Report Update Nov 1, 2024

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

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Argentina: Diammonium Phosphate Market 2024

Diammonium Phosphate Market Size in Argentina

After two years of growth, the Argentinian diammonium phosphate market decreased by -5.6% to $X in 2022. In general, the total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% 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 +108.8% against 2015 indices. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Diammonium Phosphate Exports

Exports from Argentina

In 2022, shipments abroad of diammonium phosphate was finally on the rise to reach X tons after four years of decline. In general, exports saw a moderate expansion. The pace of growth was the most pronounced in 2016 when exports increased by 84%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, diammonium phosphate exports rose rapidly to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 85%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Bolivia (X tons) was the main destination for diammonium phosphate exports from Argentina, accounting for a 94% share of total exports. Moreover, diammonium phosphate exports to Bolivia exceeded the volume sent to the second major destination, Uruguay (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bolivia amounted to +57.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-24.9% per year) and Paraguay (+9.9% per year).

In value terms, Bolivia ($X) remains the key foreign market for diammonium phosphate exports from Argentina, comprising 95% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 3.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia stood at +33.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-2.1% per year) and Uruguay (-32.1% per year).

Export Prices by Country

In 2022, the average diammonium phosphate export price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price, however, showed a noticeable setback. The growth pace was the most rapid in 2017 an increase of 4.7% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Uruguay ($X 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 Uruguay (-9.6%), while the prices for the other major destinations experienced a decline.

Diammonium Phosphate Imports

Imports into Argentina

In 2022, after four years of growth, there was significant decline in overseas purchases of diammonium phosphate, when their volume decreased by -36.3% to X tons. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 61%. Imports peaked at X tons in 2021, and then shrank sharply in the following year.

In value terms, diammonium phosphate imports expanded rapidly to $X in 2022. In general, imports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2021 with an increase of 117%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The United States (X tons), China (X tons) and Saudi Arabia (X tons) were the main suppliers of diammonium phosphate imports to Argentina, with a combined 80% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +75.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest diammonium phosphate suppliers to Argentina were the United States ($X), China ($X) and Saudi Arabia ($X), together accounting for 82% of total imports.

China, with a CAGR of +71.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average diammonium phosphate import price stood at $X per ton in 2022, surging by 77% against the previous year. Overall, the import price posted prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for diammonium phosphate in the world?

The countries with the highest volumes of diammonium phosphate consumption in 2021 were China, India and the United States, together accounting for 54% of global consumption. Pakistan, Russia, Nigeria, Germany and Mexico lagged somewhat behind, together accounting for a further 16%.

What are the largest producers of diammonium phosphate in the world?

The country with the largest volume of diammonium phosphate production was China, comprising approx. 36% of total volume. Moreover, diammonium phosphate production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Morocco, with an 8.5% share.

What are the leading suppliers of diammonium phosphate to Argentina?

In value terms, Morocco, Russia and China constituted the largest diammonium phosphate suppliers to Argentina, together comprising 64% of total imports.

What are the leading importers of diammonium phosphate from Argentina?

In value terms, Bolivia remains the key foreign market for diammonium phosphate exports from Argentina, comprising 95% of total exports. The second position in the ranking was occupied by Paraguay $425), with a 3.2% share of total exports.

What is the average export price for diammonium phosphate in Argentina?

The average diammonium phosphate export price stood at $449 per ton in 2021, approximately mirroring the previous year.

What is the average import price for diammonium phosphate in Argentina?

In 2021, the average diammonium phosphate import price amounted to $356 per ton, growing by 10% against the previous year.

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

Country coverage:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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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
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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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023