In 2023, China led the global export market of Monoammonium Phosphate with $1.228 billion, followed closely by Morocco. Eastern European and North American countries exhibited mixed growth, with Russia showing slight positive growth while the United States experienced a decline. Key European exporters like Poland and Belgium also faced declines. Notably, countries like New Zealand and Costa Rica recorded the highest year-on-year growth rates, with 177.92% and 39.56%, respectively. Conversely, Hungary and Croatia faced the steepest declines in exports.
Future trends to watch include potential growth from emerging markets and the influence of global trade policies. Environmental regulations may further impact production costs, affecting export competitiveness. Additionally, technological advancements in production efficiency could shift market dynamics among leading exporting countries.
Top countries in Export of Ammonium Dihydrogenorthophosphate (Monoammonium Phosphate) by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,228,000,000 | 2023 | +3.87% | +4.02% | View data |
| 2 | 2 Morocco | 1,200,100,000 | 2023 | +3.9% | +3.17% | View data |
| 3 | 3 Russia | 997,210,000 | 2023 | +1.8% | +0.62% | View data |
| 4 | 4 United States | 761,290,000 | 2023 | -3.55% | -4.31% | View data |
| 5 | 5 Mexico | 100,310,000 | 2023 | +0.97% | -1.83% | View data |
| 6 | 6 Poland | 60,092,000 | 2023 | +4.82% | -9.41% | View data |
| 7 | 7 Australia | 48,389,000 | 2023 | +5.47% | +2.6% | View data |
| 8 | 8 Belgium | 39,946,000 | 2023 | -2.31% | -1.96% | View data |
| 9 | 9 South Africa | 30,121,000 | 2023 | +0.57% | +1.93% | View data |
| 10 | 10 Bulgaria | 27,931,000 | 2023 | +3.45% | +4.57% | View data |
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