Russian Federation: Monoammonium Phosphate Market 2024

Monoammonium Phosphate Market Size in the Russian Federation

In 2022, the Russian monoammonium phosphate market decreased by X% to $X, falling for the third year in a row after three years of growth. In general, consumption recorded a mild curtailment. Monoammonium phosphate consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Monoammonium Phosphate Production in the Russian Federation

In value terms, monoammonium phosphate production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, saw a deep slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Monoammonium Phosphate Exports

Exports from the Russian Federation

In 2022, monoammonium phosphate exports from Russia skyrocketed to X tons, increasing by X% compared with 2021 figures. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, monoammonium phosphate exports skyrocketed to $X in 2022. In general, exports saw a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Brazil (X tons) was the main destination for monoammonium phosphate exports from Russia, with a X% share of total exports. Moreover, monoammonium phosphate exports to Brazil exceeded the volume sent to the second major destination, India (X tons), sevenfold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and the United States (X% per year).

In value terms, Brazil ($X) remains the key foreign market for monoammonium phosphate (MAP) exports from Russia, comprising X% of total exports. The second position in the ranking was taken by India ($X), with an X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Brazil totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average monoammonium phosphate export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price showed pronounced growth. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

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

Monoammonium Phosphate Imports

Imports into the Russian Federation

In 2022, after two years of growth, there was significant decline in supplies from abroad of monoammonium phosphate (MAP), when their volume decreased by X% to X tons. Overall, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, monoammonium phosphate imports reduced markedly to $X in 2022. Over the period under review, imports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Lithuania (X tons) constituted the largest monoammonium phosphate supplier to Russia, accounting for a X% share of total imports. Moreover, monoammonium phosphate imports from Lithuania exceeded the figures recorded by the second-largest supplier, Germany (X tons), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Lithuania amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

In value terms, Lithuania ($X) constituted the largest supplier of monoammonium phosphate (MAP) to Russia, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Lithuania totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Germany (X% per year).

Import Prices by Country

The average monoammonium phosphate import price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :