Diphosphorus Pentaoxide Market Overview in Asia-Pacific
In value terms, diphosphorus pentaoxide production totaled $32M in 2010 estimated in export prices. The total output value increased at an average annual rate of +9.6% from 2007 to 2010; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2008 when production volume increased by 40% against the previous year. In that year, diphosphorus pentaoxide production attained its peak level of $34M. From 2009 to 2010, diphosphorus pentaoxide production growth remained at a somewhat lower figure.
The country with the largest volume of diphosphorus pentaoxide production was China (20K tonnes), comprising approx. 100% of total volume.
From 2007 to 2010, the average annual growth rate of volume in China was relatively modest.
The revenue of the diphosphorus pentaoxide market in Asia-Pacific amounted to $25M in 2010, reducing by -20.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, diphosphorus pentaoxide consumption continues to indicate a drastic curtailment. The pace of growth appeared the most rapid in 2009 when the market value increased by 5.7% year-to-year. In that year, the diphosphorus pentaoxide market reached its peak level of $32M, and then declined slightly in the following year.
In China, diphosphorus pentaoxide consumption decreased by an average annual rate of -12.0% over the period from 2007-2010. In the other countries, the average annual rates were as follows: India (+274.9% per year) and South Korea (+12.1% per year).
In value terms, China ($19M) led the market, alone. The second position in the ranking was occupied by India ($2.5M). It was followed by South Korea.
From 2007 to 2010, the average annual growth rate of value in China stood at -12.6%. In the other countries, the average annual rates were as follows: India (+282.9% per year) and South Korea (+20.3% per year).
In 2010, the highest levels of diphosphorus pentaoxide per capita consumption was registered in Taiwan, Chinese (23 kg per 1000 persons), followed by South Korea (11 kg per 1000 persons), China (7.72 kg per 1000 persons) and India (1.31 kg per 1000 persons), while the world average per capita consumption of diphosphorus pentaoxide was estimated at 3.61 kg per 1000 persons.
In Taiwan, Chinese, diphosphorus pentaoxide per capita consumption expanded at an average annual rate of +8.5% over the period from 2007-2010. In the other countries, the average annual rates were as follows: South Korea (+12.2% per year) and China (-13.7% per year).