Report Update Nov 1, 2024

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

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Ireland: Diammonium Phosphate Market 2024

Diammonium Phosphate Market Size in Ireland

The Irish diammonium phosphate market fell notably to $X in 2022, waning by -22.5% 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, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -23.3% against 2019 indices. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Diammonium Phosphate Exports

Exports from Ireland

In 2022, approx. X tons of diammonium phosphate were exported from Ireland; which is down by -8% against the year before. Overall, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 1,844% against the previous year. As a result, the exports reached the peak of X tons, and then dropped in the following year.

In value terms, diammonium phosphate exports surged to $X in 2022. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 1,607%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

The UK (X tons) was the main destination for diammonium phosphate exports from Ireland, accounting for a approx. 100% share of total exports.

From 2018 to 2022, the average annual rate of growth in terms of volume to the UK totaled +19.5%.

In value terms, the UK ($X) also remains the key foreign market for diammonium phosphate exports from Ireland.

From 2018 to 2022, the average annual rate of growth in terms of value to the UK amounted to +46.6%.

Export Prices by Country

In 2022, the average diammonium phosphate export price amounted to $X per ton, surging by 43% against the previous year. Over the period under review, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 101% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

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

From 2018 to 2022, the rate of growth in terms of prices for Russia amounted to +34.5% per year.

Diammonium Phosphate Imports

Imports into Ireland

In 2022, supplies from abroad of diammonium phosphate decreased by 0% to X tons, falling for the second year in a row after two years of growth. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 57%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, diammonium phosphate imports totaled $X in 2022. In general, imports enjoyed moderate growth. The growth pace was the most rapid in 2015 when imports increased by 60% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Morocco (X tons) constituted the largest supplier of diammonium phosphate to Ireland, accounting for a 80% share of total imports. Moreover, diammonium phosphate imports from Morocco exceeded the figures recorded by the second-largest supplier, Lithuania (X tons), eightfold. Tunisia (X tons) ranked third in terms of total imports with a 6.2% share.

From 2012 to 2022, the average annual growth rate of volume from Morocco totaled +15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (-14.5% per year) and Tunisia (-5.7% per year).

In value terms, Morocco ($X) constituted the largest supplier of diammonium phosphate to Ireland, comprising 81% of total imports. The second position in the ranking was taken by Lithuania ($X), with a 9.1% share of total imports. It was followed by Tunisia, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Morocco totaled +21.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (-11.1% per year) and Tunisia (-2.3% per year).

Import Prices by Country

In 2022, the average diammonium phosphate import price amounted to $X per ton, leveling off at the previous year. Overall, the import price recorded a notable expansion. The growth pace was the most rapid in 2018 an increase of 16%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Morocco ($X per ton) and Lithuania ($X per ton), while the price for Russia ($X per ton) and Tunisia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+5.0%), 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. 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?

China constituted the country with the largest volume of diammonium phosphate production, 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 Ireland?

In value terms, the largest diammonium phosphate suppliers to Ireland were Russia, Morocco and Algeria, with a combined 86% share of total imports. These countries were followed by Lithuania, Egypt, Germany and Turkey, which together accounted for a further 12%.

What are the leading importers of diammonium phosphate from Ireland?

In value terms, the UK remains the key foreign market for diammonium phosphate exports from Ireland.

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

The average diammonium phosphate export price stood at $419 per ton in 2021, with an increase of 17% against the previous year.

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

In 2021, the average diammonium phosphate import price amounted to $500 per ton, with an increase of 45% against the previous year.

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

Ireland

Data coverage:

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