In 2023, China's import of Ammonium Dihydrogenorthophosphate (Monoammonium Phosphate) was valued at approximately 2.05 million USD. Forecasted data suggests a declining trend from 2024 to 2028, with a year-on-year decrease of 11.4% between 2024 and 2025, reducing imports to 1.647 million USD. This trend continues with further declines of 12.6% in 2026, 14% in 2027, and 16.1% in 2028. The compound annual growth rate (CAGR) for this period is projected to be negative, reflecting an average annual decrease of approximately 12.9%.
Future trends to watch for:
- Potential shifts in China's agricultural policies and phosphate fertilizer subsidies.
- Fluctuations in global phosphates market prices and supply chain conditions.
- The impact of domestic production capabilities on reducing reliance on imports.
- Environmental regulations affecting phosphate fertilizer use in key import markets.
Latest reports
US Fertilizer Market Report- Q1 2025
The US fertilizer market in Q1 2025 is experiencing a complex interplay of growth opportunities and challenges, influenced by economic policies, trade dynamics,...
China Fertilizer Market Report- Q1 2025
The fertilizer market in China, valued at approximately USD 230.10 billion in 2025, is on a trajectory to reach USD 281.56 billion by...
Japan Fertilizer Market Report- Q1 2025
The Japan fertilizer market in Q1 2025 is undergoing significant transformations driven by environmental, economic, and technological factors. The focus on sustainable agricultural...
Germany Fertilizer Market Report- Q1 2025
In the first quarter of 2025, the German fertilizer market is navigating a complex landscape influenced by economic, geopolitical, and sector-specific challenges. The...
India Fertilizer Market Report- Q1 2025
The Indian fertilizer market in the first quarter of 2025 is characterized by dynamic growth influenced by government policies, global supply chain dynamics,...
UK Fertilizer Market Report- Q1 2025
The UK fertilizer market in the first quarter of 2025 has been shaped by a dynamic interplay of industry trends, economic conditions, and...
France Fertilizer Market Report- Q1 2025
The French fertilizer market in Q1 2025 has shown both stability and transformation amidst global economic and geopolitical challenges. The sector's dynamics are...
Canada Fertilizer Market Report- Q1 2025
The Canadian fertilizer market in Q1 2025 is poised for significant growth, fueled by increased agricultural demand and a strategic shift towards sustainable...
Brazil Fertilizer Market Report- Q1 2025
The Brazil Fertilizer Market in Q1 2025 is undergoing significant transformations driven by both domestic initiatives and international dependencies. This quarter highlights Brazil's...
Italy Fertilizer Market Report- Q1 2025
The fertilizer market in Italy during the first quarter of 2025 faced a multitude of challenges and opportunities. Economic conditions, such as subdued...