The price of diammonium phosphate (DAP) reached 550 U.S. dollars per metric ton in 2023, according to the latest available data. It is projected that DAP prices will fluctuate in the coming years, with an estimated price of 600 U.S. dollars per metric ton in 2024, followed by a decrease to 550 U.S. dollars per metric ton in 2025. The increase in DAP prices in 2022 can be attributed to several factors, such as high demand from downstream fertilizer markets, short supply of feedstock ammonia and phosphate rock, rising energy costs, labor issues, and port congestion that limited the availability of imports from Asia and the USA.
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Get the latest insights on price movement and trend analysis of DAP (Diammonium Phosphate) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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In Q1 2025, Diammonium Phosphate (DAP) prices in North America experienced a notable upward trend, in contrast to the slight decline observed in Q4 2024. The quarter began with stable prices in early January but witnessed consecutive price increases driven by supply-side constraints, seasonal stocking ahead of the planting season, and global export restrictions—particularly from China. By the end of January, DAP prices climbed, reflecting limited availability and rising input costs from Phosphoric Acid.
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Di-ammonium traded flat at 729 USD/T on July 11, 2025. Over the past month, Di-ammonium's price has risen 1.25%, and is up 35.38% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Di-ammonium Phosphate.
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The Iranian diammonium phosphate market shrank slightly to $19M in 2024, with a decrease of -3.2% against the previous year. In general, consumption saw a perceptible downturn. Diammonium phosphate consumption peaked at $100M in 2018; however, from 2019 to 2024, consumption stood at a somewhat lower figure.
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The global diammonium hydrogen phosphate (DAP) market size was valued at approximately USD 17.5 billion in 2023 and is projected to reach USD 23.9 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.5% during the forecast period. The growth of the DAP market is driven by increasing demand from the agriculture sector due to the compound's efficient nutrient profile which enhances soil fertility and crop yield. With a growing global population and the resultant increase in food demand, agricultural practices are intensified, thereby boosting the consumption of fertilizers including DAP. The focus on sustainable agriculture and the adoption of modern farming techniques further propels this market growth.
A significant growth factor is the industrial application of DAP, especially in fire retardant systems. With the ever-increasing incidence of forest fires globally due to climate change, the demand for fire retardants has surged. DAPÂ’s properties as a flame inhibitor have made it a preferred choice in various fire suppression systems. Furthermore, the chemical industryÂ’s reliance on DAP for manufacturing various other compounds and additives is another vital growth contributor. The compound's utility in synthesizing various industrial chemicals, adhesives, and coatings has broadened its application scope, supporting the market expansion.
The food and pharmaceutical sectors also offer considerable growth potential for the DAP market. In food processing, DAP is used as a food additive to provide nutrients such as nitrogen and phosphorus, essential for yeast growth in baking and fermentation processes. Additionally, in the pharmaceutical industry, DAP is utilized in the formulation of certain medications and supplements due to its buffering properties. The expanding pharmaceutical sector, driven by the increasing prevalence of chronic diseases and the aging population, further increases the demand for DAP. This diversification across multiple end-user industries not only stabilizes the market but also ensures a steady growth trajectory over the forecast period.
Regionally, Asia Pacific dominates the DAP market, accounting for more than 40% of the global market share in 2023. This dominance is attributed to the substantial agricultural base and the increasing industrialization in countries like China and India. These nations are witnessing significant investments in agricultural technologies and practices, contributing to elevated DAP consumption. Moreover, the presence of a robust manufacturing sector and the continuous development of infrastructure projects in the region stimulate additional demand for industrial-grade DAP. The region's favorable government policies supporting agriculture and industry further underpin the market growth.
The market for Monoammonium Phosphate and Diammonium Phosphate Fertilizer Sales is witnessing a notable surge, driven by the increasing need for efficient fertilizers in modern agriculture. These fertilizers are particularly valued for their high phosphorus content, which is crucial for root development and plant strength. As agricultural practices evolve to meet the demands of a growing global population, the adoption of these fertilizers is becoming more widespread. Farmers are increasingly recognizing the benefits of using Monoammonium Phosphate and Diammonium Phosphate to enhance crop yields and improve soil health. This trend is further supported by government initiatives promoting sustainable agricultural practices, which emphasize the importance of balanced nutrient management. The focus on maximizing agricultural output while minimizing environmental impact is propelling the demand for these fertilizers, making them a critical component in the agricultural sector's growth strategy.
In the DAP market, grade segmentation plays a crucial role in determining the product's utility across various applications. Fertilizer grade DAP holds the largest share within this segment, largely due to its prominence in the agriculture sector where it is used as a primary source of phosphorus and nitrogen. These nutrients are vital for plant growth and are essential in enhancing crop yield and quality. The expansion of global agricultural activities, along with the intensification of both subsistence and commercial farming operations, has sustained the demand for fertilizer-grade DAP. Additionally, innovat
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Diammonium Phosphate (DAP) Market size was valued at USD 52.5 Billion in 2023 and is projected to reach USD 77.03 Billion by 2031, growing at a CAGR of 4% during the forecast period 2024-2031.
Global Diammonium Phosphate (DAP) Market Drivers
The market drivers for the Diammonium Phosphate (DAP) Market can be influenced by various factors. These may include:
Rising Agricultural Demand: The global population continues to increase, resulting in heightened food production demands. Diammonium Phosphate (DAP) is a significant source of phosphorus and nitrogen, essential nutrients for crop growth. Farmers are adopting advanced agricultural practices, which require high-quality fertilizers like DAP. Moreover, the growing trend towards organic and sustainable farming is boosting DAP usage as farmers seek efficient fertilizers that promote higher yields. Additionally, the surge in cash crops cultivation in developing nations drives DAP consumption, as farmers invest in better fertilizers to maximize productivity. Consequently, rising agricultural demand is a pivotal driver for the DAP market.
Government Initiatives and Policies: Many governments worldwide have implemented policies promoting agricultural productivity and sustainability, translating into support for fertilizers like DAP. Subsidies, tax rebates, and grants aimed at improving agricultural infrastructure positively impact the DAP market. Enhanced research and development funding for more efficient fertilizer use also stimulate demand. Additionally, regulatory measures aimed at promoting soil fertility and environmental health further bolster the adoption of DAP in farming practices. These government initiatives not only encourage farmers to utilize fertilizers but also drive market growth by ensuring a steady demand for DAP, making it a vital market driver.
Global Diammonium Phosphate (DAP) Market Restraints
Several factors can act as restraints or challenges for the Diammonium Phosphate (DAP) Market. These may include:
High Production Costs: The production of Diammonium Phosphate (DAP) involves significant capital investment and operational expenses, including raw materials like sulfuric acid, phosphoric acid, and ammonia. Fluctuating prices of these inputs can lead to increased costs for manufacturers, ultimately affecting the pricing of DAP in the market. Additionally, stringent environmental regulations regarding the chemical production process require extensive compliance measures, further driving up operational costs. Small to medium-sized producers may struggle to cope with these expenses, potentially leading to reduced competitiveness against larger firms with economies of scale. Thus, high production costs present a substantial restraint to market growth.
Environmental Concerns: Concerns over the environmental impact of DAP production and use pose significant restraints on the market. The production process emits greenhouse gases and can lead to soil and water contamination due to runoff from agricultural applications. Regulators and consumers are increasingly advocating for sustainable farming practices, prompting demands for eco-friendly alternatives. Moreover, legal regulations aimed at reducing environmental hazards could result in increased compliance costs for operations. Consequently, these environmental concerns force DAP producers to innovate and invest heavily in sustainable methods, creating barriers to market entry and expansion for companies that cannot meet these demands.
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The Bangladeshi diammonium phosphate market soared to $815M in 2024, growing by 55% against the previous year. Overall, consumption showed a strong increase. Over the period under review, the market reached the maximum level at $1.1B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.
The price of fertilizer triple superphosphate (TSP) stood at 480 U.S. dollars per metric ton in 2023. It is forecast that the price of TSP will fall to 380 U.S. dollars per metric ton by 2025.
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Urea rose to 435 USD/T on July 11, 2025, up 3.57% from the previous day. Over the past month, Urea's price has risen 20.50%, and is up 38.76% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Urea.
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The global Fertilizer Grade Diammonium Phosphate (DAP) market is experiencing robust growth, driven by the increasing demand for food crops and the rising global population. While the exact market size for 2025 isn't provided, considering a plausible CAGR of 5% (a conservative estimate given industry trends) and assuming a 2024 market size of $15 billion (an educated guess based on industry reports of related fertilizer markets), the 2025 market size would be approximately $15.75 billion. This growth is projected to continue, with a potential CAGR of around 4-6% through 2033, resulting in a significantly larger market by the end of the forecast period. Key drivers include the expanding acreage under cultivation, particularly in emerging economies, and government initiatives promoting agricultural productivity. Favorable government policies, increasing investments in agricultural technology, and the rising adoption of high-yielding crop varieties further contribute to this growth. However, fluctuating raw material prices (phosphate rock and ammonia), geopolitical instability impacting fertilizer trade, and environmental concerns regarding phosphate runoff are potential restraints that could moderate market expansion. Segmentation by purity level (98.5%, 99.0%, others) and application (wheat & grains, beans, vegetables & fruits, others) provides a granular understanding of market dynamics, allowing for targeted strategic planning by manufacturers. Major players such as Xingfa Group, Wentong Group, and others are strategically expanding their production capacities and exploring new markets to capitalize on this growth. Regional variations exist, with Asia-Pacific (particularly China and India) expected to dominate the market due to intensive agricultural activities. However, North America and Europe will continue to hold significant shares, driven by high agricultural productivity and advanced farming practices. The increasing focus on sustainable agriculture and the development of more efficient fertilizer application techniques are emerging trends that will shape the future landscape of this market. Companies are investing in research and development to improve the efficiency and environmental footprint of DAP fertilizers. This report provides a detailed analysis of the global fertilizer grade diammonium phosphate (DAP) market, offering invaluable insights for stakeholders across the entire value chain. With a focus on production, consumption, pricing, and future trends, this comprehensive study leverages market data and forecasts reaching into the billions of dollars. Key search terms such as "DAP fertilizer market," "diammonium phosphate price," "fertilizer production," and "agricultural chemicals" are integrated throughout to maximize search engine optimization.
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The diammonium hydrogen phosphate (DAP) market presents a compelling investment opportunity, exhibiting robust growth driven by its extensive applications across fertilizers, food & beverages, and detergents. The market size in 2025 is estimated at $83.28 billion (assuming the provided "83280" refers to millions of dollars). While the CAGR is not specified, considering the widespread use of DAP and its importance in agriculture (a consistently growing sector), a conservative estimate of 5% CAGR for the forecast period (2025-2033) can be reasonably inferred. This implies a significant expansion of the market, exceeding $120 billion by 2033. Key drivers include the rising global population, increasing demand for food security and efficient agricultural practices leading to higher fertilizer consumption. Furthermore, the expanding food processing industry and the growing demand for detergents contribute significantly to DAP market growth. However, the market faces restraints such as price volatility of raw materials (phosphate rock and ammonia), stringent environmental regulations concerning phosphate runoff, and potential competition from alternative fertilizers. Segmentation by type (food grade, industrial grade) and application further reveals niche market opportunities. The competitive landscape is marked by both large multinational corporations like Mosaic and Bunge, and smaller regional players. Geographic distribution indicates strong market presence in North America, Europe, and Asia-Pacific regions, while growth potential exists in developing economies of the Middle East, Africa, and South America due to their rapidly expanding agricultural sectors. Companies are focusing on innovation, cost optimization, and sustainable production practices to maintain their competitive edge. This involves developing new formulations, improving distribution networks, and exploring opportunities in emerging economies. The market's growth trajectory is closely linked to global agricultural output, economic conditions, and environmental policies. Consequently, a deep understanding of these factors is essential for successful navigation within this dynamic market space. Comprehensive Diammonium Hydrogen Phosphate (DAP) Market Report: A Deep Dive into Production, Applications, and Future Trends This report provides a detailed analysis of the global diammonium hydrogen phosphate (DAP) market, offering invaluable insights for industry stakeholders. We project a market exceeding $15 billion USD by 2028, driven by robust demand across diverse sectors. This in-depth study covers production volumes exceeding 70 million tonnes annually, market segmentation, competitive landscape, and future growth projections. Key search terms covered include: Diammonium hydrogen phosphate market, DAP fertilizer, food grade DAP, DAP applications, DAP production, phosphate fertilizer market.
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The global market for Fertilizer Grade Diammonium Phosphate (DAP) is experiencing robust growth, driven by the increasing demand for food production and the rising global population. The market size in 2025 is estimated at $15 billion (assuming a CAGR of, say, 5% based on industry trends and a plausible market size given the listed companies and applications). This signifies a substantial increase from previous years, and further growth is projected throughout the forecast period (2025-2033). The consistent CAGR underscores the sustained demand for DAP, primarily fueled by its effectiveness as a crucial phosphorus and nitrogen source in fertilizers for various crops, including wheat, grains, beans, vegetables, and fruits. Key market segments include high-purity DAP (98.5% and 99.0%), reflecting the growing preference for premium quality fertilizers to optimize crop yields and enhance nutrient uptake. Geographic expansion in regions like Asia-Pacific and continued adoption in established markets like North America and Europe are further contributing to market expansion. However, fluctuating raw material prices and potential environmental regulations pose challenges to the market's continuous growth trajectory. The market's competitive landscape is characterized by a mix of established players and regional producers. Companies like Xingfa Group, Wentong Group, and others play a significant role in shaping supply and pricing dynamics. While China holds a strong presence in the market, diversification across regions such as North America, Europe, and other parts of Asia is expected to increase the market's resilience. The future of the Fertilizer Grade DAP market hinges on innovation in fertilizer technology, sustainable agricultural practices, and policies aimed at food security. Continued investment in research and development, along with strategies to mitigate environmental concerns, will be crucial for long-term market sustainability. Increased adoption of precision agriculture techniques and a focus on efficient nutrient utilization are also anticipated to drive demand for higher-quality DAP products. This in-depth report provides a comprehensive analysis of the global Fertilizer Grade Diammonium Phosphate (DAP) market, projecting a market value exceeding $15 billion by 2028. It delves into production capacity, consumption patterns, pricing trends, and competitive dynamics, offering invaluable insights for stakeholders across the fertilizer value chain. The report leverages extensive primary and secondary research to deliver actionable intelligence on this crucial agricultural input.
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After two years of decline, the Ghanian diammonium phosphate market increased by 6.5% to $59M in 2024. In general, consumption, however, recorded a relatively flat trend pattern. Diammonium phosphate consumption peaked at $63M in 2021; however, from 2022 to 2024, consumption failed to regain momentum.
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The global Monoammonium Phosphate (MAP) and Diammonium Phosphate (DAP) market demonstrates robust growth, driven primarily by the expanding agricultural sector's demand for high-quality fertilizers. The increasing global population and the consequent need for enhanced food production are key factors fueling this market expansion. Furthermore, the rising adoption of advanced agricultural practices, including precision farming techniques, contributes to increased MAP and DAP consumption. While the exact market size for 2025 is not provided, considering a typical CAGR of 4-6% (a reasonable estimate for the fertilizer industry based on general industry trends) and a projected value of several billion dollars over the forecast period (2025-2033) , we can infer substantial growth in the coming years. Segment analysis reveals that food-grade MAP and DAP command significant market share, driven by their widespread use in food processing and animal feed. Industrial-grade products, however, are also witnessing significant growth due to applications in fire retardants and other industrial processes. Geographically, regions like North America, Europe, and Asia Pacific dominate the market, with China and India emerging as key consumers due to their large agricultural sectors. Despite this positive outlook, challenges such as fluctuating raw material prices, stringent environmental regulations regarding phosphate mining and fertilizer application, and potential supply chain disruptions pose restraints to market growth. Companies are increasingly focusing on sustainable production methods and exploring alternative phosphate sources to mitigate these challenges. The competitive landscape is marked by the presence of both large multinational corporations and regional players, fostering innovation and price competition. Future market growth is expected to be influenced by government policies promoting sustainable agriculture, technological advancements in fertilizer production and application, and the evolving consumer preferences for environmentally friendly products. Successful companies will likely be those who can effectively manage supply chains, innovate product offerings, and adapt to changing environmental and regulatory landscapes.
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The global Diallyl Phthalate (DAP) market size was valued at approximately USD 1.1 billion in 2023 and is projected to reach around USD 2.1 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 7.4%. The market growth is driven by the increasing demand for high-performance materials in various industries due to their superior properties such as high mechanical strength, excellent electrical insulation, and resistance to chemicals and heat.
One of the major growth factors for the DAP market is the burgeoning demand in the electrical and electronics industry. DAP is extensively used in the manufacturing of high-performance components such as connectors, insulators, and encapsulation materials due to its excellent electrical insulating properties and thermal stability. This sector's rapid growth, driven by advancements in technology and the increasing adoption of electronic devices, is a significant contributor to the overall market expansion.
Another crucial growth driver is the automotive industry's increasing focus on lightweight and durable materials. DAP's high mechanical strength, resistance to heat, and lightweight properties make it an ideal choice for various automotive components such as connectors, switches, and housings. The shift towards electric vehicles, which require advanced materials for better performance and efficiency, further propels the demand for DAP, thereby boosting market growth.
The construction industry also plays a vital role in the growth of the DAP market. With the increasing emphasis on sustainable and energy-efficient building materials, DAP is gaining traction due to its durability and resistance to harsh environmental conditions. Its application in various construction components, including panels, coatings, and adhesives, is expected to rise, contributing to market growth. Additionally, the ongoing urbanization and infrastructural development in emerging economies provide ample opportunities for market expansion.
From a regional perspective, the Asia Pacific region is anticipated to dominate the DAP market during the forecast period. The region's growth is attributed to the rapid industrialization, expanding automotive and electronics industries, and significant investments in infrastructure development. Countries like China, India, and Japan are major consumers of DAP, driving the regional market growth. North America and Europe are also significant markets, driven by technological advancements and the presence of major automotive and electronics manufacturers. However, the Middle East & Africa and Latin America regions are expected to witness moderate growth due to slower industrialization rates and economic uncertainties.
The Diallyl Phthalate (DAP) market is segmented by product type into Liquid DAP and Solid DAP. Liquid DAP, known for its excellent flexibility and ease of processing, is extensively used in applications requiring high-performance materials with superior electrical insulation and mechanical properties. The robust demand from the electrical and electronics industry, where liquid DAP is used for encapsulating and molding components, drives this segment’s growth. Additionally, its application in coatings and adhesives further propels the demand for liquid DAP, making it a significant contributor to the overall market.
Solid DAP, on the other hand, is valued for its high mechanical strength, thermal stability, and chemical resistance. These properties make it an ideal material for manufacturing durable and reliable components in the automotive and aerospace industries. Solid DAP’s usage in producing connectors, switches, and various other automotive parts significantly boosts this segment. Furthermore, the growing demand for advanced materials in construction applications such as panels, coatings, and adhesives also contributes to the solid DAP segment’s growth, driven by the need for durable and resistant materials.
The increasing application of both liquid and solid DAP in various end-use industries indicates a balanced growth trajectory for both product types. However, the liquid DAP segment is expected to witness a slightly higher growth rate due to its versatility and broader application spectrum. The continuous research and development efforts aimed at enhancing the properties and expanding the application base of both liquid and solid DAP are anticipated to further drive the market growth in the coming years.
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The global phosphorus fertilizer market is experiencing robust growth, driven by the increasing demand for food production to meet a burgeoning global population. The market size in 2025 is estimated at $50 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 4.5% from 2025 to 2033. This growth is fueled by several key factors, including the rising adoption of high-yield farming techniques, escalating demand for nutrient-rich crops, and government initiatives promoting agricultural development in several regions. The increasing acreage under cultivation, particularly in developing economies, further contributes to the market's expansion. Significant growth is anticipated in regions like Asia-Pacific and South America, where agricultural production is expanding rapidly. However, the market faces certain challenges such as fluctuating raw material prices, environmental concerns related to phosphorus runoff, and the potential for stricter regulations on fertilizer usage. Despite these restraints, the overall outlook for the phosphorus fertilizer market remains positive, projecting substantial growth over the forecast period driven by the enduring need for food security. The market segmentation reveals strong performance across various fertilizer types, with Diammonium Phosphate (DAP) and Monoammonium Phosphate (MAP) fertilizers holding significant market share. The application segment shows high demand from cereals and grains, reflecting the crucial role phosphorus plays in crop yields. Key players like Nutrien Ltd., Mosaic Co., and Yara International ASA are leveraging their market presence through strategic partnerships, technological advancements, and geographical expansions to capture significant market shares. The competitive landscape is characterized by both large multinational corporations and smaller regional players, leading to innovative product development and pricing strategies. Future market growth will likely depend on technological advancements improving fertilizer efficiency, sustainable agricultural practices, and government policies encouraging responsible fertilizer use.
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The global Fertilizer Grade Diammonium Phosphate (DAP) market is experiencing robust growth, driven by the increasing demand for high-yield agriculture and the rising global population. While precise market size figures are not provided, a reasonable estimation, based on industry reports and average growth rates for similar agricultural chemical markets, suggests a 2025 market size in the range of $15-20 billion USD. A Compound Annual Growth Rate (CAGR) of, let's assume, 5% over the forecast period (2025-2033) indicates continued expansion, reaching an estimated market value of $23-28 billion by 2033. Key drivers include increasing food demand, government initiatives promoting agricultural development in emerging economies, and the inherent effectiveness of DAP as a crucial nutrient source for crops. However, the market faces challenges such as fluctuating raw material prices (phosphate rock and ammonia), environmental concerns related to phosphate runoff, and potential trade restrictions. Market segmentation likely includes different grades of DAP based on purity and application, and geographical distribution will vary depending on agricultural practices and population density. Key players like Xingfa Group, Wentong Group, and others are vying for market share through strategic investments in production capacity and technological advancements. The competitive landscape is characterized by both large multinational corporations and regional players. Profitability depends significantly on efficient procurement of raw materials, optimization of production processes, and the ability to meet fluctuating demand. Future growth will hinge on innovation in sustainable agricultural practices, developing more efficient and eco-friendly DAP formulations, and addressing supply chain vulnerabilities. Expansion into emerging markets and strategic partnerships offer significant opportunities for market participants. Overall, the fertilizer grade diammonium phosphate market presents a strong investment opportunity for those well-positioned to navigate the challenges and leverage the ongoing global demand for high-yield, sustainable agricultural production.
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The Moroccan diammonium phosphate market was estimated at $91M in 2024, surging by 7.4% against the previous year. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Diammonium phosphate consumption peaked at $98M in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.
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In 2024, the Ethiopian diammonium phosphate market was finally on the rise to reach $6.2M after seven years of decline. In general, consumption, however, showed a precipitous decline. Diammonium phosphate consumption peaked at $287M in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.
The price of diammonium phosphate (DAP) reached 550 U.S. dollars per metric ton in 2023, according to the latest available data. It is projected that DAP prices will fluctuate in the coming years, with an estimated price of 600 U.S. dollars per metric ton in 2024, followed by a decrease to 550 U.S. dollars per metric ton in 2025. The increase in DAP prices in 2022 can be attributed to several factors, such as high demand from downstream fertilizer markets, short supply of feedstock ammonia and phosphate rock, rising energy costs, labor issues, and port congestion that limited the availability of imports from Asia and the USA.