Report Update Nov 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Northern America: Diammonium Phosphate Market 2024

Diammonium Phosphate Market Size in Northern America

The North American diammonium phosphate market reduced modestly to $X in 2022, shrinking by -2.9% against the previous year. Over the period under review, consumption, however, showed prominent growth. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Diammonium Phosphate Production in Northern America

In value terms, diammonium phosphate production skyrocketed to $X in 2022 estimated in export price. The total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +54.4% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of 92%. The level of production peaked in 2022 and is likely to see gradual growth in the immediate term.

Diammonium Phosphate Exports

Exports in Northern America

In 2022, shipments abroad of diammonium phosphate increased by 5,547% to X tons, rising for the third year in a row after two years of decline. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, diammonium phosphate exports skyrocketed to $X in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the one major exporters of diammonium phosphate, namely the United States, represented more than two-thirds of total export.

The United States was also the fastest-growing in terms of the diammonium phosphate exports, with a CAGR of +104.7% from 2012 to 2022. While the share of the United States (+98 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to +116.7%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, surging by 13% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the export price increased by 74% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2020; however, from 2021 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 +5.9% per year.

Diammonium Phosphate Imports

Imports in Northern America

For the third consecutive year, Northern America recorded decline in purchases abroad of diammonium phosphate, which decreased by -30.2% to X tons in 2022. In general, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 165% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, diammonium phosphate imports amounted to $X in 2022. Over the period under review, imports continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2019 with an increase of 186% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Canada prevails in imports structure, accounting for X tons, which was approx. 96% of total imports in 2022. The United States (X tons) held a relatively small share of total imports.

Canada was also the fastest-growing in terms of the diammonium phosphate imports, with a CAGR of -7.1% from 2012 to 2022. The United States (-14.6%) illustrated a downward trend over the same period. While the share of Canada (+4.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United States (-4.9 p.p.) displayed negative dynamics.

In value terms, Canada ($X) constitutes the largest market for imported diammonium phosphate in Northern America, comprising 97% of total imports. The second position in the ranking was taken by the United States ($X), with a 2.7% share of total imports.

In Canada, diammonium phosphate imports decreased by an average annual rate of -2.9% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, jumping by 55% against the previous year. Import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, diammonium phosphate import price increased by +80.6% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for diammonium phosphate in Northern America?

The country with the largest volume of diammonium phosphate consumption was the United States, accounting for 88% of total volume. Moreover, diammonium phosphate consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, sevenfold.

What are the largest producers of diammonium phosphate in Northern America?

The United States remains the largest diammonium phosphate producing country in Northern America, comprising approx. 87% of total volume. Moreover, diammonium phosphate production in the United States exceeded the figures recorded by the second-largest producer, Canada, sevenfold.

What are the leading suppliers of diammonium phosphate in Northern America?

In value terms, the United States remains the largest diammonium phosphate supplier in Northern America, comprising 97% of total exports. The second position in the ranking was occupied by Canada, with a 3.5% share of total exports.

What are the leading importers of diammonium phosphate in Northern America?

In value terms, the United States constitutes the largest market for imported diammonium phosphate in Northern America, comprising 95% of total imports. The second position in the ranking was occupied by Canada, with a 4.7% share of total imports.

What is the average export price for diammonium phosphate in Northern America?

The diammonium phosphate export price in Northern America stood at $435 per ton in 2021, rising by 52% against the previous year.

What is the average import price for diammonium phosphate in Northern America?

In 2021, the diammonium phosphate import price in Northern America amounted to $557 per ton, growing by 73% against the previous year.

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

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023