Report Update Nov 1, 2024

Ghana - Monoammonium Phosphate (MAP) - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Monoammonium Phosphate Market 2024

Monoammonium Phosphate Market Size in Ghana

The Ghanian monoammonium phosphate market dropped to $X in 2022, which is down by -6% against the previous year. The market value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Monoammonium Phosphate Production in Ghana

In value terms, monoammonium phosphate production dropped to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 39%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Monoammonium Phosphate Exports

Exports from Ghana

In 2022, after nine years of decline, there was significant growth in shipments abroad of monoammonium phosphate (MAP), when their volume increased by 12% to X tons. In general, exports, however, recorded a sharp decrease. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, monoammonium phosphate exports stood at $X in 2022. Overall, exports, however, continue to indicate a dramatic contraction. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Burkina Faso (X tons) was the main destination for monoammonium phosphate exports from Ghana, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Burkina Faso amounted to -26.5%.

In value terms, Burkina Faso ($X) also remains the key foreign market for monoammonium phosphate (MAP) exports from Ghana.

From 2012 to 2022, the average annual rate of growth in terms of value to Burkina Faso amounted to -28.8%.

Export Prices by Country

The average monoammonium phosphate export price stood at $X per ton in 2022, almost unchanged from the previous year. Overall, the export price, however, continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2017 an increase of 34%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to -3.1% per year.

Monoammonium Phosphate Imports

Imports into Ghana

After five years of growth, supplies from abroad of monoammonium phosphate (MAP) decreased by -37.9% to X tons in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 578%. Over the period under review, imports hit record highs at X tons in 2021, and then dropped dramatically in the following year.

In value terms, monoammonium phosphate imports fell rapidly to $X in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2018 when imports increased by 554%. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced markedly in the following year.

Imports by Country

In 2022, Morocco (X tons) was the main monoammonium phosphate supplier to Ghana, accounting for a approx. 99% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Morocco totaled +72.8%.

In value terms, Morocco ($X) constituted the largest supplier of monoammonium phosphate (MAP) to Ghana.

From 2012 to 2022, the average annual growth rate of value from Morocco totaled +84.1%.

Import Prices by Country

The average monoammonium phosphate import price stood at $X per ton in 2022, increasing by 25% against the previous year. Overall, the import price, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2021 an increase of 34%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Morocco.

From 2012 to 2022, the rate of growth in terms of prices for Morocco amounted to +6.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for monoammonium phosphate (map) in the world?

The countries with the highest volumes of in 2021 were China, Brazil and the United States, together comprising 43% of global consumption. Canada, Russia, Nigeria, Mexico, Australia, South Korea, Iran, Argentina, Tanzania and Saudi Arabia lagged somewhat behind, together comprising a further 27%.

What are the largest producers of monoammonium phosphate (map) in the world?

China constituted the country with the largest volume of monoammonium phosphate production, comprising approx. 30% of total volume. Moreover, monoammonium phosphate production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Russia, with a 9.3% share.

What are the leading suppliers of monoammonium phosphate (map) to Ghana?

In value terms, the Netherlands constituted the largest supplier of monoammonium phosphate to Ghana, comprising 77% of total imports. The second position in the ranking was occupied by China, with a 10% share of total imports. It was followed by Spain, with a 4.7% share.

What are the leading importers of monoammonium phosphate (map) from Ghana?

In value terms, Burkina Faso remains the key foreign market for monoammonium phosphate exports from Ghana.

What is the average export price for monoammonium phosphate (map) in Ghana?

In 2021, the average monoammonium phosphate export price amounted to $236 per ton, shrinking by -16.2% against the previous year.

What is the average import price for monoammonium phosphate (map) in Ghana?

In 2021, the average monoammonium phosphate import price amounted to $337 per ton, rising by 5.7% against the previous year.

This report provides an in-depth analysis of the monoammonium phosphate market in Ghana. 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 4023 -

Country coverage:

Ghana

Data coverage:

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