The import of Diammonium Phosphate (DAP) to the US is forecasted to rise from 1.4711 Billion Kilograms in 2024 to 1.7398 Billion Kilograms by 2028. In 2023, this figure stood at 1.3995 Billion Kilograms. The upcoming year-on-year progression indicates a steady growth, at approximately 4.7% for each year. Over the 5-year span from 2023 to 2028, the Compound Annual Growth Rate (CAGR) is estimated at about 4.4%.
Future trends to watch include potential shifts in agricultural demand, domestic production capabilities, and changes in import regulations. These factors could influence the trajectory and volume of DAP imports.
