Hungary - Diammonium Phosphate (DAP) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDiammonium Phosphate Price in Hungary - 2023
Contents:
- Diammonium Phosphate Price in Hungary (CIF) - 2022
- Diammonium Phosphate Price in Hungary (FOB) - 2022
- Diammonium Phosphate Imports in Hungary
- Diammonium Phosphate Exports in Hungary
Diammonium Phosphate Price in Hungary (CIF) - 2022
The average diammonium phosphate import price stood at $1,003 per ton in 2022, surging by 62% against the previous year. Overall, the import price continues to indicate a noticeable expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovenia ($1,192 per ton), while the price for Russia ($279 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Diammonium Phosphate Price in Hungary (FOB) - 2022
In 2022, the average diammonium phosphate export price amounted to $399 per ton, with a decrease of -11.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2017 an increase of 29% against the previous year. Over the period under review, the average export prices reached the maximum at $689 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Slovakia.
From 2012 to 2022, the rate of growth in terms of prices for Croatia amounted to -2.5% per year.
Diammonium Phosphate Imports in Hungary
In 2022, the amount of diammonium phosphate imported into Hungary reduced notably to 22K tons, dropping by -52.3% on 2021. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports reached the peak of 47K tons, and then reduced notably in the following year.
In value terms, diammonium phosphate imports contracted dramatically to $22M in 2022. In general, imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 115% against the previous year. As a result, imports reached the peak of $29M, and then reduced dramatically in the following year.
| Import of Diammonium Phosphate in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 2.8 | 3.1 | 5.7 | 8.8 | 46.5% |
| Austria | N/A | N/A | 0.1 | 4.2 | 4100.0% |
| Romania | 2.5 | 1.5 | 3.8 | 3.0 | 6.3% |
| Belgium | N/A | N/A | 13.8 | 3.0 | -78.3% |
| Germany | 3.9 | 2.6 | 0.1 | 1.4 | -28.9% |
| Italy | N/A | 0.1 | N/A | 1.0 | 216.2% |
| Lithuania | 4.3 | 4.7 | N/A | 0.3 | -58.8% |
| Russia | 1.0 | 0.3 | 2.0 | 0.3 | -33.1% |
| Switzerland | 1.6 | N/A | N/A | N/A | 0% |
| Others | N/A | 1.1 | 3.6 | 0.4 | -39.7% |
| Total | 16.3 | 13.5 | 29.1 | 22.5 | 11.3% |
Top Suppliers of Diammonium Phosphate to Hungary in 2022:
- Slovenia (7.4K tons)
- Austria (3.6K tons)
- Belgium (3.2K tons)
- Germany (2.8K tons)
- Romania (2.7K tons)
- Italy (1.0K tons)
- Russia (1.0K tons)
- Lithuania (0.2K tons)
Diammonium Phosphate Exports in Hungary
In 2022, overseas shipments of diammonium phosphate decreased by -50.1% to 617 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate modest growth. The pace of growth was the most pronounced in 2021 when exports increased by 88% against the previous year. As a result, the exports reached the peak of 1.2K tons, and then contracted rapidly in the following year.
In value terms, diammonium phosphate exports fell significantly to $246K in 2022. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 119% against the previous year. As a result, the exports attained the peak of $558K, and then dropped rapidly in the following year.
| Export of Diammonium Phosphate in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 92.8 | 27.8 | 125 | 246 | 38.4% |
| Romania | 202 | 227 | 217 | N/A | 3.6% |
| Croatia | N/A | N/A | 210 | N/A | 0% |
| Others | 2.6 | 0.4 | 5.9 | N/A | 50.6% |
| Total | 297 | 255 | 558 | 246 | -6.1% |
Top Export Markets for Diammonium Phosphate from Hungary in 2022:
- Slovakia (617.2 tons)
This report provides an in-depth analysis of the diammonium phosphate market in Hungary. 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:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- 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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