Report Update Nov 1, 2024

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

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Singapore: Monoammonium Phosphate Market 2024

Monoammonium Phosphate Market Size in Singapore

The Singaporean monoammonium phosphate market declined to $X in 2022, shrinking by -6.4% against the previous year. Overall, consumption, however, saw a resilient expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Monoammonium Phosphate Production in Singapore

In value terms, monoammonium phosphate production fell to $X in 2022 estimated in export price. Overall, production, however, saw strong growth. The pace of growth was the most pronounced in 2018 when the production volume increased by 79% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Monoammonium Phosphate Exports

Exports from Singapore

In 2022, the amount of monoammonium phosphate (MAP) exported from Singapore skyrocketed to X tons, growing by 25% compared with 2021. In general, exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 2,046%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, monoammonium phosphate exports surged to $X in 2022. Over the period under review, exports showed a strong expansion. The growth pace was the most rapid in 2014 when exports increased by 6,181%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X tons) was the main destination for monoammonium phosphate exports from Singapore, with a 92% share of total exports. Moreover, monoammonium phosphate exports to Indonesia exceeded the volume sent to the second major destination, Bangladesh (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Indonesia amounted to +9.6%.

In value terms, Indonesia ($X) remains the key foreign market for monoammonium phosphate (MAP) exports from Singapore, comprising 78% of total exports. The second position in the ranking was held by Bangladesh ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Indonesia amounted to +10.9%.

Export Prices by Country

In 2022, the average monoammonium phosphate export price amounted to $X per ton, picking up by 14% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 193%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while the average price for exports to Indonesia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Monoammonium Phosphate Imports

Imports into Singapore

In 2022, monoammonium phosphate imports into Singapore skyrocketed to X tons, picking up by 94% on 2021 figures. In general, imports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 209% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, monoammonium phosphate imports skyrocketed to $X in 2022. Overall, imports, however, saw a perceptible curtailment. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

India (X tons) and China (X tons) were the main suppliers of monoammonium phosphate imports to Singapore.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of -6.8%).

In value terms, India ($X) constituted the largest supplier of monoammonium phosphate (MAP) to Singapore, comprising 84% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India was relatively modest.

Import Prices by Country

In 2022, the average monoammonium phosphate import price amounted to $X per ton, growing by 174% against the previous year. Overall, the import price posted a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 India ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.6%), 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, 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. Russia ranked third in terms of total production with a 9.3% share.

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

In value terms, China constituted the largest supplier of monoammonium phosphate to Singapore, comprising 45% of total imports. The second position in the ranking was occupied by Belgium, with a 21% share of total imports. It was followed by Hong Kong SAR, with an 8.9% share.

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

In value terms, South Africa emerged as the key foreign market for monoammonium phosphate exports from Singapore, comprising 48% of total exports. The second position in the ranking was occupied by Australia, with a 21% share of total exports. It was followed by Indonesia, with a 17% share.

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

The average monoammonium phosphate export price stood at $394 per ton in 2021, growing by 4.2% against the previous year.

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

The average monoammonium phosphate import price stood at $841 per ton in 2021, approximately equating the previous year.

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

Singapore

Data coverage:

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