DAP

DAP Fertilizer Import Trends (2023 vs. 2022)

The import patterns of DAP (Diammonium Phosphate) fertilizer for India in 2023 reveal several key trends, marked by shifting supplier dynamics and a marginal overall decline.

  1. China Emerges as the Dominant Supplier:
    • The most notable shift was the 99.53% increase in imports from China, nearly doubling 2022 to 25.44 lakh metric tons in 2023. This surge made China India’s largest supplier, indicating a stronger trade relationship or a competitive advantage in pricing and supply availability. It reflects India’s growing reliance on China to meet its fertilizer needs.
  2. Decline in Imports from Saudi Arabia and Morocco:
    • Imports from Saudi Arabia saw a modest 7.13% decline, maintaining its status as a significant supplier but losing ground to China.
    • Imports from Morocco, previously the top supplier in 2022, dropped by 59.42%. This steep decline suggests potential supply chain disruptions, pricing issues, or a strategic diversification by India to reduce reliance on Moroccan exports.

India DAP Import Data (Lakh Metric Tons)

Exporters20192020202120222023
China23.6616.8117.3612.7525.44
Saudi Arabia24.3721.0717.1119.7718.36
Morocco1.0913.899.8920.138.17
Russian Federation1.173.350.937.506.97
Jordan2.845.021.471.533.01
United States of America2.401.420.002.380.78
Australia1.280.540.001.590.44
Rest of the World0.691.700.072.150.89
Total57.4963.7946.8267.7964.06

India DAP Import Monthly (Thousand Tons)

ExportersJan-24Feb-24Mar-24Apr-24
Saudi Arabia43.999106.9583.3029150.009
Jordan00055
Russian Federation00032.973
Kenya0000
Morocco0114.864117.2830
China0021.70
Total43.999221.814222.2859237.982

Year-on-Year Global DAP Fertilizer Imports (2023 vs. 2022)

The data on DAP fertilizer imports for 2022 and 2023 reveals some significant trends among key importing countries:

  1. India:
    • India remains the largest importer of DAP, with imports of 64.06 lakh metric tons in 2023, though this reflects a slight decline of 5.50% from 67.79 lakh metric tons in 2022. This decrease could indicate a strategic shift towards more efficient usage, increased domestic production, or diversification of fertilizer sources.
  2. United States of America:
    • The USA saw a massive increase in DAP imports, rising from 5.92 lakh metric tons in 2022 to 12.26 lakh metric tons in 2023, reflecting a 107% growth. This sharp rise could be due to heightened demand in the agricultural sector or a shift in import patterns to support domestic farming needs.
  3. Bangladesh:
    • In contrast, Bangladesh saw a significant decrease in DAP imports, dropping from 14.53 lakh metric tons in 2022 to 5.81 lakh metric tons in 2023, a 60.05% decline. This sharp reduction could be driven by improved domestic production capabilities, economic factors, or a reduction in agricultural demand for DAP.

Global DAP Importer (Lakh Metric Tons)

Importers20192020202120222023
India57.4963.7946.8267.7964.06
United States of America11.589.0114.445.9212.26
Bangladesh3.167.2214.0414.535.81
Türkiye6.474.703.152.375.43
Pakistan14.0410.6512.776.365.12
Viet Nam4.765.873.792.974.28
Mexico2.212.233.080.863.19
France4.374.104.061.513.03
Argentina2.853.324.032.532.89
Brazil2.894.074.602.152.47
Rest of the World56.4161.8350.9235.2143.30
Total166.23176.77161.70142.19151.84

Year-on-Year Export Comparison Insight for Top Three DAP Exporters (2022 vs. 2023)

The global DAP (Diammonium Phosphate) export data for 2022 and 2023 highlights notable changes among the top exporters, with significant growth and stability across different regions. Here’s a detailed analysis of the top three exporters:

  1. China: China saw a substantial 40.77% rise in DAP exports, reflecting its growing dominance in the global market. This increase could be driven by enhanced production capacity, favorable global demand, or strategic efforts to capture a larger share of the export market. China has now positioned itself as the largest global exporter of DAP in 2023.
  2. Morocco: Morocco, traditionally a major DAP exporter, experienced a 6.49% decline in 2023. Despite remaining one of the top exporters, this drop may be due to reduced production capacity, logistical challenges, or shifting trade agreements. However, it remains a significant player in the global DAP market.
  3. Saudi Arabia: Saudi Arabia’s exports remained largely stable, with a marginal 0.37% increase from 2022 to 2023. This stability reflects Saudi Arabia’s strong position in the DAP market, supported by consistent production and export strategies. While there wasn’t substantial growth, Saudi Arabia maintained its competitive presence.

DAP Global Exporter (Lakh Metric tons)

Exporters20192020202120222023
China64.7557.3262.5535.7950.36
Morocco28.7945.3933.9441.1038.43
Saudi Arabia0.000.0017.3832.4832.60
Russian Federation15.9915.3512.9114.3415.09
United States of America12.429.285.627.385.50
Australia3.474.184.834.843.21
Tunisia3.414.092.423.382.86
Türkiye2.353.291.881.321.54
Belgium1.751.481.900.791.47
Viet Nam0.501.361.520.921.34
Rest of the World12.2912.307.663.646.97
Total145.72154.04152.62145.97159.38