Get the latest insights on price movement and trend analysis of Tricalcium Phosphatein different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Tricalcium Phosphate Price Trend for First Half of 2023
Tricalcium phosphate prices surged in the first quarter of 2023 as the food industries increased their production rates after a long season of stagnancy. In all, all the end-user industries contributed to the high demand for the product in the region. In addition to this, the low level of inventories also supported the hike in the prices. However, in the second quarter, the trend tumbled, and prices declined significantly. The number of offtakes, demand from downstream industries, and overall market dynamics of tricalcium phosphate subdued in the region, and as a result, the price trend also declined.
The first quarter proved to be favorable for the tricalcium phosphate market. The demand dynamics from downstream industries remained high as the rates of consumption also improved. The major contributor to this rising price trend was the all-time high export rates supported by the rise in the number of offtakes from the overseas sectors. But the second quarter did not follow this trend as the movement of international industries declined gradually. In addition to this, high levels of inventories and compromised trading activities caused the prices of tricalcium phosphate to move downwards.
As seen in the Asia-Pacific and European countries, the price trend of tricalcium phosphate inclined in the first quarter due to the restricted supply of products in the region. The limited trade activities, rising rates of inflation, and high cost of oil concerned the traders.
The strong number of offtakes and insufficient inventories helped the prices of tricalcium phosphate to surge. However, a significant decline was seen in the second quarter. The market dynamics were disturbed by the weak movement of downstream industries, and high economic instability in the economy was the major factor that led to the fall in the price trend of tricalcium phosphate.
According to Procurement Resource, the price trend of Tricalcium Phosphate is expected to fall. The market activities of tricalcium phosphate seem to decline globally due to falling demand and high uncertainties in the global economy.
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Tricalcium phosphate, abbreviated TCP, is an example of a calcium salt of phosphoric acid. It is also known as tribasic calcium phosphate and bone phosphate of lime, abbreviated as BPL. It's a white solid with a low solubility. The majority of industrial tricalcium phosphate samples are hydroxyapatite. Tricalcium phosphate exists in three crystalline polymorphs, α, α', and β with the α and α' states being the most stable at high temperatures.
|Product Name||Tricalcium Phosphate|
|Industrial Uses||Pharmaceuticals, Water Filtration, Ceramic Coatings|
|Synonyms||Calcium phosphate, Calcium phosphate tribasic, Calcium orthophosphate, Tricalcium diphosphate|
|Molecular Weight||310.18 g/mol|
|Supplier Database||Innophos, Natural Enrichment Industries, ICL Performance Products, Prayon S.A., Lianyungang Debang Fine Chemical Co., Ltd.|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
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A mixture of sulfuric acid, phosphoric acid, and phosphate rock containing fluorine and silicon values is calcined at a temperature sufficient to evolve fluorine values from the phosphate rock to form tricalcium phosphate in this process.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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