Sodium Triphosphate Price in Bahrain - 2022

Contents:

  1. Sodium Triphosphate Price in Bahrain (CIF) - 2022
  2. Sodium Triphosphate Imports in Bahrain

Sodium Triphosphate Price in Bahrain (CIF) - 2022

The average sodium triphosphate import price stood at $3,074 per ton in 2022, increasing by 25% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sodium triphosphate import price increased by +109.3% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 41% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($4,796 per ton), while the price for the United States amounted to $2,791 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Sodium Triphosphate Imports in Bahrain

In 2022, supplies from abroad of sodium triphosphate (sodium tripolyphosphates) decreased by -56.7% to 1.8 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, imports reached the peak of 9.5 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, sodium triphosphate imports dropped remarkably to $5.5K in 2022. In general, imports continue to indicate a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 19% against the previous year. As a result, imports reached the peak of $19K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Sodium Triphosphate in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.80.20.14.375.2%
China1.75.26.21.2-11.0%
United KingdomN/A9.2N/AN/A0%
United Arab Emirates6.70.80.4N/A-75.6%
Saudi Arabia6.63.63.3N/A-29.3%
Others0.1N/A0.1N/A0.0%
Total15.919.010.15.5-29.8%

Top Suppliers of Sodium Triphosphate to Bahrain in 2022:

  1. United States (1525.0 kg)
  2. China (250.0 kg)

Source: IndexBox Market Intelligence Platform

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