Netherlands: Sodium Triphosphate Market 2024

Sodium Triphosphate Market Size in the Netherlands

The Dutch sodium triphosphate market rose notably to $X in 2021, surging by 7.3% against the previous year. Over the period under review, consumption saw a noticeable descent. Sodium triphosphate consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Sodium Triphosphate Production in the Netherlands

In value terms, sodium triphosphate production declined slightly to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 14% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Sodium Triphosphate Exports

Exports from the Netherlands

In 2021, overseas shipments of sodium triphosphate (sodium tripolyphosphates) were finally on the rise to reach X tons after two years of decline. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 98% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, sodium triphosphate exports surged to $X in 2021. In general, total exports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +7.8% against 2018 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 85%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Costa Rica (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of sodium triphosphate exports from the Netherlands, with a combined 58% share of total exports. France, Iceland, the United States, the UK, Denmark and Poland lagged somewhat behind, together comprising a further 38%.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +47.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sodium triphosphate exported from the Netherlands were Costa Rica ($X), Germany ($X) and Belgium ($X), with a combined 57% share of total exports. These countries were followed by Iceland, the United States, France, Denmark, the UK and Poland, which together accounted for a further 39%.

France, with a CAGR of +47.4%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sodium triphosphate export price stood at $X per ton in 2021, rising by 15% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 28%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Poland ($X per ton), while the average price for exports to the UK ($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 Turkey (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sodium Triphosphate Imports

Imports into the Netherlands

Sodium triphosphate imports into the Netherlands amounted to X tons in 2021, leveling off at 2020 figures. Over the period under review, imports, however, continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2019 when imports increased by 37% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, sodium triphosphate imports skyrocketed to $X in 2021. In general, imports, however, saw a noticeable decrease. The growth pace was the most rapid in 2019 with an increase of 25%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest sodium triphosphate supplier to the Netherlands, accounting for a 47% share of total imports. Moreover, sodium triphosphate imports from Belgium exceeded the figures recorded by the second-largest supplier, Tunisia (X tons), threefold. The third position in this ranking was held by Germany (X tons), with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium stood at -8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Tunisia (+16.8% per year) and Germany (+4.1% per year).

In value terms, Belgium ($X) constituted the largest supplier of sodium triphosphate to the Netherlands, comprising 50% of total imports. The second position in the ranking was held by Germany ($X), with a 22% share of total imports. It was followed by Tunisia, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Belgium stood at -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.3% per year) and Tunisia (+15.7% per year).

Import Prices by Country

The average sodium triphosphate import price stood at $X per ton in 2021, increasing by 17% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+12.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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