EU: Diphosphorus Pentaoxide Market 2024

Diphosphorus Pentaoxide Market Size in the EU

In 2022, the EU diphosphorus pentaoxide market increased by 74% to $X, rising for the second year in a row after two years of decline. In general, consumption enjoyed a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Diphosphorus Pentaoxide Production in the EU

In value terms, diphosphorus pentaoxide production expanded significantly to $X in 2022 estimated in export price. Overall, production enjoyed a prominent expansion. The growth pace was the most rapid in 2015 with an increase of 326%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Diphosphorus Pentaoxide Exports

Exports in the EU

In 2022, overseas shipments of diphosphorus pentaoxide were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed mild growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, diphosphorus pentaoxide exports skyrocketed to $X in 2022. Over the period under review, exports showed mild growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, the Netherlands (X tons) was the largest exporter of diphosphorus pentaoxide, mixing up 60% of total exports. Belgium (X tons) took the second position in the ranking, followed by Germany (X tons) and Spain (X tons). All these countries together held approx. 39% share of total exports.

The Netherlands was also the fastest-growing in terms of the diphosphorus pentaoxide exports, with a CAGR of +32.4% from 2012 to 2022. Spain (-6.2%), Belgium (-7.2%) and Germany (-8.7%) illustrated a downward trend over the same period. While the share of the Netherlands (+56 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Spain (-5.9 p.p.), Belgium (-23.3 p.p.) and Germany (-27.7 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) emerged as the largest diphosphorus pentaoxide supplier in the European Union, comprising 50% of total exports. The second position in the ranking was taken by Germany ($X), with a 25% share of total exports. It was followed by Belgium, with a 15% share.

In the Netherlands, diphosphorus pentaoxide exports expanded at an average annual rate of +49.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-5.1% per year) and Belgium (-8.3% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, rising by 6.1% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by 17% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.8%), while the other leaders experienced more modest paces of growth.

Diphosphorus Pentaoxide Imports

Imports in the EU

Diphosphorus pentaoxide imports soared to X tons in 2022, jumping by 45% on the year before. Over the period under review, imports recorded a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, diphosphorus pentaoxide imports soared to $X in 2022. Overall, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons) and Germany (X tons) represented the largest importers of diphosphorus pentaoxide in 2022, reaching near 33% and 30% of total imports, respectively. It was distantly followed by Spain (X tons) and Italy (X tons), together comprising a 26% share of total imports. France (X tons), Belgium (X tons) and Denmark (X tons) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Netherlands (with a CAGR of +42.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported diphosphorus pentaoxide in the European Union, comprising 43% of total imports. The second position in the ranking was held by Spain ($X), with an 18% share of total imports. It was followed by the Netherlands, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany totaled +19.7%. In the other countries, the average annual rates were as follows: Spain (+13.3% per year) and the Netherlands (+36.4% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, jumping by 35% against the previous year. Import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, diphosphorus pentaoxide import price increased by +77.7% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Denmark ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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