U.S. - Diammonium Phosphate (DAP) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDiammonium Phosphate Price in the United States - 2023
Contents:
- Diammonium Phosphate Price in the United States (CIF) - 2022
- Diammonium Phosphate Price in the United States (FOB) - 2023
- Diammonium Phosphate Imports in the United States
- Diammonium Phosphate Exports in the United States
Diammonium Phosphate Price in the United States (CIF) - 2022
In 2022, the average diammonium phosphate import price amounted to $798 per ton, growing by 41% against the previous year. In general, the import price recorded a noticeable increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 47%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,557 per ton), while the price for Egypt ($675 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+50.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Diammonium Phosphate Price in the United States (FOB) - 2023
The average diammonium phosphate export price stood at $449 per ton in September 2023, rising by 33% against the previous month. Over the period under review, the export price, however, continues to indicate a perceptible contraction. The export price peaked at $697 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In September 2023, the highest price was recorded for prices to Colombia ($521 per ton) and Ecuador ($514 per ton), while the average price for exports to Brazil ($400 per ton) and Peru ($437 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 Peru (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.
Diammonium Phosphate Imports in the United States
In 2022, the amount of diammonium phosphate imported into the United States contracted rapidly to 513K tons, with a decrease of -64.5% on 2021 figures. In general, imports faced a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 90% against the previous year. As a result, imports reached the peak of 1.4M tons, and then fell rapidly in the following year.
In value terms, diammonium phosphate imports dropped remarkably to $409M in 2022. Overall, imports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 180%. As a result, imports reached the peak of $815M, and then reduced remarkably in the following year.
| Import of Diammonium Phosphate in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 38.7 | 63.4 | 268 | 274 | 92.0% |
| Australia | N/A | 49.9 | 149 | 61.8 | 11.3% |
| Egypt | N/A | 12.7 | 63.5 | 22.3 | 32.5% |
| Russia | 124 | 49.3 | 17.0 | 12.1 | -54.0% |
| Israel | N/A | N/A | 7.4 | 8.9 | 20.3% |
| Mexico | 21.8 | 6.0 | 4.3 | 5.2 | -38.0% |
| Morocco | 263 | 89.0 | N/A | 0.2 | -90.9% |
| Jordan | N/A | 10.0 | 245 | N/A | 2350.0% |
| Others | 10.3 | 11.4 | 62.3 | 24.5 | 33.5% |
| Total | 458 | 292 | 815 | 409 | -3.7% |
Top Suppliers of Diammonium Phosphate to the United States in 2022:
- Saudi Arabia (362.3K tons)
- Australia (73.0K tons)
- Egypt (33.0K tons)
- Russia (13.6K tons)
- Israel (12.0K tons)
- Mexico (3.0K tons)
- Morocco (0.2K tons)
Diammonium Phosphate Exports in the United States
In 2022, shipments abroad of diammonium phosphate increased by 58% to 884K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt shrinkage.
In value terms, diammonium phosphate exports skyrocketed to $550M in 2022. In general, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Diammonium Phosphate in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 96.7 | 13.0 | N/A | 141 | 13.4% |
| Argentina | 21.1 | 16.6 | 9.3 | 87.3 | 60.5% |
| Mexico | 67.8 | 35.8 | 29.6 | 83.7 | 7.3% |
| Peru | 41.8 | 41.9 | 28.1 | 48.7 | 5.2% |
| Colombia | 32.4 | 33.0 | 40.4 | 39.5 | 6.8% |
| Brazil | 30.1 | 49.5 | 66.6 | 36.4 | 6.5% |
| Canada | 49.7 | 10.7 | 39.8 | 28.5 | -16.9% |
| Honduras | 16.7 | 22.3 | 17.4 | 25.0 | 14.4% |
| Uruguay | N/A | 3.5 | N/A | 19.5 | 136.0% |
| Dominican Republic | 11.8 | 12.2 | 15.1 | 17.2 | 13.4% |
| Australia | 20.4 | 13.6 | 0.1 | N/A | -93.0% |
| Others | 21.0 | 12.6 | 15.2 | 23.6 | 4.0% |
| Total | 410 | 265 | 262 | 550 | 10.3% |
Top Export Markets for Diammonium Phosphate from the United States in 2022:
- Mexico (293.7K tons)
- Argentina (162.2K tons)
- India (121.6K tons)
- Colombia (71.3K tons)
- Peru (50.5K tons)
- Canada (34.2K tons)
- Brazil (33.9K tons)
- Uruguay (31.7K tons)
- Honduras (31.0K tons)
- Dominican Republic (15.7K tons)
This report provides an in-depth analysis of the diammonium phosphate market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
-
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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