Brazil - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBrazil's Imports of Sodium Triphosphate Plummet to $31 Million in 2023
Brazil Sodium Triphosphate Imports
In 2023, the amount of sodium triphosphate (sodium tripolyphosphates) imported into Brazil contracted sharply to 20K tons, with a decrease of -15.1% compared with the previous year's figure. Over the period under review, total imports indicated a prominent expansion from 2013 to 2023: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by +22.6% against 2014 indices. The pace of growth was the most pronounced in 2014 with an increase of 40% against the previous year. Imports peaked at 23K tons in 2022, and then contracted significantly in the following year.
In value terms, sodium triphosphate imports fell notably to $31M (IndexBox estimates) in 2023. Overall, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2022 with an increase of 102% against the previous year. As a result, imports attained the peak of $49M, and then contracted significantly in the following year.
| COUNTRY | Import Value of Sodium Triphosphate in Brazil (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| China | 8.8 | 13.3 | 10.7 | 11.8 | 14.2 | 11.2 | 14.8 | 16.0 | 17.2 | 41.9 | 27.8 |
| Belgium | 2.8 | 3.5 | 2.2 | 1.0 | 1.6 | 4.2 | 2.6 | 2.6 | 4.2 | 3.8 | 1.3 |
| Russia | N/A | N/A | N/A | N/A | 0.2 | 0.7 | 0.6 | 0.7 | 0.6 | 0.9 | 0.7 |
| Mexico | 1.1 | 1.8 | 1.0 | 0.6 | 0.5 | 0.6 | 0.4 | 0.5 | 0.5 | 0.4 | 0.4 |
| Others | 1.5 | 1.1 | 1.0 | 0.7 | 0.8 | 0.9 | 0.6 | 0.8 | 1.7 | 2.2 | 0.7 |
| Total | 14.2 | 19.7 | 14.9 | 14.1 | 17.2 | 17.6 | 19.1 | 20.5 | 24.3 | 49.2 | 30.8 |
Imports by Country
In 2023, China (18K tons) constituted the largest sodium triphosphate supplier to Brazil, with a 90% share of total imports. Moreover, sodium triphosphate imports from China exceeded the figures recorded by the second-largest supplier, Belgium (668 tons), more than tenfold. Russia (656 tons) ranked third in terms of total imports with a 3.3% share.
From 2013 to 2023, the average annual growth rate of volume from China stood at +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-10.1% per year) and Russia (+20.3% per year).
In value terms, China ($28M) constituted the largest supplier of sodium triphosphate (sodium tripolyphosphates) to Brazil, comprising 90% of total imports. The second position in the ranking was held by Belgium ($1.3M), with a 4.2% share of total imports. It was followed by Russia, with a 2.1% share.
From 2013 to 2023, the average annual growth rate of value from China amounted to +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-7.3% per year) and Russia (+27.7% per year).
Import Prices by Country
In 2023, the sodium triphosphate price stood at $1,563 per ton (CIF, Brazil), shrinking by -26.3% against the previous year. Overall, import price indicated a noticeable increase from 2013 to 2023: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, sodium triphosphate import price increased by +50.0% against 2020 indices. The pace of growth was the most pronounced in 2022 when the average import price increased by 66%. As a result, import price attained the peak level of $2,121 per ton, and then fell markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,942 per ton), while the price for Russia ($996 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the sodium triphosphate market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20134270 - Sodium triphosphate (sodium tripolyphosphates)
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
