In 2023, Lithuania led the European export of Diammonium Phosphate by a significant margin, contributing 58.76% of the total share, despite a 2.25% decline. Belgium and Bulgaria maintained their positions with shares of 15.43% and 10% respectively. Notable growth was seen in Poland (30.72%) and Romania (16.43%), suggesting dynamic market enhancements. Countries like Denmark, Estonia, and Sweden experienced remarkable year-on-year surges, albeit from smaller bases. Conversely, the UK and Hungary faced notable contractions at -16.32% and -11.13% respectively. The CAGR over five years demonstrates varying stability with a slight downward trend across leading exporters.
Future trends to watch include:
- An expanding role for Eastern European countries, spearheaded by Poland and Romania, potentially reshaping market dynamics.
- The sustainability and environmental aspects may influence further growth, with countries increasingly focusing on greener practices.
- Technological advancements in agriculture could increase demand for Diammonium Phosphate, affecting export patterns.
Top countries in Export of Diammonium Phosphate Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 58.76 | 2023 | -1.09% | -2.25% | View data |
| 2 | 2 Belgium | 15.43 | 2023 | +1.31% | -0.88% | View data |
| 3 | 3 Bulgaria | 10 | 2023 | +4.34% | -1% | View data |
| 4 | 4 Poland | 4.73 | 2023 | -4.55% | +30.72% | View data |
| 5 | 5 Romania | 2.71 | 2023 | +5.91% | +16.43% | View data |
| 6 | 6 Italy | 2.19 | 2023 | +6.39% | +5.17% | View data |
| 7 | 7 Netherlands | 2.08 | 2023 | +34.69% | -0.48% | View data |
| 8 | 8 France | 2.02 | 2023 | +11.54% | +9.09% | View data |
| 9 | 9 Slovenia | 1.71 | 2023 | +4.63% | +4.99% | View data |
| 10 | 10 Germany | 0.97 | 2023 | -4.28% | -2.94% | View data |
