Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Sri Lanka - 2022
Contents:
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Sri Lanka (CIF) - 2022
- Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Sri Lanka
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Sri Lanka (CIF) - 2022
In 2022, the average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $3,628 per ton, with an increase of 63% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s increased by +129.4% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 India ($11,154 per ton), while the price for China ($2,354 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Sri Lanka
In 2022, purchases abroad of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s decreased by -0.6% to 263 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a deep reduction. The growth pace was the most rapid in 2020 with an increase of 2.3%. As a result, imports reached the peak of 319 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s skyrocketed to $956K in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 176 | 144 | 75.1 | 321 | 22.2% |
| Germany | 83.6 | 157 | 118 | 226 | 39.3% |
| Thailand | 157 | 96.1 | 84.8 | 177 | 4.1% |
| India | 103 | 54.5 | 42.3 | 175 | 19.3% |
| France | 18.0 | 22.3 | 24.8 | 54.9 | 45.0% |
| Israel | 21.3 | 16.8 | 12.6 | N/A | -23.1% |
| Others | 86.9 | 234 | 233 | 1.9 | -72.0% |
| Total | 646 | 725 | 591 | 956 | 14.0% |
Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Sri Lanka in 2022:
- China (136.4 tons)
- Thailand (61.9 tons)
- Germany (40.4 tons)
- India (15.7 tons)
- France (8.4 tons)
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