Price for Ammonia; Anhydrous or in Aqueous Solution in Italy - 2023

Contents:

  1. Price for Ammonia; Anhydrous or in Aqueous Solution in Italy (CIF) - 2023
  2. Price for Ammonia; Anhydrous or in Aqueous Solution in Italy (FOB) - 2022
  3. Imports of Ammonia; Anhydrous or in Aqueous Solution in Italy
  4. Exports of Ammonia; Anhydrous or in Aqueous Solution in Italy

Price for Ammonia; Anhydrous or in Aqueous Solution in Italy (CIF) - 2023

In September 2023, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $602 per ton, shrinking by -12.6% against the previous month. Over the period under review, the import price showed a perceptible slump. The pace of growth appeared the most rapid in June 2023 an increase of 38% m-o-m. The import price peaked at $1,018 per ton in January 2023; however, from February 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($5,846 per ton), while the price for Taiwan (Chinese) stood at $2,020 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ammonia; Anhydrous or in Aqueous Solution in Italy (FOB) - 2022

The average export price for ammonia; anhydrous or in aqueous solutia stood at $590 per ton in 2022, with an increase of 76% against the previous year. Over the period under review, the export price enjoyed a measured expansion. Over the period under review, the average export prices reached the peak figure at $853 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($2,873 per ton), while the average price for exports to Switzerland ($302 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ammonia; Anhydrous or in Aqueous Solution in Italy

In 2022, the amount of ammonia; anhydrous or in aqueous solutia imported into Italy surged to 206K tons, increasing by 247% against 2021 figures. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of ammonia; anhydrous or in aqueous solutia skyrocketed to $226M in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Ammonia; Anhydrous or in Aqueous Solution in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Algeria26.1N/A7.115179.5%
Egypt5.32.6N/A24.767.0%
NetherlandsN/AN/A5.812.2110.3%
SlovakiaN/AN/A0.58.41580.0%
HungaryN/A0.10.77.1742.6%
France0.90.60.82.846.0%
Czech Republic0.30.30.82.4100.0%
Croatia1.92.14.41.7-3.6%
RussiaN/AN/A9.2N/A0%
Others1.81.04.815.7105.8%
Total36.46.634.122683.8%

Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Italy in 2022:

  1. Algeria (116.3K tons)
  2. Slovakia (23.8K tons)
  3. Egypt (19.5K tons)
  4. Czech Republic (12.3K tons)
  5. Hungary (8.8K tons)
  6. Netherlands (7.9K tons)
  7. France (5.2K tons)
  8. Croatia (2.7K tons)

Exports of Ammonia; Anhydrous or in Aqueous Solution in Italy

For the third year in a row, Italy recorded decline in shipments abroad of ammonia; anhydrous or in aqueous solutia, which decreased by -62% to 1.5K tons in 2022. Overall, exports saw a sharp decrease. The smallest decline of -18.3% was in 2021.

In value terms, exports of ammonia; anhydrous or in aqueous solutia plummeted to $890K in 2022. In general, exports faced a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.

Export of Ammonia; Anhydrous or in Aqueous Solution in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2,069807863280-48.7%
Switzerland12812619721819.4%
Germany19.319.318.184.863.8%
Romania23.846.235.762.337.8%
United KingdomN/A2.32.056.5395.6%
Slovenia27.924.035.246.318.4%
IcelandN/A13.752.742.776.5%
Others93.215312999.32.1%
Total2,3611,1921,333890-27.8%

Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Italy in 2022:

  1. Switzerland (720.7 tons)
  2. France (510.1 tons)
  3. Romania (83.9 tons)
  4. Iceland (34.8 tons)
  5. Slovenia (33.7 tons)
  6. Germany (29.5 tons)
  7. United Kingdom (27.4 tons)

Source: IndexBox Market Intelligence Platform

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