Romania - Diammonium Phosphate (DAP) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 20, 2024

Romania - Diammonium Phosphate (DAP) - Market Analysis, Forecast, Size, Trends And Insights

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Diammonium Phosphate Price in Romania - 2023

Contents:

  1. Diammonium Phosphate Price in Romania (CIF) - 2022
  2. Diammonium Phosphate Price in Romania (FOB) - 2023
  3. Diammonium Phosphate Imports in Romania
  4. Diammonium Phosphate Exports in Romania

Diammonium Phosphate Price in Romania (CIF) - 2022

In 2022, the average diammonium phosphate import price amounted to $1,057 per ton, surging by 79% against the previous year. In general, the import price posted prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Tunisia ($1,123 per ton) and Morocco ($1,105 per ton), while the price for Russia ($949 per ton) and Bulgaria ($997 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+40.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Diammonium Phosphate Price in Romania (FOB) - 2023

In July 2023, the average diammonium phosphate export price amounted to $578 per ton, declining by -56.2% against the previous month. Over the period under review, the export price, however, showed a mild expansion. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 85% month-to-month. The export price peaked at $1,319 per ton in June 2023, and then plummeted in the following month.

Average prices varied noticeably for the major external markets. In July 2023, the country with the highest price was Hungary ($594 per ton), while the average price for exports to Ukraine ($552 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+9.1%), while the prices for the other major destinations experienced mixed trend patterns.

Diammonium Phosphate Imports in Romania

For the third consecutive year, Romania recorded decline in purchases abroad of diammonium phosphate, which decreased by -15.8% to 165K tons in 2022. In general, imports saw a sharp downturn. The smallest decline of -13.1% was in 2021.

In value terms, diammonium phosphate imports surged to $175M in 2022. Over the period under review, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Diammonium Phosphate in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco52.833.146.349.9-1.9%
Turkey3.96.927.128.493.8%
Jordan5.03.6N/A24.870.5%
Tunisia1.34.34.024.1164.7%
Russia21.98.519.321.2-1.1%
Egypt1.62.28.813.5103.6%
Bulgaria32.413.29.210.0-32.4%
Lithuania10.12.7N/AN/A-73.3%
Mexico7.0N/A0.4N/A-76.1%
Others1.40.30.42.622.9%
Total13774.91151758.5%

Top Suppliers of Diammonium Phosphate to Romania in 2022:

  1. Morocco (45.2K tons)
  2. Turkey (27.7K tons)
  3. Jordan (23.1K tons)
  4. Russia (22.3K tons)
  5. Tunisia (21.5K tons)
  6. Egypt (13.0K tons)
  7. Bulgaria (10.0K tons)

Diammonium Phosphate Exports in Romania

Diammonium phosphate exports from Romania shrank dramatically to 8.9K tons in 2022, falling by -66.3% compared with 2021 figures. In general, exports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 55% against the previous year. As a result, the exports reached the peak of 26K tons, and then contracted sharply in the following year.

In value terms, diammonium phosphate exports shrank dramatically to $10M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 186%. As a result, the exports attained the peak of $16M, and then contracted sharply in the following year.

Export of Diammonium Phosphate in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary4.12.94.24.42.4%
AustriaN/AN/A3.43.65.9%
Bulgaria5.82.67.81.4-37.7%
UkraineN/AN/AN/A0.40%
OthersN/AN/A0.60.1-83.3%
Total9.95.616.010.00.3%

Top Export Markets for Diammonium Phosphate from Romania in 2022:

  1. Hungary (3.8K tons)
  2. Austria (3.1K tons)
  3. Bulgaria (1.6K tons)
  4. Ukraine (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the diammonium phosphate market in Romania. 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:

  • Romania

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Romania
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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