Turkey - Monoammonium Phosphate (MAP) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonoammonium Phosphate Price in Turkey - 2023
Contents:
- Monoammonium Phosphate Price in Turkey (CIF) - 2023
- Monoammonium Phosphate Price in Turkey (FOB) - 2022
- Monoammonium Phosphate Imports in Turkey
- Monoammonium Phosphate Exports in Turkey
Monoammonium Phosphate Price in Turkey (CIF) - 2023
The average monoammonium phosphate import price stood at $880 per ton in September 2023, picking up by 39% against the previous month. Overall, the import price, however, recorded a perceptible setback. The pace of growth was the most pronounced in November 2022 when the average import price increased by 63% month-to-month. Over the period under review, average import prices reached the maximum at $1,579 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($892 per ton), while the price for Russia amounted to $861 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (+0.2%), while the prices for the other major suppliers experienced a decline.
Monoammonium Phosphate Price in Turkey (FOB) - 2022
In 2022, the average monoammonium phosphate export price amounted to $1,641 per ton, rising by 93% against the previous year. Over the period under review, the export price saw modest growth. As a result, the export price reached 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 Uzbekistan ($1,996 per ton), while the average price for exports to Pakistan ($375 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 Ukraine (+101.8%), while the prices for the other major destinations experienced more modest paces of growth.
Monoammonium Phosphate Imports in Turkey
In 2022, the amount of monoammonium phosphate (MAP) imported into Turkey fell to 111K tons, which is down by -7.8% against the previous year's figure. The total import volume increased at an average annual rate of +7.3% 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 when imports increased by 38% against the previous year. As a result, imports reached the peak of 120K tons, and then fell in the following year.
In value terms, monoammonium phosphate imports skyrocketed to $98M in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 102% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Monoammonium Phosphate in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 21.6 | 20.0 | 33.5 | 41.4 | 24.2% |
Morocco | 15.9 | 14.3 | 39.5 | 40.8 | 36.9% |
Russia | 6.1 | 4.1 | 5.2 | 9.9 | 17.5% |
Tunisia | N/A | N/A | N/A | 3.4 | 0% |
Saudi Arabia | N/A | 2.1 | 0.1 | N/A | -95.2% |
Others | 1.2 | 0.2 | 4.2 | 3.0 | 35.7% |
Total | 44.8 | 40.7 | 82.5 | 98.5 | 30.0% |
Top Suppliers of Monoammonium Phosphate to Turkey in 2022:
- China (59.6K tons)
- Morocco (33.7K tons)
- Russia (13.7K tons)
- Tunisia (2.0K tons)
Monoammonium Phosphate Exports in Turkey
In 2022, after three years of growth, there was decline in overseas shipments of monoammonium phosphate (MAP), when their volume decreased by -2% to 2K tons. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 70%. As a result, the exports attained the peak of 2.1K tons, and then fell modestly in the following year.
In value terms, monoammonium phosphate exports soared to $3.3M in 2022. Over the period under review, exports, however, continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Monoammonium Phosphate in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Algeria | 155 | 128 | 81.9 | 2,143 | 140.0% |
Azerbaijan | 291 | 358 | 403 | 464 | 16.8% |
Qatar | 48.1 | 35.6 | N/A | 146 | 44.8% |
Cyprus | 75.8 | 114 | 74.5 | 129 | 19.4% |
Uzbekistan | 29.5 | 70.2 | 43.0 | 81.9 | 40.5% |
Brazil | N/A | 45.9 | 58.6 | 58.9 | 13.3% |
Pakistan | N/A | 17.4 | 18.8 | 45.6 | 61.9% |
Turkmenistan | 82.2 | 52.8 | 27.9 | 26.1 | -31.8% |
Iran | 105 | 11.9 | 15.4 | 21.9 | -40.7% |
Ukraine | N/A | N/A | 315 | 8.8 | -97.2% |
Greece | N/A | N/A | 159 | N/A | 0% |
Israel | N/A | N/A | 103 | N/A | 0% |
Others | 84.3 | 216 | 463 | 211 | 35.8% |
Total | 871 | 1,049 | 1,764 | 3,336 | 56.5% |
Top Export Markets for Monoammonium Phosphate from Turkey in 2022:
- Algeria (1187.9 tons)
- Azerbaijan (238.4 tons)
- Qatar (174.0 tons)
- Pakistan (121.6 tons)
- Cyprus (69.8 tons)
- Brazil (42.0 tons)
- Uzbekistan (41.0 tons)
- Iran (15.2 tons)
- Turkmenistan (13.1 tons)
- Ukraine (4.8 tons)
This report provides an in-depth analysis of the monoammonium phosphate market in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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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