reached $11M in October 2023.
Explore the top import markets for phosphoric acid globally and understand the key players driving the demand for this essential chemical compound.
In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids imports totaled $X in 2016. Overall, it indicated a notable growth from 2007 to 2016: the total imports value increa...
In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids exports totaled $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decre...
From December 2022 to October 2023, imports of Phosphoric Acid experienced consistent growth. In terms of value, imports of Phosphoric Acid reached $11M in October 2023.
Explore the top import markets for phosphoric acid globally and understand the key players driving the demand for this essential chemical compound.
In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids imports totaled $X in 2016. Overall, it indicated a notable growth from 2007 to 2016: the total imports value increa...
In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids exports totaled $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decre...