Report Update Nov 1, 2024

Southern Asia - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Sodium Triphosphate Market 2024

Sodium Triphosphate Exports

Exports in Southern Asia

In 2022, shipments abroad of sodium triphosphate (sodium tripolyphosphates) increased by 140% to X tons, rising for the second consecutive year after two years of decline. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 477% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, sodium triphosphate exports surged to $X in 2022. Over the period under review, exports, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2018 when exports increased by 312%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

India (X tons) represented roughly 100% of total exports in 2022.

India was also the fastest-growing in terms of the sodium triphosphate (sodium tripolyphosphates) exports, with a CAGR of +41.2% from 2012 to 2022. While the share of India (+97 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at +32.6%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, reducing by -23% against the previous year. In general, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2019 an increase of 27% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, 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 India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -6.1% per year.

Sodium Triphosphate Imports

Imports in Southern Asia

In 2022, the amount of sodium triphosphate (sodium tripolyphosphates) imported in Southern Asia contracted to X tons, shrinking by -4.7% compared with the year before. Over the period under review, imports recorded a slight shrinkage. The pace of growth appeared the most rapid in 2013 when imports increased by 39%. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, sodium triphosphate imports skyrocketed to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India represented the major importer of sodium triphosphate (sodium tripolyphosphates) in Southern Asia, with the volume of imports accounting for X tons, which was approx. 80% of total imports in 2022. It was distantly followed by Pakistan (X tons), mixing up a 14% share of total imports. Bangladesh (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to sodium triphosphate imports into India stood at -2.2%. At the same time, Bangladesh (+8.7%) and Pakistan (+1.2%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +8.7% from 2012-2022. From 2012 to 2022, the share of Pakistan and Bangladesh increased by +3.4 and +2.8 percentage points, respectively.

In value terms, India ($X) constitutes the largest market for imported sodium triphosphate (sodium tripolyphosphates) in Southern Asia, comprising 82% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 13% share of total imports.

In India, sodium triphosphate imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Pakistan (+1.4% per year) and Bangladesh (+9.3% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, surging by 42% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while Pakistan ($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 (+1.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sodium triphosphate (sodium tripolyphosphates) in Southern Asia?

The country with the largest volume of sodium triphosphate consumption was India, comprising approx. 82% of total volume. Moreover, sodium triphosphate consumption in India exceeded the figures recorded by the second-largest consumer, Pakistan, sixfold.

What are the leading suppliers of sodium triphosphate (sodium tripolyphosphates) in Southern Asia?

In value terms, India remains the largest sodium triphosphate supplier in Southern Asia.

What are the leading importers of sodium triphosphate (sodium tripolyphosphates) in Southern Asia?

In value terms, India constitutes the largest market for imported sodium triphosphate sodium tripolyphosphates) in Southern Asia, comprising 83% of total imports. The second position in the ranking was occupied by Pakistan, with a 13% share of total imports.

What is the average export price for sodium triphosphate (sodium tripolyphosphates) in Southern Asia?

In 2021, the sodium triphosphate export price in Southern Asia amounted to $1,186 per ton, jumping by 28% against the previous year.

What is the average import price for sodium triphosphate (sodium tripolyphosphates) in Southern Asia?

In 2021, the sodium triphosphate import price in Southern Asia amounted to $836 per ton, rising by 3.9% against the previous year.

This report provides an in-depth analysis of the sodium triphosphate 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 20134270 - Sodium triphosphate (sodium tripolyphosphates)

Country coverage:

Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka

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:

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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
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. 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. 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
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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
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