Report Update Nov 1, 2024

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

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Chile: Diammonium Phosphate Market 2024

Diammonium Phosphate Market Size in Chile

In 2022, after two years of growth, there was significant decline in the Chilean diammonium phosphate market, when its value decreased by -39.7% to $X. Over the period under review, consumption showed a deep contraction. Diammonium phosphate consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Diammonium Phosphate Exports

Exports from Chile

In 2022, shipments abroad of diammonium phosphate decreased by -20.7% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, saw strong growth. The growth pace was the most rapid in 2017 with an increase of 846%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, diammonium phosphate exports soared to $X in 2022. Overall, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 1,040%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Peru (X tons) was the main destination for diammonium phosphate exports from Chile, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Peru totaled +57.9%.

In value terms, Peru ($X) emerged as the key foreign market for diammonium phosphate exports from Chile.

From 2012 to 2022, the average annual growth rate of value to Peru amounted to +43.9%.

Export Prices by Country

In 2022, the average diammonium phosphate export price amounted to $X per ton, jumping by 48% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.5% 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 +67.3% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +7.5% per year.

Diammonium Phosphate Imports

Imports into Chile

In 2022, purchases abroad of diammonium phosphate decreased by -59.3% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports recorded a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 50%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, diammonium phosphate imports declined rapidly to $X in 2022. Overall, imports showed a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of 154%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main supplier of diammonium phosphate to Chile, with a 98% share of total imports. It was followed by Mexico (X tons), with a 0.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-43.4% per year) and the United States (-51.5% per year).

In value terms, China ($X) constituted the largest supplier of diammonium phosphate to Chile, comprising 94% of total imports. The second position in the ranking was taken by Mexico ($X), with a 1.3% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-34.0% per year) and the United States (-52.0% per year).

Import Prices by Country

The average diammonium phosphate import price stood at $X per ton in 2022, increasing by 76% against the previous year. Over the period under review, the import price recorded a strong increase. As a result, import price attained 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 Mexico ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+16.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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, with a combined 54% share of global consumption. These countries were followed by Pakistan, Russia, Nigeria, Germany and Mexico, which together accounted 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, accounting for 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 Chile?

In value terms, China constituted the largest supplier of diammonium phosphate to Chile, comprising 68% of total imports. The second position in the ranking was occupied by the United States, with a 27% share of total imports.

What are the leading importers of diammonium phosphate from Chile?

In value terms, Peru remains the key foreign market for diammonium phosphate exports from Chile, comprising 74% of total exports. The second position in the ranking was occupied by Argentina, with a 23% share of total exports.

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

The average diammonium phosphate export price stood at $1,479 per ton in 2021, picking up by 13% against the previous year.

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

In 2021, the average diammonium phosphate import price amounted to $468 per ton, growing by 32% against the previous year.

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

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
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.

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