Puerto Rico: Sodium Phosphates Market 2024

Sodium Phosphates Market Size in Puerto Rico

The Puerto Rican sodium phosphates market stood at less than $X in 2021, standing approx. at 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). Overall, consumption saw a relatively flat trend pattern.

Sodium Phosphates Exports

Exports from Puerto Rico

In 2021, exports of phosphates of mono- or di-sodium from Puerto Rico totaled less than X kg, almost unchanged from the previous year. In general, exports saw a relatively flat trend pattern.

In value terms, sodium phosphates exports stood at less than $X in 2021. Overall, exports saw a relatively flat trend pattern.

Exports by Country

China represented the largest exporting country with an export of about X tons, which amounted to 39% of total exports. Germany (X tons) held the second position in the ranking, distantly followed by France (X tons), Thailand (X tons), the United States (X tons) and Sweden (X tons). All these countries together took approx. 41% share of total exports. The following exporters - South Africa (X tons), Mexico (X tons), the Netherlands (X tons) and Pakistan (X tons) - together made up 8% of total exports.

From 2012 to 2021, average annual rates of growth with regard to sodium phosphates exports from China stood at +7.7%. At the same time, Mexico (+16.2%), South Africa (+8.4%), the United States (+5.9%) and Thailand (+5.7%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of +16.2% from 2012-2021. Germany experienced a relatively flat trend pattern. By contrast, the Netherlands (-2.8%), France (-2.9%), Pakistan (-30.8%) and Sweden (-37.8%) illustrated a downward trend over the same period. While the share of China (+18 p.p.), the United States (+2.8 p.p.), Thailand (+2.7 p.p.), South Africa (+1.8 p.p.) and Mexico (+1.7 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of France (-2.7 p.p.), Sweden (-6.3 p.p.) and Pakistan (-13.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sodium phosphates supplying countries from Puerto Rico were Germany ($X), China ($X) and the United States ($X), together accounting for 67% of total exports. These countries were followed by France, Thailand, the Netherlands, Mexico, South Africa, Sweden and Pakistan, which together accounted for a further 17%.

Mexico, with a CAGR of +13.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, remaining relatively unchanged against the previous year. In general, the export price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+12.5%), while the other leaders experienced more modest paces of growth.

Sodium Phosphates Imports

Imports into Puerto Rico

In 2021, sodium phosphates imports into Puerto Rico stood at less than X kg, remaining constant against the year before. In general, imports recorded a relatively flat trend pattern.

In value terms, sodium phosphates imports totaled less than $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X tons), followed by Thailand (X tons), Indonesia (X tons) and Kenya (X tons) were the main importers of phosphates of mono- or di-sodium, together mixing up 36% of total imports. The following importers - Poland (X tons), Malaysia (X tons), the Philippines (X tons), South Korea (X tons), the Netherlands (X tons), Denmark (X tons), Canada (X tons), Germany (X tons) and the UK (X tons) - together made up 28% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by South Korea (with a CAGR of +24.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported phosphates of mono- or di-sodium into Puerto Rico, comprising 14% of global imports. The second position in the ranking was held by Thailand ($X), with a 6.1% share of global imports. It was followed by Indonesia, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States stood at +2.7%. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (+12.1% per year) and Indonesia (+15.6% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, approximately equating the previous year. In general, the import price showed a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Denmark ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kenya (+6.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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