March 2024 China Phosphate Fertilizer Import and Export Data

June 12, 2024, 9:21 AM

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Highlights at a glance

In March 2024, China's monoammonium phosphate (MAP) exports plummeted to just 40 tons, down 99.81% year-on-year and 97.53% month-on-month, with India as the sole export destination. Meanwhile, MAP imports surged to 945.25 tons, up 845.63% annually, driven by strong demand, though monthly growth was minimal. The average import price stood at $363.17 per ton, significantly lower than the export price of $798.04. From January to March, total MAP exports fell 81.35% year-on-year to 9,960 tons, while imports jumped over 20-fold to 2,117.60 tons. For diammonium phosphate (DAP), China exported 2,620 tons in March, a 90.07% annual decline but a sharp 267.37% rise from February. DAP imports dropped to only 0.10 tons, down 99.50% annually. The average DAP import price spiked to $9,029.70 per ton, indicating niche or specialty imports. Top DAP export destinations were Thailand (58%), India (23%), and Japan (19%). Cumulative DAP exports for Q1 2024 totaled 14,150 tons, down 77.66% year-on-year, wh

Monoammonium Phosphate (MAP)

According to customs data, in March 2024, China exported 40 tons of mono ammonium phosphate, a decrease of 18.73 tons compared to the same period last year, down 99.81% year-over-year; a decrease of 1.40 tons compared to the previous month, down 97.53% month-over-month; the average export price this month was $798.04 per ton; from January to March 2024, the total export volume was 9,960 tons, down 43,460 tons year-over-year, a decrease of 81.35%.

According to customs data, in March 2024, China imported 945.25 tons of mono ammonium phosphate, an increase of 845.29 tons compared to the same period last year, up 845.63% year-over-year; an increase of 0.13 tons compared to the previous month, up 0.01% month-over-month; the average import price this month was $363.17 per ton; from January to March 2024, the total import volume was 2,117.60 tons, up 2,017.39 tons year-over-year, an increase of 2013.16%.

In March 2024, the countries to which China exported monoammonium phosphate include: India, accounting for 100% of the total export volume.

Diammonium Phosphate (DAP)

According to customs data, in March 2024, China exported 2,620 tons of diammonium phosphate, a decrease of 23.71 tons compared to the same period last year, down 90.07% year-over-year; an increase of 1.90 tons compared to the previous month, up 267.37% month-over-month; the average export price this month was $539.00 per ton; from January to March 2024, the total export volume was 14,150 tons, down 49,190 tons year-over-year, a decrease of 77.66%.

According to customs data, in March 2024, China imported 0.10 tons of diammonium phosphate, a decrease of 19.90 tons compared to the same period last year, down 99.50% year-over-year; a decrease of 0.35 tons compared to the previous month, down 77.65% month-over-month; the average import price this month was $9,029.70 per ton; from January to March 2024, the total import volume was 40.80 tons, up 20.60 tons year-over-year, an increase of 102.00%.

In March 2024, the primary countries to which China exported diammonium phosphate were: Thailand, India, and Japan, accounting for 58%, 23%, and 19% of the total export volume respectively.

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