Latest Report Update: Mar 3, 2023
Brazil - Monoammonium Phosphate (MAP) - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: Mar 3, 2023
Monoammonium Phosphate Price in Brazil Declines 9% to $684 per Ton
Brazil Monoammonium Phosphate Import Price in December 2022
In December 2022, the monoammonium phosphate price stood at $684 per ton (CIF, Brazil), which is down by -8.7% against the previous month. Over the period under review, the import price continues to indicate a slight reduction. The pace of growth appeared the most rapid in May 2022 an increase of 16% against the previous month. The import price peaked at $1,154 per ton in June 2022; however, from July 2022 to December 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($1,567 per ton), while the price for Russia ($626 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Brazil Monoammonium Phosphate Imports
In December 2022, imports of monoammonium phosphate (MAP) into Brazil soared to 234K tons, jumping by 24% against the previous month's figure. Overall, imports showed a strong expansion. The pace of growth appeared the most rapid in February 2022 with an increase of 111% month-to-month. Imports peaked at 629K tons in May 2022; however, from June 2022 to December 2022, imports failed to regain momentum.
In value terms, monoammonium phosphate imports rose notably to $160M (IndexBox estimates) in December 2022. In general, imports saw a buoyant expansion. The most prominent rate of growth was recorded in February 2022 with an increase of 114% against the previous month. Over the period under review, imports hit record highs at 678K tons in May 2022; however, from June 2022 to December 2022, imports remained at a lower figure.
Brazil Monoammonium Phosphate Imports by Country
In December 2022, Russia (210K tons) constituted the largest monoammonium phosphate supplier to Brazil, accounting for a 90% share of total imports. Moreover, monoammonium phosphate imports from Russia exceeded the figures recorded by the second-largest supplier, China (13K tons), more than tenfold. The third position in this ranking was taken by Saudi Arabia (10K tons), with a 4.3% share.
From January 2022 to December 2022, the average monthly rate of growth in terms of volume from Russia stood at +12.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (-5.8% per month) and Saudi Arabia (+12.5% per month).
In value terms, Russia ($131M) constituted the largest supplier of monoammonium phosphate to Brazil, comprising 82% of total imports. The second position in the ranking was held by China ($21M), with a 13% share of total imports. It was followed by Saudi Arabia, with a 4.2% share.
From January 2022 to December 2022, the average monthly growth rate of value from Russia amounted to +9.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (+0.8% per month) and Saudi Arabia (+11.7% per month).
Monoammonium Phosphate Market Overview
In Brazil, the price of monoammonium phosphate (MAP) has been on the rise in recent years, due to a variety of factors. One of the main drivers of this increase has been the growing demand for MAP from the agricultural sector. This is due to the fact that MAP is an essential ingredient in many fertilizers, and with Brazil's large agricultural industry, there has been a corresponding increase in demand for MAP.
Another factor that has contributed to the rising price of MAP in Brazil has been the appreciation of the Brazilian Real against the US dollar. This has made imports of MAP more expensive, and as a result, prices have risen.
Lastly, another driver of higher MAP prices has been tightness in the global supply of phosphate rock, one of the key raw materials needed to produce MAP. This has led to production cuts by some major producers, and as a result, prices have increased.
This report provides an in-depth analysis of the monoammonium phosphate market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
• FCL 4023 -
Country coverage:
• Brazil
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Brazil
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles
Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
MARKET TRENDS
This Chapter is Available Only for the Professional Edition
PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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