Canada - Diammonium Phosphate (DAP) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDiammonium Phosphate Price in Canada - 2023
Contents:
- Diammonium Phosphate Price in Canada (CIF) - 2023
- Diammonium Phosphate Price in Canada (FOB) - 2023
- Diammonium Phosphate Imports in Canada
- Diammonium Phosphate Exports in Canada
Diammonium Phosphate Price in Canada (CIF) - 2023
The average diammonium phosphate import price stood at $2,117 per ton in September 2023, rising by 78% against the previous month. Over the period under review, the import price showed mild growth. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 107% month-to-month. The import price peaked in September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Mexico ($4,638 per ton), while the price for France ($1,176 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Diammonium Phosphate Price in Canada (FOB) - 2023
The average diammonium phosphate export price stood at $617 per ton in September 2023, declining by -56.6% against the previous month. Overall, the export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 151% against the previous month. Over the period under review, the average export prices reached the maximum at $6,177 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -17.5% per month.
Diammonium Phosphate Imports in Canada
In 2022, diammonium phosphate imports into Canada shrank dramatically to 64K tons, reducing by -31.1% against the previous year's figure. Overall, imports continue to indicate a deep downturn. The smallest decline of -6% was in 2020.
In value terms, diammonium phosphate imports expanded sharply to $44M in 2022. In general, imports showed a deep setback.
| Import of Diammonium Phosphate in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 48.8 | 16.2 | 38.7 | 28.0 | -16.9% |
| Morocco | N/A | 10.7 | N/A | 13.3 | 11.5% |
| Russia | 2.8 | 13.3 | N/A | N/A | 375.0% |
| Others | 0.7 | 1.3 | 1.9 | 2.6 | 54.9% |
| Total | 52.3 | 41.6 | 40.6 | 43.9 | -5.7% |
Top Suppliers of Diammonium Phosphate to Canada in 2022:
- United States (47.2K tons)
- Morocco (15.1K tons)
Diammonium Phosphate Exports in Canada
In 2022, after three years of growth, there was significant decline in shipments abroad of diammonium phosphate, when their volume decreased by -57.4% to 5.8K tons. In general, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 108%. As a result, the exports reached the peak of 14K tons, and then dropped rapidly in the following year.
In value terms, diammonium phosphate exports fell sharply to $6.7M in 2022. Overall, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 58%.
| Export of Diammonium Phosphate in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.9 | 6.1 | 8.7 | 6.7 | 19.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.9 | 6.1 | 8.7 | 6.7 | 19.8% |
Top Export Markets for Diammonium Phosphate from Canada in 2022:
- United States (5.8K tons)
This report provides an in-depth analysis of the diammonium phosphate market in Canada. 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 4022 - Diammonium phosphate (DAP)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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