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Report Southern Asia - Phosphoric Acid and Polyphosphoric Acids - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Southern Asia: Phosphoric Acid Market 2024

Phosphoric Acid Market Size in Southern Asia

The South Asian phosphoric acid market fell sharply to $X in 2022, waning by -34.6% against the previous year. Overall, consumption, however, saw strong growth. As a result, consumption attained the peak level of $X, and then shrank dramatically in the following year.

Phosphoric Acid Production in Southern Asia

In value terms, phosphoric acid production stood at $X in 2022 estimated in export price. Overall, production, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 29%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Phosphoric Acid Exports

Exports in Southern Asia

Phosphoric acid exports skyrocketed to X tons in 2022, picking up by 274% against 2021 figures. Over the period under review, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 434%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, phosphoric acid exports surged to $X in 2022. Overall, exports, however, continue to indicate a noticeable shrinkage. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from India (X tons), together finishing at 99.9% of total export.

India was also the fastest-growing in terms of the phosphoric acid and polyphosphoric acids exports, with a CAGR of -17.3% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest phosphoric acid supplier in Southern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at -4.0%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, picking up by 16% against the previous year. Overall, the export price recorded resilient growth. The pace of growth appeared the most rapid in 2016 an increase of 223% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +16.0% per year.

Phosphoric Acid Imports

Imports in Southern Asia

In 2022, the amount of phosphoric acid and polyphosphoric acids imported in Southern Asia contracted remarkably to X tons, with a decrease of -55.7% on 2021 figures. Overall, imports, however, posted a tangible increase. The growth pace was the most rapid in 2021 with an increase of 168% against the previous year. As a result, imports attained the peak of X tons, and then declined rapidly in the following year.

In value terms, phosphoric acid imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

India represented the largest importing country with an import of about X tons, which finished at 76% of total imports. It was distantly followed by Pakistan (X tons), mixing up a 22% share of total imports. Bangladesh (X tons) followed a long way behind the leaders.

Imports into India increased at an average annual rate of +2.3% from 2012 to 2022. At the same time, Pakistan (+9.0%) and Bangladesh (+5.1%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +9.0% from 2012-2022. Pakistan (+9 p.p.) significantly strengthened its position in terms of the total imports, while India saw its share reduced by -9.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported phosphoric acid and polyphosphoric acids in Southern Asia, comprising 81% of total imports. The second position in the ranking was held by Pakistan ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual growth rate of value in India amounted to +7.4%. In the other countries, the average annual rates were as follows: Pakistan (+9.7% per year) and Bangladesh (+4.0% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, picking up by 252% against the previous year. Overall, the import price posted notable growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of phosphoric acid consumption was India, comprising approx. 89% of total volume. Moreover, phosphoric acid consumption in India exceeded the figures recorded by the second-largest consumer, Pakistan, ninefold.
The country with the largest volume of phosphoric acid production was Afghanistan, accounting for 100% of total volume.
In value terms, India remains the largest phosphoric acid supplier in Southern Asia.
In value terms, India constitutes the largest market for imported phosphoric acid and polyphosphoric acids in Southern Asia, comprising 84% of total imports. The second position in the ranking was occupied by Pakistan, with a 15% share of total imports.
In 2021, the export price in Southern Asia amounted to $1,627 per ton, rising by 18% against the previous year.
In 2021, the import price in Southern Asia amounted to $376 per ton, shrinking by -43% against the previous year.

This report provides an in-depth analysis of the phosphoric acid market in Southern Asia. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Southern Asia, split by region and country
  • Trade (exports and imports) in Southern Asia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Bangladesh
    • Bhutan
    • India
    • Maldives
    • Nepal
    • Pakistan
    • Sri Lanka

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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