Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Latvia - 2023

Contents:

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

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

The average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $1,498 per ton in 2022, jumping by 23% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 53%. Over the period under review, average import prices reached the maximum at $2,508 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 ($2,140 per ton), while the price for Poland ($958 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses stood at $2,273 per ton in 2022, picking up by 107% against the previous year. Overall, the export price, however, saw a slight descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 196%. As a result, the export price reached the peak level of $2,679 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($2,632 per ton), while the average price for exports to Estonia ($1,052 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 Estonia (-0.4%), while the prices for the other major destinations experienced a decline.

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

For the fourth year in a row, Latvia recorded growth in supplies from abroad of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses, which increased by 58% to 635 tons in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses soared to $951K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Lithuania (408.2 tons)
2. Poland (113.9 tons)
3. China (102.4 tons)
4. Germany (4.5 tons)

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

In 2022, shipments abroad of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses increased by 480% to 135 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses skyrocketed to $307K in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Lithuania (88.4 tons)
2. Estonia (42.0 tons)
3. Germany (3.3 tons)

Source: IndexBox Market Intelligence Platform