CIS: Dicalcium Phosphate Market 2024

Dicalcium Phosphate Market Size in CIS

In 2023, the CIS dicalcium phosphate market decreased by X% to $X, falling for the second year in a row after two years of growth. The total consumption indicated prominent growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market reached the peak level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Dicalcium Phosphate Production in CIS

In value terms, dicalcium phosphate production reached $X in 2023 estimated in export price. In general, production, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Dicalcium Phosphate Exports

Exports in CIS

In 2023, approx. X tons of calcium hydrogenorthophosphate (dicalcium phosphate) were exported in the CIS; with a decrease of X% on 2022. Overall, exports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, dicalcium phosphate exports contracted to $X in 2023. Over the period under review, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Russia was the key exporter of calcium hydrogenorthophosphate (dicalcium phosphate) in the CIS, with the volume of exports recording X tons, which was approx. X% of total exports in 2023. It was distantly followed by Armenia (X tons), generating a X% share of total exports.

Exports from Russia decreased at an average annual rate of X% from 2012 to 2023. Armenia experienced a relatively flat trend pattern. From 2012 to 2023, the share of Armenia increased by X percentage points.

In value terms, Russia ($X) remains the largest dicalcium phosphate supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Armenia ($X), with a X% share of total exports.

In Russia, dicalcium phosphate exports declined by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per ton, waning by X% against the previous year. In general, the export price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2023, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Armenia amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%).

Dicalcium Phosphate Imports

Imports in CIS

In 2023, purchases abroad of calcium hydrogenorthophosphate (dicalcium phosphate) decreased by X% to X tons, falling for the fourth year in a row after three years of growth. Over the period under review, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, dicalcium phosphate imports totaled $X in 2023. Overall, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Azerbaijan (X tons) and Russia (X tons) represented the major importers of calcium hydrogenorthophosphate (dicalcium phosphate) in 2023, finishing at approx. X% and X% of total imports, respectively. It was distantly followed by Armenia (X tons), committing a X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Armenia (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Russia ($X) constitutes the largest market for imported calcium hydrogenorthophosphate (dicalcium phosphate) in the CIS, comprising X% of total imports. The second position in the ranking was taken by Azerbaijan ($X), with an X% share of total imports.

In Russia, dicalcium phosphate imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Azerbaijan (X% per year) and Armenia (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2023, increasing by X% against the previous year. In general, the import price posted a prominent expansion. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Russia ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform