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

Contents:

  1. Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Pakistan (CIF) - 2023
  2. Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Pakistan

Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Pakistan (CIF) - 2023

In July 2023, the average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $525 per ton, reducing by -16.4% against the previous month. In general, the import price recorded a abrupt slump. The growth pace was the most rapid in January 2023 when the average import price increased by 159% m-o-m. As a result, import price attained the peak level of $1,644 per ton. From February 2023 to July 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($1,085 per ton), while the price for Morocco totaled $516 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (-4.7%).

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

For the fourth year in a row, Pakistan recorded growth in overseas purchases of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses, which increased by 4.7% to 744K tons in 2022. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 183%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses skyrocketed to $705M in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 88% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco27922141768334.8%
Others7.18.113.422.546.9%
Total28622943170535.1%

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

  1. Morocco (730.5K tons)

Source: IndexBox Market Intelligence Platform

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