Egypt: Diammonium Phosphate Market 2024

Diammonium Phosphate Market Size in Egypt

The Egyptian diammonium phosphate market dropped slightly to $X in 2022, falling by X% against the previous year. Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Diammonium Phosphate Production in Egypt

In value terms, diammonium phosphate production declined modestly to $X in 2022 estimated in export price. In general, the total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

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Diammonium Phosphate Exports

Exports from Egypt

In 2022, exports of diammonium phosphate from Egypt surged to X tons, picking up by X% on the previous year's figure. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, diammonium phosphate exports skyrocketed to $X in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2017 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Ireland (X tons) was the main destination for diammonium phosphate exports from Egypt, accounting for a X% share of total exports. Moreover, diammonium phosphate exports to Ireland exceeded the volume sent to the second major destination, Sudan (X tons), more than tenfold. Libya (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Ireland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (X% per year) and Libya (X.2% per year).

In value terms, Ireland ($X) emerged as the key foreign market for diammonium phosphate exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Sudan ($X), with a X% share of total exports. It was followed by Libya, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Ireland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (X% per year) and Libya (X.0% per year).

Export Prices by Country

In 2022, the average diammonium phosphate export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Mauritius ($X per ton) and Libya ($X per ton), while the average price for exports to Sudan ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Diammonium Phosphate Imports

Imports into Egypt

In 2022, the amount of diammonium phosphate imported into Egypt surged to X tons, jumping by X% on the year before. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, diammonium phosphate imports soared to $X in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Jordan (X tons) constituted the largest diammonium phosphate supplier to Egypt, with a X% share of total imports. Moreover, diammonium phosphate imports from Jordan exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Jordan totaled X%.

In value terms, Jordan ($X) constituted the largest supplier of diammonium phosphate to Egypt, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Jordan amounted to X%.

Import Prices by Country

The average diammonium phosphate import price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then contracted significantly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Jordan ($X per ton), while the price for Turkey stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (X%).

Source: IndexBox Platform

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