Report Update Nov 1, 2024

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

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Greece: Diammonium Phosphate Market 2024

Diammonium Phosphate Market Size in Greece

After six years of growth, the Greek diammonium phosphate market decreased by -46.9% to $X in 2022. Over the period under review, consumption, however, continues to indicate a prominent increase. Diammonium phosphate consumption peaked at $X in 2021, and then fell notably in the following year.

Diammonium Phosphate Exports

Exports from Greece

In 2022, diammonium phosphate exports from Greece shrank notably to X tons, which is down by -65% on the previous year. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 995% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then shrank significantly in the following year.

In value terms, diammonium phosphate exports reduced remarkably to $X in 2022. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 690%. The exports peaked at $X in 2021, and then reduced notably in the following year.

Exports by Country

Romania (X tons) was the main destination for diammonium phosphate exports from Greece, with a 74% share of total exports. Moreover, diammonium phosphate exports to Romania exceeded the volume sent to the second major destination, Cyprus (X tons), fivefold. The third position in this ranking was held by Bulgaria (X tons), with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume to Romania totaled +86.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+38.9% per year) and Bulgaria (-22.1% per year).

In value terms, Romania ($X) remains the key foreign market for diammonium phosphate exports from Greece, comprising 80% of total exports. The second position in the ranking was held by Cyprus ($X), with a 12% share of total exports. It was followed by North Macedonia, with a 3.8% share.

From 2012 to 2022, the average annual growth rate of value to Romania totaled +76.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+49.0% per year) and North Macedonia (+16.5% per year).

Export Prices by Country

The average diammonium phosphate export price stood at $X per ton in 2022, with an increase of 104% against the previous year. In general, the export price enjoyed a temperate increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($X per ton), while the average price for exports to Bulgaria ($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 North Macedonia (+43.6%), while the prices for the other major destinations experienced more modest paces of growth.

Diammonium Phosphate Imports

Imports into Greece

In 2022, after seven years of growth, there was significant decline in purchases abroad of diammonium phosphate, when their volume decreased by -45.6% to X tons. Over the period under review, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2017 with an increase of 45%. Over the period under review, imports attained the peak figure at X tons in 2021, and then plummeted in the following year.

In value terms, diammonium phosphate imports shrank markedly to $X in 2022. Overall, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. As a result, imports reached the peak of $X, and then contracted remarkably in the following year.

Imports by Country

Morocco (X tons), Poland (X tons) and Bulgaria (X tons) were the main suppliers of diammonium phosphate imports to Greece, with a combined 99% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Morocco (with a CAGR of +54.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest diammonium phosphate suppliers to Greece were Morocco ($X), Poland ($X) and Bulgaria ($X), together accounting for 96% of total imports.

In terms of the main suppliers, Morocco, with a CAGR of +53.8%, recorded the highest growth rate of the value of imports, 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, reducing by -7.2% against the previous year. Overall, the import price recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2021 an increase of 50%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.8%), 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, with a combined 54% share of global consumption. Pakistan, Russia, Nigeria, Germany and Mexico lagged somewhat behind, together comprising a further 16%.

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

China remains the largest diammonium phosphate producing country worldwide, 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 Greece?

In value terms, the largest diammonium phosphate suppliers to Greece were Egypt, Poland and Bulgaria, with a combined 93% share of total imports.

What are the leading importers of diammonium phosphate from Greece?

In value terms, Romania, Bulgaria and Cyprus were the largest markets for diammonium phosphate exported from Greece worldwide, together accounting for 89% of total exports.

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

In 2021, the average diammonium phosphate export price amounted to $504 per ton, rising by 28% against the previous year.

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

The average diammonium phosphate import price stood at $538 per ton in 2021, picking up by 50% against the previous year.

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

Greece

Data coverage:

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

Reasons to buy this report:

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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
How to load your idle production capacity
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How to increase your profit margins
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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