Central Asia: Monoammonium Phosphate Market 2024

Monoammonium Phosphate Market Size in Central Asia

The Central Asian monoammonium phosphate market soared to $X in 2022, rising by X% against the previous year. Overall, consumption continues to indicate a strong increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Monoammonium Phosphate Production in Central Asia

In value terms, monoammonium phosphate production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 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 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Monoammonium Phosphate Exports

Exports in Central Asia

In 2022, approx. X tons of monoammonium phosphate (MAP) were exported in Central Asia; which is down by X% against the year before. Overall, exports recorded a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then dropped significantly in the following year.

In value terms, monoammonium phosphate exports dropped dramatically to $X in 2022. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then declined notably in the following year.

Exports by Country

Uzbekistan (X tons) and Kazakhstan (X tons) prevails in exports structure, together committing X% of total exports. Kyrgyzstan (X tons) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Uzbekistan (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Uzbekistan ($X), Kazakhstan ($X) and Kyrgyzstan ($X) were the countries with the highest levels of exports in 2022.

Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price enjoyed a tangible expansion. The pace of growth was the most pronounced in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced more modest paces of growth.

Monoammonium Phosphate Imports

Imports in Central Asia

In 2022, overseas purchases of monoammonium phosphate (MAP) decreased by X% to X tons, falling for the second year in a row after four years of growth. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, monoammonium phosphate imports fell significantly to $X in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Kazakhstan represented the largest importer of monoammonium phosphate (MAP) in Central Asia, with the volume of imports reaching X tons, which was near X% of total imports in 2022. Uzbekistan (X tons) ranks second in terms of the total imports with a X% share, followed by Kyrgyzstan (X%). Tajikistan (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to monoammonium phosphate imports into Kazakhstan stood at X%. At the same time, Kyrgyzstan (X%), Uzbekistan (X%) and Tajikistan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Uzbekistan, Kyrgyzstan and Tajikistan increased by X, X and X percentage points, respectively.

In value terms, the largest monoammonium phosphate importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X), together comprising X% of total imports.

Kyrgyzstan, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price, however, saw a slight downturn. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tajikistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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