Phosphates (Excluding Calcium Hydrogenorthophosphate And Mono- Or Disodium Phosphate); Polyphosphates (Excluding Sodium Triphosp

China Phosphates (Excluding Calcium Hydrogenorthophosphate And Mono- Or Disodium Phosphate); Polyphosphates (Excluding Sodium Triphosphate) Export Price in September 2022

In September 2022, the phosphates (excluding calcium hydrogenorthophosphate and mono- or disodium phosphate); polyphosphates (excluding sodium triphosphate) price stood at $1,409 per ton (FOB, China), waning by -8.1% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 when the average export price increased by 11% against the previous month. The export price peaked at $1,590 per ton in July 2022; however, from August 2022 to September 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($2,194 per ton), while the average price for exports to Vietnam ($777 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

China Phosphates (Excluding Calcium Hydrogenorthophosphate And Mono- Or Disodium Phosphate); Polyphosphates (Excluding Sodium Triphosphate) Exports

In September 2022, overseas shipments of phosphates (excluding calcium hydrogenorthophosphate and mono- or disodium phosphate); polyphosphates (excluding sodium triphosphate) decreased by -16% to 59K tons, falling for the fourth consecutive month after three months of growth. In general, exports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in March 2022 with an increase of 48% m-o-m. Over the period under review, the exports of hit record highs at 85K tons in May 2022; however, from June 2022 to September 2022, the exports stood at a somewhat lower figure.

In value terms, exports of phosphates (excluding calcium hydrogenorthophosphate and mono- or disodium phosphate); polyphosphates (excluding sodium triphosphate) fell significantly to $83M (IndexBox estimates) in September 2022. Over the period under review, exports recorded a noticeable decline. The pace of growth appeared the most rapid in March 2022 with an increase of 42% month-to-month. The exports peaked at 130K tons in May 2022; however, from June 2022 to September 2022, the exports stood at a somewhat lower figure.

China Phosphates (Excluding Calcium Hydrogenorthophosphate And Mono- Or Disodium Phosphate); Polyphosphates (Excluding Sodium Triphosphate) Exports by Country

Vietnam (4.1K tons), the Philippines (3.7K tons) and Mexico (3.5K tons) were the main destinations of exports of phosphates (excluding calcium hydrogenorthophosphate and mono- or disodium phosphate); polyphosphates (excluding sodium triphosphate) from China, together comprising 19% of total exports.

From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +2.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for phosphates (excluding calcium hydrogenorthophosphate and mono- or disodium phosphate); polyphosphates (excluding sodium triphosphate) exported from China were Mexico ($6.3M), India ($5M) and Russia ($3.7M), with a combined 18% share of total exports.

Mexico, with a CAGR of +1.8%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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