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Di-ammonium traded flat at 720 USD/T on July 3, 2025. Over the past month, Di-ammonium's price has risen 3.37%, and is up 32.96% 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.
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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Diammonium phosphate prices in , May, 2025 For that commodity indicator, we provide data from January 1967 to May 2025. The average value during that period was 256.4 USD per metric ton with a minimum of 54 USD per metric ton in January 1970 and a maximum of 1075.75 USD per metric ton in July 2008. | TheGlobalEconomy.com
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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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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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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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Access global Diammonium Phosphate prices in locations such as United States, China, Southeast Asia, Africa, Middle East, Europe, Northeast Asia and South America. Includes monthly historical series and forecasts. Delivered via online charts, Excel, Power BI, and API. Free preview.
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Australia Farm Inputs Price: Fertiliser: Diammonium Phosphate data was reported at 452.806 AUD/Ton in 2019. This records a decrease from the previous number of 573.259 AUD/Ton for 2018. Australia Farm Inputs Price: Fertiliser: Diammonium Phosphate data is updated yearly, averaging 271.323 AUD/Ton from Jun 1974 (Median) to 2019, with 44 observations. The data reached an all-time high of 925.017 AUD/Ton in 2008 and a record low of 113.000 AUD/Ton in 1974. Australia Farm Inputs Price: Fertiliser: Diammonium Phosphate data remains active status in CEIC and is reported by Australian Bureau of Agricultural and Resource Economics and Sciences. The data is categorized under Global Database’s Australia – Table AU.P002: Agricultural Commodity Prices.
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In 2024, the Brazilian diammonium phosphate market decreased by -19.5% to $114M, falling for the third year in a row after two years of growth. Overall, consumption recorded a deep contraction. Diammonium phosphate consumption peaked at $469M in 2013; however, from 2014 to 2024, consumption remained at a lower figure.
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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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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.
This dataset includes monthly prices measured in dollars per ton (except Tampa ammonia) by region.
Fertilizer commodities include urea, urea ammonium nitrate (UAN), monoammonium phosphate (MAP), diammonium phosphate (DAP), and potash. UAN prices assume a 32 percent nitrogen content. Tampa ammonia prices are quoted CFR (i.e., includes transportation to the destination port) per metric ton.
Regional Definitions are available from Green Markets (https://fertilizerpricing.com/about/pricing-notations/).
The monthly average prices are derived from weekly reports with permission from Green Markets, a Bloomberg Company.
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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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The diammonium phosphate (DAP) fertilizer market is experiencing robust growth, driven by the increasing global demand for food and feed, coupled with rising agricultural productivity needs. The market size in 2025 is estimated at $18 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 4.5% from 2025 to 2033. This growth trajectory is fueled by several key factors. Firstly, the expanding global population necessitates increased food production, creating a surge in demand for high-efficiency fertilizers like DAP. Secondly, favorable government policies promoting agricultural modernization and intensification in various regions are significantly bolstering market expansion. The growing adoption of precision farming techniques, facilitating optimized fertilizer application, further contributes to the market’s positive momentum. Finally, the increasing awareness among farmers regarding the benefits of balanced fertilization is driving higher DAP consumption rates. Segmentation analysis reveals strong demand across key applications, including cash crops and grains, with crystalline DAP currently holding the largest market share due to its superior solubility and ease of application. However, the market faces certain challenges. Fluctuations in raw material prices, particularly phosphate rock and ammonia, significantly impact DAP production costs and profitability. Furthermore, environmental concerns regarding phosphorus runoff and its potential impact on water quality are leading to stricter regulations in some regions, potentially slowing market expansion in certain areas. Nevertheless, the ongoing development of sustainable agricultural practices, including targeted fertilization techniques, is expected to mitigate these concerns and sustain the overall growth of the DAP fertilizer market. Key players in this competitive landscape include PhosAgro, OCP Group, Nutrien, and Mosaic, among others, continuously striving for innovation and expansion to capture larger market shares. The Asia-Pacific region, particularly China and India, are expected to experience significant growth due to their large agricultural sectors and rising food demands. This comprehensive report provides an in-depth analysis of the global diammonium phosphate (DAP) fertilizer market, projecting a market value exceeding $30 billion by 2028. We delve into production capacity, consumption patterns, pricing trends, and key players shaping this vital agricultural input sector. This report is essential for investors, producers, distributors, and agricultural stakeholders seeking to understand and capitalize on opportunities within the dynamic DAP fertilizer landscape. High-search-volume keywords include: DAP fertilizer market size, diammonium phosphate price, DAP fertilizer production, granular DAP fertilizer, crystalline DAP fertilizer, global DAP fertilizer market share, top DAP fertilizer producers.
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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.
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India Diammonium Phosphate (DAP) Market valued at USD 481.6 Mn in 2025, is anticipated to reaching USD 698.5 Mn by 2032, with steady annual growth rate of 5.5%.
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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.
This dataset includes price spreads (Cornbelt price minus New Orleans, LA price) measured in dollars per ton. New Orleans is a key fertilizer-pricing hub, and the Cornbelt is a large user of fertilizer due to the region's substantial row crop production. The price spread (Cornbelt minus New Orleans) can reflect transportation costs and other local supply and demand factors.
Fertilizer commodities include urea, urea ammonium nitrate (UAN), monoammonium phosphate (MAP), diammonium phosphate (DAP), and potash. UAN prices assume a 32 percent nitrogen content. Cornbelt states include Ohio, Indiana, Illinois, Iowa, Missouri, and Nebraska.
The monthly average prices are derived from weekly reports with permission from Green Markets, a Bloomberg Company.
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Since the beginning of 2021, the average global price for diammonium phosphate (DAP) soared by +53%, reaching $644 per ton in September. High freight rates and energy costs became the main reasons for this spike. Announced suspension of exports from China’s major fertilizer producers could drive further price increases. China represents the largest DAP exporter worldwide, accounting for 34% of the global export volume. Last year, China sharply reduced DAP exports to India and Pakistan, while the shipment to Vietnam spiked by +16.5% y-o-y in physical terms.
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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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Di-ammonium traded flat at 720 USD/T on July 3, 2025. Over the past month, Di-ammonium's price has risen 3.37%, and is up 32.96% 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.