Report Update Nov 1, 2024

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

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Peru: Monoammonium Phosphate Market 2024

Monoammonium Phosphate Market Size in Peru

The Peruvian monoammonium phosphate market expanded rapidly to $X in 2022, picking up by 14% 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). In general, consumption continues to indicate a pronounced increase. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Monoammonium Phosphate Exports

Exports from Peru

In 2022, approx. X tons of monoammonium phosphate (MAP) were exported from Peru; surging by 12% against 2021. In general, total exports indicated a mild increase from 2012 to 2022: its volume 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, exports decreased by -9.7% against 2020 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 49% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, monoammonium phosphate exports reduced to $X in 2022. Over the period under review, exports, however, continue to indicate a mild setback. The most prominent rate of growth was recorded in 2018 with an increase of 63% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X tons) was the main destination for monoammonium phosphate exports from Peru, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bolivia totaled +1.7%.

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

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia totaled -1.1%.

Export Prices by Country

The average monoammonium phosphate export price stood at $X per ton in 2022, waning by -17% against the previous year. In general, the export price recorded a noticeable decrease. The pace of growth appeared the most rapid in 2021 when the average export price increased by 44%. Over the period under review, the average export prices attained the maximum 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 Bolivia.

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to -2.8% per year.

Monoammonium Phosphate Imports

Imports into Peru

Monoammonium phosphate imports into Peru soared to X tons in 2022, rising by 21% against the previous year's figure. In general, imports showed pronounced growth. The pace of growth appeared the most rapid in 2017 when imports increased by 208% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, monoammonium phosphate imports expanded sharply to $X in 2022. Overall, imports posted a mild expansion. The pace of growth appeared the most rapid in 2017 with an increase of 169% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of monoammonium phosphate to Peru, accounting for a 62% share of total imports. Moreover, monoammonium phosphate imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was taken by Mexico (X tons), with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +27.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.3% per year) and Mexico (-1.6% per year).

In value terms, China ($X) constituted the largest supplier of monoammonium phosphate (MAP) to Peru, comprising 69% of total imports. The second position in the ranking was held by the United States ($X), with a 16% share of total imports. It was followed by Mexico, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +20.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-12.8% per year) and Mexico (-3.3% per year).

Import Prices by Country

In 2022, the average monoammonium phosphate import price amounted to $X per ton, declining by -11.8% against the previous year. Over the period under review, the import price showed a mild setback. The most prominent rate of growth was recorded in 2021 an increase of 43%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Mexico ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-1.7%), while the prices for the other major suppliers experienced a decline.

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, together accounting for 43% of global consumption. Canada, Russia, Nigeria, Mexico, Australia, South Korea, Iran, Argentina, Tanzania and Saudi Arabia lagged somewhat behind, together accounting for a further 27%.

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

The country with the largest volume of monoammonium phosphate production was China, accounting for 30% of total volume. Moreover, monoammonium phosphate production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Russia, with a 9.3% share.

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

In value terms, the largest monoammonium phosphate suppliers to Peru were China, the United States and Mexico, together accounting for 97% of total imports.

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

In value terms, Bolivia remains the key foreign market for monoammonium phosphate exports from Peru.

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

In 2021, the average monoammonium phosphate export price amounted to $485 per ton, picking up by 3% against the previous year.

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

In 2021, the average monoammonium phosphate import price amounted to $474 per ton, picking up by 1.7% against the previous year.

This report provides an in-depth analysis of the monoammonium phosphate market in Peru. 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:

Peru

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Peru
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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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