Japan - Monoammonium Phosphate (MAP) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Monoammonium Phosphate Price in Japan - 2023

Contents:

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

Monoammonium Phosphate Price in Japan (CIF) - 2023

In September 2023, the average monoammonium phosphate import price amounted to $939 per ton, with an increase of 21% against the previous month. Overall, the import price, however, saw a noticeable downturn. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 62% against the previous month. Over the period under review, average import prices reached the peak figure at $2,007 per ton in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Belgium ($1,426 per ton), while the price for Vietnam ($474 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (-1.9%), while the prices for the other major suppliers experienced a decline.

Monoammonium Phosphate Price in Japan (FOB) - 2022

The average monoammonium phosphate export price stood at $6,123 per ton in 2022, jumping by 25% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($6,351 per ton) and Vietnam ($6,263 per ton), while the average price for exports to the United States ($5,373 per ton) and Hong Kong SAR ($6,125 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Monoammonium Phosphate Imports in Japan

In 2022, after two years of decline, there was significant growth in purchases abroad of monoammonium phosphate (MAP), when their volume increased by 13% to 117K tons. Overall, imports, however, recorded a slight descent.

In value terms, monoammonium phosphate imports skyrocketed to $138M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Monoammonium Phosphate in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China33.927.248.370.727.8%
United States20.820.917.132.015.4%
MoroccoN/AN/AN/A29.60%
Others0.30.40.55.3160.4%
Total55.048.665.813835.9%

Top Suppliers of Monoammonium Phosphate to Japan in 2022:

  1. China (54.4K tons)
  2. United States (32.0K tons)
  3. Morocco (28.0K tons)

Monoammonium Phosphate Exports in Japan

In 2022, the amount of monoammonium phosphate (MAP) exported from Japan expanded rapidly to 18 tons, increasing by 6.3% on 2021. Overall, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 34% against the previous year. As a result, the exports attained the peak of 30 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, monoammonium phosphate exports soared to $113K in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 34% against the previous year. As a result, the exports reached the peak of $124K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Monoammonium Phosphate in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)65.811557.776.25.0%
United States16.3N/A13.221.59.7%
Vietnam8.94.58.812.512.0%
Hong Kong SAR1.92.12.02.36.6%
OthersN/A2.42.9N/A20.8%
Total92.912484.61136.7%

Top Export Markets for Monoammonium Phosphate from Japan in 2022:

  1. Taiwan (Chinese) (12.0 tons)
  2. United States (4.0 tons)
  3. Vietnam (2.0 tons)
  4. Hong Kong SAR (0.4 tons)

Source: IndexBox Market Intelligence Platform

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

  • Japan

Data coverage:

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