Report Update Nov 1, 2024

Belarus - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Sodium Triphosphate Market 2024

Sodium Triphosphate Market Size in Belarus

In 2022, the Belarusian sodium triphosphate market increased by 24% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, continues to indicate a abrupt contraction. Sodium triphosphate consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Sodium Triphosphate Exports

Exports from Belarus

In 2022, sodium triphosphate exports from Belarus rose significantly to X tons, increasing by 6.8% compared with the previous year's figure. In general, exports posted a prominent increase. The growth pace was the most rapid in 2020 when exports increased by 6,791%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, sodium triphosphate exports rose remarkably to $X in 2022. Over the period under review, exports recorded a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 11,462% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X tons) was the main destination for sodium triphosphate exports from Belarus, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Egypt totaled +9.7%.

In value terms, Egypt ($X) also remains the key foreign market for sodium triphosphate (sodium tripolyphosphates) exports from Belarus.

From 2012 to 2022, the average annual growth rate of value to Egypt amounted to +9.6%.

Export Prices by Country

In 2022, the average sodium triphosphate export price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 68% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Egypt.

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to -0.1% per year.

Sodium Triphosphate Imports

Imports into Belarus

In 2022, supplies from abroad of sodium triphosphate (sodium tripolyphosphates) increased by 3.8% to X tons, rising for the third year in a row after two years of decline. In general, imports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2017 when imports increased by 87%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, sodium triphosphate imports surged to $X in 2022. Over the period under review, imports, however, saw a deep downturn. The pace of growth was the most pronounced in 2017 when imports increased by 62% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest sodium triphosphate supplier to Belarus, accounting for a 66% share of total imports. Moreover, sodium triphosphate imports from Russia exceeded the figures recorded by the second-largest supplier, Kazakhstan (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled -7.0%.

In value terms, Russia ($X) constituted the largest supplier of sodium triphosphate (sodium tripolyphosphates) to Belarus, comprising 71% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 22% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Russia stood at -6.0%.

Import Prices by Country

The average sodium triphosphate import price stood at $X per ton in 2022, jumping by 28% against the previous year. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Kazakhstan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sodium triphosphate (sodium tripolyphosphates) in the world?

The country with the largest volume of sodium triphosphate consumption was China, accounting for 38% of total volume. Moreover, sodium triphosphate consumption in China exceeded the figures recorded by the second-largest consumer, Tunisia, fourfold. Kazakhstan ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of sodium triphosphate (sodium tripolyphosphates) in the world?

China remains the largest sodium triphosphate producing country worldwide, accounting for 52% of total volume. Moreover, sodium triphosphate production in China exceeded the figures recorded by the second-largest producer, Tunisia, fourfold. The third position in this ranking was occupied by Belgium, with a 9.8% share.

What are the leading suppliers of sodium triphosphate (sodium tripolyphosphates) to Belarus?

In value terms, Russia constituted the largest supplier of sodium triphosphate to Belarus, comprising 83% of total imports. The second position in the ranking was occupied by Kazakhstan, with a 10% share of total imports.

What is the average export price for sodium triphosphate (sodium tripolyphosphates) in Belarus?

In 2021, the average sodium triphosphate export price amounted to $1,001 per ton, shrinking by -50% against the previous year.

What is the average import price for sodium triphosphate (sodium tripolyphosphates) in Belarus?

In 2021, the average sodium triphosphate import price amounted to $912 per ton, rising by 7.6% against the previous year.

This report provides an in-depth analysis of the sodium triphosphate market in Belarus. 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:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023