China - Monoammonium Phosphate (MAP) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonoammonium Phosphate Price in China - 2023
Contents:
- Monoammonium Phosphate Price in China (FOB) - 2023
- Monoammonium Phosphate Price in China (CIF) - 2022
- Monoammonium Phosphate Exports in China
- Monoammonium Phosphate Imports in China
Monoammonium Phosphate Price in China (FOB) - 2023
The average monoammonium phosphate export price stood at $528 per ton in September 2023, increasing by 26% against the previous month. Overall, the export price, however, saw a abrupt contraction. Over the period under review, the average export prices hit record highs at $1,000 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($733 per ton), while the average price for exports to Tanzania ($425 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (-3.6%), while the prices for the other major destinations experienced a decline.
Monoammonium Phosphate Price in China (CIF) - 2022
The average monoammonium phosphate import price stood at $253 per ton in 2022, falling by -80.4% against the previous year. In general, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 428% against the previous year. The import price peaked at $3,943 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.
From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -4.3% per year.
Monoammonium Phosphate Exports in China
In 2022, after three years of growth, there was significant decline in shipments abroad of monoammonium phosphate (MAP), when their volume decreased by -44% to 2.1M tons. Over the period under review, exports recorded a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. As a result, the exports reached the peak of 3.7M tons, and then fell notably in the following year.
In value terms, monoammonium phosphate exports contracted to $1.7B in 2022. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 125%. As a result, the exports reached the peak of $1.9B, and then reduced in the following year.
| Export of Monoammonium Phosphate in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 219 | 192 | 866 | 581 | 38.4% |
| Australia | 186 | 179 | 233 | 264 | 12.4% |
| Argentina | 102 | 91.3 | 209 | 173 | 19.3% |
| India | 63.9 | 52.0 | 89.1 | 103 | 17.2% |
| Mexico | 16.1 | 20.0 | 28.4 | 69.6 | 62.9% |
| Turkey | 19.9 | 25.0 | 23.3 | 61.1 | 45.3% |
| Japan | 30.9 | 25.0 | 41.6 | 56.4 | 22.2% |
| Malaysia | 18.4 | 17.1 | 31.1 | 54.1 | 43.3% |
| Indonesia | 9.8 | 11.3 | 21.3 | 33.1 | 50.0% |
| Peru | 4.4 | 8.3 | 10.8 | 27.6 | 84.4% |
| Taiwan (Chinese) | 18.7 | 16.3 | 8.8 | 25.4 | 10.7% |
| Thailand | 20.9 | 13.1 | 22.9 | 14.8 | -10.9% |
| Uruguay | 36.8 | 24.6 | 94.5 | 0.2 | -82.4% |
| Others | 163 | 161 | 203 | 283 | 20.2% |
| Total | 909 | 836 | 1,882 | 1,746 | 24.3% |
Top Export Markets for Monoammonium Phosphate from China in 2022:
- Brazil (716.0K tons)
- Australia (352.6K tons)
- Argentina (208.6K tons)
- India (108.0K tons)
- Malaysia (78.0K tons)
- Mexico (58.1K tons)
- Japan (55.6K tons)
- Turkey (47.8K tons)
- Indonesia (47.1K tons)
- Peru (46.1K tons)
- Taiwan (Chinese) (36.6K tons)
- Thailand (18.4K tons)
- Uruguay (0.4K tons)
Monoammonium Phosphate Imports in China
In 2022, after two years of decline, there was significant growth in overseas purchases of monoammonium phosphate (MAP), when their volume increased by 6,094% to 929 tons. Over the period under review, imports, however, showed a sharp decline.
In value terms, monoammonium phosphate imports soared to $235K in 2022. Overall, imports, however, continue to indicate a dramatic curtailment.
| Import of Monoammonium Phosphate in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 5.0 | 2.9 | N/A | 0.2 | -65.8% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 5.1 | 2.9 | N/A | 0.2 | -66.0% |
Top Suppliers of Monoammonium Phosphate to China in 2022:
- Kazakhstan (927.0 tons)
This report provides an in-depth analysis of the monoammonium phosphate market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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