Report Update Nov 1, 2024

Pakistan - Phosphoric Acid and Polyphosphoric Acids - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Phosphoric Acid Market 2024

Phosphoric Acid Market Size in Pakistan

The Pakistani phosphoric acid market soared to $X in 2022, jumping by 35% 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). Over the period under review, consumption enjoyed buoyant growth. Phosphoric acid consumption peaked in 2022 and is likely to see steady growth in years to come.

Phosphoric Acid Exports

Exports from Pakistan

Phosphoric acid exports from Pakistan expanded to X kg in 2022, surging by 5% against the year before. In general, exports, however, saw a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, phosphoric acid exports reached $X in 2022. Over the period under review, exports, however, faced a precipitous contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 24% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Afghanistan (X kg) and Ethiopia (X kg) were the main destinations of phosphoric acid exports from Pakistan.

From 2012 to 2022, the biggest increases were recorded for Ethiopia (with a CAGR of +61.5%).

In value terms, Afghanistan ($X) remains the key foreign market for phosphoric acid and polyphosphoric acids exports from Pakistan, comprising 94% of total exports. The second position in the ranking was taken by Ethiopia ($X), with a 6.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Afghanistan amounted to -32.6%.

Export Prices by Country

In 2022, the average phosphoric acid export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2015 when the average export price increased by 11%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Afghanistan ($X per ton), while the average price for exports to Ethiopia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+2.5%).

Phosphoric Acid Imports

Imports into Pakistan

For the third year in a row, Pakistan recorded growth in overseas purchases of phosphoric acid and polyphosphoric acids, which increased by 2.9% to X tons in 2022. In general, imports recorded a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by 183% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, phosphoric acid imports skyrocketed to $X in 2022. Overall, imports recorded resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Morocco (X tons) was the main supplier of phosphoric acid to Pakistan, accounting for a 95% share of total imports. It was followed by France (X tons), with a 3% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Morocco amounted to +9.5%.

In value terms, Morocco ($X) constituted the largest supplier of phosphoric acid and polyphosphoric acids to Pakistan, comprising 95% of total imports. The second position in the ranking was taken by France ($X), with a 2.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Morocco amounted to +10.1%.

Import Prices by Country

The average phosphoric acid import price stood at $X per ton in 2022, rising by 74% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Morocco ($X per ton), while the price for France stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+0.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for phosphoric acid and polyphosphoric acids in the world?

The countries with the highest volumes of in 2021 were India, Russia and China, together comprising 65% of global consumption.

What are the largest producers of phosphoric acid and polyphosphoric acids in the world?

The countries with the highest volumes of in 2021 were China, Russia and Morocco, with a combined 68% share of global production. These countries were followed by the United States, Jordan, Japan, Senegal, Egypt and Mexico, which together accounted for a further 17%.

What are the leading suppliers of phosphoric acid and polyphosphoric acids to Pakistan?

In value terms, Morocco constituted the largest supplier of phosphoric acid to Pakistan.

What are the leading importers of phosphoric acid and polyphosphoric acids from Pakistan?

In value terms, Afghanistan $530) remains the key foreign market for phosphoric acid exports from Pakistan.

What is the average export price for phosphoric acid and polyphosphoric acids in Pakistan?

The average phosphoric acid export price stood at $1,100 per ton in 2021, almost unchanged from the previous year.

What is the average import price for phosphoric acid and polyphosphoric acids in Pakistan?

In 2021, the average phosphoric acid import price amounted to $599 per ton, which is down by -34.2% against the previous year.

This report provides an in-depth analysis of the phosphoric acid market in Pakistan. 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 20132455 - Phosphoric acid and polyphosphoric acids

Country coverage:

Pakistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Pakistan
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023