April 2024 China Phosphate Fertilizer Import and Export Data
June 12, 2024, 9:21 AM
Feidoodoo
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Guide
Highlights at a glance
In April 2024, China's monoammonium phosphate (MAP) exports surged to 20.97 thousand tons, up 58,804.49% MoM and 54.76% YoY, with cumulative January–April exports down 53.81% YoY at 30.93 thousand tons. The average export price was $519.86/ton. Imports jumped 753.12% MoM to 8,064.08 tons, with a 2.7 million percent YoY increase; the average import price was $362.21/ton. Top MAP export destinations were Argentina (24%), India (23%), and Brazil (21%). For diammonium phosphate (DAP), April exports reached 39.98 thousand tons, up 1,428.30% MoM and 20.23% YoY. Cumulative DAP exports fell 43.96% YoY to 54.13 thousand tons. The average export price was $558.78/ton. DAP imports rose sharply MoM and YoY, totaling 175.00 tons in April and 215.81 tons YTD. Major DAP markets included Thailand (20%), Vietnam (17%), and Pakistan (16%).
Monoammonium Phosphate (MAP)
Export Data:
- In April 2024, China exported 20.97 thousand tons of MAP, an increase of 20.93 thousand tons from the previous month, representing a month-on-month increase of 58,804.49%.
- Compared to the same period last year, exports increased by 7.42 thousand tons, a year-on-year increase of 54.76%.
- The average export price was $519.86 per ton.
- From January to April 2024, the cumulative export volume was 30.93 thousand tons, a decrease of 36.04 thousand tons year-on-year, down 53.81%.
Import Data:
- In April 2024, China imported 8,064.08 tons of MAP, an increase of 7,118.83 tons from the previous month, up 753.12% month-on-month.
- Compared to the same period last year, imports increased by 8,063.78 tons, a dramatic rise of 2,687,925.00%.
- The average import price was $362.21 per ton.
- From January to April 2024, the cumulative import volume was 10,181.67 tons, an increase of 10,081.16 tons year-on-year, up 10,030.01%.
Top Export Destinations for MAP:
- The main export destinations included Argentina, India, Brazil, Australia, Thailand, Malaysia, Vietnam, and Chile, accounting for 24%, 23%, 21%, 10%, 9%, 4%, and 3% of total exports, respectively.
Diammonium Phosphate (DAP)
Export Data:
- In April 2024, China exported 39.98 thousand tons of DAP, an increase of 37.36 thousand tons from the previous month, representing a month-on-month increase of 1,428.30%.
- Compared to the same period last year, exports increased by 6.73 thousand tons, a year-on-year increase of 20.23%.
- The average export price was $558.78 per ton.
- From January to April 2024, the cumulative export volume was 54.13 thousand tons, a decrease of 42.46 thousand tons year-on-year, down 43.96%.
Import Data:
- In April 2024, China imported 175.00 tons of DAP, an increase of 174.90 tons from the previous month, up 173,169.31% month-on-month.
- Compared to the same period last year, imports increased by 174.70 tons, a staggering rise of 58,234.00%.
- From January to April 2024, the cumulative import volume was 215.81 tons, an increase of 195.31 tons year-on-year, up 952.71%.
Top Export Destinations for DAP:
- The primary export destinations were Thailand, Vietnam, Pakistan, India, Chile, Argentina, the Philippines, Mexico, and Indonesia, accounting for 20%, 17%, 16%, 11%, 9%, 6%, 4%, 4%, and 3% of total exports, respectively.
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June 12, 2024, 9:21 AM
June 12, 2024, 9:21 AM
