my country’s export volume of monoammonium phosphate is large and industry access conditions are strict

Monoammonium phosphate, whose scientific name is ammonium dihydrogen phosphate, is an important inorganic salt product. It is mainly used to manufacture high-concentration nitrogen-phosphorus compound fertilizers, fire-fighting dry powder fire extinguishing agents, lithium iron phosphate precursors, etc. It can also be used as industrial and food additives. Currently, monoammonium phosphate products on the market are mainly divided into two categories: solid and liquid. Solid monoammonium phosphate is the mainstream product and has greater market demand.

The upstream of the monoammonium phosphate industry chain is mainly the supply layer of raw materials such as phosphate rock, phosphoric acid, sulfuric acid, and synthetic ammonia. The midstream is the monoammonium phosphate production line, and the downstream is the application fields of monoammonium phosphate, such as fertilizers, medicines, fire extinguishing agents, power batteries, food additives, etc. field.

According to the “2023-2028 Monoammonium Phosphate Industry Market In-depth Research and Investment Prospect Forecast Analysis Report released by the Industrial Research Center, The development of the monoammonium phosphate industry is closely related to the upstream and downstream industries. In terms of raw materials, my country is rich in phosphate rock resources. However, due to high mining costs and national protection policies for phosphate rock, the current production cost of monoammonium phosphate is relatively high, and there is still room for price growth. my country is a major agricultural country, and the compound fertilizer manufacturing industry is developing rapidly, driving the market demand for monoammonium phosphate to continue to increase.

my country’s monoammonium phosphate not only meets domestic market demand, but also delivers to foreign markets. According to my country’s customs statistics, my country’s exports of monoammonium phosphate will reach 3.57 million tons in 2022, with export value reaching 19.9 billion yuan. my country’s main exporting countries of monoammonium phosphate are Brazil, Australia, Argentina, etc.

The state pays attention to the development of the monoammonium phosphate industry and introduces policies to help the industry upgrade and transform. In April 2022, the National Energy Administration issued the “Guiding Opinions on Promoting High-Quality Development of the Petrochemical and Chemical Industry during the 14th Five-Year Plan”, proposing to clearly limit the new production capacity of monoammonium phosphate and other industries, and accelerate the elimination of inefficient and backward production capacity. Under the guidance of policies, the monoammonium phosphate industry structure will be optimized and upgraded, and the industry as a whole will develop in a green and high-quality direction.

The number of monoammonium phosphate companies in my country is relatively small, and the market concentration is high. At present, my country’s monoammonium phosphate companies mainly include Yuntianhua, Hubei Yihua, Luxi Chemical, etc. Among them, Yuntianhua has the largest market share and strong market competitiveness; Hubei Yihua has the greatest development potential and is expected to become one of the industry leaders in the future; Luxi Chemical mainly produces liquid monoammonium phosphate, and its products are highly differentiated.

Industry analysts said that as the country gradually increases its attention to environmental protection, the monoammonium phosphate industry will face strict environmental pressure and Changing market demands and industry access conditions are gradually improving. my country’s monoammonium phosphate enterprises should increase technology research and development efforts, improve product quality, and reduce production costs; actively develop the use value of monoammonium phosphate and expand the application fields of monoammonium phosphate; at the same time, respond to national policy calls, increase investment in environmental protection, and actively promote phosphoric acid Green production of monoammonium.