Phosphorus Price in Iran - 2022
Contents:
Phosphorus Price in Iran (CIF) - 2022
The average phosphorus import price stood at $3,290 per ton in 2022, reducing by -16.3% against the previous year. Overall, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 80%. Over the period under review, average import prices hit record highs at $14,765 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 China ($23,586 per ton), while the price for India stood at $1,377 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.9%).
Phosphorus Imports in Iran
In 2022, the amount of phosphori imported into Iran skyrocketed to 17 tons, increasing by 35% against 2021 figures. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 75% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, phosphorus imports rose significantly to $56K in 2022. The total import value increased at an average annual rate of +13.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 13%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Phosphorus in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.8 | 20.0 | 26.4 | 34.0 | 31.9% |
| India | 23.1 | 23.0 | 22.4 | 21.3 | -2.7% |
| Others | 0.6 | 0.6 | 0.6 | 0.6 | 0.0% |
| Total | 38.4 | 43.6 | 49.4 | 55.9 | 13.3% |
Top Suppliers of Phosphorus to Iran in 2022:
- India (15.5 tons)
- China (1.4 tons)
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