Vietnam - Diammonium Phosphate (DAP) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDiammonium Phosphate Price in Vietnam - 2021
Contents:
- Diammonium Phosphate Price in Vietnam (CIF) - 2021
- Diammonium Phosphate Price in Vietnam (FOB) - 2021
- Diammonium Phosphate Imports in Vietnam
- Diammonium Phosphate Exports in Vietnam
Diammonium Phosphate Price in Vietnam (CIF) - 2021
The average diammonium phosphate import price stood at $674 per ton in December 2021, waning by -9.2% against the previous month. Over the period under review, import price indicated a buoyant expansion from December 2020 to December 2021: its price increased at an average monthly rate of +5.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, diammonium phosphate import price increased by +97.8% against December 2020 indices. The growth pace was the most rapid in November 2021 an increase of 24% against the previous month. As a result, import price attained the peak level of $743 per ton, and then contracted in the following month.
Average prices varied somewhat amongst the major supplying countries. In December 2021, the country with the highest price was Egypt ($844 per ton), while the price for China ($596 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by South Korea (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Diammonium Phosphate Price in Vietnam (FOB) - 2021
The average diammonium phosphate export price stood at $950 per ton in December 2021, jumping by 18% against the previous month. Over the period under review, the export price saw buoyant growth. The pace of growth was the most pronounced in June 2021 when the average export price increased by 115% against the previous month. As a result, the export price attained the peak level of $988 per ton. From July 2021 to December 2021, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Lao People's Democratic Republic ($1,261 per ton), while the average price for exports to Indonesia ($839 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Diammonium Phosphate Imports in Vietnam
In 2022, the amount of diammonium phosphate imported into Vietnam surged to 483K tons, growing by 27% compared with the previous year. Over the period under review, imports recorded a relatively flat trend pattern.
In value terms, diammonium phosphate imports reached $198M in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 6.7%. As a result, imports attained the peak of $200M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Diammonium Phosphate in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 136 | 149 | 151 | 150 | 3.3% |
| South Korea | 23.2 | 22.7 | 17.7 | 20.2 | -4.5% |
| Egypt | 4.5 | 16.1 | 6.2 | 8.5 | 23.6% |
| Russia | 8.6 | 9.9 | 7.7 | 8.3 | -1.2% |
| Australia | 10.8 | 1.5 | 7.5 | 7.5 | -11.4% |
| Others | 4.9 | 1.0 | 5.1 | 2.9 | -16.0% |
| Total | 188 | 200 | 195 | 198 | 1.7% |
Top Suppliers of Diammonium Phosphate to Vietnam in 2022:
- China (372.7K tons)
- South Korea (40.1K tons)
- Egypt (23.2K tons)
- Russia (22.9K tons)
- Australia (18.5K tons)
Diammonium Phosphate Exports in Vietnam
In 2022, after three years of growth, there was significant decline in overseas shipments of diammonium phosphate, when their volume decreased by -13% to 144K tons. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 171% against the previous year.
In value terms, diammonium phosphate exports fell sharply to $60M in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 124%.
| Export of Diammonium Phosphate in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | N/A | 1.6 | 59.8 | 3637.5% |
| South Korea | 5.6 | 0.2 | 7.5 | N/A | 15.7% |
| Malaysia | 2.7 | 2.0 | 1.8 | N/A | -18.4% |
| Cambodia | 7.1 | 5.0 | 2.9 | N/A | -36.1% |
| India | N/A | 5.9 | 6.3 | N/A | 6.8% |
| Indonesia | 0.6 | 27.8 | 46.0 | N/A | 775.6% |
| Others | 4.1 | 4.0 | 8.5 | N/A | 44.0% |
| Total | 20.1 | 45.0 | 74.7 | 59.8 | 43.8% |
Top Export Markets for Diammonium Phosphate from Vietnam in 2022:
- Myanmar (144.0K tons)
This report provides an in-depth analysis of the diammonium phosphate market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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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