Sodium Triphosphate Price in Bolivia - 2023
Contents:
Sodium Triphosphate Price in Bolivia (CIF) - 2022
The average sodium triphosphate import price stood at $713 per ton in 2022, declining by -5.2% against the previous year. In general, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2014 an increase of 7.8%. As a result, import price attained the peak level of $1,163 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
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 ($2,111 per ton), while the price for Brazil stood at $635 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the prices for the other major suppliers experienced a decline.
Sodium Triphosphate Imports in Bolivia
In 2022, the amount of sodium triphosphate (sodium tripolyphosphates) imported into Bolivia skyrocketed to 1.5K tons, increasing by 30% on the year before. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 72%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, sodium triphosphate imports soared to $1.1M in 2022. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 68% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.
Import of Sodium Triphosphate in Bolivia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 536 | 363 | 673 | 896 | 18.7% |
China | 49.0 | 116 | 133 | 165 | 49.9% |
Others | 26.3 | 33.9 | 57.2 | 3.0 | -51.5% |
Total | 612 | 513 | 863 | 1,064 | 20.2% |
Top Suppliers of Sodium Triphosphate to Bolivia in 2022:
- Brazil (1412.1 tons)
- China (78.2 tons)
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