Indonesia: Monoammonium Phosphate Market 2025

Monoammonium Phosphate Market Size in Indonesia

The Indonesian monoammonium phosphate market rose markedly to $X in 2022, increasing by 7.6% 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 enjoyed a moderate expansion. Monoammonium phosphate consumption peaked in 2022 and is expected to retain growth in years to come.

Monoammonium Phosphate Exports

Exports from Indonesia

In 2022, the amount of monoammonium phosphate (MAP) exported from Indonesia expanded remarkably to X tons, surging by 6.1% against the previous year. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of 1,306%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, monoammonium phosphate exports fell to $X in 2022. In general, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 418%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia (X tons) was the main destination for monoammonium phosphate exports from Indonesia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia totaled +25.6%.

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

From 2012 to 2022, the average annual growth rate of value to Malaysia totaled +13.4%.

Export Prices by Country

In 2022, the average monoammonium phosphate export price amounted to $X per ton, with a decrease of -11.6% against the previous year. In general, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2016 when the average export price increased by 93%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to -9.8% per year.

Monoammonium Phosphate Imports

Imports into Indonesia

For the fourth consecutive year, Indonesia recorded growth in purchases abroad of monoammonium phosphate (MAP), which increased by 4.6% to X tons in 2022. In general, imports saw a measured increase. The pace of growth appeared the most rapid in 2016 with an increase of 423%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, monoammonium phosphate imports totaled $X in 2022. Overall, imports posted a moderate increase. The pace of growth appeared the most rapid in 2016 with an increase of 286%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X tons) was the main supplier of monoammonium phosphate to Indonesia, accounting for a 94% share of total imports. Moreover, monoammonium phosphate imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+16.9% per year) and Malaysia (-12.8% per year).

In value terms, China ($X) constituted the largest supplier of monoammonium phosphate (MAP) to Indonesia, comprising 95% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 3.4% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+11.4% per year) and Malaysia (-15.2% per year).

Import Prices by Country

In 2022, the average monoammonium phosphate import price amounted to $X per ton, with an increase of 4.1% against the previous year. Overall, the import price, however, saw a slight contraction. The growth pace was the most rapid in 2021 when the average import price increased by 58% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 China ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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