Report Update Apr 20, 2024

World - Diammonium Phosphate (DAP) - Market Analysis, Forecast, Size, Trends and Insights

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Global Diammonium Phosphate Market 2024

Diammonium Phosphate Market Size

After two years of growth, the global diammonium phosphate market decreased by X% to $X in 2023. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the global market attained the maximum level at $X in 2022, and then contracted in the following year.

Diammonium Phosphate Production

In value terms, diammonium phosphate production expanded sharply to $X in 2023 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, global production growth failed to regain momentum.

Diammonium Phosphate Exports

Exports

In 2023, global diammonium phosphate exports contracted slightly to X tons, waning by X% compared with 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the global exports attained the maximum at X tons in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, diammonium phosphate exports contracted significantly to $X in 2023. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2022 when exports increased by X%. As a result, the exports attained the peak of $X, and then dropped remarkably in the following year.

Exports by Country

China (X tons) and Morocco (X tons) represented roughly X% of total exports in 2023. It was distantly followed by Saudi Arabia (X tons) and Russia (X tons), together constituting a X% share of total exports. The following exporters - the United States (X tons), Australia (X tons) and Tunisia (X tons) - together made up X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Morocco (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Morocco ($X) and Saudi Arabia ($X) were the countries with the highest levels of exports in 2023, together comprising X% of global exports.

Saudi Arabia, 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 global leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average diammonium phosphate export price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price, however, showed a mild expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The global export price peaked at $X per ton in 2022, and then declined significantly in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2023, major exporting countries recorded the following prices: in Saudi Arabia ($X per ton) and Russia ($X per ton), while the United States ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other global leaders experienced more modest paces of growth.

Diammonium Phosphate Imports

Imports

After two years of decline, supplies from abroad of diammonium phosphate increased by X% to X tons in 2023. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, global imports reached the maximum at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, diammonium phosphate imports dropped rapidly to $X in 2023. Over the period under review, imports recorded a modest expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs at $X in 2022, and then shrank sharply in the following year.

Imports by Country

In 2023, India (X tons) represented the major importer of diammonium phosphate, constituting X% of total imports. Bangladesh (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by the United States (X%). The following importers - Turkey (X tons), Vietnam (X tons), Mexico (X tons), France (X tons), Argentina (X tons), Brazil (X tons) and Indonesia (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to diammonium phosphate imports into India stood at X%. At the same time, the United States (X%), Bangladesh (X%), Turkey (X%), Mexico (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Argentina experienced a relatively flat trend pattern. By contrast, France (X%), Vietnam (X%) and Brazil (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United States, Bangladesh and India increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported diammonium phosphate worldwide, comprising X% of global imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of global imports. It was followed by the United States, with a X% share.

In India, diammonium phosphate imports remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and the United States (X% per year).

Import Prices by Country

In 2023, the average diammonium phosphate import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2022, and then contracted markedly in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Bangladesh ($X per ton) and Vietnam ($X per ton), while Turkey ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the global diammonium phosphate market. 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:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Company coverage:

PhosAgro, OCP Group, Maaden, Jordan Phosphate Mines Co., Lifosa, Acron, CotexChem, Nutrien, Eurochem, Mosaic, Mississippi Phosphates Corporation, GJ Chemical, The Chemical Co., Greenway Products Inc., S&G Resources, SinoFert, Lemandou, HELM AG, Hindalco, Paradeep Phosphates Ltd., Rama Phosphates Ltd.

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023