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Diammonium Phosphate Market Report: Production, Exports, Imports and Forecast – IndexBox
IndexBox, Inc.
IndexBox, Inc.

Companies Mentioned in the Report: 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.

NEW YORK, May 27, 2022 (GLOBE NEWSWIRE) -- IndexBox has just published a new report: 'U.S. – Diammonium Phosphate - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

U.S. Diammonium Phosphate Market Statistics

Imports

815.3 Million USD

Exports

241.2 Million USD

Top Foreign Suppliers

Saudi Arabia, Jordan, Australia

Top Export Destinations

Brazil, Colombia, Canada

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. REQUEST FREE DATA

U.S. Diammonium Phosphate Production

Diammonium phosphate production in the United States was estimated at approx. 1.8M tonnes 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 tonnes in 2011. REQUEST FREE DATA

U.S. Diammonium Phosphate Exports

In 2021, exports of diammonium phosphate from the United States dropped markedly to 561K tonnes, 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 tonnes in 2011; however, from 2012 to 2021, the volume of supplies failed to regain momentum. REQUEST FREE DATA

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 tonnes), Brazil (103K tonnes) and Canada (93K tonnes) 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%.