The price of diammonium phosphate (DAP) reached 772 U.S. dollars per metric ton in 2022, according to the latest available data. It is projected that DAP prices will fluctuate in the coming years, with an estimated price of 580 U.S. dollars per metric ton in 2023, followed by a further decrease to 570 U.S. dollars per metric ton in 2024. The increase in DAP prices in 2022 can be attributed to several factors, such as high demand from downstream fertilizer markets, short supply of feedstock ammonia and phosphate rock, rising energy costs, labor issues, and port congestion that limited the availability of imports from Asia and the USA.
Price for diammonium phosphate (DAP) from 2015 to 2022 with a forecast for 2023 and 2024
(in U.S. dollars per metric ton)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
World Bank. (April 27, 2023). Price for diammonium phosphate (DAP) from 2015 to 2022 with a forecast for 2023 and 2024 (in U.S. dollars per metric ton) [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1251252/dap-fertilizer-price-forecast/
World Bank. "Price for diammonium phosphate (DAP) from 2015 to 2022 with a forecast for 2023 and 2024 (in U.S. dollars per metric ton)." Chart. April 27, 2023. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1251252/dap-fertilizer-price-forecast/
World Bank. (2023). Price for diammonium phosphate (DAP) from 2015 to 2022 with a forecast for 2023 and 2024 (in U.S. dollars per metric ton). Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1251252/dap-fertilizer-price-forecast/
World Bank. "Price for Diammonium Phosphate (Dap) from 2015 to 2022 with a Forecast for 2023 and 2024 (in U.S. Dollars per Metric Ton)." Statista, Statista Inc., 27 Apr 2023, https://www.statista.com/statistics/1251252/dap-fertilizer-price-forecast/
World Bank, Price for diammonium phosphate (DAP) from 2015 to 2022 with a forecast for 2023 and 2024 (in U.S. dollars per metric ton) Statista, https://www.statista.com/statistics/1251252/dap-fertilizer-price-forecast/ (last visited November 09, 2024)
Price for diammonium phosphate (DAP) from 2015 to 2022 with a forecast for 2023 and 2024 (in U.S. dollars per metric ton) [Graph], World Bank, April 27, 2023. [Online]. Available: https://www.statista.com/statistics/1251252/dap-fertilizer-price-forecast/
