Report Update Nov 1, 2024

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

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Global Monoammonium Phosphate Market 2024

Monoammonium Phosphate Market Size

The global monoammonium phosphate market expanded significantly to $X in 2022, increasing by 9.5% against the previous year. The market value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market attained the peak level in 2022 and is expected to retain growth in the immediate term.

Monoammonium Phosphate Production

In value terms, monoammonium phosphate production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 21%. Over the period under review, global production attained the peak level at $X in 2021, and then shrank in the following year.

Monoammonium Phosphate Exports

Exports

In 2022, approx. X tons of monoammonium phosphate (MAP) were exported worldwide; falling by -15.1% on the previous year's figure. In general, exports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of 30%. The global exports peaked at X tons in 2021, and then reduced rapidly in the following year.

In value terms, monoammonium phosphate exports totaled $X in 2022. Overall, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 103%. The global exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

The biggest shipments were from Russia (X tons), Morocco (X tons), the United States (X tons) and China (X tons), together resulting at 82% of total export. It was distantly followed by Saudi Arabia (X tons), generating an 11% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the United States (with a CAGR of +169.9%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest monoammonium phosphate supplying countries worldwide were Morocco ($X), the United States ($X) and China ($X), with a combined 70% share of global exports.

The United States, with a CAGR of +170.4%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average monoammonium phosphate export price stood at $X per ton in 2022, increasing by 33% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monoammonium phosphate export price increased by +107.7% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 57% against the previous year. The global export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the other global leaders experienced more modest paces of growth.

Monoammonium Phosphate Imports

Imports

In 2022, overseas purchases of monoammonium phosphate (MAP) decreased by -16% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when imports increased by 24%. Over the period under review, global imports reached the peak figure at X tons in 2021, and then declined markedly in the following year.

In value terms, monoammonium phosphate imports skyrocketed to $X in 2022. Overall, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. Over the period under review, global imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Brazil represented the major importer of monoammonium phosphate (MAP) in the world, with the volume of imports accounting for X tons, which was approx. 37% of total imports in 2022. Canada (X tons) took the second position in the ranking, followed by Australia (X tons) and Argentina (X tons). All these countries together held approx. 33% share of total imports. India (X tons), South Africa (X tons), Mexico (X tons) and Colombia (X tons) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the monoammonium phosphate (MAP) imports, with a CAGR of +8.7% from 2012 to 2022. At the same time, Mexico (+8.3%), India (+7.3%), Australia (+6.5%), South Africa (+5.9%), Canada (+5.8%), Argentina (+4.7%) and Colombia (+4.2%) displayed positive paces of growth. From 2012 to 2022, the share of Brazil increased by +9.2 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported monoammonium phosphate (MAP) worldwide, comprising 41% of global imports. The second position in the ranking was held by Canada ($X), with a 12% share of global imports. It was followed by Australia, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to +14.6%. The remaining importing countries recorded the following average annual rates of imports growth: Canada (+10.1% per year) and Australia (+11.2% per year).

Import Prices by Country

In 2022, the average monoammonium phosphate import price amounted to $X per ton, growing by 52% against the previous year. Overall, the import price enjoyed a moderate expansion. The growth pace was the most rapid in 2021 an increase of 70% against the previous year. Global import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.5%), while the other global leaders experienced more modest paces of growth.

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 comprising 43% 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 constituted the country with the largest volume of monoammonium phosphate production, 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) in the world?

In value terms, the largest monoammonium phosphate supplying countries worldwide were China, Russia and the United States, together comprising 69% of global exports. These countries were followed by Morocco, Saudi Arabia and Mexico, which together accounted for a further 23%.

What are the leading importers of monoammonium phosphate (map) in the world?

In value terms, Brazil constitutes the largest market for imported monoammonium phosphate map) worldwide, comprising 41% of global imports. The second position in the ranking was occupied by Canada, with a 13% share of global imports. It was followed by the United States, with a 9.2% share.

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

The average monoammonium phosphate export price stood at $443 per ton in 2021, rising by 34% against the previous year.

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

The average monoammonium phosphate import price stood at $556 per ton in 2021, increasing by 61% against the previous year.

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

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Company coverage:

PhosAgro, OCP Group, Maaden, Jordan Phosphate Mines Co., Lifosa, Acron, CotexChem, Nutrien, Eurochem, Mosaic, Mississippi Phosphates Corporation, GJ Chemical, The Chemical Co., Greenway Products Inc., S&G Resources, SinoFert, Lemandou, HELM AG, Hindalco, Paradeep Phosphates Ltd., Rama Phosphates Ltd.

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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL 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. GLOBAL 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
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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