South Africa - Diammonium Phosphate (DAP) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouth Africa: Diammonium Phosphate Market 2024
Diammonium Phosphate Market Size in South Africa
In 2023, after three years of growth, there was significant decline in the South African diammonium phosphate market, when its value decreased by X% to $X. In general, the total consumption indicated a pronounced expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Diammonium phosphate consumption peaked at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.
Diammonium Phosphate Production in South Africa
In value terms, diammonium phosphate production declined to $X in 2023 estimated in export price. In general, the total production indicated a measured increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.
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Diammonium Phosphate Exports
Exports from South Africa
In 2023, exports of diammonium phosphate from South Africa fell sharply to X tons, declining by X% compared with 2022 figures. In general, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then reduced markedly in the following year.
In value terms, diammonium phosphate exports reduced sharply to $X in 2023. Overall, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2022 when exports increased by X%. As a result, the exports attained the peak of $X, and then fell rapidly in the following year.
Exports by Country
Zambia (X tons) was the main destination for diammonium phosphate exports from South Africa, accounting for a X% share of total exports. Moreover, diammonium phosphate exports to Zambia exceeded the volume sent to the second major destination, Zimbabwe (X tons), fourfold.
From 2012 to 2023, the average annual growth rate of volume to Zambia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (X% per year) and Botswana (X% per year).
In value terms, Zambia ($X) remains the key foreign market for diammonium phosphate exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Zimbabwe ($X), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of value to Zambia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (X% per year) and Botswana (X% per year).
Export Prices by Country
In 2023, the average diammonium phosphate export price amounted to $X per ton, reducing by X% against the previous year. In general, the export price, however, saw a perceptible expansion. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2022, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($X per ton), while the average price for exports to Zimbabwe ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (X%), while the prices for the other major destinations experienced mixed trend patterns.
Diammonium Phosphate Imports
Imports into South Africa
After two years of growth, supplies from abroad of diammonium phosphate decreased by X% to X tons in 2023. Overall, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.
In value terms, diammonium phosphate imports reduced rapidly to $X in 2023. In general, imports faced a dramatic descent. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2022, and then shrank remarkably in the following year.
Imports by Country
In 2023, China (X tons) was the main diammonium phosphate supplier to South Africa, with a X% share of total imports. It was followed by Belgium (X tons), with a X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and France (X% per year).
In value terms, China ($X) constituted the largest supplier of diammonium phosphate to South Africa, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Belgium (X% per year).
Import Prices by Country
The average diammonium phosphate import price stood at $X per ton in 2023, picking up by X% against the previous year. In general, the import price recorded prominent growth. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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This report provides an in-depth analysis of the diammonium phosphate market in South Africa. 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 4022 - Diammonium phosphate (DAP)
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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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