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Australia - Monoammonium Phosphate (MAP) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAustralia's Monoammonium Phosphate Imports Slump to $538M in 2023
Australia Monoammonium Phosphate Imports
In 2023, supplies from abroad of monoammonium phosphate (MAP) decreased by -34.9% to 795K tons, falling for the second year in a row after three years of growth. In general, total imports indicated a notable increase from 2013 to 2023: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by -36.7% against 2021 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 41%. Imports peaked at 1.3M tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.
In value terms, monoammonium phosphate imports shrank dramatically to $538M (IndexBox estimates) in 2023. Over the period under review, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 82%. Imports peaked at $1B in 2022, and then contracted sharply in the following year.
COUNTRY | Import Value of Monoammonium Phosphate in Australia (million USD) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
Saudi Arabia | N/A | 27.7 | 12.7 | 15.2 | 40.7 | 63.3 | 77.2 | 35.2 | 164 | 208 | 182 |
China | 37.8 | 86.8 | 101 | 133 | 170 | 182 | 227 | 216 | 310 | 288 | 143 |
Morocco | N/A | 33.0 | N/A | 5.8 | 2.0 | N/A | N/A | 1.0 | 56.5 | 218 | 104 |
United States | 104 | 156 | 136 | 126 | 121 | 123 | 76.0 | 99.6 | 103 | 155 | 82.5 |
Jordan | N/A | 0.5 | 3.0 | N/A | N/A | 15.9 | 6.1 | N/A | 7.5 | 42.0 | 24.7 |
Mexico | 106 | 81.3 | 63.3 | 51.4 | 15.5 | N/A | N/A | N/A | N/A | 40.1 | N/A |
Russia | N/A | N/A | 20.0 | 0.1 | N/A | N/A | 0.1 | 1.6 | 1.5 | 94.9 | N/A |
Others | 23.4 | 3.0 | 10.7 | 11.5 | 2.0 | 16.8 | 8.9 | 0.9 | 1.5 | 2.0 | 1.5 |
Total | 271 | 388 | 347 | 342 | 351 | 401 | 395 | 354 | 644 | 1,048 | 538 |
Imports by Country
Saudi Arabia (264K tons), China (210K tons) and Morocco (158K tons) were the main suppliers of monoammonium phosphate imports to Australia, with a combined 79% share of total imports.
From 2013 to 2023, the biggest increases were recorded for Morocco (with a CAGR of +142.5%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Saudi Arabia ($182M), China ($143M) and Morocco ($104M) constituted the largest monoammonium phosphate suppliers to Australia, with a combined 80% share of total imports.
In terms of the main suppliers, Morocco, with a CAGR of +152.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the monoammonium phosphate price amounted to $677 per ton (CIF, Australia), falling by -21.1% against the previous year. Overall, the import price, however, enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2022 when the average import price increased by 67%. As a result, import price attained the peak level of $858 per ton, and then fell markedly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from Jordan ($768 per ton) and Saudi Arabia ($689 per ton), while the price for the United States ($635 per ton) and Morocco ($661 per ton) were amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the monoammonium phosphate market in Australia. 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 - Monoammonium phosphate (MAP)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023