Sodium Triphosphate Price in Paraguay - 2023
Contents:
Sodium Triphosphate Price in Paraguay (CIF) - 2022
In 2022, the average sodium triphosphate import price amounted to $2,506 per ton, jumping by 67% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% 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 +75.2% against 2020 indices. As a result, import price attained the peak level and is likely to continue 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 Brazil ($4,040 per ton), while the price for China ($2,448 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Sodium Triphosphate Imports in Paraguay
In 2022, imports of sodium triphosphate (sodium tripolyphosphates) into Paraguay surged to 136 tons, rising by 27% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.
In value terms, sodium triphosphate imports surged to $340K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sodium Triphosphate in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 170 | 200 | 146 | 252 | 14.0% |
| China | N/A | 1.1 | 6.7 | 85.7 | 782.7% |
| Others | 8.6 | 4.7 | 7.1 | 2.8 | -31.2% |
| Total | 179 | 206 | 160 | 340 | 23.8% |
Top Suppliers of Sodium Triphosphate to Paraguay in 2022:
- Belgium (100.0 tons)
- China (35.0 tons)
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