Pakistan: Dicalcium Phosphate Market 2024

Dicalcium Phosphate Market Size in Pakistan

The Pakistani dicalcium phosphate market surged to $X in 2021, growing by 45% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Dicalcium Phosphate Exports

Exports from Pakistan

After seven years of growth, shipments abroad of calcium hydrogenorthophosphate (dicalcium phosphate) decreased by -85.1% to X tons in 2021. Over the period under review, exports, however, continue to indicate a temperate expansion. The growth pace was the most rapid in 2019 with an increase of 20,254% against the previous year. The exports peaked at X tons in 2020, and then dropped significantly in the following year.

In value terms, dicalcium phosphate exports contracted remarkably to $X in 2021. Overall, exports showed a perceptible decrease. The pace of growth appeared the most rapid in 2019 when exports increased by 28,100% against the previous year. The exports peaked at $X in 2020, and then fell notably in the following year.

Exports by Country

Afghanistan (X tons) was the main destination for dicalcium phosphate exports from Pakistan, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Afghanistan totaled +346.4%.

In value terms, Afghanistan ($X) also remains the key foreign market for calcium hydrogenorthophosphate (dicalcium phosphate) exports from Pakistan.

From 2012 to 2021, the average annual growth rate of value to Afghanistan totaled +365.3%.

Export Prices by Country

In 2021, the average dicalcium phosphate export price amounted to $X per ton, dropping by -7.9% against the previous year. Overall, the export price saw a drastic downturn. The growth pace was the most rapid in 2019 an increase of 39%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, 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 Afghanistan.

From 2012 to 2021, the rate of growth in terms of prices for Afghanistan amounted to +4.2% per year.

Dicalcium Phosphate Imports

Imports into Pakistan

In 2021, overseas purchases of calcium hydrogenorthophosphate (dicalcium phosphate) increased by 24% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports, however, showed a mild reduction. The pace of growth was the most pronounced in 2016 when imports increased by 45% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, dicalcium phosphate imports surged to $X in 2021. Overall, total imports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +30.9% against 2018 indices. The pace of growth was the most pronounced in 2016 when imports increased by 55%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of dicalcium phosphate to Pakistan, with a 85% share of total imports. Moreover, dicalcium phosphate imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), more than tenfold. The third position in this ranking was taken by Vietnam (X tons), with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-2.1% per year) and Vietnam (+99.6% per year).

In value terms, China ($X) constituted the largest supplier of calcium hydrogenorthophosphate (dicalcium phosphate) to Pakistan, comprising 84% of total imports. The second position in the ranking was taken by Japan ($X), with a 4.9% share of total imports. It was followed by Vietnam, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+2.5% per year) and Vietnam (+77.3% per year).

Import Prices by Country

In 2021, the average dicalcium phosphate import price amounted to $X per ton, reducing by -5.9% against the previous year. Over the period under review, the import price, however, showed a temperate expansion. The pace of growth appeared the most rapid in 2013 an increase of 54% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Japan ($X per ton) and the United States ($X per ton), while the price for Vietnam ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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