Australia - Monoammonium Phosphate (MAP) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonoammonium Phosphate Price in Australia - 2023
Contents:
- Monoammonium Phosphate Price in Australia (CIF) - 2023
- Monoammonium Phosphate Price in Australia (FOB) - 2022
- Monoammonium Phosphate Imports in Australia
- Monoammonium Phosphate Exports in Australia
Monoammonium Phosphate Price in Australia (CIF) - 2023
The average monoammonium phosphate import price stood at $719 per ton in September 2023, surging by 25% against the previous month. In general, the import price, however, showed a perceptible decline. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 120% against the previous month. As a result, import price attained the peak level of $1,427 per ton. From June 2023 to September 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to -2.6% per month.
Monoammonium Phosphate Price in Australia (FOB) - 2022
In 2022, the average monoammonium phosphate export price amounted to $1,799 per ton, waning by -55.9% against the previous year. In general, the export price, however, enjoyed a strong expansion. The growth pace was the most rapid in 2021 an increase of 1,058%. As a result, the export price attained the peak level of $4,082 per ton, and then fell sharply in the following year.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($1,832 per ton), while the average price for exports to New Zealand ($1,373 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+36.5%), while the prices for the other major destinations experienced mixed trend patterns.
Monoammonium Phosphate Imports in Australia
After three years of growth, overseas purchases of monoammonium phosphate (MAP) decreased by -2.7% to 1.2M tons in 2022. The total import volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, imports reached the peak of 1.3M tons, and then contracted in the following year.
In value terms, monoammonium phosphate imports skyrocketed to $1B in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 82%. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Monoammonium Phosphate in Australia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 227 | 216 | 310 | 288 | 8.3% |
Morocco | N/A | 1.0 | 56.5 | 218 | 1376.5% |
Saudi Arabia | 77.2 | 35.2 | 164 | 208 | 39.1% |
United States | 76.0 | 99.6 | 103 | 155 | 26.8% |
Russia | 0.1 | 1.6 | 1.5 | 94.9 | 882.7% |
Jordan | 6.1 | N/A | 7.5 | 42.0 | 90.2% |
Mexico | N/A | N/A | N/A | 40.1 | 0% |
Others | 8.9 | 0.9 | 1.5 | 2.0 | -39.2% |
Total | 395 | 354 | 644 | 1,048 | 38.4% |
Top Suppliers of Monoammonium Phosphate to Australia in 2022:
- China (342.0K tons)
- Morocco (250.9K tons)
- Saudi Arabia (244.3K tons)
- United States (183.1K tons)
- Russia (107.4K tons)
- Jordan (47.8K tons)
- Mexico (44.1K tons)
Monoammonium Phosphate Exports in Australia
In 2022, the amount of monoammonium phosphate (MAP) exported from Australia surged to 15 tons, jumping by 73% on the year before. Over the period under review, exports, however, showed a precipitous setback. The most prominent rate of growth was recorded in 2020 when exports increased by 84% against the previous year. As a result, the exports reached the peak of 63K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, monoammonium phosphate exports declined dramatically to $26K in 2022. In general, exports, however, continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 83%. As a result, the exports reached the peak of $22M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Monoammonium Phosphate in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | N/A | N/A | N/A | N/A | 0% |
United States | N/A | 17.8 | N/A | N/A | 0% |
India | N/A | N/A | N/A | N/A | 0% |
Mexico | 12.2 | 4.5 | N/A | N/A | -63.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 12.2 | 22.3 | N/A | N/A | 82.8% |
Top Export Markets for Monoammonium Phosphate from Australia in 2022:
- United States (11.2 tons)
- India (2.2 tons)
- New Zealand (1.2 tons)
This report provides an in-depth analysis of the monoammonium phosphate market in Australia. 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 4023 - Monoammonium phosphate (MAP)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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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During June 2023, the growth rate was remarkably high, with a 17,296% increase in imports compared to the previous month. The import value of Monoammonium Phosphate skyrocketed to $34M in November 2023.
In April 2023, the mixed fertilizer price stood at $671 per ton (CIF, Australia), stabilizing at the previous month.
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