China - Diammonium Phosphate (DAP) - Market Analysis, Forecast, Size, Trends And Insights
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Contents:
- Diammonium Phosphate Price in China (FOB) - 2023
- Diammonium Phosphate Price in China (CIF) - 2022
- Diammonium Phosphate Exports in China
- Diammonium Phosphate Imports in China
Diammonium Phosphate Price in China (FOB) - 2023
In September 2023, the average diammonium phosphate export price amounted to $474 per ton, rising by 7.8% against the previous month. Overall, the export price, however, continues to indicate a deep downturn. Over the period under review, the average export prices reached the maximum at $913 per ton in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In September 2023, the countries with the highest prices were New Zealand ($589 per ton) and the Philippines ($532 per ton), while the average price for exports to Pakistan ($440 per ton) and India ($443 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (-3.8%), while the prices for the other major destinations experienced a decline.
Diammonium Phosphate Price in China (CIF) - 2022
In 2022, the average diammonium phosphate import price amounted to $1,802 per ton, declining by -4.9% against the previous year. In general, the import price, however, recorded a resilient increase. The growth pace was the most rapid in 2017 when the average import price increased by 645%. As a result, import price attained the peak level of $2,878 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($1,850 per ton), while the price for Belgium amounted to $525 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Diammonium Phosphate Exports in China
In 2022, diammonium phosphate exports from China plummeted to 3.6M tons, shrinking by -42.2% against the year before. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 8.3%.
In value terms, diammonium phosphate exports shrank to $3B in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 82% against the previous year. As a result, the exports reached the peak of $3.3B, and then reduced in the following year.
| Export of Diammonium Phosphate in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 885 | 548 | 969 | 989 | 3.8% |
| Bangladesh | 87.4 | 114 | 334 | 516 | 80.7% |
| Thailand | 168 | 152 | 307 | 245 | 13.4% |
| Japan | 144 | 122 | 221 | 238 | 18.2% |
| Pakistan | 287 | 240 | 472 | 230 | -7.1% |
| Indonesia | 121 | 87.6 | 93.5 | 142 | 5.5% |
| Vietnam | 172 | 182 | 213 | 135 | -7.8% |
| New Zealand | 100 | 104 | 120 | 107 | 2.3% |
| Philippines | 35.5 | 41.2 | 53.2 | 70.8 | 25.9% |
| Australia | 71.2 | 61.5 | 76.1 | 60.9 | -5.1% |
| Others | 242 | 175 | 471 | 255 | 1.8% |
| Total | 2,313 | 1,826 | 3,327 | 2,989 | 8.9% |
Top Export Markets for Diammonium Phosphate from China in 2022:
- India (1202.1K tons)
- Bangladesh (603.9K tons)
- Thailand (298.5K tons)
- Japan (276.7K tons)
- Pakistan (267.4K tons)
- Vietnam (171.5K tons)
- Indonesia (171.1K tons)
- New Zealand (114.4K tons)
- Philippines (86.7K tons)
- Australia (81.7K tons)
Diammonium Phosphate Imports in China
In 2022, diammonium phosphate imports into China surged to 356 tons, rising by 1,960% on the previous year's figure. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 931,289%. As a result, imports attained the peak of 47K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, diammonium phosphate imports soared to $641K in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 134,688% against the previous year. As a result, imports reached the peak of $19M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Diammonium Phosphate in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 0.6 | 0% |
| Morocco | N/A | 18.6 | N/A | N/A | 0% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | 18.6 | N/A | 0.6 | -82.0% |
Top Suppliers of Diammonium Phosphate to China in 2022:
- Russia (320.0 tons)
- Belgium (33.2 tons)
This report provides an in-depth analysis of the diammonium phosphate market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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