Latin America and the Caribbean: Dicalcium Phosphate Market 2024

Dicalcium Phosphate Market Size in Latin America and the Caribbean

After four years of growth, the Latin American dicalcium phosphate market decreased by X% to $X in 2023. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2022, and then shrank remarkably in the following year.

Dicalcium Phosphate Production in Latin America and the Caribbean

In value terms, dicalcium phosphate production totaled $X in 2023 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Dicalcium Phosphate Exports

Exports in Latin America and the Caribbean

After two years of growth, shipments abroad of calcium hydrogenorthophosphate (dicalcium phosphate) decreased by X% to X tons in 2023. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, dicalcium phosphate exports shrank significantly to $X in 2023. Total exports indicated a modest expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2022 with an increase of X%. As a result, the exports reached the peak of $X, and then dropped remarkably in the following year.

Exports by Country

Peru was the key exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by Brazil (X tons), achieving an X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to dicalcium phosphate exports from Peru stood at X%. At the same time, Brazil (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Peru and Brazil increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Peru ($X) remains the largest dicalcium phosphate supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with an X% share of total exports.

In Peru, dicalcium phosphate exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Latin America and the Caribbean amounted to $X per ton, waning by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped notably in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Peru stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Peru (X%).

Dicalcium Phosphate Imports

Imports in Latin America and the Caribbean

In 2023, purchases abroad of calcium hydrogenorthophosphate (dicalcium phosphate) decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2023, the growth of imports failed to regain momentum.

In value terms, dicalcium phosphate imports contracted significantly to $X in 2023. Total imports indicated modest growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then plummeted in the following year.

Imports by Country

Brazil represented the main importer of calcium hydrogenorthophosphate (dicalcium phosphate) in Latin America and the Caribbean, with the volume of imports amounting to X tons, which was near X% of total imports in 2023. Chile (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Ecuador (X%) and Paraguay (X%). The following importers - Colombia (X tons), Peru (X tons) and Uruguay (X tons) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Paraguay (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Chile ($X) and Ecuador ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Paraguay, Colombia, Uruguay and Peru lagged somewhat behind, together accounting for a further X%.

Paraguay, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Latin America and the Caribbean amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted notably in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Colombia ($X per ton) and Paraguay ($X per ton), while Chile ($X per ton) and Ecuador ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform