EU: Phosphinates And Phosphonates Market 2024

Phosphinates And Phosphonates Market Size in the EU

The EU phosphinates and phosphonates market soared to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption continues to indicate a prominent increase. Over the period under review, the market attained the maximum level in 2022 and is likely to see steady growth in years to come.

Phosphinates And Phosphonates Production in the EU

In value terms, phosphinates and phosphonates production reached $X in 2022 estimated in export price. In general, production showed a mild descent. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Phosphinates And Phosphonates Exports

Exports in the EU

For the third consecutive year, the European Union recorded growth in shipments abroad of phosphinates (hypophosphites) and phosphonates (phosphites), which increased by X% to X tons in 2022. In general, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, phosphinates and phosphonates exports surged to $X in 2022. Overall, exports enjoyed a strong expansion. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

In 2022, Belgium (X tons) and the Netherlands (X tons) were the key exporters of phosphinates (hypophosphites) and phosphonates (phosphites) in the European Union, together reaching near X% of total exports. Italy (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by France (X%), Spain (X%) and Germany (X%). Poland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest phosphinates and phosphonates supplying countries in the European Union were Belgium ($X), the Netherlands ($X) and France ($X), with a combined X% share of total exports.

France, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Phosphinates And Phosphonates Imports

Imports in the EU

In 2022, overseas purchases of phosphinates (hypophosphites) and phosphonates (phosphites) increased by X% to X tons, rising for the second year in a row after two years of decline. Total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, phosphinates and phosphonates imports skyrocketed to $X in 2022. Over the period under review, imports showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Germany was the largest importer of phosphinates (hypophosphites) and phosphonates (phosphites) in the European Union, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. The Netherlands (X tons) ranks second in terms of the total imports with a X% share, followed by Italy (X%), Belgium (X%) and France (X%). The following importers - Spain (X tons) and Slovenia (X tons) - each recorded a X% share of total imports.

Imports into Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%), Belgium (X%), Slovenia (X%), Spain (X%) and Italy (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. France experienced a relatively flat trend pattern. While the share of the Netherlands (X p.p.) and Belgium (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of France (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported phosphinates (hypophosphites) and phosphonates (phosphites) in the European Union, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with an X% share of total imports. It was followed by France, with a X% share.

In Germany, phosphinates and phosphonates imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Italy (X% per year) and France (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price saw a buoyant increase. 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 importing countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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