MAP price February 2024 and outlook (see chart below)

  • North America:US$0.59/KG, unchanged
  • Europe:US$0.82/KG, 1.2% up
  • Northeast Asia:US$0.46/KG, 2.2% up
The chart below summarizes MAP price trend per region, as well as the outlook. It takes a moment to load.

Business Analytiq assumes no responsibility or liability for any errors or omissions in the content of this site. The information contained in this site is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness, or timeliness.

MAP price index

This post is a summary of the MAP price index developments since 2017.The price developments are expressed as a price index in US$ prices converted at current FX rates, which are the FX rates applicable at the time the price was valid. MAP price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.

MAP is also known as Ammonium dihydrogen phosphate (ADP) or as Monoammonium phosphate (MAP)

Further information on the MAP price chart

 

What is MAP

MAP (Monoammonium Phosphate) is a common fertilizer that contains two essential plant nutrients, phosphorus and nitrogen, in a water-soluble form. MAP is a white or colorless crystalline powder that is commonly used as a source of phosphorus and nitrogen for plants. It is typically applied to soil as a dry granular fertilizer or dissolved in water and applied as a liquid fertilizer. MAP is widely used in agricultural production, including for crops such as corn, wheat, and soybeans, as it helps to promote root growth, seed production, and overall plant health. The use of MAP is regulated in many countries to ensure proper use and to minimize environmental impacts such as water pollution.

 

How is MAP produced

MAP (Monoammonium Phosphate) is produced by reacting phosphoric acid with ammonia. The chemical equation for this reaction is:

H3PO4 + NH3 → NH4H2PO4

The reaction typically takes place in a series of reactors, where the phosphoric acid and ammonia are mixed and heated to form a slurry of MAP. The slurry is then dried and the resulting solid material is crushed and screened to produce the desired particle size for use as a fertilizer.

The quality of the MAP fertilizer can be influenced by various factors such as the purity of the raw materials, the reaction conditions, and the degree of control over the drying and screening processes. Therefore, it is important to maintain consistent production conditions to ensure high-quality MAP production.

 

What is MAP used for

MAP (Monoammonium Phosphate) is primarily used as a fertilizer in agriculture. It is a good source of both phosphorus and nitrogen, two essential nutrients that plants need to grow and develop. MAP is typically used for crops that require a high level of phosphorus, such as corn, wheat, and soybeans. Some of the common uses of MAP include:

Promoting root growth

MAP can help plants develop strong and healthy roots, which can improve the plant’s ability to absorb nutrients and water from the soil.

Boosting seed production

MAP can also help increase the number and quality of seeds produced by plants, which can improve crop yields.

Enhancing overall plant health

By providing a balanced supply of phosphorus and nitrogen, MAP can help promote healthy growth and development in plants.

Controlled-release fertilization

MAP can also be used in the production of controlled-release fertilizers, which slowly release nutrients over time, reducing the need for frequent fertilizer applications.

Other industrial applications

MAP can also be used in a variety of industrial applications, including in the production of fire retardants, food additives, and animal feed.

It is important to note that the use of MAP and other fertilizers should be done responsibly, taking into account environmental factors such as soil conditions and water quality.

 

What drives the cost of MAP

The cost of MAP (monoammonium phosphate) is influenced by several factors, including:

Raw material prices

The cost of the raw materials used to produce MAP, such as phosphoric acid and ammonia, can have a significant impact on the cost of the final product. Prices of these raw materials can be affected by various factors such as supply and demand, production costs, and global economic conditions.

Production costs

The cost of producing MAP can be influenced by factors such as energy costs, labor costs, and transportation costs. As production costs increase, the cost of the final product may also increase.

Currency exchange rates

The cost of MAP is also influenced by currency exchange rates. Fluctuations in exchange rates can impact the cost of raw materials and transportation, which can affect the final price of MAP.

Government policies

Government policies such as import and export regulations, subsidies, and taxes can also affect the cost of MAP. These policies can impact the availability and cost of raw materials, production costs, and market demand.

Overall, the cost of MAP is influenced by a complex set of factors, which can vary over time and across different regions of the world.

 

What are the key feedstocks of MAP

The key raw materials used in the production of MAP (monoammonium phosphate) are phosphoric acid and anhydrous ammonia. Phosphoric acid is derived from phosphate rock, a naturally occurring mineral that is found in large deposits around the world. Anhydrous ammonia is a gas that is produced by the Haber-Bosch process, which combines nitrogen from the air with hydrogen from natural gas or other feedstocks.

The key feedstocks used to produce phosphoric acid include phosphate rock, sulfuric acid, and water. Phosphate rock is the primary feedstock, and it is typically mined from large deposits and then processed to remove impurities and concentrate the phosphate content. Sulfuric acid is used to dissolve the phosphate rock and produce a solution of phosphoric acid, which can then be further purified and concentrated. Water is used throughout the process to control temperature and dilute the acid.

The key feedstocks used to produce anhydrous ammonia include natural gas, coal, and other hydrocarbons. These feedstocks are typically processed in a steam reforming or gasification process to produce hydrogen, which is then combined with nitrogen from the air to produce ammonia. The production of anhydrous ammonia is an energy-intensive process, and the cost of feedstocks can have a significant impact on the overall cost of production.

Overall, the production of MAP requires a complex set of raw materials and feedstocks, which can vary depending on the specific production process and location. However, phosphoric acid and anhydrous ammonia are the key raw materials used in the production of MAP, and phosphate rock and natural gas are the primary feedstocks used to produce these materials.

 

What are the key properties of MAP

MAP (Monoammonium Phosphate) has several key properties that make it a popular fertilizer for agricultural use. These properties include:

High nutrient content

MAP is a highly concentrated source of both phosphorus and nitrogen, which are essential nutrients for plant growth.

Water-soluble

MAP is highly water-soluble, which means that it dissolves quickly in soil and is readily available for plant uptake.

Low pH

MAP has a low pH, which can help to make other nutrients in the soil more available to plants.

Compatibility with other fertilizers

MAP is compatible with many other fertilizers, which allows for custom fertilizer blends to be created to meet the specific needs of different crops and soil types.

Easy handling and storage

MAP is a free-flowing material that is easy to handle and store, making it a popular choice for large-scale agricultural applications.

Reduced potential for nitrogen losses

The presence of phosphorus in MAP can help to reduce the potential for nitrogen losses from leaching or volatilization, which can improve the overall efficiency of nutrient uptake by plants.

Overall, the key properties of MAP make it a versatile and effective fertilizer for promoting healthy plant growth and improving agricultural productivity.

 

How big is the global MAP market

The global MAP (monoammonium phosphate) market size was valued at around USD 3.6 billion in 2020, and it is expected to grow at a CAGR of around 2.6% from 2021 to 2028. The market is driven by the increasing demand for high-quality fertilizers due to the growing global population and the need to enhance agricultural productivity. The Asia Pacific region is the largest market for MAP, followed by North America and Europe. Some of the major players in the MAP market include Nutrien Ltd., OCP Group, Coromandel International, ICL Fertilizers, and EuroChem Group AG, among others. The market is highly competitive, with a large number of players operating in the global and regional markets.

Monoammonium phosphate & mix with diammonium, <=10 kg are the world’s 655th most traded product.

In 2020, the top exporters of Monoammonium phosphate & mix with diammonium, <=10 kg were Morocco ($1.09B), United States ($882M), China ($835M), Russia ($702M), and Saudi Arabia ($319M).

In 2020, the top importers of Monoammonium phosphate & mix with diammonium, <=10 kg were Brazil ($1.4B), Canada ($520M), Australia ($326M), Argentina ($301M), and United States ($276M).

 

Which countries produce the most monoammonium phosphate (MAP

China is the largest producer of monoammonium phosphate (MAP) in the world. Other major producing countries include India, the United States, Russia, and Morocco.

China’s dominance in the production of MAP is attributed to its large population and extensive agricultural sector, which drives the demand for fertilizers such as MAP. According to the United States Geological Survey (USGS), China produced an estimated 12 million metric tons of MAP in 2020, accounting for around 45% of the global production.

India is the second-largest producer of MAP in the world, with an estimated production of 3.7 million metric tons in 2020. The United States produced approximately 2.5 million metric tons of MAP in the same year, while Russia and Morocco produced 1.8 million and 1.3 million metric tons, respectively.

Other countries that produce significant amounts of MAP include Brazil, Indonesia, Mexico, and Pakistan. The production of MAP is closely tied to agricultural production and demand, and it varies from year to year depending on factors such as weather conditions, crop yields, and market conditions.

 

Further information

 

Business Analytiq

BE THE FIRST TO SEE RISK AND OPPORTUNITY!

BusinessAnalytiq provides unlimited market trend data and an online tools to track market developments, key benchmarks & leading indicators.

BusinessAnalytiq leads to price visibility, better negotiations, easier budgeting and forecasting, lower raw material prices, and improved better internal and external communication. BusinessAnalytiq will decrease risk and higher profit.

businessanalytiq

Where does the data come from?

  • The source of the data are exclusively public non-confidential sources. We have no access to primary data
  • This the index trend of the price trend of the "product category" in general, and not a single specification of the product in particular
  • The data is a combination of contract and spot pricing
  • Our algorithms are set up to eliminate significant product mix impact on the reported price
  • We combine public publications, import/export records, trading prices, company announcements, magazine articles, tweets, and other sources of ad-hoc public information.
  • The chart shows the our best approximation of the market trend based on our algorithm interpretation of the signals
  • For most indexes we have multiple sources and we focus on using statistically-correlated sources
  • As a function of our automation, it is likely that recent trends will be adjusted as we discover more information. So, for example, the price trend for February 2024 will be first calculated in February 2024 and adjusted in March, April and May 2024.
  • We will update the data trend as more information becomes available, and this means that recent trends will always be adjusted as we get more data available
  • The algorithm will regularly revise our understanding of market trends, and indicated market trends may change
  • The data is presented in US$. The UOM of measure is shown in the Index list table
  • Our automated software and we do our best to create an accurate representation of the trend

 

Where does the data NOT come from?

  • We do not purchase data from any other source and republish it.
  • We will not purchase data from any other source and republish it
  • We do not extrapolate trends, even for the forecast. We look for other market signals and leading indicators

 

What data should our company use?

  • If you are making decisions driving significant share of profit, we always recommend that you buy data from the companies who invest in direct primary market access such as ICIS, amongst many others
  • Our data, at best, represents an estimate of the market trend based on public information
  • We have no direct access to the market, and we do not interview suppliers and customers
  • Our automated analysis tools in the online software are set up to combine our data with other sources of data
  • We do not recommend that you use our data for direct price mechanisms, as we may change and improve the data trends over time, including historical data

 

What does the quality indication in the main menu mean?

  • Quality level A: Data is from a reliable and confirmed source
  • Quality level B: Data is from multiple credible sources and there are no major statistical inconsistencies between them
  • Quality level C: Data is from multiple credible sources and there are some statistical inconsistencies between them
  • Quality level D: Data is from a single credible source, but we cannot verify the data
  • Quality level E: Data is either:
    • From a single source, which we consider reliable, but we cannot verify the data.
    • From 2 or more sources which have some periods of contradicting trends.
  • Quality level F: Data is from a single source which we consider indicatively correct, but the data is anecdotal and we cannot verify the data.

 

What are the disclaimers?

  • We assume no responsibility or liability for any errors or omissions in the content of this site.
  • The information is provided on an “as is” basis with no guarantee of completeness, accuracy, usefulness, fitness for purpose or timeliness.
  • By their nature, outlooks are always uncertain

 

How often do we update the data?

  • We aim to update the data series on the 9th and 24th of each month (but we do not always make it for each chart)
  • The data for the current month and recent history are fine-tuned over time.

 

What are we doing to improve the data?

  • We are continually improving our data collection and processing methods
  • Pricing data will be updated from time to time as we improve the accuracy
  • We are reviewing all data sources in the first half of 2024.
    • There will be continuous fine-tuning of the trend and forecast algorithm as part of that.
    • The key focus in 2024 is to add many additional indexes

 

How can i give feedback on the data or request for new indexes

  • Feel free to contact us if you have a specific request. You can reach us via the Contact us page