China: Market for Phosphorus, Arsenic And Selenium 2024

Market Size for Phosphorus, Arsenic And Selenium in China

The Chinese phosphorus, arsenic and selenium market amounted to $X in 2021, leveling off at the previous year. The market value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Phosphorus, Arsenic And Selenium in China

In value terms, phosphorus, arsenic and selenium production totaled $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 23% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Exports of Phosphorus, Arsenic And Selenium

Exports from China

After seven years of decline, shipments abroad of phosphorus, arsenic and selenium increased by 11% to X tons in 2021. In general, exports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 43% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, phosphorus, arsenic and selenium exports expanded rapidly to $X in 2021. Over the period under review, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of 53% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

India (X tons), the United States (X tons) and Pakistan (X tons) were the main destinations of phosphorus, arsenic and selenium exports from China, with a combined 47% share of total exports. The Netherlands, Russia, Turkey, Chile, Indonesia, Italy, Canada, South Korea, Brazil and Spain lagged somewhat behind, together comprising a further 34%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +28.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), the United States ($X) and Pakistan ($X) constituted the largest markets for phosphorus, arsenic and selenium exported from China worldwide, with a combined 19% share of total exports. These countries were followed by India, Chile, South Korea, Italy, Canada, Brazil, Turkey, Indonesia, the Netherlands and Spain, which together accounted for a further 23%.

Among the main countries of destination, Canada, with a CAGR of +12.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average phosphorus, arsenic and selenium export price stood at $X per ton in 2021, remaining constant against the previous year. Overall, the export price, however, recorded a slight curtailment. The pace of growth was the most pronounced in 2018 an increase of 87% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Phosphorus, Arsenic And Selenium

Imports into China

In 2021, the amount of phosphorus, arsenic and selenium imported into China skyrocketed to X tons, increasing by 25% against 2020. In general, imports continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2017 with an increase of 639%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, phosphorus, arsenic and selenium imports soared to $X in 2021. Overall, imports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of 172% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Vietnam (X tons), Canada (X tons) and Japan (X tons) were the main suppliers of phosphorus, arsenic and selenium imports to China, together accounting for 68% of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +65.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of phosphorus, arsenic and selenium to China, comprising 40% of total imports. The second position in the ranking was held by Canada ($X), with a 16% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Japan amounted to -12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-11.2% per year) and Germany (-7.8% per year).

Import Prices by Country

The average phosphorus, arsenic and selenium import price stood at $X per ton in 2021, surging by 11% against the previous year. Overall, the import price, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2016 an increase of 89% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+33.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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