Report Update Nov 1, 2024

Mexico - Monoammonium Phosphate (MAP) - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Monoammonium Phosphate Market 2024

Monoammonium Phosphate Market Size in Mexico

The Mexican monoammonium phosphate market soared to $X in 2022, growing by 25% against the previous year. The market value increased at an average annual rate of +5.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Monoammonium Phosphate Production in Mexico

In value terms, monoammonium phosphate production reduced slightly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 12%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Monoammonium Phosphate Exports

Exports from Mexico

In 2022, the amount of monoammonium phosphate (MAP) exported from Mexico declined remarkably to X tons, reducing by -98.7% against the previous year's figure. Overall, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 276% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, monoammonium phosphate exports declined remarkably to $X in 2022. Over the period under review, exports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 258%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for monoammonium phosphate exports from Mexico, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to -20.1%.

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

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled -22.3%.

Export Prices by Country

The average monoammonium phosphate export price stood at $X per ton in 2022, waning by -2.1% against the previous year. In general, the export price recorded a slight decline. The growth pace was the most rapid in 2021 an increase of 43% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.7% per year.

Monoammonium Phosphate Imports

Imports into Mexico

In 2022, overseas purchases of monoammonium phosphate (MAP) were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, monoammonium phosphate imports surged to $X in 2022. In general, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the United States (X tons) and Russia (X tons) were the main suppliers of monoammonium phosphate imports to Mexico.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +35.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest monoammonium phosphate suppliers to Mexico were China ($X), the United States ($X) and Russia ($X).

In terms of the main suppliers, Russia, with a CAGR of +28.4%, 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

In 2022, the average monoammonium phosphate import price amounted to $X per ton, growing by 24% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price 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. Based on 2022 figures, monoammonium phosphate import price increased by +93.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 56% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($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 (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for monoammonium phosphate (map) in the world?

The countries with the highest volumes of in 2021 were China, Brazil and the United States, with a combined 43% share of global consumption. These countries were followed by Canada, Russia, Nigeria, Mexico, Australia, South Korea, Iran, Argentina, Tanzania and Saudi Arabia, which together accounted for a further 27%.

What are the largest producers of monoammonium phosphate (map) in the world?

China remains the largest monoammonium phosphate producing country worldwide, comprising approx. 30% of total volume. Moreover, monoammonium phosphate production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Russia ranked third in terms of total production with a 9.3% share.

What are the leading suppliers of monoammonium phosphate (map) to Mexico?

In value terms, China, Morocco and the United States were the largest monoammonium phosphate suppliers to Mexico, together comprising 100% of total imports.

What are the leading importers of monoammonium phosphate (map) from Mexico?

In value terms, the United States remains the key foreign market for monoammonium phosphate exports from Mexico.

What is the average export price for monoammonium phosphate (map) in Mexico?

The average monoammonium phosphate export price stood at $514 per ton in 2021, rising by 44% against the previous year.

What is the average import price for monoammonium phosphate (map) in Mexico?

The average monoammonium phosphate import price stood at $653 per ton in 2021, jumping by 60% against the previous year.

This report provides an in-depth analysis of the monoammonium phosphate market in Mexico. 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 4023 -

Country coverage:

Mexico

Data coverage:

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