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U.S. - Diammonium Phosphate (DAP) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingU.S. Diammonium Phosphate Imports Skyrocket to 1.4M Tons
IndexBox has just published a new report: 'U.S. - Diammonium Phosphate (DAP) - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.
In 2021, the U.S. diammonium phosphate market was estimated at $1.2B. The market peaked at $1.5B in 2014; however, from 2015 to 2021, consumption failed to regain momentum.
U.S. Diammonium Phosphate Production
Diammonium phosphate production in the United States was estimated at approx. 1.8M tons in 2021. Compared to the previous year, DAP production reduced owing to technical problems at a phosphate plant in Florida and damages of Louisiana's phosphate facilities caused by Hurricane Ida. In the past decade, production reduced threefold, falling from 6.6M tons in 2011.
U.S. Diammonium Phosphate Imports
In 2021, the amount of diammonium phosphate imported into the United States surged to 1.4M tons, increasing by 60% on the year before. Over the last decade purchases rose more than fivefold in physical terms.
In value terms, diammonium phosphate imports surged from $292M in 2020 to $815M in 2021.
Imports by Country
Saudi Arabia (540K tons), Jordan (375K tons) and Australia (256K tons) were the main suppliers of diammonium phosphate imports to the United States, with a combined 81% share of total purchases.
In value terms, the largest diammonium phosphate suppliers to the United States were Saudi Arabia ($268M), Jordan ($245M) and Australia ($149M), together comprising 81% of total imports.
Import Prices by Country
The average diammonium phosphate import price stood at $565 per ton in 2021, increasing by 74% against the previous year. Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Jordan ($652 per ton) and Russia ($616 per ton), while the price for Saudi Arabia ($496 per ton) and Egypt ($511 per ton) were amongst the lowest. From 2011 to 2021, the most notable rate of growth in terms of prices was attained by Jordan, while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Diammonium Phosphate Exports
In 2021, exports of diammonium phosphate from the United States dropped markedly to 561K tons, reducing by -39.5% on 2020. In general, exports continue to indicate an abrupt downturn. The pace of growth appeared the most rapid in 2019 with an increase of 17% against the previous year. The exports peaked at 4M tons in 2011; however, from 2012 to 2021, the volume of supplies failed to regain momentum.
In value terms, diammonium phosphate exports fell to $241M in 2021. Over the past decade, supplies abroad showed a dramatic contraction. The pace of growth was the most pronounced in 2019 with an increase of 3.3% against the previous year. Over the period under review, exports hit record highs at $2.2B in 2011; however, from 2012 to 2021, the value of supplies remained at a lower figure.
Exports by Country
Mexico (136K tons), Brazil (103K tons) and Canada (93K tons) were the main destinations of diammonium phosphate exports from the United States, with a combined 59% share of total volume. These countries were followed by Colombia, Peru, Honduras and the Dominican Republic, which together accounted for a further 32%.
In value terms, Brazil ($50M), Colombia ($43M) and Canada ($40M) appeared to be the largest markets for diammonium phosphate exported from the United States worldwide, together accounting for 55% of total exports.
Export Prices by Country
In 2021, the average diammonium phosphate export price amounted to $430 per ton, increasing by 53% against the previous year. There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the Dominican Republic ($669 per ton), while the average price for exports to Mexico ($217 per ton) was amongst the lowest. From 2011 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced mixed trend patterns.
This report provides an in-depth analysis of the diammonium phosphate market in the U.S.. 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 4022 - Diammonium phosphate (DAP)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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