Netherlands: Diammonium Phosphate Market 2024

Diammonium Phosphate Market Size in the Netherlands

In 2022, the Dutch diammonium phosphate market decreased by -31.1% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption recorded a slight contraction. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Diammonium Phosphate Production in the Netherlands

In value terms, diammonium phosphate production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by 38% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Diammonium Phosphate Exports

Exports from the Netherlands

In 2022, shipments abroad of diammonium phosphate decreased by -7.8% to X tons, falling for the seventh consecutive year after four years of growth. In general, exports recorded a precipitous decline. The pace of growth was the most pronounced in 2013 with an increase of 63% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, diammonium phosphate exports expanded to $X in 2022. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 36%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons), Germany (X tons) and France (X tons) were the main destinations of diammonium phosphate exports from the Netherlands, together comprising 97% of total exports. Switzerland, Austria and Lithuania lagged somewhat behind, together comprising a further 1.6%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +15.0%), while shipments for the other leaders experienced a decline.

In value terms, Belgium ($X) emerged as the key foreign market for diammonium phosphate exports from the Netherlands, comprising 64% of total exports. The second position in the ranking was taken by Germany ($X), with a 29% share of total exports. It was followed by Switzerland, with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium totaled -13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-19.6% per year) and Switzerland (+21.9% per year).

Export Prices by Country

In 2022, the average diammonium phosphate export price amounted to $X per ton, rising by 12% against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, diammonium phosphate export price increased by +72.9% against 2016 indices. The most prominent rate of growth was recorded in 2014 an increase of 32%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Germany ($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 Lithuania (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Diammonium Phosphate Imports

Imports into the Netherlands

After two years of growth, purchases abroad of diammonium phosphate decreased by -84.5% to X tons in 2022. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 488%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, diammonium phosphate imports shrank rapidly to $X in 2022. Overall, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 383% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of diammonium phosphate to the Netherlands, accounting for a 55% share of total imports. Moreover, diammonium phosphate imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a 9.1% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled -12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+59.9% per year) and Germany (+22.8% per year).

In value terms, Belgium ($X) constituted the largest supplier of diammonium phosphate to the Netherlands, comprising 61% of total imports. The second position in the ranking was taken by France ($X), with a 20% share of total imports. It was followed by Germany, with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium stood at -8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+52.6% per year) and Germany (+9.7% per year).

Import Prices by Country

In 2022, the average diammonium phosphate import price amounted to $X per ton, growing by 45% against the previous year. In general, the import price continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 59% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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