Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Indonesia - 2022

Contents:

1. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Indonesia (CIF) - 2022
2. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Indonesia (FOB) - 2022
3. Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Indonesia
4. Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Indonesia

Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Indonesia (CIF) - 2022

In March 2022, the average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $1,681 per ton, waning by -9.6% against the previous month. In general, the import price, however, posted a buoyant increase. The growth pace was the most rapid in June 2021 an increase of 78% month-to-month. Over the period under review, average import prices hit record highs at $2,395 per ton in November 2021; however, from December 2021 to March 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the highest price was recorded for prices from Malaysia ($2,027 per ton) and Vietnam ($1,855 per ton), while the price for Morocco ($1,650 per ton) and China ($1,698 per ton) were amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Indonesia (FOB) - 2022

The average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $602 per ton in 2022, dropping by -46.7% against the previous year. In general, the export price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2013 an increase of 78% against the previous year. Over the period under review, the average export prices attained the maximum at $4,006 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($16,993 per ton), while the average price for exports to Timor-Leste stood at $172 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+25.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Indonesia

After three years of growth, purchases abroad of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses decreased by -34.5% to 64K tons in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, imports attained the peak of 97K tons, and then reduced sharply in the following year.

In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $97M in 2022. Overall, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids to Indonesia in 2022:

1. China (40.2K tons)
2. Vietnam (11.6K tons)
3. Morocco (10.1K tons)
4. Malaysia (1.7K tons)

Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Indonesia

Exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses from Indonesia reduced notably to 12 tons in 2022, shrinking by -88.5% on 2021 figures. In general, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year.

In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses reduced markedly to $7.1K in 2022. Overall, exports faced a sharp descent. The growth pace was the most rapid in 2021 when exports increased by 88%.

Top Export Markets for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids from Indonesia in 2022:

1. Timor-Leste (11.4 tons)
2. India (0.3 tons)

Source: IndexBox Market Intelligence Platform