Kenya - Diammonium Phosphate (DAP) - Market Analysis, Forecast, Size, Trends and Insights
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Diammonium Phosphate Market Size in Kenya
In 2022, after six years of growth, there was significant decline in the Kenyan diammonium phosphate market, when its value decreased by -10.5% to $X. Overall, consumption showed a resilient expansion. Diammonium phosphate consumption peaked at $X in 2021, and then contracted in the following year.
Diammonium Phosphate Exports
Exports from Kenya
After three years of decline, overseas shipments of diammonium phosphate increased by 5.6% to X tons in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 1,330%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.
In value terms, diammonium phosphate exports reduced modestly to $X in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by 968%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.
Exports by Country
Rwanda (X tons), Burundi (X tons) and Uganda (X tons) were the main destinations of diammonium phosphate exports from Kenya, together comprising 97% of total exports.
From 2012 to 2022, the biggest increases were recorded for Burundi (with a CAGR of +41.7%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for diammonium phosphate exported from Kenya were Rwanda ($X), Burundi ($X) and Somalia ($X), together accounting for 95% of total exports.
Somalia, with a CAGR of +40.7%, recorded the highest rates of growth with regard to the value of exports, among 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, dropping by -9.6% against the previous year. Over the period under review, the export price continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2019 when the average export price increased by 30% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($X per ton), while the average price for exports to Uganda ($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 Somalia (+11.7%), while the prices for the other major destinations experienced a decline.
Diammonium Phosphate Imports
Imports into Kenya
In 2022, approx. X tons of diammonium phosphate were imported into Kenya; increasing by 10% on the previous year's figure. Over the period under review, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of 110%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, diammonium phosphate imports fell to $X in 2022. Overall, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 69%. Imports peaked at $X in 2021, and then fell in the following year.
Imports by Country
In 2022, Saudi Arabia (X tons) constituted the largest supplier of diammonium phosphate to Kenya, with a 57% share of total imports. Moreover, diammonium phosphate imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. Russia (X tons) ranked third in terms of total imports with an 11% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia totaled +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.4% per year) and Russia (+3.6% per year).
In value terms, the United States ($X) constituted the largest supplier of diammonium phosphate to Kenya, comprising 64% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 26% share of total imports. It was followed by Morocco, with a 5.5% share.
From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+3.8% per year) and Morocco (-9.2% per year).
Import Prices by Country
In 2022, the average diammonium phosphate import price amounted to $X per ton, with a decrease of -22.4% against the previous year. Overall, the import price saw a mild shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 23%. As a result, import price reached the peak level of $X per ton, and then fell significantly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.7%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the diammonium phosphate market in Kenya. 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:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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