India: Diammonium Phosphate Market 2025

Diammonium Phosphate Market Size in India

In 2022, the Indian diammonium phosphate market increased by 57% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption recorded tangible growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Diammonium Phosphate Production in India

In value terms, diammonium phosphate production fell to $X in 2022 estimated in export price. Overall, production showed a pronounced setback. The pace of growth was the most pronounced in 2016 when the production volume increased by 57% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Diammonium Phosphate Exports

Exports from India

In 2022, shipments abroad of diammonium phosphate decreased by -99.8% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2013 with an increase of 348% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, diammonium phosphate exports declined remarkably to $X in 2022. Overall, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 544% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X tons), the United Arab Emirates (X tons) and Japan (X tons) were the main destinations of diammonium phosphate exports from India, together accounting for 88% of total exports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +76.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Japan ($X) and the United Arab Emirates ($X) appeared to be the largest markets for diammonium phosphate exported from India worldwide, together accounting for 91% of total exports.

Malaysia, with a CAGR of +72.2%, 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, with an increase of 153% against the previous year. Over the period under review, the export price continues to indicate resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to the United Arab Emirates ($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 Nepal (-1.0%), while the prices for the other major destinations experienced a decline.

Diammonium Phosphate Imports

Imports into India

In 2022, the amount of diammonium phosphate imported into India soared to X tons, rising by 44% against 2021. In general, total imports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when imports increased by 69%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, diammonium phosphate imports skyrocketed to $X in 2022. Overall, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Morocco (X tons), Saudi Arabia (X tons) and China (X tons) were the main suppliers of diammonium phosphate imports to India, with a combined 78% share of total imports. Russia, the United States, Australia and Jordan lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +16.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Saudi Arabia ($X) and China ($X) appeared to be the largest diammonium phosphate suppliers to India, together comprising 78% of total imports. Russia, the United States, Australia and Jordan lagged somewhat behind, together comprising a further 19%.

Russia, with a CAGR of +20.8%, 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 46% against the previous year. Over the period under review, the import price posted a notable increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 82%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($X per ton) and Jordan ($X per ton), while the price for Saudi Arabia ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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