Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Australia - 2024

Contents:

1. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Australia (CIF) - 2024
2. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Australia (FOB) - 2022
3. Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Australia
4. Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Australia

Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Australia (CIF) - 2024

In January 2024, the average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $1,053 per ton, shrinking by -4.6% against the previous month. Overall, the import price continues to indicate a noticeable descent. The growth pace was the most rapid in August 2023 an increase of 84% m-o-m. Over the period under review, average import prices hit record highs at $1,467 per ton in February 2023; however, from March 2023 to January 2024, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was China ($1,059 per ton), while the price for Taiwan (Chinese) amounted to $872 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (-3.0%).

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

In 2022, the average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $2,046 per ton, with an increase of 21% against the previous year. Over the period under review, the export price, however, recorded a pronounced slump. The growth pace was the most rapid in 2021 when the average export price increased by 28%. Over the period under review, the average export prices attained the maximum at $3,195 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was New Caledonia ($3,371 per ton), while the average price for exports to Fiji ($1,320 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 New Caledonia (+10.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, supplies from abroad of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses decreased by -21.8% to 16K tons in 2022. Overall, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 when imports increased by 7.2%. As a result, imports attained the peak of 20K tons, and then declined remarkably in the following year.

In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses soared to $28M in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 40%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. China (13.9K tons)
2. Taiwan (Chinese) (0.8K tons)
3. Israel (0.6K tons)

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

In 2022, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses from Australia surged to 199 tons, jumping by 48% on the previous year's figure. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 59% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses surged to $407K in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Fiji (96.3 tons)
2. New Zealand (70.7 tons)
3. Papua New Guinea (20.7 tons)
4. New Caledonia (4.0 tons)

Source: IndexBox Market Intelligence Platform