Brazil - Monoammonium Phosphate (MAP) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonoammonium Phosphate Price in Brazil - 2023
Contents:
- Monoammonium Phosphate Price in Brazil (CIF) - 2023
- Monoammonium Phosphate Price in Brazil (FOB) - 2022
- Monoammonium Phosphate Imports in Brazil
- Monoammonium Phosphate Exports in Brazil
Monoammonium Phosphate Price in Brazil (CIF) - 2023
The average monoammonium phosphate import price stood at $485 per ton in October 2023, rising by 2.5% against the previous month. In general, the import price, however, showed a pronounced curtailment. The pace of growth was the most pronounced in February 2023 when the average import price increased by 2.7% month-to-month. The import price peaked at $842 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the highest price was recorded for prices from China ($541 per ton) and Saudi Arabia ($504 per ton), while the price for Morocco ($462 per ton) and Russia ($488 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Russia (-3.5%), while the prices for the other major suppliers experienced a decline.
Monoammonium Phosphate Price in Brazil (FOB) - 2022
The average monoammonium phosphate export price stood at $1,033 per ton in 2022, jumping by 75% against the previous year. Over the period under review, the export price saw temperate growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($1,202 per ton), while the average price for exports to Argentina ($466 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 Uruguay (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Monoammonium Phosphate Imports in Brazil
In 2022, after three years of growth, there was significant decline in purchases abroad of monoammonium phosphate (MAP), when their volume decreased by -30.2% to 4.1M tons. In general, imports saw a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 15% against the previous year.
In value terms, monoammonium phosphate imports totaled $4B in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 97%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Monoammonium Phosphate in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 302 | 343 | 922 | 1,706 | 78.1% |
| Morocco | 474 | 618 | 1,168 | 1,009 | 28.6% |
| Saudi Arabia | 354 | 235 | 428 | 722 | 26.8% |
| United States | 281 | 137 | 101 | 291 | 1.2% |
| China | 66.6 | 115 | 368 | 190 | 41.8% |
| Saint Lucia | 354 | 235 | 428 | N/A | 10.0% |
| Others | 23.7 | 81.3 | 70.6 | 68.3 | 42.3% |
| Total | 1,854 | 1,765 | 3,485 | 3,987 | 29.1% |
Top Suppliers of Monoammonium Phosphate to Brazil in 2022:
- Russia (1846.2K tons)
- Morocco (945.3K tons)
- Saudi Arabia (737.3K tons)
- United States (297.5K tons)
- China (186.8K tons)
Monoammonium Phosphate Exports in Brazil
Monoammonium phosphate exports from Brazil soared to 4.1K tons in 2022, picking up by 71% compared with 2021. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 267%. As a result, the exports reached the peak of 5.4K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, monoammonium phosphate exports skyrocketed to $4.2M in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 226%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Monoammonium Phosphate in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 134 | 1,116 | 456 | 2,757 | 174.0% |
| Paraguay | 457 | 805 | 563 | 780 | 19.5% |
| Uruguay | 34.0 | N/A | N/A | 315 | 110.0% |
| Argentina | 17.8 | 35.7 | 46.6 | 158 | 107.1% |
| Chile | 23.9 | 235 | 334 | 32.9 | 11.2% |
| Others | 8.5 | 6.7 | 8.7 | 179 | 176.1% |
| Total | 675 | 2,199 | 1,408 | 4,222 | 84.2% |
Top Export Markets for Monoammonium Phosphate from Brazil in 2022:
- Bolivia (2294.2 tons)
- Paraguay (1004.1 tons)
- Argentina (339.9 tons)
- Uruguay (300.0 tons)
- Chile (46.4 tons)
This report provides an in-depth analysis of the monoammonium phosphate market in Brazil. 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:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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 the review period, Monoammonium Phosphate imports reached a peak of 5.8M tons in 2021, but decreased slightly in the following years. In terms of value, imports of Monoammonium Phosphate significantly dropped to $2.9B in 2023.
334
In December 2022, the monoammonium phosphate price stood at $684 per ton (CIF, Brazil), which is down by -8.7% against the previous month.
275
In August 2022, the monoammonium phosphate price amounted to $1,027 per ton (CIF, Brazil), which is down by -7.2% against the previous month.
542
In 2020, the amount of monoammonium phosphate (MAP) imported into Brazil skyrocketed to 4.8M tons, surging by 22% against the year before. In value terms, MAP purchases rose remarkably from $1.4B to $1.5B.
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