Price for Phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphates in the United States - 2023
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United States (CIF) - 2023
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United States (FOB) - 2022
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United States
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United States
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United States (CIF) - 2023
In December 2023, the average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $2,858 per ton, growing by 64% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average import price increased by 80% m-o-m. As a result, import price reached the peak level of $3,077 per ton. From July 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($4,601 per ton), while the price for China ($1,632 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Mexico (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United States (FOB) - 2022
In 2022, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,574 per ton, increasing by 42% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.2% 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 phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses increased by +95.3% 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 Germany ($4,332 per ton), while the average price for exports to Thailand ($361 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 Mexico (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United States
Imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses into the United States shrank remarkably to 252K tons in 2022, which is down by -18.8% on 2021 figures. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 5.3% against the previous year. As a result, imports attained the peak of 310K tons, and then contracted significantly in the following year.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses skyrocketed to $551M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.0% 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 +63.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. 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 Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 55.1 | 40.3 | 61.9 | 106 | 24.4% |
| Canada | 59.9 | 59.1 | 64.8 | 77.9 | 9.2% |
| Germany | 43.1 | 36.4 | 47.5 | 58.6 | 10.8% |
| Mexico | 23.4 | 21.6 | 27.8 | 43.5 | 23.0% |
| Japan | 24.6 | 38.0 | 42.2 | 41.1 | 18.7% |
| Israel | 13.9 | 21.6 | 24.2 | 33.4 | 33.9% |
| Thailand | 17.1 | 15.2 | 17.8 | 33.3 | 24.9% |
| Belgium | 18.4 | 14.7 | 21.1 | 31.6 | 19.8% |
| Russia | 55.8 | 44.7 | 69.7 | 31.2 | -17.6% |
| France | 16.8 | 16.0 | 20.9 | 23.3 | 11.5% |
| Lithuania | N/A | N/A | 0.1 | 10.2 | 10100.0% |
| Others | 25.4 | 30.3 | 35.0 | 61.2 | 34.1% |
| Total | 354 | 338 | 433 | 551 | 15.9% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to the United States in 2022:
- Russia (46.7K tons)
- Japan (43.9K tons)
- Canada (33.6K tons)
- China (32.1K tons)
- Mexico (16.2K tons)
- Germany (15.7K tons)
- Israel (11.3K tons)
- Belgium (11.3K tons)
- Thailand (10.3K tons)
- Lithuania (7.9K tons)
- France (5.5K tons)
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United States
Exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses from the United States declined to 257K tons in 2022, which is down by -3.6% on 2021. Over the period under review, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 5.4% against the previous year.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $405M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 39.3 | 39.8 | 53.3 | 76.8 | 25.0% |
| Mexico | 33.0 | 33.4 | 35.4 | 53.9 | 17.8% |
| Germany | 13.7 | 16.3 | 17.6 | 24.4 | 21.2% |
| Singapore | 9.7 | 11.3 | 18.0 | 21.5 | 30.4% |
| Dominican Republic | 6.0 | 5.0 | 9.8 | 17.6 | 43.1% |
| Malaysia | 11.0 | 8.7 | 7.8 | 13.4 | 6.8% |
| Colombia | 14.4 | 8.9 | 14.4 | 13.0 | -3.4% |
| Brazil | 20.4 | 6.0 | 7.2 | 10.2 | -20.6% |
| Japan | 5.4 | 4.7 | 5.6 | 8.3 | 15.4% |
| Cuba | 8.8 | 4.4 | 8.0 | 6.8 | -8.2% |
| Guatemala | 4.2 | 3.4 | 3.8 | 4.9 | 5.3% |
| Thailand | 16.5 | 10.5 | 6.7 | 4.0 | -37.6% |
| Costa Rica | 2.2 | 2.3 | 2.6 | 3.2 | 13.3% |
| Others | 99.9 | 94.5 | 105 | 147 | 13.7% |
| Total | 284 | 249 | 296 | 405 | 12.6% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from the United States in 2022:
- Canada (48.0K tons)
- Mexico (27.1K tons)
- Malaysia (22.4K tons)
- Dominican Republic (18.7K tons)
- Cuba (15.5K tons)
- Colombia (12.9K tons)
- Guatemala (11.5K tons)
- Brazil (11.3K tons)
- Thailand (11.2K tons)
- Singapore (9.7K tons)
- Costa Rica (5.8K tons)
- Germany (5.6K tons)
- Japan (5.2K tons)
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