India - Monoammonium Phosphate (MAP) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 20, 2024

India - Monoammonium Phosphate (MAP) - Market Analysis, Forecast, Size, Trends And Insights

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Monoammonium Phosphate Price in India - 2023

Contents:

  1. Monoammonium Phosphate Price in India (CIF) - 2022
  2. Monoammonium Phosphate Price in India (FOB) - 2023
  3. Monoammonium Phosphate Imports in India
  4. Monoammonium Phosphate Exports in India

Monoammonium Phosphate Price in India (CIF) - 2022

The average monoammonium phosphate import price stood at $905 per ton in 2022, growing by 28% against the previous year. Over the period under review, the import price posted a prominent expansion. The growth pace was the most rapid in 2021 an increase of 66% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,045 per ton), while the price for Russia ($840 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced a decline.

Monoammonium Phosphate Price in India (FOB) - 2023

The average monoammonium phosphate export price stood at $384 per ton in September 2023, therefore, remained relatively stable against the previous month. In general, the export price faced a abrupt slump. The pace of growth appeared the most rapid in May 2023 an increase of 3,454% against the previous month. As a result, the export price attained the peak level of $12,205 per ton. From June 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In September 2023, the country with the highest price was Mauritius ($439 per ton), while the average price for exports to the United Arab Emirates amounted to $341 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-0.7%), while the prices for the other major destinations experienced a decline.

Monoammonium Phosphate Imports in India

In 2022, purchases abroad of monoammonium phosphate (MAP) increased by 183% to 449K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, monoammonium phosphate imports surged to $407M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Monoammonium Phosphate in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.10.32.32241208.4%
China78.656.810712516.7%
MoroccoN/A0.1N/A52.22184.7%
Vietnam4.12.9N/AN/A-29.3%
Saudi ArabiaN/A6.5N/AN/A0%
Others4.75.03.25.97.9%
Total87.571.611240766.9%

Top Suppliers of Monoammonium Phosphate to India in 2022:

  1. Russia (266.5K tons)
  2. China (119.2K tons)
  3. Morocco (56.6K tons)

Monoammonium Phosphate Exports in India

In 2022, the amount of monoammonium phosphate (MAP) exported from India skyrocketed to 3.9K tons, picking up by 1,562% compared with 2021. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, monoammonium phosphate exports soared to $2.6M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Monoammonium Phosphate in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/AN/A1,7290%
United Arab Emirates48.6173N/A402102.2%
South KoreaN/AN/A15821234.2%
VietnamN/AN/A119N/A0%
Others5.81.65.2214232.9%
Total54.51752832,557260.7%

Top Export Markets for Monoammonium Phosphate from India in 2022:

  1. Malaysia (2565.0 tons)
  2. United Arab Emirates (1003.0 tons)
  3. South Korea (208.0 tons)

Source: IndexBox Market Intelligence Platform

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

  • India

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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
  12. 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
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