Northern America - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorthern America: Sodium Triphosphate Market 2024
Sodium Triphosphate Market Size in Northern America
In 2022, the North American sodium triphosphate market increased by 17% to $X, rising for the second consecutive year after two years of decline. Overall, consumption showed a mild increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Sodium Triphosphate Production in Northern America
In value terms, sodium triphosphate production reached $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by 6.7%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.
Sodium Triphosphate Exports
Exports in Northern America
After three years of decline, overseas shipments of sodium triphosphate (sodium tripolyphosphates) increased by 13% to X tons in 2022. In general, exports recorded a relatively flat trend pattern. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.
In value terms, sodium triphosphate exports soared to $X in 2022. The total export value increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Canada represented the major exporter of sodium triphosphate (sodium tripolyphosphates) in Northern America, with the volume of exports recording X tons, which was near 85% of total exports in 2022. It was distantly followed by the United States (X tons), making up a 15% share of total exports.
Canada experienced a relatively flat trend pattern with regard to volume of exports of sodium triphosphate (sodium tripolyphosphates). The United States (-1.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Canada increased by +3.7 percentage points.
In value terms, Canada ($X) remains the largest sodium triphosphate supplier in Northern America, comprising 79% of total exports. The second position in the ranking was taken by the United States ($X), with a 21% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value in Canada stood at +2.9%.
Export Prices by Country
In 2022, the export price in Northern America amounted to $X per ton, picking up by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.8%).
Sodium Triphosphate Imports
Imports in Northern America
In 2022, purchases abroad of sodium triphosphate (sodium tripolyphosphates) increased by 9.8% to X tons, rising for the second consecutive year after two years of decline. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 14%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, sodium triphosphate imports skyrocketed to $X in 2022. Total imports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
The United States dominates imports structure, resulting at X tons, which was approx. 92% of total imports in 2022. It was distantly followed by Canada (X tons), creating an 8.4% share of total imports.
The United States experienced a relatively flat trend pattern with regard to volume of imports of sodium triphosphate (sodium tripolyphosphates). Canada experienced a relatively flat trend pattern. The shares of the largest importers remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported sodium triphosphate (sodium tripolyphosphates) in Northern America, comprising 88% of total imports. The second position in the ranking was taken by Canada ($X), with a 12% share of total imports.
In the United States, sodium triphosphate imports expanded at an average annual rate of +1.4% over the period from 2012-2022.
Import Prices by Country
In 2022, the import price in Northern America amounted to $X per ton, increasing by 34% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.8%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the sodium triphosphate market in Northern America. 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:
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Northern America, split by region and country
- Trade (exports and imports) in Northern America
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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