Asia: Market for Phosphorus, Arsenic And Selenium 2024

Market Size for Phosphorus, Arsenic And Selenium in Asia

After two years of growth, the Asian phosphorus, arsenic and selenium market decreased by X% to $X in 2023. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then declined markedly in the following year.

Production of Phosphorus, Arsenic And Selenium in Asia

In value terms, phosphorus, arsenic and selenium production stood at $X in 2023 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production hit record highs at $X in 2013; afterwards, it flattened through to 2023.

Exports of Phosphorus, Arsenic And Selenium

Exports in Asia

Phosphorus, arsenic and selenium exports rose significantly to X tons in 2023, growing by X% on 2022 figures. Total exports indicated pronounced growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, phosphorus, arsenic and selenium exports dropped significantly to $X in 2023. Total exports indicated a perceptible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then contracted dramatically in the following year.

Exports by Country

Vietnam (X tons) and Kazakhstan (X tons) dominates exports structure, together constituting X% of total exports. China (X tons) held a little share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Vietnam ($X) remains the largest phosphorus, arsenic and selenium supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Vietnam amounted to X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and China (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2023, waning by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then plummeted in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced more modest paces of growth.

Imports of Phosphorus, Arsenic And Selenium

Imports in Asia

In 2023, after two years of growth, there was significant decline in supplies from abroad of phosphorus, arsenic and selenium, when their volume decreased by X% to X tons. Over the period under review, imports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2022 with an increase of X%. As a result, imports attained the peak of X tons, and then declined sharply in the following year.

In value terms, phosphorus, arsenic and selenium imports fell dramatically to $X in 2023. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped significantly in the following year.

Imports by Country

India represented the main importing country with an import of around X tons, which resulted at X% of total imports. Japan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by South Korea (X%) and Taiwan (Chinese) (X%). China (X tons) followed a long way behind the leaders.

Imports into India increased at an average annual rate of X% from 2012 to 2023. At the same time, South Korea (X%), Taiwan (Chinese) (X%) and China (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2023. Japan experienced a relatively flat trend pattern. India (X p.p.) and South Korea (X p.p.) significantly strengthened its position in terms of the total imports, while Taiwan (Chinese) and Japan saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest phosphorus, arsenic and selenium importing markets in Asia were India ($X), Japan ($X) and South Korea ($X), with a combined X% share of total imports.

In terms of the main importing countries, South Korea, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Asia amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was China ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform