Diammonium Phosphate (DAP) Prices, Chart, News, Index and Foercast

The latest IMARC Group report, "𝐃𝐢𝐚𝐦𝐦𝐨𝐧𝐢𝐮𝐦 𝐏𝐡𝐨𝐬𝐩𝐡𝐚𝐭𝐞 (𝐃𝐀𝐏) 𝐏𝐫𝐢𝐜𝐞𝐬, 𝐓𝐫𝐞𝐧𝐝, 𝐂𝐡𝐚𝐫𝐭, 𝐃𝐞𝐦𝐚𝐧𝐝, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐍𝐞𝐰𝐬, 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐃𝐚𝐭𝐚 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐𝟒 𝐄𝐝𝐢𝐭𝐢𝐨𝐧," presents a detailed analysis of diammonium phosphate (DAP) price trend, offering key insights into global diammonium phosphate market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines diammonium phosphate (DAP) demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

Diammonium Phosphate (DAP) Prices Analysis:

• 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞: 558 USD/MT
• 𝐂𝐡𝐢𝐧𝐚: 563 USD/MT
• 𝐆𝐞𝐫𝐦𝐚𝐧𝐲: 665 USD/MT
• 𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚: 585 USD/MT

The diammonium phosphate (DAP) prices in the United States for last quarter of the year reached 558 USD/MT in December.

𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠:

• 𝐌𝐨𝐧𝐭𝐡𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞𝐬: Annual Subscription
• 𝐐𝐮𝐚𝐫𝐭𝐞𝐫𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞𝐬: Annual Subscription
• 𝐁𝐢𝐚𝐧𝐧𝐮𝐚𝐥𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞𝐬: Annual Subscription

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐭𝐨 𝐆𝐞𝐭 𝐭𝐡𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/diammonium-phosphate-pricing-report/requestsample

The study examines the key factors driving DAP price variations, focusing on shifts in raw material costs, the balance between supply and demand, and the impact of geopolitical influences. It also considers sector-specific developments that play a critical role in shaping market prices. By analyzing these elements, the report offers valuable insights into the underlying causes of price fluctuations, helping businesses and investors understand market behavior more effectively.

In addition, the report provides the latest market updates, ensuring stakeholders are informed about recent fluctuations, regulatory changes, and technological advancements. This comprehensive resource equips decision-makers with the necessary tools to enhance their strategic planning and improve forecasting accuracy. Through this analysis, the report becomes an indispensable asset for anyone looking to navigate the complexities of the diammonium phosphate industry and optimize future strategies.

𝐃𝐢𝐚𝐦𝐦𝐨𝐧𝐢𝐮𝐦 𝐏𝐡𝐨𝐬𝐩𝐡𝐚𝐭𝐞 (𝐃𝐀𝐏) 𝐏𝐫𝐢𝐜𝐞𝐬 𝐏𝐫𝐢𝐜𝐞 𝐓𝐫𝐞𝐧𝐝:

• 𝐃𝐢𝐚𝐦𝐦𝐨𝐧𝐢𝐮𝐦 𝐏𝐡𝐨𝐬𝐩𝐡𝐚𝐭𝐞 (𝐃𝐀𝐏) 𝐏𝐫𝐢𝐜𝐞𝐬 𝐢𝐧 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚:

During the second quarter of 2024, the North American DAP market faced a downturn due to an excess supply caused by relaxed export limitations and reduced orders from the fertilizer industry. Agricultural manufacturers had got sufficient stocks for the planting season, leading to a bearish market atmosphere and contributing to the overall price decline throughout the region.

• 𝐃𝐀𝐏 𝐏𝐫𝐢𝐜𝐞𝐬 𝐢𝐧 𝐀𝐏𝐀𝐂:

The APAC DAP market witnessed considerable price reductions in the second quarter of 2024, mainly influenced by an excess supply scenario stemming from heightened imports from China. The conclusion of the planting season further diminished demand, while escalating production expenses added strain. This amalgamation of elements generated a market surplus, leading to a downward trend in prices throughout the region.

• 𝐄𝐮𝐫𝐨𝐩𝐞 𝐃𝐢𝐚𝐦𝐦𝐨𝐧𝐢𝐮𝐦 𝐏𝐡𝐨𝐬𝐩𝐡𝐚𝐭𝐞 𝐏𝐫𝐢𝐜𝐞𝐬:

In Europe, Q2 2024 saw a noticeable decrease in DAP prices due to heightened availability that surpassed stable demand. The resumption of manufacturing in major facilities increased regional supply, while stable but limited demand led to downward pricing pressures. Seasonal planting cycles and sluggish procurement activities further contributed to the negative sentiment within the market.

• 𝐌𝐢𝐝𝐝𝐥𝐞 𝐄𝐚𝐬𝐭 𝐚𝐧𝐝 𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐀𝐏 𝐏𝐫𝐢𝐜𝐞𝐬:

In the second quarter of 2024, the Middle East and Africa (MEA) region encountered a notable drop in DAP prices owing to eased export limitations and an excess supply. Decreased production expenses from falling feedstock costs exacerbated the situation. Seasonal influences, such as the post-harvest phase, further led to diminished demand, creating a difficult market atmosphere for manufacturers.

• 𝐒𝐨𝐮𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐃𝐢𝐚𝐦𝐦𝐨𝐧𝐢𝐮𝐦 𝐏𝐡𝐨𝐬𝐩𝐡𝐚𝐭𝐞 (𝐃𝐀𝐏) 𝐏𝐫𝐢𝐜𝐞𝐬:

In South America, the second quarter of 2024 saw a decrease in DAP prices, especially in Brazil, attributed to global excess supply and heightened imports from the United States of America. Supply constraints from major exporters and logistical difficulties intensified the scenario. As buying activity diminished, the market encountered further downward pressure, resulting in a negative pricing sentiment throughout the region.

𝐃𝐢𝐚𝐦𝐦𝐨𝐧𝐢𝐮𝐦 𝐏𝐡𝐨𝐬𝐩𝐡𝐚𝐭𝐞 (𝐃𝐀𝐏) 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The global market is majorly driven by the rising demand for fertilizers due to the increasing global population and the need for higher agricultural productivity. As food security becomes a pressing concern, farmers are increasingly adopting DAP to boost their harvests. Another significant factor is the expansion of the agriculture sector, particularly in developing economies.

Governments are implementing policies to support agricultural development, which includes promoting the use of chemical fertilizers like DAP. This trend is particularly pronounced in regions with limited arable land, where maximizing crop output is critical. Furthermore, the growing awareness of sustainable farming practices has led to an increased focus on efficient nutrient management. DAP, with its dual nutrient content, aligns well with this trend, making it a preferred choice among farmers.

Besides, the rise in global trade of agricultural products also contributes to the DAP market, as countries seek to enhance their agricultural exports. Additionally, advancements in manufacturing processes are improving the efficiency and cost-effectiveness of DAP production, further propelling market growth.

𝐒𝐩𝐞𝐚𝐤 𝐭𝐨 𝐀𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐭: https://www.imarcgroup.com/request?type=report&id=22475&flag=C

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐏𝐫𝐢𝐜𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
𝐄𝐮𝐫𝐨𝐩𝐞: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚: United States, Canada
𝐋𝐚𝐭𝐢𝐧 𝐀𝐦𝐞𝐫𝐢𝐜𝐚: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, Peru
𝐌𝐢𝐝𝐝𝐥𝐞 𝐄𝐚𝐬𝐭 & 𝐀𝐟𝐫𝐢𝐜𝐚: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, Morocco

𝐍𝐨𝐭𝐞: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

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