Austria: Diammonium Phosphate Market 2024

Diammonium Phosphate Market Size in Austria

The Austrian diammonium phosphate market shrank modestly to $X in 2022, waning by -2.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a mild decrease. Diammonium phosphate consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Diammonium Phosphate Exports

Exports from Austria

Diammonium phosphate exports from Austria reduced dramatically to X tons in 2022, waning by -68% on the previous year. Overall, exports showed a deep setback. The pace of growth appeared the most rapid in 2016 when exports increased by 94% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, diammonium phosphate exports declined remarkably to $X in 2022. Over the period under review, exports saw a perceptible curtailment. The growth pace was the most rapid in 2021 when exports increased by 108% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Hungary (X tons), Germany (X tons) and Italy (X tons) were the main destinations of diammonium phosphate exports from Austria, with a combined 93% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +4,091.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Hungary ($X) and Italy ($X) appeared to be the largest markets for diammonium phosphate exported from Austria worldwide, with a combined 89% share of total exports.

Italy, with a CAGR of +2,025.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average diammonium phosphate export price amounted to $X per ton, increasing by 43% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, diammonium phosphate export price increased by +121.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 54% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Hungary ($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 Romania (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Diammonium Phosphate Imports

Imports into Austria

In 2022, the amount of diammonium phosphate imported into Austria declined rapidly to X tons, waning by -27.6% on 2021. Over the period under review, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 33%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, diammonium phosphate imports stood at $X in 2022. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 83%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Belgium (X tons), Italy (X tons) and Romania (X tons) were the main suppliers of diammonium phosphate imports to Austria, together accounting for 75% of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +52.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest diammonium phosphate suppliers to Austria were Italy ($X), Belgium ($X) and Romania ($X), with a combined 67% share of total imports. Germany, Slovenia, Poland and Lithuania lagged somewhat behind, together accounting for a further 24%.

Poland, with a CAGR of +58.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average diammonium phosphate import price amounted to $X per ton, growing by 41% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, diammonium phosphate import price increased by +119.6% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 55%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+83.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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