Report Update Nov 1, 2024

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

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Sri Lanka: Monoammonium Phosphate Market 2024

Monoammonium Phosphate Market Size in Sri Lanka

The Sri Lankan monoammonium phosphate market surged to $X in 2022, jumping by 37% against the previous year. In general, consumption, however, continues to indicate a noticeable slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Monoammonium Phosphate Production in Sri Lanka

In value terms, monoammonium phosphate production stood at $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. Monoammonium phosphate production peaked in 2022 and is expected to retain growth in the near future.

Monoammonium Phosphate Exports

Exports from Sri Lanka

Monoammonium phosphate exports from Sri Lanka rose notably to X tons in 2022, picking up by 14% against 2021 figures. In general, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 863%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, monoammonium phosphate exports dropped to $X in 2022. Overall, exports showed a strong expansion. The pace of growth was the most pronounced in 2020 when exports increased by 888% against the previous year. The exports peaked at $X in 2021, and then fell slightly in the following year.

Exports by Country

Maldives (X tons) was the main destination for monoammonium phosphate exports from Sri Lanka, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Maldives totaled +17.0%.

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

From 2012 to 2022, the average annual growth rate of value to Maldives totaled +15.1%.

Export Prices by Country

In 2022, the average monoammonium phosphate export price amounted to $X per ton, declining by -12.9% against the previous year. In general, the export price continues to indicate a slight reduction. The growth pace was the most rapid in 2021 when the average export price increased by 29%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -1.6% per year.

Monoammonium Phosphate Imports

Imports into Sri Lanka

Monoammonium phosphate imports into Sri Lanka reduced remarkably to X kg in 2022, declining by 99.9% compared with the previous year. In general, imports showed a dramatic contraction. The pace of growth appeared the most rapid in 2019 with an increase of 114% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, monoammonium phosphate imports contracted markedly to $X in 2022. Over the period under review, imports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 127% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X kg) was the main supplier of monoammonium phosphate to Sri Lanka, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to +6.1%.

In value terms, India ($X) constituted the largest supplier of monoammonium phosphate (MAP) to Sri Lanka.

From 2012 to 2022, the average annual growth rate of value from India amounted to +24.7%.

Import Prices by Country

In 2022, the average monoammonium phosphate import price amounted to $X per ton, jumping by 2,925% against the previous year. Overall, the import price saw a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +17.5% per year.

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 comprising 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. 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 Sri Lanka?

In value terms, Egypt constituted the largest supplier of monoammonium phosphate to Sri Lanka, comprising 67% of total imports. The second position in the ranking was occupied by China, with a 33% share of total imports.

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

In value terms, Maldives $975) remains the key foreign market for monoammonium phosphate exports from Sri Lanka.

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

In 2021, the average monoammonium phosphate export price amounted to $118 per ton, picking up by 6.4% against the previous year.

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

The average monoammonium phosphate import price stood at $533 per ton in 2021, reducing by -16.6% against the previous year.

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

Sri Lanka

Data coverage:

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