Diammonium Phosphate (DAP) Price Trend and Forecast 2026-2027

Market Overview

Diammonium Phosphate prices in Germany, the highest-cost reporting region, rose 2.8% in Q2 2026 to USD 1,110.00/MT from USD 1,080.00/MT in Q1, extending Europe's steady climb through elevated gas and ammonia replacement costs. Chinese prices, which had jumped 30.0% in Q1 alone on constrained export availability, rose a further 4.0% to USD 730.00/MT. Globally, the average rose from USD 798.70/MT in Q1 to USD 828.00/MT in Q2, a 3.7% gain. For H2 2026, a global average of USD 790.00-900.00/MT is expected, with a persistent cost-push floor from elevated sulfur and ammonia prices likely to keep this market firm even as regional supply and export policy continue driving considerable divergence.

Diammonium Phosphate, commonly abbreviated DAP, contains roughly 18 percent nitrogen and 46 percent phosphorus, making it one of the most nutrient-dense and widely traded phosphate fertilizers globally, essential for wheat, corn, rice, and soybean production. Its dual feedstock dependency on phosphoric acid, itself derived from phosphate rock and sulfuric acid, and ammonia means production economics are simultaneously exposed to phosphate rock mining costs, sulfur and sulfuric acid processing costs, and natural gas costs for ammonia synthesis, making DAP prices unusually sensitive to swings in any of these inputs. Phosphate rock and sulfur feedstock costs, ammonia and natural gas prices, and Chinese export policy are what drive prices in this market.

Diammonium Phosphate Price Forecast for 2026

The outlook for Diammonium Phosphate through H2 2026 stays firm, anchored by a persistent cost-push floor from sharply higher sulfur and ammonia prices that has kept production costs elevated regardless of seasonal demand swings. India's continued record import volumes, even amid price volatility, should keep global demand robust, while Chinese export policy remains the key swing factor determining how much relief reaches international buyers.

The main upside risk is a further tightening of Chinese export availability through domestic supply retention measures, which could push international prices sharply higher as it did in Q1 2026. The main downside risk is a faster-than-expected easing in sulfur and ammonia feedstock costs combined with softer seasonal demand, which would relieve some of the current cost-push pressure.

For the Quarter Ending June 2026

Diammonium Phosphate Prices Q2 2026:

• Germany: USD 1,110.00/MT
• United States: USD 800.00/MT
• India: USD 820.00/MT
• China: USD 730.00/MT

Diammonium Phosphate Prices in Germany

German Diammonium Phosphate prices averaged USD 1,110.00/MT in Q2 2026, the highest of any region tracked here, up 2.8% from USD 1,080.00/MT in Q1, as elevated natural gas and ammonia replacement costs continued supporting this market.

Why did the price of Diammonium Phosphate change in Q2 2026 in Germany?

Natural gas constraints and higher ammonia replacement costs continued exerting production cost pressure, supporting firmer delivered DAP replacement values even as seaborne inflows from Morocco, Russia, and Lithuania helped ease the most acute shortages.

Diammonium Phosphate Prices in the United States

US prices averaged USD 800.00/MT in Q2 2026, up 3.9% from USD 770.00/MT in Q1, as tight inland inventories continued supporting firm pricing.

Why did the price of Diammonium Phosphate change in Q2 2026 in the United States?

Gulf export commitments continued reducing rail arrivals, tightening inland inventories, while elevated freight and higher crude-related shipping costs increased landed costs even as ammonia cost pressure eased modestly.

Diammonium Phosphate Prices in India

Indian prices averaged USD 820.00/MT in Q2 2026, up 3.8% from USD 790.00/MT in Q1, as the world's largest DAP importer continued record procurement volumes even amid elevated pricing.

Why did the price of Diammonium Phosphate change in Q2 2026 in India?

Strong demand from agricultural fertilizer applications ahead of the growing season kept Indian buyers active, continuing the record import pace that has defined this market since mid-2025, even as landed costs stayed elevated.

Diammonium Phosphate Prices in China

Chinese prices averaged USD 730.00/MT in Q2 2026, the lowest of the four regions, up 4.0% from USD 702.00/MT in Q1, extending the sharp gain seen earlier in the year as export availability remained constrained.

Why did the price of Diammonium Phosphate change in Q2 2026 in China?

Constrained Chinese export availability, driven by domestic supply retention measures, continued tightening regional supply balances even as the pace of further gains moderated from the sharp Q1 spike.

For the Quarter Ending March 2026

Diammonium Phosphate Prices Q1 2026:

• Germany: USD 1,080.00/MT
• United States: USD 770.00/MT
• India: USD 790.00/MT
• China: USD 702.00/MT

Diammonium Phosphate Prices in Germany

German prices rose 4.9% in Q1 2026 to USD 1,080.00/MT from USD 1,030.00/MT in Q4 2025, as natural gas constraints and higher ammonia replacement costs continued building.

Why did the price of Diammonium Phosphate change in Q1 2026 in Germany?

Seaborne inflows from Morocco, Russia, and Lithuania replenished European ports, easing immediate shortages, but natural gas constraints and higher ammonia replacement costs continued exerting production cost pressure that outweighed the improved import availability.

Diammonium Phosphate Prices in the United States

US prices fell 7.2% in Q1 2026 to USD 770.00/MT from USD 830.00/MT in Q4 2025, as ammonia cost declines partially offset tight inland inventories.

Why did the price of Diammonium Phosphate change in Q1 2026 in the United States?

Gulf export commitments reduced rail arrivals, tightening inland inventories and supporting DAP price firmness, while elevated freight and higher crude-related shipping costs increased landed costs, partially offsetting the relief from declining ammonia costs.

Diammonium Phosphate Prices in India

Indian prices rose 3.9% in Q1 2026 to USD 790.00/MT from USD 760.00/MT in Q4 2025, as record import volumes continued even amid elevated global pricing.

Why did the price of Diammonium Phosphate change in Q1 2026 in India?

India, the world's largest DAP importer, continued a record import surge, importing a substantially higher volume year-on-year, as strong demand from fertilizer producers ahead of the growing season kept procurement robust despite elevated global prices.

Diammonium Phosphate Prices in China

Chinese prices surged 30.0% in Q1 2026 to USD 702.00/MT from USD 540.00/MT in Q4 2025, one of the sharpest quarterly moves recorded anywhere in this report, as constrained export availability tightened regional supply.

Why did the price of Diammonium Phosphate change in Q1 2026 in China?

Strong demand from the agricultural fertilizer and crop nutrition sectors ahead of the spring planting season drove robust procurement activity, while constrained Chinese export availability, driven by domestic supply retention measures, tightened regional DAP supply balances and intensified competition among downstream agricultural buyers.

Quarterly Diammonium Phosphate Price Trends

Global Diammonium Phosphate prices surged strongly through the first three quarters of 2025 before correcting into Q4, then diverged sharply by region in early 2026, with China posting an extraordinary spike on export restrictions even as the broader global average moved more moderately, underscoring how much regional supply policy now drives this market.

What was Diammonium Phosphate Price in 2025?

Diammonium Phosphate firmed across every market covered in this report through 2025, propelled by a cost-push floor as liquid sulfur prices nearly tripled and ammonia prices rose roughly 15 percent by late in the year, with the United States posting the strongest annual gain even after a Q4 correction.

Diammonium Phosphate Prices in Germany in 2025

German prices firmed from about USD 950.00/MT in Q1 2025 to USD 1,030.00/MT by Q4, a gain of roughly 8.4%, tracking elevated European gas and ammonia costs through the year.

Diammonium Phosphate Prices in the United States in 2025

US prices firmed from about USD 720.00/MT in Q1 2025 to USD 830.00/MT by Q4, up roughly 15.3%, the strongest annual gain of the four regions, as sulfur and ammonia cost pressure built steadily through the year.

Diammonium Phosphate Prices in India in 2025

Indian prices firmed from about USD 680.00/MT in Q1 2025 to USD 760.00/MT by Q4, a gain of roughly 11.8%, even as record import volumes kept this market's largest buyer fully engaged despite the price climb.

Diammonium Phosphate Prices in China in 2025

Chinese prices firmed from about USD 480.00/MT in Q1 2025 to USD 540.00/MT by Q4, up roughly 12.5%, before the sharp Q1 2026 export-restriction-driven spike that followed.

How We Can Help

Expert Market Research: Your Source for Real-Time Diammonium Phosphate Price Intelligence

Expert Market Research tracks Diammonium Phosphate prices continuously across every major producing and consuming region, combining phosphate rock and sulfur feedstock cost data, ammonia and natural gas price trends, and Chinese export policy developments into a single, regularly updated view of the market. Our team can help your procurement function benchmark current offers, plan purchases around the cost-push and policy-driven trends covered in this report, and build a defensible view of where this critical crop nutrition fertilizer is headed next. Reach out to our team for a tailored briefing or a deeper look at any of the regional markets covered here.