May 12, 2025
IndexBox has just published a new report: Australia – Monoammonium Phosphate (MAP) – Market Analysis, Forecast, Size, Trends And Insights.
Driven by increasing demand for monoammonium phosphate (MAP) in Australia, the market is expected to continue its upward consumption trend over the next decade. Market performance is forecasted to decelerate slightly, with a projected CAGR of +0.2% from 2024 to 2035. By the end of 2035, the market volume is expected to reach 1.5M tons, while the market value is forecasted to grow to $874M (in nominal wholesale prices).
Market Forecast
Driven by increasing demand for monoammonium phosphate (MAP) in Australia, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.2% for the period from 2024 to 2035, which is projected to bring the market volume to 1.5M tons by the end of 2035.
In value terms, the market is forecast to increase with an anticipated CAGR of +0.2% for the period from 2024 to 2035, which is projected to bring the market value to $874M (in nominal wholesale prices) by the end of 2035.
Consumption
Australia’s Consumption of Monoammonium Phosphate (MAP)
After two years of decline, consumption of monoammonium phosphate (MAP) increased by 86% to 1.5M tons in 2024. In general, consumption showed prominent growth. As a result, consumption reached the peak volume and is likely to continue growth in the immediate term.
The revenue of the monoammonium phosphate market in Australia soared to $854M in 2024, surging by 78% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed resilient growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Imports
Australia’s Imports of Monoammonium Phosphate (MAP)
In 2024, after two years of decline, there was significant growth in overseas purchases of monoammonium phosphate (MAP), when their volume increased by 86% to 1.5M tons. Overall, total imports indicated a resilient increase from 2013 to 2024: its volume increased at an average annual rate of +8.6% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, monoammonium phosphate imports soared to $924M in 2024. Over the period under review, imports continue to indicate prominent growth. The growth pace was the most rapid in 2021 when imports increased by 82% against the previous year. Imports peaked at $1B in 2022; however, from 2023 to 2024, imports remained at a lower figure.
Imports By Country
Morocco (621K tons), China (380K tons) and Saudi Arabia (330K tons) were the main suppliers of monoammonium phosphate imports to Australia, with a combined 90% share of total imports.
From 2013 to 2024, the biggest increases were recorded for Morocco (with a CAGR of +153.5%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Morocco ($376M), China ($244M) and Saudi Arabia ($210M) constituted the largest monoammonium phosphate suppliers to Australia, together comprising 90% of total imports.
Morocco, with a CAGR of +160.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices By Country
In 2024, the average monoammonium phosphate import price amounted to $624 per ton, which is down by -7.9% against the previous year. Over the period under review, the import price, however, enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2022 when the average import price increased by 67% against the previous year. As a result, import price attained the peak level of $858 per ton. From 2023 to 2024, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2024, amid the top importers, the country with the highest price was Mexico ($6,650 per ton), while the price for Morocco ($605 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Mexico (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports
Australia’s Exports of Monoammonium Phosphate (MAP)
In 2024, after three years of decline, there was significant growth in overseas shipments of monoammonium phosphate (MAP), when their volume increased by 146% to 64 tons. Over the period under review, exports, however, faced a dramatic decrease. The most prominent rate of growth was recorded in 2014 when exports increased by 1,114%. Over the period under review, the exports attained the peak figure at 98K tons in 2018; however, from 2019 to 2024, the exports failed to regain momentum.
In value terms, monoammonium phosphate exports soared to $238K in 2024. In general, exports, however, saw a sharp curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 868% against the previous year. The exports peaked at $43M in 2018; however, from 2019 to 2024, the exports remained at a lower figure.
Exports By Country
Israel (50 tons) was the main destination for monoammonium phosphate exports from Australia, accounting for a 77% share of total exports. Moreover, monoammonium phosphate exports to Israel exceeded the volume sent to the second major destination, India (14 tons), fourfold.
From 2013 to 2024, the average annual growth rate of volume to Israel was relatively modest.
In value terms, Israel ($182K) emerged as the key foreign market for monoammonium phosphate (MAP) exports from Australia, comprising 77% of total exports. The second position in the ranking was held by India ($52K), with a 22% share of total exports.
From 2013 to 2024, the average annual rate of growth in terms of value to Israel was relatively modest.
Export Prices By Country
In 2024, the average monoammonium phosphate export price amounted to $3,710 per ton, with an increase of 168% against the previous year. In general, the export price posted a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2024, amid the top suppliers, the country with the highest price was India ($3,837 per ton), while the average price for exports to Israel totaled $3,679 per ton.
From 2013 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to India (+103.9%), while the prices for the other major destinations experienced mixed trend patterns.
