U.S.: Market for Phosphorus, Arsenic And Selenium 2024

Market Size for Phosphorus, Arsenic And Selenium in the U.S.

The U.S. phosphorus, arsenic and selenium market soared to $X in 2021, growing by 21% against the previous year. In general, consumption posted a prominent expansion. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Production of Phosphorus, Arsenic And Selenium in the U.S.

In value terms, phosphorus, arsenic and selenium production stood at less than $X in 2021. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by 103%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Exports of Phosphorus, Arsenic And Selenium

Exports from the U.S.

In 2021, overseas shipments of phosphorus, arsenic and selenium increased by 19% to X tons, rising for the second consecutive year after five years of decline. Over the period under review, exports, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, phosphorus, arsenic and selenium exports surged to $X in 2021. In general, exports, however, saw a noticeable contraction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for phosphorus, arsenic and selenium exports from the United States, accounting for a 77% share of total exports. Moreover, phosphorus, arsenic and selenium exports to Brazil exceeded the volume sent to the second major destination, Canada (X tons), sevenfold. The third position in this ranking was held by Germany (X tons), with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Brazil stood at -4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+5.4% per year) and Germany (+15.8% per year).

In value terms, Brazil ($X) remains the key foreign market for phosphorus, arsenic and selenium exports from the United States, comprising 77% of total exports. The second position in the ranking was taken by Canada ($X), with an 8.2% share of total exports. It was followed by Germany, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value to Brazil amounted to -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+1.3% per year) and Germany (+2.5% per year).

Export Prices by Country

In 2021, the average phosphorus, arsenic and selenium export price amounted to $X per ton, picking up by 4.4% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 22% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Brazil ($X per ton) and Estonia ($X per ton), while the average price for exports to Canada ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+28.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Phosphorus, Arsenic And Selenium

Imports into the U.S.

In 2021, the amount of phosphorus, arsenic and selenium imported into the United States contracted significantly to X tons, dropping by -16.5% against the year before. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 53%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, phosphorus, arsenic and selenium imports dropped to $X in 2021. Overall, imports saw a abrupt decline. The growth pace was the most rapid in 2017 with an increase of 38% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Kazakhstan (X tons) constituted the largest phosphorus, arsenic and selenium supplier to the United States, with a 66% share of total imports. Moreover, phosphorus, arsenic and selenium imports from Kazakhstan exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold. The third position in this ranking was held by China (X tons), with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Kazakhstan amounted to +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+8.6% per year) and China (-12.2% per year).

In value terms, Kazakhstan ($X) constituted the largest supplier of phosphorus, arsenic and selenium to the United States, comprising 47% of total imports. The second position in the ranking was held by Vietnam ($X), with a 21% share of total imports. It was followed by Germany, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value from Kazakhstan amounted to +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+10.2% per year) and Germany (-20.5% per year).

Import Prices by Country

The average phosphorus, arsenic and selenium import price stood at $X per ton in 2021, with an increase of 11% against the previous year. Over the period under review, the import price, however, saw a abrupt setback. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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